Crypto Daily Brief: Crypto.com Funding, Bybit Expansion, ETF Inflows Drive Market
Institutional investment and infrastructure expansion drove the crypto sector on July 16, with Crypto.com securing its first institutional funding round and MoonPay strengthening its payments stack through an acquisition. Bybit…
Democrats Oppose CLARITY Act as Senate GOP Prepares Draft
Key Highlights Senate Republicans plan to release the CLARITY Act text following a meeting with President Donald Trump. Senate Democrats oppose the current draft, citing weak ethics provisions and insufficient…
Ex-CFTC Commissioner Says CLARITY Act Could Prevent Another FTX
Key Highlights Former CFTC Commissioner Summer Mersinger said the CLARITY Act could address gaps exposed by the FTX collapse. The bill would set clearer rules for crypto platforms, including customer…
U.S SEC Moves to Make Digital Investor Notices the New Default
Key Highlights SEC proposes Regulation E-Delivery to make digital delivery the default for investor disclosures. Investors can still request paper documents under the proposed rule. SEC is also preparing broader…
Bonzo to Restore Pre-Exploit Positions with Hedera Backing
Key Highlights Bonzo Finance will restore all user positions affected by the July 11 oracle exploit using funding backed by the Hedera Foundation. Eligible users will receive advances matching the…
Senators to Brief Trump on CLARITY Act Path – Here’s What to Expect
Key Highlights Senators will update President Trump on the entire CLARITY Act and its “path to success.” Lawmakers are still divided over whether unresolved ethics language should delay the revised…
BlackRock CEO Predicts Strong Markets, Says Bitcoin Is More Stable
Key Highlights BlackRock CEO Larry Fink said Bitcoin and the broader crypto market are now more stable after excessive leverage was eliminated. Fink remains bullish on financial markets over the…
a16z Says Wall Street Wants Blockchain, Not DeFi
Key Highlights a16z crypto argues Wall Street is embracing blockchain technology rather than DeFi. The firm says institutions prioritize cost savings, compliance, and operational control over decentralization. It points to…
Fed Chair Warsh Calls for Regulator Coordination on GENIUS Act
Key Highlights Fed Chair Kevin Warsh called for closer collaboration among U.S. banking regulators on implementing the GENIUS Act. Warsh reaffirmed that Federal Reserve independence should remain focused on monetary…
Base’s Jesse Pollak Admits Creator Coin Strategy Failed, Signals AI Pivot
Key Highlights Base creator Jesse Pollak admitted the network’s heavy focus on social and creator coins was a mistake. He said Base is now prioritizing trading, payments, and AI agents…