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Crypto lawyer John Deaton argued that since the CLARITY Act is a federal law, the DOJ must have exclusive authority in enforcing its ethics rules.
He opposed the Senate Democrats’ proposal to hand over the reins of the CLARITY Act’s ethics enforcement to state AGs, believing it would only stir

Is Strategy’s new Digital Credit Framework, anchored on the company’s strong Bitcoin and cash reserves, laying the foundation for a new stablecoin?
The business currently holds 843,775 BTC and $3.225 billion in cash reserves.
Strategy (formerly MicroStrategy) has been rebalancing its portfolio. I

Veteran trader Peter Brandt said that Bitcoin could fall at the high-$40,000 range during the ongoing bearish cycle, with his target set by October 4.
On the other hand, he boldly predicted that BTC could reach $250,000 to $300,000 per coin late this decade and over $1 million by the early 2030s.

Bitmine increased its Ethereum portfolio to around 5.78 million ETH, controlling nearly 4.8% of the asset’s circulating supply of 120.68 million.
The company already invested $19.44 billion in ETH but is currently sitting with an unrealized loss of around $8.72 billion from its bet.
Bitmine

Strategy opted to increase its cash reserves to $3.2 billion rather than replenish its Bitcoin stash over the past week.
The company still controls 843,775 BTC, with an average purchase price of $75,476 per BTC.
The public, especially MSTR shareholders, criticized the business for continuously

Japan’s SBI Holdings secured a majority stake in Singapore’s Coinhako crypto exchange to reinforce its regional expansion in Asia.
SBI Holdings, Inc., a publicly traded corporation in Japan, has resumed its push toward expanding its presence in the Asian cryptocurrency landscape. On Friday, the co

ZachXBT claimed that it’s better to use a separate iPhone for crypto transactions and self-custody than dedicated hardware wallets, such as Ledger.
The recent comment of ZachXBT, a prominent investigator in the crypto scene, is making its rounds on X, colloquially known as Crypto Twitter (CT).

Bullish CEO and former NYSE President Tom Farley doubts that big banks are truly protecting the interests of small, community banks in their continued lobbying efforts against the CLARITY Act.
Tom Farley, CEO of Bullish and former President of the New York Stock Exchange (NYSE), has recently

The Japanese parliament has aligned crypto with traditional investment instruments rather than treating it simply as a payment medium.
The new law, passed on Wednesday, also revises crypto taxation while imposing harsher fines and prison terms for violators.
A landmark legislation in Japan is

Lobbyists are putting more pressure on senators to reject the CLARITY Act as the bill reportedly heads to a floor vote in the final two weeks of July.
Lobbyist are intensifying their campaign to block the Digital Asset Market Clarity (CLARITY) Act. Is this a sign that its vote on the Senate floor

Stripe and Advent International submitted an offer to buy PayPal for approximately $53 billion.
The companies plan to own the payments giant with an equal stake rather than breaking it up.
Stripe, a global financial services platform, and Advent International, one of the world’s largest private e

Sygnum Bank highlights that the DTCC’s tokenization revolution goes way beyond a new product launch; it’s setting a new norm for the movement of value across institutions.
The Depository Trust & Clearing Corporation’s (DTCC) adoption of blockchain technology signals a paradigm shift in how value m

Supporters are worried that Patrick Witt’s upcoming military leave will further delay the CLARITY Act into next year.
Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, is taking military leave. It leaves the Digital Asset Market Clarity (CLARITY) Act

Strategy sold $466.7 million of MSTR shares over the past week to increase its cash reserves to $3 billion while its Bitcoin holdings remained unchanged at 843,775 coins.
Michael Saylor, Executive Chairman of Strategy, slowly breaks the norm as his Sunday posts no longer meant that their company b

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Pakistan’s digital assets regulator urged continued discussions with Islamic scholars and industry experts after a recent fatwa declared crypto “haram.”
A recent fatwa, an authoritative opinion based on sharia

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Ripple CTO Emeritus David Schwartz shot back at a Chainlink strategist’s supposedly false claims about their company’s XRP escrow model.
One of their points of contention was Ripple’s constant dumping of XRP,