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Sen. Cynthia Lummis warns the CLARITY Act may not pass this Congress, risking market structure legislation until 2030, impacting jobs and investment; a Senate cloture vote is set for Sept. 15. #Update #Legal
Bitcoin remains steady at around $79,800 amidst U.S. strikes on Iranian oil tankers following attacks on warships, with inflation data expected to drive volatility this week. #Update #Crypto $BTC
Pakistan’s PVARA crypto deadline is today, requiring all VASPs to file a No-Objection Certificate or cease operations. Non-compliance may lead to criminal charges under the Virtual Assets Act 2026. #Update #Crypto $BTC $ETH
U.S. Rep. French Hill believes the CLARITY Act will pass before the November midterms, with a Senate cloture vote scheduled for September 15. The bill requires bipartisan support to advance. #Update #Crypto
Confidential Ripple documents reveal plans for instant worker payouts, highlighting demand from platforms like @Uber and @Airbnb for low-value cross-border payments. Ripple claims its system is well-suited to meet these needs. #Update #Crypto $XRP
The SEC approved Nasdaq’s rule change designating $BTC, $ETH, $SOL, and $XRP as digital commodities, enhancing fund managers’ flexibility in crypto investments. #Update #Crypto $BTC $ETH $SOL $XRP
@MicroStrategy’s Michael Saylor defends Bitcoin advocacy as free speech, labeling it a commodity, while emphasizing that fraud remains illegal. His remarks coincide with ongoing discussions on the CLARITY Act in Washington. #Update #Crypto $BTC
@RobinhoodChain experienced a 14-minute outage on September 4, disrupting transactions amid a surge in tokenized stock trading. The network has resumed block production but remains unstable. #Update #Crypto $HOOD
Ripple has approved amendments for the XRP Ledger 3.3.0 upgrade, with mainnet activation expected on September 11. $XRP price surged over 8% in 24 hours to around $1.45. #Crypto $XRP
The IMF has announced that El Salvador’s Bitcoin reserve growth will cease under its financial aid arrangement, with future acquisitions limited to verified private donations. #Update #Crypto $BTC
Ripple CEO Brad Garlinghouse emphasizes the importance of the CLARITY Act for establishing the U.S. as a crypto capital, urging Congress to act before midterm recesses threaten its passage. #Update #Crypto $XRP
South Korea’s Financial Services Commission (FSC) outlines a three-stage plan for tokenizing stocks, bonds, and funds by February 2027, with existing brokers able to issue on-chain products. #Update #Crypto $XRP
@Kalshi expands perpetual futures offerings with $BNB, $ADA, $AAVE, $WLD, and $VVV now live for trading; CFTC-approved contracts leverage varies. #Update #Crypto $BNB
Senator Cynthia Lummis advocates for the CLARITY Act, aiming to extend Wyoming’s digital asset regulations nationwide, clarifying federal rules for crypto firms. #Update #Crypto $BTC
