Florida Rep. Mike Haridopolos has renewed his push for the CLARITY Act as Senate delays narrow the bill’s path to passage before the August recess. Summary Haridopolos warned that continued delays could push US crypto businesses and investment overseas. Senate leaders prioritized 74 federal nominees and a Russia sanctions bill over the CLARITY Act. The
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are developing a shared tokenized deposit network that could bring round-the-clock blockchain payments to the regulated US banking system. Summary Four major US banks are jointly developing an interbank tokenized deposit network. The Clearing House is targeting a launch in the first half of 2027. Multinational
Circle Internet Group announced on July 27, 2026, that it has acquired more than 680 patent families and nearly 1,000 issued blockchain patents worldwide from IBM in a single transaction, making Circle the largest blockchain patent holder in the United States. The portfolio directly underpins Circle’s core products: USDC, the Circle Payments Network (CPN), and
New York Attorney General Letitia James has also warned the bill could reduce states’ ability to pursue crypto fraud cases. Crypto critic Ben McKenzie has urged Congress to block the CLARITY Act due to President Trump’s financial ties to the digital asset industry. McKenzie joined Senate Democrats like Richard Blumenthal and Chris Van Hollen
OpenAI and Anthropic are working together in Washington to shape a federal review system for advanced AI models, despite competing for customers, funding, and technological leadership. Summary OpenAI and Anthropic support up to 30 days of federal access before some frontier model releases. The proposed process would apply across the industry, including rivals such as
The Elon Musk prediction everyone is talking about came when the billionaire told The Economist that money will effectively cease to exist as a concept within a decade, and that claim lands like a wrecking ball at the foundation of Bitcoin’s core investment thesis. Speaking in an interview published in late July 2026, Musk predicted
Large Bitcoin wallets added 19,696 BTC in the past eight days alone. After showing signs of strength earlier Monday, Bitcoin reversed course shortly after. The crypto asset fell by 3% in the last 24 hours and briefly touched the $63,000 mark. Even as the price weakened, larger holders of the crypto asset have continued
AmericanFortress has proposed a post-quantum security scheme designed to protect existing Bitcoin, Ethereum, and Solana wallet addresses without requiring holders to move funds or rotate their keys. Summary ZK-PoSP keeps existing wallet addresses while replacing conventional transaction authorization with zero-knowledge proofs. AmericanFortress says the scheme requires no fund migration, key rotation, or new address format.
In BlackRock Bitcoin news, the asset manager has formally endorsed the CLARITY Act, the most consequential piece of US crypto regulation legislation currently before Congress, and Coinbase Vice Chairman Ryan VanGrack made sure no one missed it. On July 27, VanGrack posted on X that “BlackRock is officially on board,” citing a Politico report carrying
SpaceX shares have erased their post-IPO surge as investors question the company’s valuation, spending plans, and near-term financial outlook. SpaceX stock fell to a record closing low of $113.50 on July 27, extending a very sharp reversal that began shortly after the company saw its debut on June 12. The shares have now lost