INTEL: Republicans rejected Democrats’ CLARITY Act counteroffer ahead of today’s 17:15 UTC vote
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Solid Intel 🛰
INTEL: Republicans rejected Democrats’ CLARITY Act counteroffer ahead of today’s 17:15 UTC vote Twitter
INTEL: Lead Senate Republican Lummis rejects Democrats’ CLARITY Act counteroffer hours before today’s vote, leaving the bill unlikely to advance
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INTEL: Saudi Arabia suspended oil loadings at Yanbu after attacks shut its East-West Pipeline
Yanbu can handle up to 5M barrels a day as Brent pushes toward $110 | Per Reuters
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Yanbu can handle up to 5M barrels a day as Brent pushes toward $110 | Per Reuters
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INTEL: Wall Street now overwhelmingly expects the Fed to hike rates this week, with most major banks forecasting another increase before year-end
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INTEL: Two Robinhood engineers were charged in a crypto insider trading scheme after allegedly trading Hyperliquid perpetuals ahead of token listings | Per DOJ
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INTEL: Sen. Elizabeth Warren warns passing the CLARITY Act could put the US at risk of an economic crash
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INTEL: Stand With Crypto says senators who voted against the CLARITY Act will be marked on its lawmaker scorecards ahead of November’s midterms
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INTEL: Two crypto bills are in Congress today
One would eliminate capital gains tax on crypto transactions of $10 or less
The other would require federal Bitcoin holdings to stay in reserve for at least 20 years
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One would eliminate capital gains tax on crypto transactions of $10 or less
The other would require federal Bitcoin holdings to stay in reserve for at least 20 years
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INTEL: €1.9 trillion Deutsche Bank announces plans to launch Bitcoin and crypto custody for institutional and corporate clients later this year
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INTEL: US retail sales rose 1.2% in August, beating the 0.8% forecast and reversing July’s decline
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INTEL: Bernstein expects the SEC and CFTC to move “aggressively and swiftly” on crypto rules after the CLARITY Act failed to advance
Stablecoin rewards on idle balances can continue unchanged
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Stablecoin rewards on idle balances can continue unchanged
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INTEL: Circle launched the Arc mainnet with BlackRock, Visa, Mastercard, DTCC and Standard Chartered among its founding validators
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More than 100 applications and institutions are live on the network at launch
Circle also minted 10B ARC tokens at genesis, but says this does not confirm a public token launch
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INTEL: CFTC Chair Michael Selig says the agency will move ahead with crypto market rules using existing authority after the CLARITY Act failed in the Senate
“The CFTC is locked in and ready to ship its rules for the new frontier of finance.”
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“The CFTC is locked in and ready to ship its rules for the new frontier of finance.”
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INTEL: SEC Chair Paul Atkins says Crypto regulatory clarity is coming “with or without” CLARITY Act
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INTEL: House panel approves first federal crypto tax framework after Senate CLARITY Act setback
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