Crypto Breaking

FlightAware, the aviation data company behind real-time flight tracking and status updates, has sued Kalshi in New York federal court over Kalshi’s use of FlightAware’s “data and name” to power prediction market contracts tied to flight cancellations. The complaint, filed in the US District Court for the Southern District of New York on Monday, accuses Kalshi of continuing to list event contracts using FlightAware’s registered trademark and purportedly “verified” flight-cancellation information despite repeated demands to stop.
The lawsuit adds a reputational and safety dimension to the broader legal battle already surrounding prediction markets in the US. FlightAware argues that wagering tied to flight disruptions could create incentives for manipulation and even interfere with air travel, while also positioning FlightAware as being involved in alleged “illicit” activity through unauthorized branding and data use.
Key takeaways
FlightAware sued Kalshi in New York federal court, alleging continued use of FlightAware’s trademark and flight-cancellation data in prediction market contracts.
The complaint frames flight events as safety-relevant, arguing wagers could incentivize participants to interfere with cancellations or pressure aviation workers to cut corners.
Regulatory pressure on prediction markets is escalating, with states and federal regulators already contesting whether event contracts function as illegal gambling.
FlightAware says customers may assume involvement due to the way Kalshi presents “verified by FlightAware” information and FlightAware branding.
Trademark and data-use claims put FlightAware at the center
According to the Monday filing in the Southern District of New York, FlightAware contends that Kalshi kept publishing event contracts related to flight cancellations even after FlightAware demanded Kalshi stop using its registered trademark. FlightAware also claims Kalshi continued to advertise those markets as being “verified by FlightAware’s data,” effectively tying FlightAware’s brand and information to the trading activity.
FlightAware’s lawsuit asserts multiple legal theories, including trademark infringement, breach of contract, harm to its reputation, and unfair competition. The company characterizes the expansion of Kalshi’s trading into commercial flight operations—reported as starting in July—as amplifying the reputational stakes of unauthorized association.
“[T]here was widespread outrage and concern that the markets would incentivize unsafe tactics to impact cancellations, threatening public safety and creating the potential for massive disruption of air travel. Airlines condemned the markets,” said the lawsuit. “And due to Kalshi’s unauthorized use of FlightAware’s data and mark, customers immediately assumed that FlightAware was involved in the scheme.”
The complaint describes FlightAware’s requested remedy as preventing “harm to public safety” before any alleged damage grows—an argument that goes beyond branding disputes and into how flight-event markets might influence behavior.
Why flight-cancellation markets are central to the safety argument
While the lawsuit is anchored in trademark infringement and related business claims, it also makes a broader case that some prediction market structures can distort incentives—especially when participants may have information before it becomes public.
FlightAware’s filing points to concerns about manipulation in event contracts generally—particularly cases where traders might know more than the public until an event is formally disclosed. The filing references public reporting that has highlighted unusual betting activity in other contexts, including claims tied to political speech wording and allegations involving alleged nonpublic information.
On flight disruptions specifically, FlightAware argues Kalshi’s model risks creating incentives to affect outcomes that are operationally complex and safety-sensitive. In its complaint, FlightAware contends that:
“A market that allows the public to wager on whether flights will be delayed or cancelled creates an incentive for participants to interfere with air travel—including by causing or contributing to flight cancellations—to profit from their wagers.“
“Worse, wagers on flights being timely may incentivize airline, airport, or other aviation workers to cut corners to keep a flight on time.“
The practical implication for investors and users of prediction markets is that the debate is not only about legality; it’s also about whether these markets create behavioral pressures that regulators and consumers should treat differently from, say, entertainment-focused or purely informational forecasts.
Prediction markets face a wider legal showdown in the US
FlightAware’s suit arrives amid intensifying legal scrutiny of prediction markets such as Kalshi and Polymarket. The company’s complaint is described as another step in a pattern of court challenges where gaming authorities have asked judges to halt or block event contracts for residents in their states.
Earlier coverage cited in the source notes that Michigan has sought to block Kalshi’s sports betting contracts. More broadly, the continuing legal conflict is expected to develop into a standoff between federal regulators and state officials over whether certain prediction markets amount to illegal gambling under state law, with attention often focused on sports-betting-adjacent products.
Within that landscape, FlightAware’s complaint is notable for targeting the infrastructure behind a specific market type: the data feeds and branding used to connect aviation status information to tradable events. Even if a court ultimately decides the “wager” question in a different frame, the trademark and reputational claims could still materially affect how prediction markets partner with, or reference, data providers.
Market dominance and scale add pressure
The source also points to a report from Predicted’s “State of Prediction Markets – Q2 2026,” which says Kalshi and Polymarket combined controlled more than 90% of all prediction market volume, and together had more than $90 billion in second-quarter notional volume. While this figure is not part of FlightAware’s lawsuit, it helps explain why disputes involving major platforms and data sources attract immediate attention: the potential impact of any court outcome is amplified by the scale at which these venues operate.
At the same time, scale can cut both ways. For data providers and industry stakeholders, widely used prediction products increase the cost of getting the compliance picture wrong—especially when branding and “verified” claims link a company’s name to markets that may be perceived as encouraging unsafe interference or manipulation.
Cointelegraph reported that it reached out to Kalshi for comment on the lawsuit but did not receive an immediate response.
Readers should watch how courts address both strands of this conflict—whether event contracts are treated as wagers under relevant laws, and whether unauthorized trademark and data-use claims can force changes to how prediction platforms source and present verified information. The next developments in the case could determine how far prediction markets can go in partnering with real-world data providers without triggering safety and compliance concerns.
This article was originally published as FlightAware Sues Kalshi Over Use of Flight Cancellation Data on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

