Senate won't vote on crypto Clarity Act before its summer break

The U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.
Coins in this story
Discussion
Related stories

XRP leads majors losses as Clarity Act vote slips to September
Bitcoin, ether showed slight losses while Ripple-linked XRP fell 5.5% on the week, the worst of the majors, as the Senate left Washington without taking up the market structure bill.

BlackRock’s crypto ETFs shed $3.5 billion as last year’s creation boom turns into redemptions
IBIT and ETHA moved from a $13.91 billion Q2 increase to a $3.53 billion decrease, while three positive August sessions remain inconclusive. The post BlackRock’s crypto ETFs shed $3.5 billion as last year’s creation boom turns into redemptions appeared first on CryptoSlate.

AVAX One holds $88 million in Avalanche tokens, but its lender only wants cash or Bitcoin
The waiver required a $1.3 million payment, increased the remaining note and left $5.437 million under lender control. The post AVAX One holds $88 million in Avalanche tokens, but its lender only wants cash or Bitcoin appeared first on CryptoSlate.