The ECB invites e-commerce merchants to participate in a digital euro pilot program that is scheduled to begin in the second half of 2027, with the first issuance potentially occurring in 2029.
In the U.S. House of Representatives’ vote on the “Encryption Clarity Act,” zero Democratic members voted in favor, and four Republican members voted against.
Grayscale launches a digital asset model investment portfolio for financial advisors, featuring four strategies and covering assets such as BTC, ETH, SOL, and Chainlink.
Bitcoin falls below $75,000 for the first time since August. In the past 20 minutes, more than $300 million in crypto long positions have been liquidated. The U.S. Senate failed to advance the CLARITY Act.
US Senate Democrats propose a counterproposal to the CLARITY Act, intending to expand the scope of the ethical rules to cover officials' minor children, and to require those holding large amounts of corporate crypto assets to divest related holdings.
After Ethereum and Base’s shared standards negotiations broke down, each is moving forward with its own account abstraction proposals; wallet developers may need to support two sets of standards simultaneously.
The average interest rate on 30-year U.S. mortgage loans rose today to 7.22%, the highest since May 2024. Since the Feb. 23 low point, it has increased by more than 100 basis points. On a $500,000 mortgage, the monthly payment has risen in 7 months from about $3,000 to about $3,400—an increase of $400 per month, or $4,800 per year.
TD Cowen believes the probability that the Clarity Act fails to pass by today's vote is 60%. Even if it receives 60 votes, the Democrats can delay the debate through a moral amendment, forcing the Senate to push the bill back to after the midterm elections.
Swiss Bitcoin Pay’s system is suspected to have suffered unauthorized access, so it temporarily shut down its servers, saying it is to protect users’ funds. All outstanding payments will be fully refunded.
Republicans say they have made 126 amendments to the CLARITY Act in line with Democrats’ demands, while Democrats are still continuing to adjust their position.
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