Polymarket Predicts 62% Democrat Sweep
Polymarket gives Democrats 62% odds of sweeping Congress; CLARITY Act’s future uncertain amid regulatory shake-up. Bitcoin trades at $82,816. #Update #Crypto $BTC
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Tether Clashes with Senate Over Iran Crypto
Tether’s $USDT is central to Iran’s shadow banking, says Senate report; Tether disputes, citing $550M in USDT freezes. USDC less involved. #Update #Crypto $USDT
Democrats Launch CLARITY Act Counteroffer
Senate Democrats reject the CLARITY Act draft over ethics concerns, with passage odds at 18%. State AGs oppose due to investor protection limits. GOP doubts persist. #Update #Legal
SEC Approves CLARITY Act with 126 Changes
Senate Democrats request 126 changes to the CLARITY Act, expanding SEC and CFTC oversight of digital assets. Sept. 15 vote tests support for revisions. #Update #Crypto
Bitcoin CLARITY Act: Lummis Urges Democrat Vote
Senator Lummis urges Democrats to support the CLARITY Act, which includes over 100 Democratic changes. Prediction markets give it low odds of passing before 2027. #Update #Legal
Crypto Regulation Threatens DeFi Innovation
The crypto industry reacts strongly to a leaked U.S. Senate Democratic proposal that could regulate decentralized finance (DeFi) as brokers, raising concerns over compliance and potential bans on DeFi operations. #Update #Legal $BTC $ETH