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The dollar fell 0.6% after Treasury Secretary Scott Bessent doubled the size of a bond buyback program, a move markets read as a signal the administration will fight rising long-end yields.

Crypto PACs won four of five primaries on Tuesday despite a $2M Florida defeat. The CLARITY Act faces a Senate vote in September.

Bloomberg: OKX restricted Claude for Hong Kong staff after a temporary account suspension. The exchange spends $6M-$8M monthly on LLMs; Goldman faced similar.

Journey Medical Q2 revenue hit $14.2M as Emrosi sales rose to $5.1M. Net loss narrowed to $0.8M. The company remains on track for profitability by end-2025.

Schwab will require at least $5 million in assets for client referrals to its Advisor Network, more than doubling the current minimum. Consultants say RIAs should consider alternative custodians.

Swift's first live transaction on a 24/7 blockchain ledger puts tokenized deposits against stablecoins as 17 banks prepare to scale the pilot.

Over 148,000 traders liquidated as BTC surged 5-6%, with shorts accounting for 90% of total liquidations. Elevated open interest above $127 billion suggests more volatility ahead.

Italy's CONSOB submitted 165 of 167 entries in ESMA's MiCA warning register. Germany's BaFin contributed zero. Two-thirds of stored web addresses no longer respond.

Bally's warns of 'substantial doubt' about its future; shares fell 36% in five days. The casino operator is pursuing asset sales and other financing.

A coalition of 50 chambers of commerce is preparing antitrust and tort claims over Mayor Mamdani's $70M plan for five city-owned supermarkets offering 30% discounts; lawsuit could come this week.

Minutes from the Fed's July meeting show a majority of officials believe higher rates may be needed if inflation does not cool. The 10-year yield touched 4.7% as markets price in a potential December hike.

FinTech partnerships with credit unions rose to 48% as FDIC proposes reusable certification to cut duplicate due diligence. Community banks would benefit most.