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Regulation
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Government Defeated as Lords Back UK Digital Assets Strategy
The UK House of Lords backed an amendment requiring the Treasury to create a national strategy for digital assets.
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Thailand’s stablecoin proposal would block transfers to other people’s wallets
Thailand's SEC has proposed a same-owner requirement for stablecoin transfers through licensed crypto firms, prohibiting deposits and withdrawals involving other people's wallets.
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Coinbase CEO Brian Armstrong Says Clarity Act Will Pass — And That Bitcoin Bottom Is In
Coinbase CEO Brian Armstrong stated that the bitcoin bottom is in and reiterated a $400,000 price target by 2030, according to Bitcoin Magazine.
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Updated Crypto Clarity Act Starts Circulating Days Before Key Vote
Senate Republicans have circulated a new draft of the Clarity Act ahead of a scheduled September 15 Senate vote.
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Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter
Block applies for a U.S. banking charter to establish Builders Bank, providing federally regulated bitcoin custody.
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US Treasury Secretary Scott Bessent Strongly Urges Senate To Pass Clarity Act
Bitcoin Magazine reports that US Treasury Secretary Scott Bessent urged the Senate to pass the crypto Clarity Act when lawmakers return from recess.
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Lummis Blasts Democrats Ahead of Clarity Act Vote — But Adds Bill Can Get Passed
Senator Cynthia Lummis stated that the Clarity Act can still pass with further Democratic compromise, following criticisms over the upcoming vote.
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IMF Confirms El Salvador’s Bitcoin Growth Was Funded by Private Donations
According to BlockchainReporter, the IMF confirmed El Salvador's additional Bitcoin holdings came from private donations, not public funds.
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SEC Approves Nasdaq Texas Rule Adding Digital Commodity Definition to Crypto ETPs
The U.S. SEC approved a Nasdaq Texas rule change adding a digital commodity definition and allowing actively managed crypto ETPs.
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Binance Signs Kazakhstan Memorandums to Explore Stablecoin and Digital Payments
BlockchainReporter reports Binance signed two memorandums with Kazakhstan to explore a stablecoin, digital payments, and infrastructure.
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