eToro has outlined a new step in its push to broaden beyond crypto by announcing plans to acquire US online brokerage TradeZero. The deal is positioned as part of the company’s expansion strategy in the United States, with closing expected in the first half of 2026.
In parallel with the acquisition announcement, eToro’s second-quarter update showed crypto trading and revenues under pressure. The company reported $1.59 billion in total revenue for the quarter, with crypto assets contributing $1.34 billion—down roughly 30% from $1.9 billion in the prior-year comparable quarter. While crypto revenue fell, eToro also reported $1.35 billion in crypto-related cost of revenue and $19.7 million in net income from crypto assets, alongside $53.4 million in total net income.
Key takeaways
eToro plans to acquire TradeZero to accelerate its US expansion, targeting closing in the first half of 2026.
In Q2, crypto remained the largest revenue stream for eToro at $1.34 billion, but it fell about 30% year over year.
Crypto net income was positive at $19.7 million for the quarter, even as overall crypto trades and invested amounts declined sharply in July.
The company reported strong cross-asset engagement: many users who traded commodities later traded equities and then crypto on eToro.
TradeZero reportedly generated about $80 million in revenue over the last 12 months ended June 30, 2026, with 81% gross margins.
Why eToro wants TradeZero in its US strategy
The acquisition of TradeZero is framed by eToro as a practical move to become a broader multi-asset platform in the United States. The focus on US brokerage capabilities comes as the firm works to deepen trading relationships across asset classes, rather than relying solely on digital-asset activity.
eToro also previously signaled similar intent in crypto infrastructure: in April, it announced plans to acquire self-custodial wallet provider Zengo. Taken together, the company’s approach appears to combine more traditional brokerage reach (through TradeZero) with continuing investment in crypto custody and user access (through Zengo).
Crypto performance remains the swing factor
Despite the company’s ongoing multi-asset push, crypto continues to dominate the revenue mix. In its second-quarter report, eToro said total revenue came in at $1.59 billion, down from $2 billion in the comparable 2025 period. Of that amount, $1.34 billion was revenue from crypto assets, which the company said was about 30% lower than $1.9 billion in Q2 2025.
eToro reported $1.35 billion in crypto-related cost of revenue and $19.7 million in net income from crypto assets. Total net income for the quarter was $53.4 million, indicating that losses or reductions in crypto activity did not fully translate into an overall earnings collapse—though the numbers highlight how sensitive the business remains to the direction of crypto volumes and fees.
The broader trading picture also weakened after the quarter. According to eToro’s disclosures, total cryptocurrency trades on the platform fell to 1.4 million in July, representing a 73% year-on-year decline. The invested amount was down 50% over the same period, reinforcing that reduced trading activity has been affecting both the number of transactions and the size of positions.
Cross-asset engagement and the commodities-to-crypto funnel
Alongside crypto-specific declines, eToro highlighted user behavior that could support its multi-asset thesis. In commentary attributed to its financial leadership, the company said that more than 60% of users who traded commodities during Q4 2025 to Q1 2026 later traded equities in Q2 2026. It added that nearly nine in ten of those users have also traded crypto on eToro.
This matters because it suggests eToro is attempting to build a funnel where initial engagement in one asset category can lead to additional trading across other categories. If TradeZero helps expand access to US equities and other traditional brokerage products, eToro may be betting that increased equity trading will feed back into crypto usage—offsetting parts of the volatility in digital-asset demand.
eToro also reported that equities and commodities-related trading generated $141 million in net income for the platform, providing another anchor outside crypto revenue even as crypto volumes cooled.
Deal economics: TradeZero’s margins and expected earnings impact
From the perspective of deal structure, eToro provided figures intended to show that TradeZero could strengthen the business rather than dilute it. The company stated that TradeZero generated about $80 million of revenue with 81% gross margins in the last 12 months ended June 30, 2026.
Looking ahead, eToro said it expects the acquisition to be accretive to adjusted earnings per share in the first year after closing. Closing is expected in the first half of 2026, meaning the earliest period for the claimed benefit would likely follow shortly thereafter.
Market reaction to the announcement appeared cautious. eToro’s Nasdaq-traded shares were down more than 5% in pre-market activity on Tuesday, with the move expected to extend Monday’s decline according to Yahoo Finance data for ETOR.
What to watch next
Investors and users will likely focus on whether the TradeZero acquisition helps stabilize revenues as crypto volumes fluctuate, and on whether eToro can translate its reported cross-asset engagement into sustained trading activity in the US. In the meantime, July’s sharp drop in crypto trades and invested amounts remains a key signal for how quickly digital-asset performance can change the company’s quarterly outlook.
This article was originally published as eToro Plans to Acquire TradeZero as Q2 Crypto Revenue Drops 30% on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

A Dubai-based maritime tokenization platform, Shipfinex, has teamed up with Abu Dhabi blockchain network ADI Chain to test how vessel-linked assets could be represented and financed on-chain. The partners say they are tokenizing a pipeline of roughly 35 vessels valued at about $500 million, aiming to create additional funding options for shipowners.
The concept centers on placing the vessels into separate special-purpose vehicles (SPVs). Tokens would then be issued to reflect economic exposure to each ship—potentially structured as vessel-backed credit, charter-related income, or other rights tied to the underlying assets. ADI Chain is expected to handle the distribution and settlement layer, with primary allocations and distributions planned to use stablecoins denominated in UAE dirham, US dollars, and other currencies.
Key takeaways
Shipfinex and ADI Chain are piloting tokenization of a vessel pipeline worth about $500 million across around 35 ships.
The structure uses separate SPVs per vessel, with tokens representing ship-specific economic interests such as credit or charter income.
ADI Chain will provide the stablecoin-oriented distribution and settlement infrastructure for the pilot.
The project is still in an operational readiness stage, with no Maritime Asset Tokens publicly issued yet and the regulated issuance route still being finalized.
The announcement aligns with broader growth forecasts for tokenized real-world assets (RWAs), including Standard Chartered’s estimate that the sector could reach $4 trillion by end-2028.
How the pilot is structured: SPVs and ship-linked tokens
Tokenizing shipping assets is notoriously complex, largely because the industry is fragmented and ship-level cash flows can vary widely depending on charter terms, routes, and financing arrangements. Shipfinex’s approach, as described in the announcement, attempts to translate that complexity into a modular on-chain wrapper: each vessel is moved into its own SPV, and tokens are intended to map to the economics of that specific vehicle.
That could matter for investors and lenders because it potentially enables more granular exposure than traditional fund structures—at least in theory—letting market participants choose how they want to participate in a given ship’s revenue stream or credit profile. The partners have also framed the tokens as potentially representing vessel-backed credit, charter-linked income, or other interests, suggesting room for multiple payoff designs depending on the underlying deal economics.
Stablecoin settlement: why ADI Chain’s role matters
ADI Chain, based in Abu Dhabi, is described as the partner providing distribution and settlement infrastructure. The planned use of currency-denominated stablecoins—specifically UAE dirham- and US dollar-linked assets, plus additional denominations—signals that the settlement model is being built to reduce friction in cross-currency payments, which is a common challenge in international shipping finance.
For market participants, stablecoin settlement can also influence how quickly transactions clear and how tokenized positions can be serviced operationally. Even so, the project’s success will likely depend on the operational details of issuance, custody, and investor onboarding, especially given the regulatory process the partners say remains unfinished.
Still in a pilot: issuance route not finalized
While the partnership outlines a significant vessel pipeline, it is important that the project is not yet live in terms of publicly issued tokens. The arrangement is described as being in a pilot and operational-readiness phase. The partners state that Maritime Asset Tokens have not been publicly issued and that the regulated issuance pathway is still being finalized.
This staging matters because tokenization efforts in RWAs can fail at different points: legal structuring, regulatory approvals, or the practical ability to support ongoing distributions and compliance. By highlighting that the regulated issuance route is still under development, Shipfinex and ADI Chain appear to be treating the first phase as a test of readiness rather than an immediate launch of investable tokens.
Investors watching similar initiatives may therefore want to track what changes next—particularly whether the pilot culminates in a formally approved issuance structure, and how ongoing payments tied to charter activity or credit terms are operationalized.
RWA tokenization momentum: from shipping to broader forecasts
The shipping pilot comes as tokenized RWAs continue to attract attention across traditional finance and crypto-native infrastructure. RWA.xyz data cited in the report indicates that assets tracked on its platform totaled about $38.1 billion as of Aug. 9. Within that figure, US Treasury debt accounts for roughly $16.2 billion and commodities about $4.9 billion.
Standard Chartered’s outlook also points to continued expansion. In a report released Monday, the bank forecast that tokenized RWAs could reach $4 trillion by the end of 2028, according to Geoff Kendrick, the global head of digital asset research at the bank. The scale of that projection suggests that the market is expected to grow beyond early niches—though it also underlines the difference between long-term forecasts and near-term, pilot-stage delivery.
In shipping specifically, the scale remains small relative to the total addressable market. The announcement cites Clarksons Research data valuing the world fleet and orderbook at about $2.1 trillion at the start of 2026. Compared with that estimate, the $500 million vessel pipeline represents a limited slice—meaning this pilot is likely best viewed as a proof-of-process and market test rather than a near-term transformation of shipping finance.
Still, even incremental moves can be significant in RWAs if they demonstrate repeatable mechanics: asset segregation, token-to-cashflow mapping, stablecoin-based settlement, and the ability to maintain compliance over time. That is precisely where pilots tend to earn or lose momentum.
For readers, the key next indicators to watch are whether Shipfinex and ADI Chain progress from operational readiness to a clearly defined regulated issuance route, and how they handle the practicalities of ongoing distributions tied to ship-level economics—especially once any tokens transition from closed testing to broader market participation.
This article was originally published as ADI Chain and Shipfinex Partner to Tokenize $500M Vessel Pipeline on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

