by Michael
Key TakeawaysTD Cowen puts the CLARITY Act’s odds of enactment at just 25%.Ethics and anti-money laundering disputes could derail Senate action.Three failure scenarios could stop the bill without final passage. Why TD Cowen Sees the Bill Failing This Fall The crypto... 
by Michael
Key TakeawaysCEO Phong Le said the company’s USD reserve and duration reached all-time highs after growing more than 5X in 2.5 months.The reserve climbed to $4.65 billion from $871 million in late May, extending liquidity available for preferred dividends and debt... 
by Michael
Key TakeawaysThe Sept. 15 vote is the first floor test for the CLARITY Act.Supporters need 60 votes to clear cloture on the motion to proceed.Debate, amendments, and a second cloture vote can follow before final passage. What Exactly Is the Senate Voting on Sept. 15?... 
by Michael
Key TakeawaysCommunity banks lobbied the GOP against the CLARITY Act, fearing stablecoin rewards will drain deposits.Senators Hawley and Moran now oppose the bill unless amended, fracturing crucial Republican support.Coupled with unresolved ethics disputes, CLARITY’s... 
by Michael
Key TakeawaysThe KSA cleared TOTO, Kansino, Fair Play, Holland Casino, and Bingoal through 2031.Betcity, bet365, and GGPoker have not announced renewals before the Sept. 30 expiry.The KSA says 53% of Dutch online gambling spend goes to unlicensed platforms. Five... Translate »
