Senators said to strike idea to toughen Trump’s concession on Clarity Act’s crypto limits

There are two timelines at war, now. First, the Senate’s own calendar is famously difficult to negotiate, with any contentious bill requiring days of floor time. Each passing hour narrows the legislation’s odds as just seven days remain before the recess, when senators will leave Washington and largely shift focus to the consequential midterm elections…

BNY Launches Blockchain Transfer Agency Platform

BNY, one of the world’s largest custodian banks, is taking a major step toward blockchain-based financial infrastructure by moving fund ownership records onchain. The New York-based institution will launch a blockchain-based version of its transfer agency business, which manages fund ownership records and investor transactions, the Financial Times reported Wednesday. “We think of BNY as…

CoinCash Gets MiCA License as Hungary Repeals Crypto Rules

Hungary is rolling back strict crypto rules as CoinCash prepares to resume services after receiving authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The Hungarian Parliament voted to repeal the country’s crypto validator requirement, removing mandatory third-party approval for certain crypto transactions, the Hungarian tax and legal publication Ado.hu reported on Tuesday. Finance…

Ethereum (ETH) news: Foundation names pcaversaccio to board amid leadership changes

The Ethereum Foundation (EF) has appointed longtime ecosystem contributor pcaversaccio (known as “pc”) to its board, expanding the group’s leadership as it continues to refine the governance of the organization behind the world’s second-largest blockchain. pc, a security researcher and co-founder of the emergency response initiative SEAL 911, joins the board for an initial one-year…

Telegram founder Pavel Durov internationally wanted, Russia’s FSB says

Russia’s FSB says Telegram founder Pavel Durov faces a terrorism-related charge and an international arrest warrant, while a separate French case remains open. Source link

Bitcoin ETFs extend outflow streak as BTC fails to hold $65K

US spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000. Source link

Trade.xyz to Reimburse SK Hynix Perp Traders After Price Anomaly

Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a South Korean chipmaker and producer of high-bandwidth memory for artificial intelligence. Trade.xyz said the SKHYNIX contract’s mark price fell to $917.25 from $1,127.90 at 23:01 UTC on Monday…

Cross-Border Payments Top Stablecoin Use Case in UK Policy Sprint

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Citadel bets on a Fed rate hike Wednesday as bitcoin (BTC) analysts call a hold.

Crypto is trading on a cautious note. The upswing in bitcoin, the leading digital asset by market value, has stalled since last Wednesday, with prices pulling back to just under $64,000 from the high of nearly $67,000. July hike to end forward guidance Citadel’s rate hike call is less about where the data land and…

Uniswap founder rejects claims v4 fees reduce LP earnings

Hayden Adams said critics misunderstood Uniswap’s newly approved v4 protocol fees, rejecting claims the change reduces liquidity providers’ earnings. Source link