SharpLink, one of the largest corporate treasuries focused on Ether, reported a significantly wider loss for the second quarter of 2026 as ETH’s price decline weighed on its balance sheet. The Miami, Florida-based firm posted a net loss of $394 million, compared with a $103 million net loss in the same quarter of the prior year.
In the company’s Monday announcement, SharpLink attributed the bulk of the loss to $321 million in unrealized crypto losses and $76 million in impairments related to staked Ether tokens. At the same time, the firm generated $11.5 million in revenue, including $11.1 million from ETH staking.
Key takeaways
SharpLink’s Q2 2026 net loss widened to $394 million, driven largely by $321 million in unrealized crypto losses.
Impairments tied to staked Ether amounted to $76 million, adding pressure beyond mark-to-market declines.
Revenue remained positive at $11.5 million, with staking contributing $11.1 million.
Cash and cash equivalents rose to $56 million from $28 million as of December 2025.
Unrealized losses dominate SharpLink’s quarter
SharpLink’s financial results underscore how sensitive large Ether treasuries are to ETH’s spot price and to accounting treatment for staked derivatives. The firm reported that its Q2 2026 loss included $321 million in unrealized crypto losses, reflecting changes in the valuation of its Ether exposure rather than realized selling losses.
That valuation pressure aligned with broader market conditions. Ether fell by around 23% during the second quarter of 2026, according to CoinMarketCap. While staking produced income, the scale of the unrealized mark-downs appears to have overwhelmed that support.
Staking income and staked-token impairments
SharpLink generated $11.5 million in revenue in the quarter, including $11.1 million from ETH staking, according to the company’s Monday announcement. For Ether-focused treasury strategies, staking can partially offset volatility by adding cash-flow-like yield.
However, SharpLink also recorded $76 million in impairments on staked Ether (ETH) tokens. This detail matters for investors because it suggests that performance isn’t determined solely by ETH price moves; the accounting and valuation of staked-token instruments can introduce additional losses even when staking revenue is present.
How much Ether SharpLink controls
SharpLink said it holds 632,784 Ether, worth about $1.2 billion, plus an additional 181,321 ETH—worth roughly $343 million—through various liquid staked Ether tokens. Combined, this creates a substantial balance-sheet exposure to Ethereum’s price direction, with liquid staked products carrying their own valuation and impairment dynamics.
SharpLink is currently described as the second-largest Ether treasury company. Based on StrategicEthReserve data cited in the report, Bitmine is the largest corporate Ether holder, holding 5.54 million ETH worth about $9.4 billion. SharpLink’s current holdings are estimated at 863,000 ETH, valued at about $1.46 billion.
Buying ETH after an eight-month pause
SharpLink’s latest results arrive alongside a notable change in its acquisition pattern. Earlier coverage from Cointelegraph noted that the company resumed Ether purchases with a $7.8 million buy in late June after pausing for eight months. A second purchase followed days later, with SharpLink buying 10,000 Ether for about $16 million, as referenced by Cointelegraph.
That kind of buying at lower levels can be a strategic way to extend a treasury’s exposure when assets are discounted. Still, the Q2 financials show that even resumed accumulation doesn’t neutralize accounting losses in the near term when ETH declines sharply across the reporting period.
Treasury liquidity and equity-market reaction
SharpLink reported that its cash and cash equivalents totaled $56 million, up from $28 million in December 2025. Liquidity improvements can be important for corporate treasuries because they provide flexibility for operations and for potential future purchases—especially after a quarter marked by large unrealized and impairment charges.
On the equity side, SharpLink’s stock fell 3.9% on Monday, extending a 30% year-to-date decline, according to Yahoo Finance. For public Ether treasury companies, equity performance can reflect both the market’s view of treasury risk and expectations for how quickly staking yield and future purchases might offset volatility-driven drawdowns.
Going forward, investors should watch two things most closely: whether SharpLink’s staking revenue trend can stabilize amid continued ETH volatility, and how future quarters treat liquid staked token valuations and impairments—particularly if ETH’s price swings produce new mark-to-market pressure.
This article was originally published as SharpLink Posts $394M Q2 Net Loss as ETH Prices Weigh In on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

