Witt’s departure comes during a critical moment for the CLARITY Act, with deputy director Harry Jung expected to assume his responsibilities. Patrick Witt, the White House’s pointman on the Digital Asset Market Clarity Act, is taking a leave of absence at the end of July for several months of military training, Crypto In America reported....Continue Reading

The transfers have raised questions over Trump’s Bitcoin reserve pledge, though deposits to Coinbase Prime do not confirm an impending sale. The US government moved nearly $300 million in seized Bitcoin and Ether to Coinbase Prime on Monday, renewing speculation that the assets could be sold.  Data from Arkham shows 3,940 Bitcoin (BTC) (worth $243.95...Continue Reading

The Federal Law Enforcement Officers Association expressed support for the CLARITY Act but urged changes to the legislation’s language. The Digital Asset Market Clarity Act has secured its second public endorsement from a major US law enforcement organization, coming just weeks before what many see as a make-or-break legislative deadline before the Senate’s August recess....Continue Reading

Bitcoin backed mortgages and stablecoin yield are hot topics in Japan right now, as Hyundai experiments with Avalanche for global stablecoin transfers. Asia Express A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol. Interpol said that Thai authorities arrested two suspects and uncovered a...Continue Reading

Reed Smith’s Aquarius platform automates regulatory filings and legal workflows as demand for MiCA compliance tools grows across Europe. Reed Smith, a global law firm with over 30 offices across North America, Europe and Asia, has launched an automated compliance platform designed to help crypto companies navigate the European Union’s Markets in Crypto-Assets (MiCA) regulation...Continue Reading

As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and trade. Bolivia is evaluating integrating Tether’s USDt into its national payments system, a move that could mark one of Latin America’s most significant stablecoin adoption initiatives as the country grapples with...Continue Reading

Hyundai completed a proof-of-concept using Tether’s USDT to settle a cross-border treasury transfer between its US and Mexican subsidiaries, highlighting growing enterprise interest in stablecoin-based payments. Hyundai Motor’s US and Mexican units completed a pilot cross-border treasury transfer using Tether’s USDT stablecoin, settling a $20,000 payment in about seven minutes on the Avalanche blockchain. According...Continue Reading

With the death of Senator Lindsey Graham and another senator hospitalized, Republicans’ current majority in the chamber has been reduced to 51-47, likely requiring more Democratic support to pass crypto market structure. US President Donald Trump is urging members of the Senate to pass the Digital Asset Market Clarity (CLARITY) Act “in honor of” Senator...Continue Reading

Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran. Bitcoin (BTC) fell further into Monday’s Wall Street open as markets reacted to the US-Iran escalation. Key points: Read moreContinue Reading

Coinbase’s venture capital arm leads 2026 crypto investing even as funding withered and unique investors shied away amid the bear market. Coinbase Ventures, the corporate venture capital (VC) arm of cryptocurrency exchange Coinbase, led the ranks of crypto-focused VC’s with 30 deals in the first half of 2026. Runner-up Animoca Brands completed 19 investments, while...Continue Reading