by Michael
Key TakeawaysX Money exited its Premium+-only beta on July 27, launching nationwide for all Premium subscribers.New users get up to $10 million in FDIC-linked coverage through Cross River Bank’s sweep program.Sen. Elizabeth Warren’s oversight warnings persist as X... 
by Michael
Key TakeawaysSen. Jon Husted (R-OH) publicly endorsed the CLARITY Act in a post on X on July 28.Galaxy Research cut the CLARITY Act’s 2026 passage odds to 30%, down from a prior 50% estimate.The Senate has about two weeks before its August recess to pass the 616-page... 
by Michael
Key TakeawaysKenya’s Treasury cut capital needs for stablecoin issuers by 40% to $2.32 million.Lower barriers will ease entry into Kenya’s market, which Bybit ranked 5th globally in crypto adoption.Going forward, the Central Bank of Kenya will enforce 1-to-1 reserve... 
by Michael
Key TakeawaysBIND and Petersen Groups are developing peso-pegged stablecoins to offer programmable money to institutions.Subsidiaries lead the projects to bypass a 2022 central bank ban on private banks offering crypto services.These digital pesos aim to streamline... 
by Michael
Key TakeawaysAn IMF report revealed Brazil’s crypto flows outpace traditional capital, driving calls for strict oversight.The IMF warned Brazil lacks asset segregation and Travel Rule enforcement, leaving crypto users at risk.Tight links between crypto and traditional... Translate »
