Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Schumer introduced the Anti-Corruption Bureau Creation Act citing Trump's $1.4 billion crypto earnings, as the CLARITY Act stalls before Senate recess.
Senate Majority Leader John Thune said the Clarity Act won't pass before September. The bill's three-tier token framework draws industry criticism.
A new OSC survey finds 25% of Canadian adults own crypto, up from 10% in 2023, but half skip registration checks. Coinbase expansion and an ATM ban test the regulatory balance.
Treasury Secretary Scott Bessent pushes Senate to vote on CLARITY Act NOW before August recess, warning delays cede crypto lead. Law enforcement backs bill but two sections stall bipartisan deal.
Visa's Stablecoin Platform backs Open USD with 140+ partners. Custom tokens fragment liquidity into thin pools, and TVL alone misses the real depth problem.
The IRS warned on July 30 that scammers are mailing fake letters with QR codes to steal crypto. Coinbase flagged the same threat on July 28.
Samsung SDS builds stablecoin infrastructure with Dunamu before Korean law, after $408 million stake. Bank of Korea wants bank-led consortia. Fintech groups resist.
Treasury Secretary Bessent pushes Senate to vote on the CLARITY Act before recess, challenging Democrats on crypto policy. Passage odds sit at 30% on Polymarket.
Coinbase posted $1.29B in Q2 revenue, down 8.5% from Q1, while Strategy reported $122.9M. Both matched consensus. Trading volumes will determine the next quarter's trajectory.
BitMEX closed 35 derivatives as part of its wind-down. Users face an account fee after closure equal to the greater of $50 or 1% per year.
Circle buys 1,000 IBM blockchain patents. BNY builds on-chain fund records. Europe launches RL1. Three models for how blockchain becomes financial infrastructure.
SEC staff and DTCC moves push issuer-backed tokenized securities ahead of synthetic wrappers. Collateral eligibility and redemption rights hinge on direct claim to underlying.
SOON dropped 15% in 24 hours as $58 million left perpetuals. On Binance, top traders are accumulating longs, funding rate stays positive, setting up a potential squeeze.
a16z Bio + Health anchors the IPO of Braveheart Bio, a heart-drug startup founded eight months ago, seeking a $1.2B valuation with no approved drugs yet.
BIS Project Agorá settles cross-border payments in 80 seconds using tokenized central bank reserves; JPMorgan, Citi, UBS among 28 banks. The pilot signals a shift toward shared-ledger settlement that could reshape stablecoin competition.
Upbit's KRW-USDT volume hit 200 billion won on July 29, a 600% surge from July 25, as South Korea's Kospi fell 18%. The question is whether this is a defensive rotation or a one-week anomaly.
Treasury Secretary Bessent calls for Senate CLARITY vote before recess, defends BRCA provision against law enforcement criticism as odds slip to 27%.
Safe's Q2 report shows 130M transactions and $27B in assets. A $270k exploit on Arbitrum highlights the security challenges of smart accounts.
The Major Cities Chiefs Association endorsed the latest CLARITY Act draft, citing improved financial crime provisions. The bill faces a tight timeline before the August recess.
Total DeFi TVL fell 38% and six major L1s lost $246.5B in H1 2026, Binance Research said. Prediction markets defied the contraction, rising 86% to $51.6B.
SEC Chairman Paul Atkins aims to reverse the decline in US public listings by easing disclosure and embracing blockchain tokenization. Superstate already issues on-chain shares.
FTX begins $900M fifth distribution on July 31. Creditors who missed provider onboarding by June 16 have six months to complete it or forfeit their claim.
BlockShoals Technologies operates Binance under the SEC's StratBox sandbox. Local fiat channels are pending; the app hasn't returned to stores.
JPMorgan, BofA, Wells Fargo explore shared blockchain for tokenized deposits, aiming for real-time interbank settlement. $4 trillion Kinexys volume shows feasibility.
RedStone's report on the Warsh shock found XAUT and PAXG tracked spot declines without depegging or cascade failures. DeFi lending growth hit 123% in Q1, but only 6.4% of the $3B market cap is deployed.
The Major Cities Chiefs Association endorsed the bill. Polymarket odds sit at 30%. Stablecoin rules and an ethics clause for lawmakers remain unresolved before the recess.
RedStone report finds tokenized gold held up during gold's 10% sell-off. Only 1.5% of XAUT and PAXG is used as collateral on Aave and Morpho.
JPMorgan analysts put CLARITY Act passage odds at 37% as Senate recess looms. The bank warns further delays give traditional finance a head start over public crypto networks.
South Korea's crypto tax starts Jan 1, 2027, Finance Minister Koo Yun-cheol confirmed. Gains above 2.5M won face 20% tax. Loss carryforward not included.
Samsung SDS CEO says Dunamu collaboration covers stablecoin infrastructure and AI payments, as cloud revenue jumps 75% and AI capacity targets 800MW by 2031.