Trump Media Update:
The company reported a $238M Q2 loss, including $190.4M in unrealized losses on digital assets and securities.
It plans a more disciplined crypto treasury strategy, while still holding around 14,139 BTC and refocusing resources on Truth Social and its media business.
https://cointelegraph.com/news/trump-media-crypto-treasury-strategy-after-238m-loss
CLARITY Act Update:
The White House says it will keep negotiating with Democrats and push the crypto market structure bill across the finish line in September.
A key Senate procedural vote is expected on September 15, but ethics rules and stablecoin rewards remain unresolved.
https://cointelegraph.com/news/white-house-clarity-across-finish-line-september
Crypto Regulation Update:
Russia’s central bank has proposed allowing Bitcoin, Ether and USDT to trade on regulated exchanges.
Retail investors would face a 300,000 ruble annual limit per intermediary and mandatory risk testing, while public comments remain open until August 24.
https://cointelegraph.com/news/bank-of-russia-trading-bitcoin-ether-tether-usdt
Solana Adoption:
MoneyGram has launched its Ramps service on Solana, enabling cash to crypto and crypto to cash conversions through a single API.
The service supports deposits in 25+ countries and withdrawals in 170+ countries, with Rift as the first integrated Solana wallet.
https://cointelegraph.com/news/moneygram-expands-crypto-cash-ramps-to-solana
U.S. Crypto Regulation:
The SEC will hold an open meeting on August 14 to consider proposing a tailored framework for certain crypto investment contracts, as the CLARITY Act remains stalled in Congress.
The move would begin a public comment process, not create final rules immediately
https://cointelegraph.com/news/sec-crypto-regulations-absence-clarity-act
Crypto News Flash: Bitcoin Fork Fails as Quantum Threat Looms, RWA, LINK Targets $200 & TRON Hits $87.9B USDT
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