๐บ๐ธ Coinbase CEO Brian Armstrong stood with Trump and said the U.S. is already the crypto capital of the world.
The shift is real; from an enforcement blitz to wins like the GENIUS Act, a Bitcoin reserve, dropped lawsuits, and regulators engaging with the industry.
Capital, banks, and market activity are following.
But the biggest clarity bill is still stuck in the Senate, and other countries arenโt waiting.
Writer: Lucas
Strategy sold 1,638 bitcoin for approximately $105 million last week while expanding its USD cash reserve to $4 billion and continuing its multi-week pause on further BTC purchases.
Tetherโs USDT market capitalization has contracted by roughly $4 billion over the past 60 days, one of the sharpest liquidity drawdowns on record and a clear signal of capital exiting crypto markets.
Bitcoin remains flat near $64,000 even as the S&P 500 and global equities print fresh all-time highs on AI optimism and progress toward a Strait of Hormuz deal that has pushed oil prices lower.
BREAKING: Swiss crypto bank AMINA is working with Cantor to explore a potential public listing.
AMINA, the first bank to offer $SUI custody and trading, says its immediate focus is raising strategic growth capital, with an IPO a possible next step.
UPDATE: A new CLARITY Act draft has been released, merging the Senate Banking and Agriculture Committee versions and adding an ethics provision for the first time.
A motion to proceed is expected Monday or Tuesday, with a possible floor vote the week of August 3.
๐บ๐ธ FRENCH HILL: US HOUSE WILL HOLD CLARITY ACT FIELD HEARING IN NEW YORK ON JULY 17
The House Financial Services chair says the hearing will advance digital asset market structure legislation.
Hill wants to combine the CLARITY Act with the GENIUS Act, per Fox Business.