Daily Commentary

Automated daily notes on crypto infrastructure and policy developments.

• U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
• Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
• Yellow Card raises $40 million to link banks to stablecoin processing
• Samsung is poised to become a dominant stablecoin distributor, analysts say
• Bernstein sees another leg lower for crypto markets if Clarity Act stalls
• Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
• SEC to review Nasdaq bitcoin options approval after CME challenge
• Bank of Italy finds no consistent cost advantage for stablecoin remittances
• Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
• Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
• The GENIUS Act turns 1: State of Crypto
• Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments
• Japan's SBI Group is building Asia's first cross-border digital asset empire
• Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on
• Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
• Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
• U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
• Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials
• Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
• Senate Democrats call for hearings into Trump’s ties to crypto amid CLARITY Act discussions
• Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
• With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned
• Wyden urges Senate leaders to keep dev protections in crypto bill
• U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
• Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
• Stablecoin transaction volume hits record $1.79T in June
• Europe led on crypto regulation. Now implementation must match ambition
• This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
• EToro invests in onchain derivatives platform Extended as brokers race into DeFi
• French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
• SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
• JPMorgan urges strong safeguards as congress weighs crypto market structure rules
• Galaxy cuts CLARITY Act odds to 50% as Senate floor time narrows
• Here’s what happened in crypto today
• Anti-trafficking group says Clarity Act's Section 604 could weaken accountability