eToro has outlined a new step in its push to expand within the US financial market: the company said Tuesday it plans to acquire US online brokerage TradeZero. The deal is framed as part of eToro’s broader effort to build a multi-asset platform that includes equities, commodities, and digital assets.
Alongside the acquisition announcement, eToro’s second-quarter update pointed to continued volatility in its crypto business. The company reported $1.59 billion in revenue for the quarter, down from $2 billion in the comparable 2025 period. Revenue tied to crypto assets totaled $1.34 billion—down roughly 30% versus $1.9 billion in Q2 2025—while eToro also reported $1.35 billion in crypto-related cost of revenue, producing $19.7 million in net income from crypto assets. Total net income for the quarter was $53.4 million.
Key takeaways
eToro plans to acquire TradeZero to accelerate its US expansion through an established brokerage platform.
Crypto revenue declined sharply year over year in eToro’s latest quarterly results, even as crypto-related net income remained positive.
Management linked engagement across asset classes, saying many commodity traders later move into equities and crypto.
Trading activity cooled, with total crypto trades in July falling to 1.4 million (down 73% year over year).
The TradeZero deal is expected to close in the first half of 2026 and be accretive to adjusted earnings per share in the first year post-close.
Deal aimed at deepening eToro’s US brokerage footprint
The announced acquisition of TradeZero is positioned as a strategic lever for eToro’s US expansion. eToro did not provide additional operational details in the supplied reporting, but it tied the transaction to its wider goal of becoming a multi-asset platform—expanding beyond digital assets into mainstream brokerage services.
For investors, the logic is straightforward: adding an established brokerage operator can help eToro increase its distribution and product breadth in the US, potentially supporting cross-selling among asset classes. eToro’s broader product mix already includes equities and commodities, and management has emphasized user movement between those categories and crypto.
Quarterly results show crypto remains material despite declines
eToro’s Q2 results underscore that digital assets still drive a significant share of the platform’s top line, even as performance softened versus the prior year. According to the company’s second-quarter report, total revenue came in at $1.59 billion, with $1.34 billion attributed to crypto assets.
The company reported $1.35 billion in crypto-related cost of revenue, resulting in $19.7 million of net income from crypto assets. While crypto revenue dropped about 30% compared with Q2 2025, the company still generated net income in that segment for the quarter. Separately, eToro said equities and commodities-related trading generated $141 million in net income.
That split matters because it suggests eToro is not simply dependent on crypto for profitability. Instead, crypto may be functioning more like a high-volume revenue engine with tighter economics, while other products contribute meaningfully to earnings stability.
Cross-asset behavior and shifting crypto activity
eToro’s finance leadership argued that user behavior supports its multi-asset strategy. In comments carried in the second-quarter reporting, CFO Meron Shani said that more than 60% of users who traded commodities during Q4 2025 to Q1 2026 later traded equities in Q2 2026, and nearly nine in ten of those users also traded crypto on eToro.
In practical terms, that claim points to a funnel effect: users enter through one asset class and then expand into others, potentially increasing lifetime value per customer. If that pattern holds, acquisitions like TradeZero could be viewed as not only adding brokerage reach, but also feeding eToro’s cross-asset ecosystem.
However, the same quarter also highlighted a decline in crypto engagement. eToro reported that total cryptocurrency trades on the platform fell to 1.4 million in July, representing a 73% decrease year-on-year, while the invested amount was down 50%. The contrast—crypto-related revenue down materially in Q2, alongside sharp declines in July trading—signals that user activity and capital allocation in crypto are still cooling.
Deal economics and expected timing
TradeZero contributed meaningful revenue over the period referenced in eToro’s announcement. The company said TradeZero generated about $80 million of revenue with 81% gross margins in the last 12 months ended June 30, 2026.
eToro also provided an earnings-oriented view of the transaction. The company expects the acquisition to be accretive to adjusted earnings per share in the first year after closing. Closing is expected in the first half of 2026.
From a market perspective, these economics are likely to be closely scrutinized given the crypto segment’s year-over-year decline. Even if the TradeZero purchase improves eToro’s US brokerage scale and profitability, the company will still need to demonstrate that cross-asset retention and growth can offset weaker crypto trading volumes.
In pre-market trading, eToro’s Nasdaq-listed ETOR shares were down more than 5% on Tuesday, aiming to extend Monday’s decline, according to Yahoo Finance quote data for the stock.
What to watch next for eToro and US growth
As the TradeZero deal moves toward a first-half 2026 closing, investors will likely watch whether eToro can translate brokerage expansion into higher user retention and whether crypto trading activity stabilizes after July’s sharp drop. The next quarterly filings should also clarify how eToro’s crypto economics evolve as revenues soften and costs adjust—an issue that will influence whether the acquisition meaningfully offsets ongoing pressure in digital-asset trading.
This article was originally published as eToro to Acquire TradeZero as Q2 Crypto Revenue Drops 30% on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Les traders en bitcoins se sont de plus en plus tournés vers les stablecoins pour tenter d’anticiper l’orientation de l’appétit pour le risque. Une nouvelle revue de données de CryptoQuant met en évidence que la valeur de marché de l’USDT de Tether diminue à un rythme anormalement rapide—mais les mêmes schémas observés lors des précédents marchés baissiers laissent penser que la vague de ventes pourrait toucher à sa fin.
D’après CryptoQuant, la variation de la capitalisation boursière de l’USDT sur 60 jours en moyenne était d’environ moins 4,88 milliards de dollars au 10 août, tandis que la fenêtre la plus récente de 11 jours a vu disparaître près de 870 millions de dollars d’offre d’USDT. L’ensemble indique un repli de liquidité qui, en général, pèse sur la performance plus large des cryptomonnaies, mais cela correspond aussi au comportement de fin de cycle observé lors des replis précédents.

Les enquêteurs en cryptomonnaie s’attaquent à l’un des problèmes les plus difficiles d’allocation des pertes dans la sécurité des actifs numériques : estimer le vol à partir de portefeuilles en self-custody, où il n’existe aucun registre faisant autorité des utilisateurs touchés. L’analyse en cours du piratage lié à Coldcard produit désormais des chiffres nettement différents selon la manière dont les équipes traitent les signalements de victimes « confirmés » par rapport aux attributions on-chain.
La plateforme d’analyse blockchain CryptoQuant estime actuellement les pertes confirmées à 1 432 Bitcoin, tandis que Galaxy Research et TRM Labs soutiennent que le bilan global est plus élevé lorsque le traçage laisse apparaître des victimes supplémentaires sur plusieurs vagues. Cet écart montre pourquoi les exploitations de portefeuilles matériels peuvent être difficiles à chiffrer—et pourquoi les investisseurs et les observateurs de la sécurité devraient considérer tout chiffre unique comme provisoire.

