Hi Team:
President Trump says the Strait of Hormuz blockade will remain in full force until an agreement with Iran is signed.
Is this bullish or bearish?
‼️JUST IN: AUSTRALIA’S RBA DEPLOYS WHOLESALE CBDC DIRECTLY ONTO XRPL AND HEDERA NETWORKS IN PROJECT ACACIA‼️
The Reserve Bank of Australia just ran real money on both the XRPL and Hedera.💸
This is a massive development.🙇♂️
Project Acacia is a hands-on research program run by Australia’s central bank (the RBA) and industry partners.
They issued small amounts of real pilot wholesale central bank digital currency (wCBDC) and used it to settle live trades of tokenised assets such as bonds and other financial instruments on multiple blockchain networks.💰
The goal was to test what actually works when digital central bank money sits alongside private money and tokenised assets in wholesale markets.🌐
In these tests, the XRP Ledger powered complete end-to-end permissioned bond lifecycles with J.P. Morgan custody, including redemption settled in RLUSD.✅
Hedera delivered both its public network and private HashSphere ledger for critical interchange services on tokenised private money.✅
Public ISO 20022-compliant blockchains just passed a central-bank test in Australia’s wholesale markets.🔥
XRP and HBAR are both entering the plumbing of Australia’s wholesale markets.☝️
Straight from the official May 2026 final report.😏💨
Fully documented below.📝👇
⚠️ THE CLARITY ACT MAY STILL FAIL FROM BECOMING A LAW - 7 REASONS WHY
1st: Senate Bill Merger
The Banking Committee text must first merge with a parallel bill from the Senate Agriculture Committee.
Any compromise text will likely face new opposition.
2nd: The 60-Vote Wall
Once reconciled, the bill faces a full Senate floor vote requiring 60 votes to overcome a filibuster.
Republicans hold only 53 seats. This means AT LEAST 7 Senate Democrats must cross over.
3rd: The Ethics Fight
Democrats are demanding a conflict-of-interest provision banning the President and officials from profiting off crypto.
White House opposes this. If unresolved, the 60-vote math collapses.
4th: The Banking Lobby
Banks are still pushing to:
-Kill the DeFi safe harbor
-Tighten stablecoin yield rules further
-Strip developer protections
Banks may appeal to senators OUTSIDE the Banking Committee before the floor vote, opening new pressure points.
5th: House Reconciliation
The House passed its OWN version (H.R. 3633) in July 2025. The Senate version added new language on stablecoin yield, DeFi, insider trading, and bankruptcy.
Both chambers must vote AGAIN on a unified bill.
6th: The August Deadline
The floor vote must happen by August. Miss it, and midterm campaigns take over.
The next window could be 2030 or beyond.
7th: Rulemaking Delay
Even if signed, the law has a 360-day delay. SEC and CFTC must write the rules.
Most compliance deadlines land in 2027-2028.
The hardest part is still ahead.
Hi Team:
Unfortunately...
Senate bipartisan talks on the Clarity Act broke down over last-minute disagreements, with tomorrow's markup now expected to be partisan, Eleanor Terrett reports.