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Crypto Clarity Bill Has 30% Chance of Passing This Year, Wintermute’s Hammond Says

Ron Hammond, head of policy at crypto market maker Wintermute, takes a cautious view of the Clarity Act, estimating its chances of passage this year at around 30%, even as momentum builds in Washington. “There are a lot of moving parts,” Hammond said, pointing to a legislative process that is moving forward, but unevenly. The

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The Bitcoin (BTC) market is split in two. This is who buys and sells during the war

Six weeks of war have divided bitcoin BTC$72,934.57 marched into two camps. Institutional buyers who continue to accumulate regardless of conditions, and everyone else who leaves. The result is a market that appears stable on the surface, with Bitcoin holding in a range of $65,000 to $73,000 through five weeks of strife, $600 million liquidation

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Bhutan sold 70% of its bitcoins in 18 months. This may have also stopped BTC mining.

Bhutan is quietly rolling out one of the most unusual Bitcoin experiments a government has ever conducted. The Royal Government of Bhutan transferred around 319.7 BTC worth $22.68 million to two addresses on Thursday, according to data from Arkham Intelligence. Around 250 BTC was paid to a wallet previously used to route funds for sale

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Federal judge blocks Arizona from bringing criminal charges against Kalshi

A federal judge has blocked the state of Arizona from bringing criminal charges against prediction market provider Kalshi, at least temporarily, in response to a request from the Commodity Futures Trading Commission. District Judge Michael Liburdi of the District of Arizona ruled Friday that Arizona cannot proceed with an arraignment on Kalshi as scheduled on

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The magic word for digital asset adoption and success: choice

Digital assets have moved beyond the hype cycle. What started as an experiment in decentralized value transfer has evolved into a serious conversation about how capital markets, custody, settlement and ownership of assets could be reimagined for the digital age. Tokenization, programmable currency and distributed ledgers can enable faster settlement, greater transparency and new efficiencies

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CZ and Xu Star relive decade-old X feud with accusations and billion-dollar bet

A long-running dispute between OKX founder Star Xu and Binance founder Changpeng “CZ” Zhao resurfaced on Thursday, with Xu calling CZ a “habitual liar” in a series of posts on X that revisited allegations dating back more than a decade. The clash dates back to Zhao’s brief tenure at OKCoin, founded by Xu, when he

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Japan decides to classify cryptocurrencies as a financial product

Japan’s cabinet has approved a draft amendment that would classify cryptocurrencies as financial products, marking a shift in how the country regulates the sector. The proposal subjects crypto assets to the Financial Instruments and Exchange Act, a framework used for stocks and other securities, Nikkei reported. If passed during the current legislative session, the law

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Binance offers temporary relocation to 1,000 UAE employees due to war, but many have chosen to stay

Binance has offered its staff in the United Arab Emirates the opportunity to temporarily relocate to Hong Kong, Tokyo, Kuala Lumpur and Bangkok amid regional tensions, the company told CoinDesk on Friday. “Given recent regional tensions, we have offered employees the opportunity to temporarily relocate as an employee-first precautionary measure to provide flexibility and support

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Trump-backed WLFI token drops 12% to record low after team defends multi-million loan position

World Liberty Financial’s WLFI token has fallen about 12% in the past 24 hours after the Trump-linked crypto firm posted a thread on X defending its lending position on Dolomite, the DeFi protocol whose co-founder advises WLFI. The thread came in response to CoinDesk’s report that WLFI had deposited its own governance token as collateral,

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