🇺🇸 JUST IN: Senate lawmakers are considering updated CLARITY Act legislation that would prohibit presidents and other federal officials from issuing, sponsoring, or profiting from cryptocurrencies and other digital assets.

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🇺🇸 JUST IN: “A president chose a higher standard of ethics than the law required,” Senator Cynthia Lummis says after agreement on CLARITY Act language banning federal officials from issuing or sponsoring digital assets for profit.

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⚡️ Bitwise CIO Matt Hougan: The next crypto bull market will be driven by stablecoins, tokenization, 24/7 trading, instant settlement, and institutional DeFi scaling into the trillions.

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🇺🇸 JUST IN: Seven pro-crypto Senate Democrats say the Republican-drafted CLARITY Act still falls short on ethics, consumer protection, and illicit finance provisions.

They say they remain committed to working with Republicans to get the bill over the finish line.

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🇺🇸 LATEST: US Senate Majority Leader John Thune plans to hold a vote on the Clarity Act as soon as next week, even without a deal with Democrats.

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🇰🇿 LATEST: Kazakhstan approves new strategic digital mining rules to help fund its national crypto reserve.

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🇺🇸 JUST IN: Goldman Sachs CEO David Solomon says it’s time to advance the CLARITY Act.

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🇪🇺 JUST IN: The ECB holds interest rates steady, keeping its deposit rate at 2.25%.

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🚨 TODAY: Brent crude oil hits $100 per barrel for the first time since May.

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