Key Takeaways Lummis expects the Senate to vote on the CLARITY Act before the August recess begins. Democrats continue pressing for stronger ethics and enforcement rules. Federal regulators support legislation dividing crypto oversight. Lummis Sees Vote Nearing After 11 Months of Negotiations U.S. Senator Cynthia Lummis (R-WY), chair of the Senate digital assets panel, said…
Key Takeaways Citadel Mining holds about 6,996 BTC built through Abu Dhabi mining operations since 2022. Mubadala raised its Blackrock IBIT stake 16% to 14.7 million shares in Q1 2026. The FSRA’s stablecoin framework and farm-mining rules will shape ADGM growth through 2026. Regulators Write the Rulebook Early The emirate’s Financial Services Regulatory Authority, or…
Key Takeaways Circle posted $48M in Q2 profit as USDC transaction volume jumped 151% to $14.8T. USDC reached $73.3B in circulation, strengthening Circle’s institutional payments reach. Circle will launch Arc on Sept. 16 with Blackrock and BNY among 100+ participants. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned…
Key Takeaways Bitwise’s Matt Hougan sees Clarity Act odds near a coin flip. Hougan said SEC Chair Paul Atkins’ July 31 vow to bring finance onchain softens the blow if the bill dies. Bitwise says stablecoins and tokenization have hit “escape velocity,” especially with a Senate vote due before Aug. 7. ‘Can’t Thrive in the…
Key Takeaways Strategy will add $250 yearly to eligible employees’ children’s accounts. Strategy will match the Treasury’s $1,000 seed for qualifying newborns. Strategy’s program starts after Treasury finalizes employer guidance. The Tysons Corner, Virginia-based company told the public on Wednesday that it will deposit $250 annually for every eligible child under 18, regardless of the…
Key Takeaways Bill 8722 passed in July after fraudsters stole $70 million from the charity Caritas in 2024. In 2024, Luxembourg police logged 6,382 fraud cases as FIU scam reports surged by 32%. FIU Director Max Braun led training on Aug. 6 prior to the law entering force two days later. Targeting Crypto Loopholes Luxembourg…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Most web3 gaming projects maintain strict centralized control over their game economies during early deployments, promising decentralized governance only in far-off roadmaps. GladiatorDEX is taking another approach by handing over its levers and regional growth…
Key Takeaways Coldcard theft losses topped $116 million this week, with a fourth wave moving 388.9 BTC in one evening. Developer James O’Beirne’s tripwire wallet with no added entropy was swept by attackers within an hour. Capriole pegs bitcoin’s production cost at $54,000, a floor bulls cite with BTC chopping near $64,000. A Week of…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Digital banking in the Philippines relies heavily on balancing rapid financial access with tight cybersecurity. Lito Villanueva, Executive Vice President and Chief Innovation and Inclusion Officer at Rizal Commercial Banking Corporation (RCBC), has been named…
Key Takeaways Punchbowl News has reported that Democrats will block cloture, citing stalled White House ethics talks. Sen. Ruben Gallego said Republicans aren’t engaging, while Sen. John Thune still wants a vote this week. Polymarket traders have cut the Clarity Act’s 2026 passage odds to just 23%. ‘They Don’t Want This to Happen’ Senate Democrats…