Payments firm Decta says it is adding Circle’s USDC to the back-end of its international treasury operations, using OpenPayd to convert fiat into the stablecoin for internal settlement across markets. The move highlights a growing pattern in crypto: stablecoins are increasingly used as infrastructure for liquidity and operational transfers, rather than as a branded payment option for customers.
Decta told Cointelegraph that the company will route its own funds through OpenPayd’s regulated infrastructure, where they are converted into USDC via OpenPayd’s over-the-counter capabilities. OpenPayd then supports international operational settlements that Decta would otherwise complete through conventional banking processes.
Key takeaways
Decta will use USDC for internal treasury settlement across markets, positioning the stablecoin as a back-end liquidity tool rather than a customer payment feature.
The conversion and settlement is handled through OpenPayd’s regulated infrastructure and OTC capabilities.
Decta frames the change as an operational efficiency upgrade versus bank transfer frictions like cut-off times and multi-day value dates.
Stablecoins continue to deepen their role inside traditional payments and financial infrastructure stacks.
How Decta plans to use USDC
In remarks shared with Cointelegraph, OpenPayd’s chief commercial officer, Lux Thiagarajah, described the integration as “a proprietary treasury use case rather than a customer-facing payments flow.” In other words, the stablecoin is intended for Decta’s own internal movements of value across entities and markets—not for consumer or merchant payments.
Thiagarajah explained that Decta transfers its funds into OpenPayd’s regulated infrastructure, where they are converted into USDC. OpenPayd’s role is to facilitate this conversion through its OTC capabilities, then use the resulting digital settlement instrument to support international operational settlements.
For investors and builders watching crypto adoption, the practical implication is straightforward: stablecoins are being absorbed into workflows where speed and execution certainty matter most. Even when customer-facing adoption lags, stablecoin rails can still become embedded in day-to-day operations for regulated financial intermediaries.
Treasury operations and the limits of banking rails
Decta UK CEO Scott Dawson said the company regularly moves funds between banking relationships to fund operations and settle internal obligations across regulated entities and jurisdictions. Traditionally, these transfers rely on standard banking rails, which can impose operational constraints such as cut-off times, weekends, and multi-day value dates.
Dawson argued that using OpenPayd’s regulated infrastructure changes the timing dynamics. According to his statement to Cointelegraph, Decta converts fiat into a digital settlement instrument through OpenPayd, then “moves it across markets near-instantly.”
This matters because treasury departments generally value predictability and execution efficiency. While banking transfers can be reliable, their scheduling constraints can complicate cash planning and working-capital management—particularly for firms operating across multiple countries and regulated entities.
Dawson also pointed out that Decta transfers its own funds for settlements rather than altering the structure of its customer payment products. That distinction suggests the company is aiming for improved operational settlement performance without expanding the stablecoin exposure embedded in its customer-facing services.
Decta and OpenPayd: where the integration fits
Founded in 2015 in London, Decta describes itself as a payments platform providing payment processing, acquiring, card issuing, banking, and other financial infrastructure to businesses. The company says it operates across 32 countries and serves hundreds of companies, according to its announcement.
On the infrastructure side, OpenPayd—founded in 2018 in London—positions itself as a bridge between fiat and digital assets. Cointelegraph previously reported that OpenPayd secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA) in June, enabling it to offer crypto services across the European Economic Area, including fiat-to-stablecoin on- and off-ramps. Its listed clients include Kraken, eToro, OKX, and B2C2, as described in that earlier coverage.
Cointelegraph also noted in past reporting that Decta had explored stablecoin issuance. In August 2024, Decta Limited and France-based Next Generation said they were looking at a potential euro-pegged stablecoin that Decta could issue under MiCA, subject to regulatory approval.
Taken together, the new USDC settlement plan fits a broader trajectory for regulated payment businesses: stablecoins can be treated as settlement instruments in specific operational layers, while issuance ambitions or customer-facing products may follow separate regulatory and market readiness paths.
What to watch next
As Decta rolls USDC into its international treasury workflow, market observers should look for whether the arrangement remains strictly proprietary (back-end settlements) or gradually expands into other operational flows. The key unresolved question is how widely similar regulated payment firms will follow—especially given the ongoing need to balance faster settlement with compliance expectations across jurisdictions.
This article was originally published as Decta Tests Stablecoin Payments for Treasury Settlement on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

La Cour suprême de Corée du Sud a proposé des modifications aux règles d’exécution civile permettant aux créanciers de geler, d’identifier et de liquider les crypto-monnaies détenues par des débiteurs.
La date limite pour les commentaires du public concernant les modifications proposées est le 11 août. Avec les nouvelles modifications, les bourses de crypto-monnaies n’auront plus que sept jours pour divulguer les avoirs des clients si elles sont enjoignées par une ordonnance du tribunal.
Les nouvelles règles sud-coréennes de saisie de crypto-monnaies
Les modifications proposées aux règles d’exécution civile créent un processus standardisé permettant aux créanciers de geler, d’identifier et de liquider les avoirs en crypto-monnaies du débiteur. Si elles sont finalisées, les règles entreront en vigueur à partir du 1er octobre. Une fois finalisées, les bourses de crypto-monnaies disposeront d’un délai de sept semaines pour se préparer à jouer un rôle dans l’exécution forcée des dettes civiles.

La Corée du Sud prépare l’extension de sa règle de « Travel Rule » crypto afin qu’elle s’applique à quasiment tous les transferts on-chain entre prestataires de services d’actifs virtuels (PSAV) enregistrés, plutôt que seulement aux transactions au-dessus d’une valeur seuil. Le changement supprime le seuil actuel de 1 million de won (environ 700 $), une mesure visant à combler une faille évidente : les utilisateurs fractionnant les transferts en morceaux plus petits pour rester sous les exigences de déclaration et de partage d’informations.
Selon une décision du cabinet approuvant des amendements au décret d’application de la loi sud-coréenne sur le signalement et l’utilisation des informations relatives à des transactions financières spécifiées, les règles mises à jour ajouteront également des obligations plus strictes en matière de lutte contre le blanchiment d’argent (LBA) concernant les transferts impliquant des opérations de change étrangères et des portefeuilles personnels, les autorités ayant indiqué que les contrôles existants ont été exploités.

La proposition de réglementation de la SEC sur les cryptos avance vers une assemblée ouverte le 14 août 2026, au cours de laquelle la Securities and Exchange Commission américaine examinera s’il convient d’émettre des règles proposées créant un régime d’offre sur mesure pour certains contrats d’investissement impliquant des crypto-actifs. La réunion est prévue à 10 h (heure de l’Est). Si elle est approuvée, la publication de la proposition lancerait le processus officiel de commentaires du public.
Le SEC publie des dispositions sur les horaires concernant les crypto-actifs pour le 14 août
L’avis de la loi Sunshine Act du 10 août de la SEC confirme que la Commission tiendra une réunion ouverte le vendredi 14 août à 10 h (heure de l’Est). La réunion se tiendra au siège de la SEC à Washington, D.C., et sera également accessible via la webdiffusion de l’agence.

