Headlines

134 Bank Leaders Sound Alarm Over CLARITY Act — They Want a Key Crypto Rule Changed

Key Takeaways 134 bank leaders urged Senate lawmakers to strengthen stablecoin interest and yield restrictions in the CLARITY Act. Bankers warned incentives tied to stablecoin holdings could weaken the deposit base supporting local lending. The dispute centers on whether payment stablecoins should function only as transaction tools. Bank Leaders Push Senate to Rewrite Stablecoin Provision…

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SEC Chair Backs CLARITY Act — Says He’s ‘Optimistic’ Congress Will Pass Landmark Crypto Bill

Key Takeaways SEC Chair Paul Atkins supports the CLARITY Act and is providing technical assistance to Congress. The legislation could establish a new framework for crypto market oversight in the United States. The SEC is preparing to address digital asset market rules as lawmakers consider the bill’s future. SEC Chair Pushes Congress Toward New Crypto…

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Over 60 Crypto Firms and Projects Fold in 2026 as Bankruptcies, Bear Market and Hacks Rip Industry Apart

Key Takeaways Over 60 crypto projects shut down or filed bankruptcy from January to July 2026, led by BitMEX’s Sept. 23 closure. Security exploits drove closures including Step Finance’s $40 million hack and Radiant Capital’s $50 million 2024 breach. AscendEX cited failed EU MiCA licensing, while Tally’s founder linked its closure to looser SEC enforcement….

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Binance Appoints Crypto and Fintech Veteran Jen Bilango as General Manager for the Philippines

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Blockchain infrastructure provider Binance and its local partner BlockShoals Technologies have appointed Jen Bilango as General Manager for Binance in the Philippines, according to an announcement released Tuesday. The appointment comes as the company prepares…

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Argentina’s Banking Groups Are Quietly Building Peso Stablecoins for the Institutional Market

Key Takeaways BIND and Petersen Groups are developing peso-pegged stablecoins to offer programmable money to institutions. Subsidiaries lead the projects to bypass a 2022 central bank ban on private banks offering crypto services. These digital pesos aim to streamline institutional treasury management and collateralized credit operations. Digital Peso Stablecoins in Development in Argentina While dollar-pegged…

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