Headlines

Trump Requested Democratic SEC Candidates, but No Names Arrived, White House Says

Key Takeaways The White House says it requested Democratic names for vacant SEC and CFTC seats before Democrats raised concerns. Senate Democrats accused Trump of refusing to nominate Democratic commissioners to agencies designed for bipartisan membership. SEC vacancies carry added weight as Republican commissioners reshape cryptocurrency oversight under Paul Atkins. White House Rejects the Charge…

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US Lawmaker Pushes Crypto Developer Protections as Senate Weighs CLARITY Act

Key Takeaways U.S. Senator Ron Wyden urged Senate leaders to preserve protections for non-custodial blockchain developers in the CLARITY Act. Crypto policy advocates praised Wyden’s stance as a defense of software publication and open internet principles. Alex Thorn said backing developer protections does not necessarily indicate Wyden will support the broader CLARITY Act. Why Is…

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BDO, Chinabank, EastWest Waive InstaPay and PESONet Transfer Fees

BDO Unibank Inc. (BDO), China Banking Corp. (Chinabank), and East West Banking Corp. (EastWest Bank) announced the elimination of transaction fees for domestic fund transfers through the InstaPay and PESONet networks. The pricing updates follow regulatory adjustments directed by the Bangko Sentral ng Pilipinas (BSP) regarding electronic payment pricing. (Read More: List: PH Banks With…

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Robinhood Chain Tops $560 Million in Daily DEX Volume, Fueled by Meme Coin Boom

Key Takeaways Robinhood Chain topped $560M in daily DEX volume as nearly 16,000 new tokens launched. Arbitrum earns 10% of Robinhood Chain fees, linking L2 growth to ecosystem revenue. Pumpfun added Robinhood tokens, expanding Solana trader access without bridging. Arbitrum Stands to Gain as Robinhood Chain Reaches 200,000 Active Addresses Robinhood Chain is seeing a…

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Michael Saylor Declares Bitcoin Has ‘No Spam Problem’ as BIP-110 Debate Escalates

Key Takeaways Michael Saylor’s Jul. 9 X post drew 938 replies, exposing deep Bitcoin community divisions. Grok found 65% opposed Saylor’s stance, while 25% backed his free-market Bitcoin view and 10% showed neutrality. BIP-110’s August rollout could reshape Bitcoin as the spam debate continues to intensify. On Wednesday, Michael Saylor took to the social media…

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Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer

Key Takeaways Hyundai Card slashed cross-border payment times to 7 minutes in a $20,000 corporate stablecoin test. Tether, Avalanche, and Axiym backed the pilot, marking a historic first for the South Korean card industry. A second pilot launches later this month with Circle and Visa to test local currencies across European units. Shaving Hours off…

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Harry Hwang Warns Compliant Solana Order Flow Lanes Could Concentrate Institutional Liquidity

Key Takeaways Moneygram recently became a Solana validator to master node operations before ledger integration. Apprehension grows over compliant order lanes as Solana risks centralizing liquidity into 1 approved route. Flowra’s PBP framework will next let institutional nodes block 100% of toxic MEV via programmable policies. Moneygram’s Strategic Infrastructure Staging Ground Global remittance giants have…

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