The SEC Reg Crypto proposal is heading to an Aug. 14, 2026, open meeting, where the U.S. Securities and Exchange Commission will consider whether to issue proposed rules creating a tailored offering regime for certain investment contracts involving crypto assets. The meeting is scheduled for 10 a.m. ET. If approved, the proposed release would begin the formal public-comment process once published.
Sec Schedules Regulation Crypto Assets for Aug 14
The SEC’s Aug. 10 Sunshine Act notice confirms that the Commission will hold an open meeting on Friday, Aug. 14, at 10 a.m. ET. The meeting will take place at the SEC’s headquarters in Washington, D.C., and will also be available through the agency’s webcast.
The official agenda identifies the matter as “Regulation Crypto Assets.” The Commission will consider whether to issue a release proposing new rules to create a tailored offering regime for certain investment contracts involving crypto assets.
The initiative is commonly referred to as “Reg Crypto,” while the SEC’s official agenda uses the title “Regulation Crypto Assets.” The matter falls under the SEC’s Division of Corporation Finance. The agency lists Jim Moloney, Sebastian Gomez Abero, Valian Afshar, Patrick Faller, John Fieldsend and Irene Paik as staff members for the agenda item.
The SEC’s notice does not announce a final rule. It states that the Commission will consider whether to issue a proposal. If approved and issued, the proposal would move into the public-comment and rulemaking process.
The meeting notice was dated Aug. 10, with the open meeting scheduled four days later. The SEC currently has three sitting commissioners, all Republicans. Their votes will determine whether the SEC issues the proposal for public comment.
Reg Crypto Could Create a Pathway for Crypto Fundraising
The proposed framework could address how certain crypto projects raise capital under a tailored offering regime. The framework could give eligible crypto firms a pathway to raise capital for projects without immediately triggering the SEC’s full registration requirements.
That would potentially give qualifying projects a defined route for fundraising in the United States while operating within a framework established by the agency. For crypto founders and fundraising platforms, the potential change could address uncertainty around how certain digital-asset projects structure offerings in the U.S. market.
Regulatory uncertainty has also encouraged some crypto offerings to seek jurisdictions outside the United States. A tailored U.S. framework could provide qualifying projects with another option for raising capital domestically. The precise scope of the fundraising pathway remains unknown because the SEC’s Aug. 10 notice does not specify registration exemptions, eligibility requirements or other detailed conditions.
The framework would not necessarily create a blanket exemption for token issuers or crypto companies. Its impact would depend on the eligibility requirements, disclosures, investor protections and continuing obligations included in the proposed release.
A Potential Exit Mechanism Could Address Continuing SEC Oversight
The framework could also address what happens after a crypto project is no longer actively managed by its development team. A potential mechanism could allow certain projects to seek relief from continuing SEC oversight once their teams are no longer involved in hands-on management.
The precise legal effect and eligibility conditions remain unknown. That would not mean a project automatically leaves the SEC’s jurisdiction simply because its team stops managing it day to day.
Any relief would depend on the legal mechanism and conditions established in the proposed framework, if such a mechanism is included. The SEC’s official notice does not confirm an exit mechanism.
It only states that the Commission will consider proposed rules creating a tailored offering regime for certain investment contracts involving crypto assets. The proposed release will therefore be critical for determining whether an exit pathway is included, which projects could qualify and what conditions would apply.
Aug 14 Would Begin a Longer Rulemaking Process
The Aug. 14 meeting would be the start of a longer process rather than the completion of a new crypto rule. If the Commission approves the proposal and it is published, the public would have an opportunity to submit comments.
The comment period is expected to last roughly two to three months, after which the SEC could review the responses and revise the proposal before considering a final rule. A final rule would generally provide a more formal and durable framework than informal staff statements or speeches, although it could still be challenged, amended or replaced.
The proposed rule would not immediately create binding requirements for crypto businesses. Instead, the proposal would establish the SEC’s intended regulatory approach and give market participants an opportunity to respond before the agency considers whether to adopt a final rule.
The eligibility requirements, disclosure obligations, investor protections, continuing requirements and any potential exit mechanism would therefore need to be assessed from the proposed release itself.
Clarity Act Consideration Moves Into September
The SEC’s planned action comes as Senate consideration of the Digital Asset Market Clarity Act has moved into September after lawmakers did not complete the relevant procedural step before the August recess.
Senate leaders have scheduled a Sept. 15 cloture vote on the motion to proceed to the legislation. That vote would determine whether the Senate can advance to consideration of the bill; it would not constitute final passage.
The CLARITY Act is intended to provide a broader legal foundation for crypto market rules in the United States. The delay leaves the SEC able to pursue rules within its existing authority while Congress considers whether to establish a broader statutory framework.
SEC Chairman Paul Atkins has said the agency can address many crypto market-structure issues through its existing authority. He has also indicated that congressional legislation would provide clearer, longer-term direction than SEC rulemaking alone.
The two regulatory tracks therefore remain important for crypto businesses. A final SEC rule could establish requirements within the agency’s authority, while legislation could provide broader statutory rules governing the U.S. digital-asset market.
SEC’s Crypto Work Extends Beyond the Aug 14 Proposal
The Regulation Crypto Assets proposal is part of the SEC’s wider work on digital-asset regulation. The SEC has issued an interpretation clarifying the application of federal securities laws to certain crypto assets and transactions.
That interpretation includes a taxonomy covering categories such as digital commodities, digital collectibles, digital tools, stablecoins and digital securities. The proposed offering regime would address another part of the regulatory framework by establishing rules for certain investment contracts involving crypto assets.
The distinction between an interpretation and a final rule is significant. The SEC’s interpretation explains how existing federal securities laws apply to specified crypto assets and transactions, while a final rule adopted through rulemaking would establish regulatory requirements within the agency’s authority.
The Aug. 14 meeting therefore represents the beginning of a proposed rulemaking process rather than the completion of the SEC’s crypto regulatory framework.
What Crypto Businesses Should Watch Next
The immediate question is whether the Commission votes to issue the proposed release. If it does, the document will provide the first detailed view of how the SEC intends to structure the tailored offering regime.
Crypto businesses will need to examine which investment contracts qualify, what conditions apply, what disclosures are required and what investor protections are included. The potential fundraising pathway will also require close attention.
Qualifying projects could potentially receive a route to raise capital without immediately triggering full SEC registration requirements, but the actual proposal will determine the scope and conditions of that route. The potential exit mechanism will require similar scrutiny.
For now, the confirmed development is that the SEC will meet on Aug. 14, 2026, to consider whether to issue proposed rules creating a tailored offering regime for certain investment contracts involving crypto assets.
If approved, the proposed release will determine how the fundraising pathway, eligibility requirements, investor protections, continuing obligations and any potential exit mechanism are structured. Until that document is issued, those details should not be treated as final SEC rules.
This article was originally published as Sec Reg Crypto Proposal What the Aug 14 Sec Vote Means for Crypto on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Le prestataire d’infrastructure de paiement Decta UK indique qu’il intègre l’USDC dans son flux de trésorerie interne pour le règlement transfrontalier — une intégration qui met en évidence la manière dont les stablecoins sont de plus en plus utilisés en coulisses, et pas nécessairement comme option de paiement visible pour les clients.
Selon une annonce partagée avec Cointelegraph, Decta fera transiter ses propres fonds par OpenPayd, un prestataire d’infrastructure financière réglementée, où l’entreprise convertit la monnaie fiduciaire en USDC pour des règlements opérationnels internationaux.

