ALLCointelegraph
US Senate fails to advance CLARITY Act
The failed procedural vote leaves the CLARITY Act facing an uncertain future after months of negotiations over crypto oversight and ethics provisions.
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CRYPTO NEWS ARCHIVE
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- DEFICoinDesk
Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.
- DEFICointelegraph
Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.
- ALLCointelegraph
Binance adds 11 US-listed ETFs to wealth management offering
The crypto exchange is expanding its traditional finance offerings with 11 US-listed exchange-traded funds focused on US Treasurys and investment-grade bonds.\n
- BITCOINCointelegraph
Bitcoin price falls to $75.6K September low as global bonds hit multidecade highs
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.
- BITCOINCointelegraph
Standard Chartered says Arbitrum could outperform Bitcoin, Ether through 2030
Standard Chartered sees Robinhood Chain as an early sign that tokenization could transform Arbitrum’s economics and drive ARB sharply higher by 2030.\n
- ALLCoinDesk
Crypto Clarity Act barrels toward disappointment barring last-minute Senate turnaround
The Crypto Clarity Act is unlikely to pass in the U.S. Senate before the planned Tuesday vote, as negotiations between Republicans and Democrats have stalled, with each side maintaining similar positions despite some movement by Republicans. Senator Cynthia Lummis, a leading Republican negotiator, criticized Democrats for not shifting their stance, while Senator Elizabeth Warren indicated that recent Republican proposals were not negotiated with Democrats and were considered inadequate. Industry insiders and policy analysts express skepticism about salvaging the bill, with some noting that a failed vote could effectively end its legislative prospects for this session. Despite ongoing regulatory efforts by agencies like the SEC and CFTC, the legislation's failure might not impede the industry's regulatory progress, as officials continue to work towards establishing rules independent of the bill. The industry's advocates emphasize the importance of a "yes" vote to keep the legislative process alive, but if the bill fails, future efforts may be influenced by upcoming elections and shifting political dynamics.
- ETHEREUMCointelegraph
ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address
An MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address.
- ALLCoinDesk
European Central Bank calls for merchants to participate in digital euro pilot
The 12-month test will put a beta version of the central bank currency through online, mobile, in-store and peer-to-peer payments.
- ALLCoinDesk
Clarity Act's odds of passing plunge as Republicans reject Democrats' counter-proposal
Prediction markets sharply marked down the crypto market structure bill’s near-term prospects as negotiations remained stuck hours before a key Senate vote.
- BITCOINCoinDesk
BTC news: A 25-cent bitcoin deposit let a hacker mint 46 billion fake bitcoin tokens
According to CoinDesk, a hacker exploited two software bugs to create over 2,000 times Bitcoin’s maximum supply in unbacked syBTC tokens on a DeFi bridge. Symbiosis, the platform involved, estimates preliminary losses of approximately 9.97 BTC. The incident involved turning a small amount of Bitcoin into a significantly larger number of fake tokens, reportedly amounting to 46 billion, although the initial loss figure is much smaller.
- ALLCointelegraph
USDT payments feature in Polish energy giant’s failed $230M oil deal: FT
Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023.
- ALLCoinDesk
Standard Chartered predicts Arbitrum's ARB to rise 70-fold to $10, citing Robinhood Chain revenue
The bank expects tokenization to make Arbitrum a favored network for traditional finance, even though ARB holders currently have no direct claim on the fees.
- ALLCoinDesk
To ensure permanent economic innovation, we must pass the Clarity Act now
Congress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (D-Mich.)
- DEFICointelegraph
US House crypto tax package omits mining, staking reward deferral
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged.
- ETHEREUMCointelegraph
Ethereum, Base wallet standards talks fail, Ethlabs researcher says
Ethereum and Base are pursuing different account abstraction designs after talks failed, according to Ethlabs researcher Derek Chiang.
- BITCOINCointelegraph
Bitcoin Short-Term Holders Near One Month in Partial Profit in New Bull Signal
Bitcoin short-term holders approached a full month in partial profit as analysis saw improving odds of an enduring bullish BTC price reversal.
- ALLCointelegraph
US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds.
- GAMINGCointelegraph
CLARITY Act odds fall to 16% as key Democrats resist GOP’s ‘final’ offer
Banking groups also said the GOP’s final text leaves stablecoin reward loopholes, while tribal gaming interests warn that its prediction market provisions threaten tribal sovereignty.
- DEFICointelegraph
CoinEx to Shut Down as Trading Volumes Decline
CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.
- DEFICointelegraph
Balancer eyes wind-down after restructuring fails to revive revenue
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption.
- ALLCointelegraph
Democrats push back on GOP’s ‘final’ CLARITY offer with counterproposal: Politico
Senate Democrats are preparing a counterproposal to the Republicans' revised CLARITY Act text despite GOP lawmakers describing it as their "last, best and final offer," according to Politico. The Democrats, who met in Senate Minority Leader Chuck Schumer's office, remain unsatisfied with certain aspects of the crypto ethics language in the bill. Senator Mark Warner stated that Democrats are sending a counterproposal as they work in good faith. This development occurs ahead of an important Senate procedural vote, which will decide whether the bill can move toward floor consideration.
- DEFICointelegraph
Kraken brings DeFi yield to tokenized stocks and ETFs
Kraken’s new xStocks vaults let investors earn yield on tokenized versions of Nvidia and major US stock market ETFs by lending the assets in DeFi markets.
- BITCOINCointelegraph
Bitcoin tops $79K, oil falls as Trump says Iran war could end
Bitcoin’s price rose toward $80,000 after US President Donald Trump hinted that the US-Iran war would end, pushing oil prices lower.
