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Senate Democrats Call for Hearings into Trump’s Ties to Crypto Amid CLARITY Act Discussions

Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation.In a Friday…
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DOJ Seeks Dismissal of $722 Million BitClub Fraudster

The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019.A court filing shows…
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EU Parliament Passes Message-Scanning ‘Chat Control’

The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics.EU lawmakers on Thursday largely voted against extending…
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Senate Leaders Urged to Keep Dev Protections in CLARITY Act

US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass ahead of the midterms.Wyden told Senate Minority Leader…
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USDT Leads Payments, USDC Dominates DeFi

The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto ecosystem rather than competing head-on.Dune’s Digital…
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Trump’s Bitcoin Reserve Stalled By Interagency Clash: Report

The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary…
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Standard Chartered Extends Tokenization Thesis to Aave Lending

Banking giant Standard Chartered has identified Aave as a potential beneficiary of tokenized assets as they move into decentralized finance (DeFi), saying the protocol could rebuild its position as a dominant onchain lending platform.In a…
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Revolut Notifies Customers of USDT Delisting

Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns.In a Friday customer notice seen by…
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US Law Enforcement Groups No Longer Opposes CLARITY Act

The Major County Sheriffs of America reportedly said it no longer opposes the CLARITY Act after initially raising concerns over how the bill would affect illicit finance investigations.In a letter to US Senate Banking Committee chair Tim…
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OKX launches AI Marketplace for Autonomous Agent Economy

Cryptocurrency exchange OKX has rolled out the beta launch of its marketplace for artificial intelligence (AI) agents.The OKX AI platform enables users to list their own AI agents, enables AI agents to find work, transact autonomously and…
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