South Korea is set to broaden its crypto “Travel Rule” so it applies to essentially all on-chain transfers between regulated virtual asset service providers, eliminating a previously used value threshold. The change is part of Cabinet-approved amendments to the Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information, approved on Tuesday by the country’s government.
The update is designed to close loopholes that allowed some users to avoid Travel Rule compliance by breaking up transactions into smaller pieces. Alongside the Travel Rule expansion, the amendments tighten anti-money-laundering (AML) controls for transfers involving overseas exchanges and personal wallets.
Key takeaways
South Korea will remove the 1 million won threshold, making the Travel Rule apply to transfers between registered VASPs regardless of transaction size.
Receiving platforms will need to collect sender and recipient information, and can request missing data or reject transactions when required information isn’t available.
The amendments introduce new AML obligations for transfers involving foreign exchanges and personal wallets, including restrictions based on counterparty risk.
New monitoring requirements apply to certain cross-border transfers, and the rules are supported by a cited example involving repeated withdrawals under the old threshold.
Travel Rule broadened beyond the value threshold
Under the new framework, South Korea’s Travel Rule will cover all transfers between registered virtual asset service providers (VASPs), not just those above a set minimum amount. The Financial Intelligence Unit (FIU) said the threshold could be circumvented by splitting transfers into smaller transactions, thereby reducing the likelihood that required compliance steps would be triggered.
The FIU referenced a case involving Tether USDt (USDT). According to the agency, a user deposited roughly 200 million won into a crypto exchange and then made 216 withdrawals, with each withdrawal valued below 1 million won—illustrating how repeated small transfers could be used to structure activity around the prior limits.
By removing the threshold, the government aims to make the compliance requirement more consistent. In practical terms, the amendments require receiving platforms to obtain sender and recipient information for incoming transfers subject to the rule. If information is missing, the receiving VASP may request the necessary details. Where required data cannot be obtained, it may reject the transaction.
Risk-based AML rules for foreign exchanges and personal wallets
The Cabinet-approved amendments also add AML requirements tied to counterparty risk for transfers involving overseas crypto exchanges and personal wallets.
Registered local VASPs will be expected to decide which foreign transfers to allow based on the risk profile of the counterparty. Transfers to overseas exchanges assessed as low-risk would generally remain permitted. Transactions involving other foreign exchanges and personal wallets would be allowed when the sender and recipient are the same person—reflecting a tighter standard for cross-actor transfers.
Where the counterparty is classified as high risk, the amendments indicate those transactions will be prohibited. The government’s rationale is that suspected money laundering involving overseas exchanges and personal wallets has increased, and that weaknesses in existing AML coverage for those channels have been exploited.
In addition to the risk-based gating, the rules require crypto platforms to build out monitoring capabilities. The decree calls for suspicious transaction monitoring systems for transfers worth at least 10 million won when the transfer involves foreign exchanges or personal wallets.
Broader compliance expectations for registered VASPs
Beyond Travel Rule and transfer screening, the amendments also strengthen the broader regulatory foundation for crypto service providers. The decree strengthens registration requirements by expanding scrutiny of elements including financial soundness, internal controls, staffing, and infrastructure standards. It also broadens oversight of major shareholders, reflecting a more intensive approach to operator accountability.
The government’s intent appears twofold: first, to reduce opportunities to route around compliance through transaction structuring; and second, to bring more systematic AML oversight to cross-border and self-custody-related flows, where authorities have indicated existing rules have been insufficient.
When the changes take effect
The VASP registration provisions will take effect on Aug. 20. However, current providers will receive an additional year to meet certain requirements related to financial, staffing, infrastructure, and internal control obligations.
For the Travel Rule expansion and the related transfer-related AML obligations, the amendments take effect six months after the decree is promulgated. That staggered timeline gives exchanges and other regulated providers time to adjust compliance systems—particularly around sender/recipient data handling and counterparty risk assessments.
With these updates, South Korea is moving toward more comprehensive transmission of transfer information across regulated rails while simultaneously tightening controls for cross-border activity and personal wallet flows. Investors, traders, and users should watch for how exchanges implement sender/recipient data requests, what counterparty risk models they publish internally, and how strictly they will enforce rejections when required information can’t be provided—changes that could affect user experience for transfers just as much as they affect compliance outcomes.
This article was originally published as South Korea Lowers Crypto Travel Rule Threshold for Transfers on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Trump Media a déclaré qu’elle remaniait la manière dont elle gère son portefeuille d’actifs numériques après des pertes latentes sur des crypto-monnaies et des titres qui ont conduit l’entreprise à une perte nette de 238 millions de dollars au deuxième trimestre. Dans sa mise à jour T2 publiée lundi, l’entreprise à l’origine de Truth Social et de la marque de services financiers Truth.Fi a indiqué qu’elle prévoyait un « remaniement » de son approche en matière de trésorerie, visant à conserver une exposition cryptée à long terme tout en maîtrisant davantage la volatilité du bilan.
L’entreprise a attribué 190,4 millions de dollars de pertes latentes à des actifs numériques, des actifs numériques mis en gage et des titres de capitaux propres. Elle a également présenté ces changements comme un moyen d’améliorer la « productivité » de son bilan — un accent qui suggère qu’elle entend continuer à générer du rendement et à structurer le risque autour du bitcoin, plutôt que de simplement conserver une exposition au comptant indéfiniment.

Trump Media affirme qu’elle va revoir la manière dont elle gère son trésor de crypto-actifs après que des pertes liées aux crypto-actifs et aux titres ont contribué à une perte nette de 238 millions de dollars au deuxième trimestre. Dans ses documents de résultats du T2, la société a attribué 190,4 millions de dollars de pertes latentes à son mix de crypto-actifs, de crypto-actifs mis en gage et de titres de capitaux, tout en décrivant un plan visant à conserver une exposition à long terme au Bitcoin, mais en réduisant la volatilité du bilan.
La société cotée en bourse—mieux connue comme la société mère des plateformes sociales Truth Social et Truth+ ainsi que de la marque de services financiers Truth.Fi— a rattaché ce changement de stratégie à la nécessité de disposer d’un cadre plus résilient. La société a indiqué que les modifications ont pour but d’améliorer la « productivité » de son bilan sans abandonner sa position centrale en matière de crypto-actifs.

La Thaïlande met en place une mesure fiscale ciblée en faveur des investisseurs en crypto : à compter du 1er janvier 2025, l’impôt sur les gains en capital sur les bénéfices provenant de transactions en crypto réalisées via des plateformes agréées par la Securities and Exchange Commission du pays sera exonéré pendant cinq ans, jusqu’au 31 décembre 2029.
Le mouvement est conçu pour renforcer la position de la Thaïlande en tant que plaque tournante régionale des actifs numériques, tout en traçant une ligne claire entre les plateformes réglementées en territoire national et les activités de trading qui se déroulent en dehors des licences—où les investisseurs resteraient soumis aux taux standards d’impôt sur le revenu des particuliers, pouvant aller jusqu’à 38%.

BlackRock étend sa gamme d’ETF cotés au Canada avec deux nouveaux produits iShares qui commencent à être négociés cette semaine à la Bourse de Toronto (TSX). L’ajout le plus notable associe des actions traditionnelles à une petite allocation fixe exposée au Bitcoin.
Les deux fonds sont gérés par BlackRock Asset Management Canada dans le cadre de l’alliance RBC iShares. Ils sont conçus pour les investisseurs qui recherchent une exposition diversifiée aux marchés—soit largement en dehors de l’Amérique du Nord, soit un mélange équilibré incluant une poche de Bitcoin.

