Crypto isn’t going away, even if the CLARITY Act stalls.
Bitwise’s Matt Hougan says regulators can still keep momentum going, and the industry has already gone too far to “go back in the bottle.”
https://cointelegraph.com/news/clarity-or-not-crypto-isnt-going-back-in-the-bottle-bitwise
Ethereum researchers have proposed cutting staking rewards as the staking ratio climbs toward 50%, but critics warn it could hurt solo validators and weaken DeFi demand for $ETH.
The draft, EIP-8363, is still early and not approved.
Cloudflare has launched Wallets for AI agents, with stablecoin payments and x402 micropayments coming in a future update.
The goal is to let agents pay for APIs and content with built-in spending controls.
https://cointelegraph.com/news/cloudflare-wallets-ai-agents-stablecoin-payments-plan
BlackRock is bringing tokenized money market funds to Europe through JPMorgan’s Kinexys, with onchain share classes in euro, sterling and dollar funds.
The tokenized shares are aimed at approved institutional users and can move 24/7 between eligible wallets.
https://cointelegraph.com/news/blackrock-jpmorgan-tokenized-money-market-funds-europe
Circle reported Q2 revenue of $701M, just below Wall Street estimates, even as net income and $USDC circulation grew.
The company also raised guidance and is pushing toward its Arc mainnet launch in September.
https://cointelegraph.com/news/circle-q2-revenue-misses-wall-street-estimates
Binance affiliates have sued RedotPay’s founders, alleging the crypto card firm diverted over 470,000 Binance Card users and caused about $472.8 million in losses.
RedotPay denies the claims and says its operations are unaffected.
https://cointelegraph.com/news/binance-redotpay-lawsuit-alleged-473-million-losses
Mastercard and Borderless.xyz have launched a pilot using Crypto Credential to add shared identity and compliance checks to cross-border stablecoin transfers.
Mastercard won’t settle funds in the test, but will act as a verification layer.
https://cointelegraph.com/news/mastercard-borderless-test-identity-checks-stablecoin-transfers
Galaxy Digital posted an $85M Q2 net loss as crypto prices fell, with revenue missing estimates.
The company said its AI data center business is growing and helped offset some weakness.
https://cointelegraph.com/news/galaxy-85m-loss-q2-crypto-market-slump
Senator Lummis says she still expects the Senate to vote on the CLARITY Act before the August recess, but time is running out and the bill still needs 60 votes to beat a filibuster.
If it slips, the fight likely moves into the midterm season.
https://cointelegraph.com/news/senator-lummis-clarity-vote-movement-calendar
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