RegulationUS Senate Delays Clarity Act Vote to September
The US Senate postponed its first Clarity Act vote to September. XRP dropped 5.5% this week amid a fight over an ethics provision targeting Trump.
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Regulation
MarketsBitcoin, Ethereum, XRP Whales Accumulate as CryptoQuant Flags Late-Stage Bear Market
CryptoQuant says Bitcoin, Ethereum and XRP whales are accumulating as Bitcoin ETFs pull in $626M over three days. What the signals mean for the market.
StablecoinsBinance Sues RedotPay Over $473 Million Dispute
Binance filed a Hong Kong lawsuit against RedotPay, alleging it diverted 470,000 Binance Card users and seeking $472.8 million in damages.
StablecoinsWestern Union Launches Stablecard for Remittances
Western Union's new Stablecard runs on Visa's network, letting remittance recipients hold and spend USDPT stablecoin across 37 markets, expanding to 60+.
StablecoinsCircle Names Arc Validators: BlackRock, Visa, Mastercard
Circle posted $701M in Q2 revenue and named Arc blockchain validators, including BlackRock, Visa, and Mastercard, ahead of the September 16 launch.
InstitutionalBNY Adds Staking to Custody Service With Galaxy
BNY, the world's largest custody bank, is adding staking to its digital asset platform through a partnership with Galaxy Digital.
InstitutionalBlackRock Tokenizes $311B of European Money Market Funds
BlackRock launched tokenized share classes for $311 billion in European money market funds through JPMorgan's blockchain unit Kinexys.
MiningAmerican Bitcoin Grows Reserve to 8,002 BTC in Q2
American Bitcoin grew its reserve to 8,002 BTC after mining a record 932 BTC in Q2, as net loss narrowed to $57.2 million.
StablecoinsMastercard Closes $1.8B Acquisition of BVNK
Mastercard completed its $1.8 billion acquisition of BVNK to build stablecoin payment and settlement infrastructure for banks and businesses.