Author: John Smith

The CLARITY Act has encountered a new Senate dispute over vertical integration rules ahead of its Sep. 15 cloture vote, which requires 60 votes to advance the crypto market structure bill. Summary Democrats want regulators to set conflict-of-interest standards for vertically integrated crypto companies. Republicans support safeguards but fear a future administration could misuse the proposed authority. Senators Cory Booker, Cynthia Lummis, and John Boozman are negotiating the provision. Polymarket traders give the bill a 17% chance of becoming law in 2026. CLARITY Act negotiations focus on vertical integration Politico reported on Sep. 10 that Senate Democrats are pressing for…

Robinhood has added searchable asset pages for JUGGERNAUT and FRONG, helping the Robinhood Chain meme coins climb as much as 500% and 130%, respectively, despite neither token being available for spot trading on Robinhood Crypto. Summary JUGGERNAUT surged more than 500% within an hour before trimming part of the gain. FRONG climbed nearly 130% and reached a reported all-time high of $0.0164. Robinhood’s additions are searchable asset pages, not confirmed spot-market listings. Robinhood Chain generated a reported $4.5 billion in decentralized exchange volume over 30 days. Robinhood asset pages trigger meme coin buying Whale Scan first drew attention to searchable…

Ethereum price hovered near $2,468 on Sep. 10 as buyers defended the lower end of a multiweek range, while repeated failures above $2,500 kept the short-term outlook uncertain. Summary Ethereum price traded near $2,468 after moving between approximately $2,455 and $2,485 during the session. The 4-hour chart places immediate support at $2,460 and resistance between $2,500 and $2,508. A weekly close above $2,550 could open the way toward $2,656 and $2,812. Liquidation clusters near $2,440 and $2,490 could increase volatility if either level breaks. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price traded around $2,468 at…

U.S. Treasury Secretary Scott Bessent has urged senators to advance the CLARITY Act as lawmakers prepare to return from their August recess for a procedural vote that will test whether the crypto market structure bill has enough support to move forward. Summary Treasury Secretary Scott Bessent urged senators to advance the CLARITY Act and remain at the negotiating table. The Senate is set to hold a Sept. 15 procedural vote that requires 60 votes to move the legislation forward. The National Sheriffs’ Association dropped its opposition to the bill on Sept. 3 and changed its position to neutral. Galaxy has…

Former Bank of England and Bundesbank officials have joined Fnality’s UK and European boards as the bank-backed blockchain payments company prepares to expand its central bank money settlement network beyond sterling. Summary Former BoE Deputy Governor Jon Cunliffe will chair Fnality’s UK board, while former Bundesbank executive Jochen Metzger joins its European supervisory board. Fnality operates a blockchain based wholesale payment system that allows banks to settle obligations using central bank backed money. The company launched its regulated sterling payment system in 2023 and is seeking approvals for dollar and euro versions. Fnality is backed by major financial institutions including…

Cosmos launched a 17-member Partner Network on Sept. 9, bringing BitGo, Galaxy Digital, OpenZeppelin and other infrastructure providers together to help financial institutions move tokenized deposits and digital asset services from trials into production. Summary Cosmos launched its Partner Network with seventeen providers covering custody, compliance, security, and blockchain infrastructure. BitGo joined alongside Galaxy, OpenZeppelin, Blockdaemon, Hypernative, Blockchain.com, and eleven other specialized service providers initially. Cosmos will supply tokenization software while partners provide custody, verification, monitoring, and integrated implementation services. The network targets tokenized deposits, round-the-clock settlement, programmable escrow, trade finance, and agentic commerce cases. Cosmos said its technology supports…

BlackRock warned on Sept. 8 that rising Japanese government bond yields could weaken demand for U.S. Treasuries by giving Japanese investors more attractive returns at home. Summary Japan’s 10-year government bond yield briefly exceeded 3%, its highest level since 1996, BlackRock reported. Yen-hedged 10-year Treasuries yield about 2% for Japanese investors, versus roughly 3% on domestic bonds. Japan holds roughly $1.1 trillion in U.S. Treasuries, making potential capital repatriation globally relevant today. BlackRock estimates a hypothetical 5% portfolio shift would redirect approximately $55 billion toward Japanese assets. Markets fully price a Bank of Japan rate increase this month, according to…

World has opened its standalone Solana prediction market platform to more than 1 million waitlisted users after creating over 150,000 markets through its Phantom integration. Summary More than 1 million waitlisted users can now access World through its standalone website. Over 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture. Chainlink Data Streams and its Runtime Environment provide market data and automate contract resolution. World plans to introduce equity, commodity, and weather markets after the initial launch. World gives waitlisted users direct market access World said in a Sept. 9 announcement that world.xyz now gives more…

Mastercard has launched Agent Connect to give merchants one integration for product discovery, cart creation and customer-approved payments across AI shopping platforms. Summary Agent Connect links merchants, AI agents, digital platforms, and payment providers through one connection. Merchants can provide current product, price, and inventory data from their existing catalogs. Agent Pay uses tokenized permissions to verify that customers authorized AI-initiated purchases. More than 30 companies support Mastercard’s payment system for autonomous software and machines. Mastercard Agent Connect reduces separate merchant integrations Mastercard said in a Sep. 9 announcement that Agent Connect allows merchants to participate in AI-assisted shopping without…

Ripple Chief Legal Officer Stuart Alderoty has urged undecided and opposing senators to hear from an estimated 67 million American crypto holders before the CLARITY Act faces a 60-vote procedural test on Sep. 15. Summary Alderoty has contacted Senate offices and asked lawmakers to speak directly with crypto holders. The Sep. 15 cloture vote requires 60 senators and would open debate, not pass the bill. Ethics rules, stablecoin rewards, and protections for decentralized finance remain points of dispute. Republican senators have warned that the bill could fail without further compromise. Alderoty asks senators to meet crypto holders Ripple Chief Legal…