🇺🇸 Nu, Latin America’s largest digital bank, is launching in the US. The bank will offer a 3.5% yield, cashback, and global transfers. It will also provide crypto trading, according to Cointelegraph.
🇺🇸 Coinbase policy VP: Regulators will execute "with or without" the Clarity Act Coinbase's VP of U.S. Policy said that if the Clarity Act fails, "the regulators are at the starting gate and ready to go," and that they "are going to be executing with or without the Clarity Act," according to comments shared by Simply Bitcoin. The remarks concern the U.S. market structure legislation known as the Clarity Act.
🚨 Coinbase Says It Has Backup Plan If Crypto Clarity Act Fails Coinbase says it has a backup plan if the Crypto Clarity Act fails to pass. The statement was reported by WatcherGuru.
📊 Liquid staking total value locked climbs to $52.3 billion Liquid staking TVL rose 34% to reach $52.3 billion, according to CertiK Skynet data. Cointelegraph reported the figure.
🇮🇹 UniCredit weighs crypto custody offering Italy's second-largest bank, UniCredit, is considering offering crypto asset custody services, according to Bloomberg. The report cites the lender's potential entry into digital asset infrastructure.
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🇮🇹 Italy’s No. 2 bank eyes crypto custody and brokerage. Italy’s second-largest bank is exploring crypto custody, brokerage, and tokenized investments, according to WatcherGuru. No launch timeline was included in the report.
🇬🇧 U.K. House of Lords passes amendment requiring the government to develop a national cryptocurrency strategy. The amendment directs the government to develop a national cryptocurrency strategy, according to Bitcoin Magazine. The measure passed in the House of Lords.
🇺🇸 Updated Clarity Act released ahead of next week's floor vote. An updated version of the Clarity Act has been released ahead of a floor vote next week, according to Punchbowl News. The latest changes include new DeFi requirements and a credit union fix.
📈 Perp DEXs now offer over 1,000 RWA markets. According to CryptoRank data, the number of real-world asset markets available on perpetual DEXs has reached 1,000. Public equities account for roughly 75% of all RWA markets.
🇺🇸 DOJ credits Tether with helping restrain $52M tied to a global scam network. The U.S. Department of Justice credited Tether ($USDT) with helping restrain $52 million in crypto linked to a global scam network, according to Cointelegraph. The funds were connected to the scam operation.
⚖️ SBF Petitions Supreme Court to Overturn Fraud Conviction Sam Bankman-Fried has petitioned the U.S. Supreme Court to overturn his 2023 fraud conviction and 25-year prison sentence, according to Cointelegraph. The filing was reported by Cointelegraph.
🇺🇸 Updated Clarity Act Released Ahead of Next Week’s Floor Vote An updated version of the US Clarity Act has been released ahead of next week’s floor vote, according to Bitcoin Magazine. A floor vote is scheduled for next week.
🇪🇺 ECB: Inflation to Remain Above 2% Target for "Quite a While" The European Central Bank has acknowledged that inflation will stay above its 2% target for "quite a while," according to Bitcoin Archive. The statement was circulated via the platform's Bitcoin-focused channel, which pointed to Bitcoin as an alternative to holding fiat currency.
🇺🇸 Senate Republicans release updated crypto Clarity Act draft The revised bill text was released following negotiations held over the August recess, per WatcherGuru.
🇭🇰 Hong Kong Public Company Boyaa Interactive Buys 115 $BTC for Treasury Hong Kong public company Boyaa Interactive acquired 115 Bitcoin for its corporate treasury, according to Bitcoin Magazine. Its total holdings now stand at 4,316 $BTC, valued at $332.7 million.
📈 US 30-year bond yield rises to 5.35%, highest level since June 2007. The US 30-year bond yield reached 5.35%, according to WatcherGuru. That is the highest level since June 2007.