
Latest from Nikhilesh De
Here are the possible outcomes for Clarity right now
The Senate has not yet indicated if it will advance the Digital Asset Market Clarity Act, and with its summer recess looming, here are the possible outcomes.

Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong.

Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
The leading industry PAC, Fairshake, put $2 million into a Detroit Democratic primary but came up short, even as several PAC-backed candidates won elsewhere.

Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.

Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.

Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin.

As Clarity Act teeters, mystery group hammers away at crypto in Washington ads
Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won't say who is backing it.

BNY to add crypto staking to digital asset custody platform
The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors.

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto
The agent, who had "top secret" clearance and worked in FBI headquarters, was accused of taking crypto from wallets the agency had investigated.

Bernstein sees another leg lower for crypto markets if Clarity Act stalls
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.
