Dimon: JPMorgan Chase to Fight Stablecoin Yield Rules

The post Law Enforcement Warns of Crypto Fraud Loopholes in CLARITY Act appeared on BitcoinEthereumNews.com. Expert groups have called out critical gaps in the CLARITY Act ahead of the Senate decision.  John Breyault warned the CLARITY Act could enable more crypto fraud and money laundering.  Industry supporters say the CLARITY Act provides clearer rules for crypto firms and law enforcement. Law enforcement and financial experts have warned of potential gaps in safeguards identified in the CLARITY Act, which is potentially scheduled for a vote in the US Senate this July. They believe such gaps could create loopholes that criminals could capitalize upon to proliferate financial crimes. The CLARITY Act seeks to bring cryptocurrency under a single legal framework in the US. The bill’s sponsors believe it will end years of the industry operating in gray areas, filling a regulatory vacuum, and providing law enforcement with new tools to address crime. While CLARITY Act defenders consider it

The post Circle faces July 18 GENIUS Act test as CRCL stock risks fresh slide appeared on BitcoinEthereumNews.com. Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. Summary U.S. regulators must publish GENIUS Act implementation rules by July 18, putting Circle and stablecoin issuers in focus. CRCL stock remains under bearish pressure, with charts showing key support near $61.70 and downside risk toward $49. Coinbase shares have also weakened below $160 as investors await regulatory clarity and monitor key technical levels. According to the GENIUS Act signed by President Donald Trump on July 18, 2025, federal agencies were given one year to prepare the regulatory framework governing stablecoin issuance, licensing, reserve management, and supervision. That transition period expires on July 18, 2026, leaving the Federa

Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. According to the GENIUS Act…

The post Clarity Act Crypto Regulation Nears Senate Vote Deadline appeared on BitcoinEthereumNews.com. The Clarity Act crypto regulation push is entering a now-or-never moment. Congress blew past its July 4 target, and with the August 7 recess fast approaching, the window for passing the most significant piece of US digital asset legislation in years is narrowing fast. CFTC Chairman Michael Selig isn’t backing down, though. “We’re so close. We have to get this done,” he told Fox Business host Maria Bartiromo, days after the self-imposed holiday deadline came and went without a Senate floor vote. Key takeaways CFTC Chair Michael Selig says the Clarity Act is “so close” despite Congress missing its July 4 target deadline. The Clarity Act would split digital asset oversight between the CFTC and the SEC — a structural change the industry has sought for years. The Senate Banking Committee advanced the bill 15-9, with two Democrats crossing the aisle, but no full Senate floor vote has been s

The Clarity Act's progress could streamline crypto regulation, reducing uncertainty and potentially boosting market confidence and innovation. The post CFTC Chair: Clarity Act nearing finalization, Senate consideration next appeared first on Crypto Briefing.

The post Robinhood Chain Metrics Surge as the Network Leans Into Memecoins appeared on BitcoinEthereumNews.com. Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain ‘great for memes.’ The biggest jump in value locked, though, came from an Ethena stablecoin deposit. Robinhood Chain’s onchain activity surged this week as a memecoin frenzy, a Pump.fun integration and a defecting Solana app converged on the barely week-old network — even as its largest single inflow traced to a stablecoin deposit rather than the meme trade. Cumulative addresses on the Arbitrum-based Layer 2 climbed toward 200,000 and protocol total value locked reached roughly $234 million, according to a network overview dashboard published by Entropy Advisors on Dune. The chain went live to the public on July 1, meaning nearly all of that growth was compressed into the past week, with activity accele

Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain 'great for memes.' The biggest jump in value locked, though, came from an Ethena stablecoin deposit.

The post Kazakhstan’s president signs decree to pull crypto trade into the country appeared on BitcoinEthereumNews.com. Kazakhstan President Kassym-Jomart Tokayev has today signed a decree that will ease stablecoin cross-border payments and offer income-tax relief to retail traders. The decree will also let miners burn unneeded gas for power, aimed at drawing crypto business into the country.  The order was drafted via an alliance between the Ministry of Artificial Intelligence and Digital Development (MAIDD), the National Bank of Kazakhstan and the Astana International Financial Centre. The decree is seen as the legal precursor for a regulated digital asset market, which Kazakhstan hopes will pull outside capital and give crypto firms much clearer rules for operation. Stablecoins for imports and exports A core interest for the newly signed decree in the country revolves around building mechanisms to use digital assets and stablecoins in cross-border settlements. Officials say this cou