The U.S. Senate is set to take up the Digital Asset Market Clarity (CLARITY) Act again after a month-long recess, with Majority Leader John Thune filing a cloture motion to move the bill toward a floor vote. The procedural step, reported by the Senate Daily Press, effectively ends speculation that lawmakers might bring the measure forward before September despite it already clearing the House more than a year ago.
If the bill reaches the chamber, the Senate will need a 60-vote threshold to advance CLARITY, meaning bipartisan support remains crucial. The push into mid-September is also landing with less time to build momentum as the 2026 midterm elections approach, a timing problem that has amplified frustration among crypto industry leaders and lawmakers who have backed the legislation.
Key takeaways
Majority Leader John Thune filed a cloture motion for the CLARITY Act, setting the stage for consideration when the Senate reconvenes in mid-September.
Passing CLARITY in the Senate would require 60 votes, leaving little room for partisan friction ahead of the 2026 midterms.
Industry figures and crypto policy advocates called the delay disappointing, while urging lawmakers to “finish the job” in September.
Bipartisan negotiations reportedly continued on broader crypto market-structure issues, but Senate action has not yet translated into CLARITY scheduling.
Despite congressional delays, prediction market contracts still reflect meaningful odds that CLARITY could move toward passage in 2026, though timing uncertainty remains high.
Cloture filed as Senate delays become the new baseline
According to reporting cited by Cointelegraph, Thune’s cloture filing is intended to bring CLARITY to the Senate floor for consideration. That matters because cloture is a key procedural tool used to limit extended debate and overcome the likelihood of a filibuster-like stall—an especially relevant hurdle for legislation that relies on cross-party alignment.
CLARITY’s track record has made the delay feel more consequential to supporters. The bill already passed the House, so the Senate is effectively deciding whether to align with that earlier outcome. With the Senate now targeting mid-September, the question for investors, builders, and market participants is less whether the bill is “alive,” and more how quickly it can become predictable regulatory infrastructure—or whether uncertainty drags on.
As the clock tightens, the September timetable arrives with roughly 50 days before the 2026 midterm elections, a window that critics say makes legislative compromise harder to achieve.
Lawmakers and executives push back on the slowdown
Frustration has surfaced publicly from both lawmakers and industry leaders after the Senate did not schedule a vote before its recess. Senator Cynthia Lummis, referenced in the Senate reporting cycle, said she was “frustrated” that CLARITY had not been placed on the calendar and added that her work with colleagues would continue. Her statement is linked through her post on X: Sen. Lummis’ remarks.
On the industry side, Coinbase CEO Brian Armstrong and Coinbase chief policy officer Faryar Shirzad also criticized the lack of immediate Senate scheduling, while framing September as the moment to complete the legislative path. Armstrong’s comment is linked at this X post, and Shirzad’s “finish the job” framing appears in this X post.
Not all reactions centered on panic. Bitmine Chair Tom Lee, in a weekly report, suggested that broader market attention—such as recent softer inflation and jobs data—has dominated near-term financial headlines more than CLARITY’s status. The implication for market participants is that regulatory risk may remain real without necessarily driving immediate price action day-to-day, especially when macro catalysts are competing for attention.
Why ethics and stablecoin rules keep resurfacing
The House-passed momentum has not translated cleanly into Senate action, in part because the legislative effort sits alongside other disputes in the broader crypto market-structure debate. The article’s background indicates that Senate lawmakers did not announce solutions in response to Democrats pressing for stricter ethics provisions—particularly rules aimed at conflicts tied to U.S. President Donald Trump’s crypto investments, including the entities and projects associated with World Liberty Financial and a memecoin launched days before he took office.
Those ethics concerns highlight a recurring tension in crypto policy: even when the industry broadly supports regulatory clarity, the political conditions needed to reach final passage can depend on unrelated governance questions. In practice, that means CLARITY may be delayed not because of technical disagreements about token regulation, but because of the Senate’s broader tradeoffs on transparency and oversight.
At the same time, some banking advocates have raised questions about how CLARITY would intersect with stablecoin-linked interest mechanics. A Wall Street Journal editorial board op-ed referenced before Thune’s cloture motion argued that, under CLARITY, smaller banks would miss out on opportunities because they rely on interest payments to attract deposits. The editorial board’s critique appears in this Wall Street Journal op-ed.
“The Clarity Act can serve a useful purpose with some language changes. The crypto industry and its friends in Washington portray themselves as defenders of free markets. What they really want is to be quasi-banks without abiding by the same regulations.”
The policy implication is straightforward: debates about who can earn yield, and on what terms, can influence whether financial institutions see incentives to participate. That in turn affects how quickly mainstream infrastructure can integrate with stablecoins and related services.
Prediction markets keep odds alive, but timing is still a gamble
Even as CLARITY’s Senate schedule slips, prediction market platforms continue to offer contracts reflecting expectations that the bill could still clear major milestones within the 2026 calendar year—though the probabilities remain uncertain.
On Kalshi, an event contract that drew $1.23 million in wagers gave users an 88% chance that the Senate would vote on the CLARITY Act before Oct. 1. A related market on Polymarket, which received over $5.79 million in total wagers, showed a 26% chance that the bill would be signed into law in 2026. Both contracts are linked in the source coverage: Kalshi’s CLARITY vote contract and Polymarket’s 2026 signature contract.
Those numbers also reflect an important procedural reality. If CLARITY passes the Senate, it would likely need to return to the House for another vote before it can move to the president for signing. That extra step can be the difference between a clean legislative finish and another round of delay—especially if lawmakers try to adjust language during Senate consideration.
For traders and market participants using these markets as a sentiment proxy, the key watch item isn’t only “pass or fail,” but whether the timeline compresses the revision process enough to avoid a late-year procedural bottleneck.
As the Senate reconvenes in mid-September, the next signals to monitor are whether the cloture motion results in a scheduled floor vote and whether negotiations narrow the gap on unresolved issues—particularly ethics and stablecoin-related provisions—before midterm politics starts to dominate lawmakers’ agendas.
This article was originally published as Crypto Community Criticizes CLARITY Vote Delay on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

La plateforme de paiements cryptographiques Coinsbuy affirme avoir couvert toutes les pertes des clients après que des portefeuilles liés au service ont été, selon les allégations, vidés dimanche. L’enquêteur en blockchain SpecterAnalyst a rapporté que plus de 7,9 millions de dollars ont été déplacés sur Ethereum et TRON, une partie des produits étant acheminée via des échanges puis vers Monero.
Selon le billet Telegram de SpecterAnalyst, l’attaquant a initialement commencé à convertir les fonds dérobés en Monero via des activités d’échange. Le même rapport affirme que ChangeNOW était impliqué dans le gel d’une partie à six chiffres des actifs pendant l’incident.