Crypto
AI Summary
- Major U.S. and U.K. financial regulators are collaborating to harmonize transatlantic rules governing tokenization and stablecoins, signaling a coordinated effort to streamline global financial markets.
- The U.S. government has continued to move substantial amounts of seized cryptocurrency, including Bitcoin and Ether, to platforms like Coinbase Prime for management and potential liquidation.
- The cryptocurrency industry is seeing significant AI integration, with companies like Coinbase leveraging AI for code development and other players exploring AI's impact on DeFi security and market analysis.
- Debate intensifies around the CLARITY Act in the U.S. Senate, with both proponents and opponents vocalizing their concerns, particularly regarding ethical implications and provisions for stablecoin yields, ahead of a crucial vote.
- Stablecoins are gaining traction beyond the crypto sphere, with major entities like JCB in Japan and Hyundai piloting USDT settlement, indicating broader adoption and potential disruption for traditional payment systems.
Sources
Cointelegraph
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Over 95% of Coinbase’s code is now written with AI
11 hours ago
by Cointelegraph by Felix Ng
Latest NewsCoinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency humans for judgment and strategy.
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Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
12 hours ago
by Cointelegraph by Turner Wright
Latest NewsSenate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear whether it has enough Democratic support to pass.
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Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
14 hours ago
by Cointelegraph by Nate Kostar
Latest NewsBacked by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment workflows.
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Here’s what happened in crypto today
14 hours ago
by Cointelegraph
Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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US, UK treasuries to align transatlantic rules on tokenization and stablecoins
14 hours ago
by Cointelegraph by Turner Wright
Latest NewsThe two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins.
CoinDesk
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U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
13 hours ago
by Jesse Hamilton
Policy, Prediction Markets, Kalshi, Regulation, NewsThe federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.
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Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
15 hours ago
by Jesse Hamilton
Policy, Clarity Act, Regulation, Donald Trump, NewsCertain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.
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Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
16 hours ago
by Olivier Acuna
Finance, NewsShunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it drives the next phase of its expansion.
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The Clarity Act isn't a ticket to sanctions evasion, actually
16 hours ago
by Ari Redbord
OpinionThe bill, as currently drafted, has the power to stop sanctions evasion at scale, argues Ari Redbord, global head of policy at TRM Labs.
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Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
17 hours ago
by Will Canny
Finance, Circle, Stablecoins, NewsThe Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors.
Decrypt
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DeepMind CEO Says AGI Will Be Bigger Than Electricity or Fire
14 hours ago
by Jason Nelson
Artificial IntelligenceDemis Hassabis says artificial general intelligence is only a few years away and proposes a new U.S. standards body to test frontier AI models before release.
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Bitcoin Ticks Up to $64K Following Largest Inflation Slowdown in Six Years
18 hours ago
by André Beganski
MarketsConsumer prices cooled more than expected in June, yet geopolitical tensions continue to cast a shadow over crypto prices
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UK to Defer Capital Gains Tax on DeFi Lending, Liquidity Pool Deposits
19 hours ago
by Decrypt Agent
BusinessMoving crypto into a lending protocol or liquidity pool won’t count as a taxable disposal, deferring the charge until a real cash-out.
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Morning Minute: Saylor's Strategy Hoards Cash, Doesn't Buy BTC
a day ago
by Tyler Warner
OpinionStrategy’s Bitcoin-buying machine stayed in neutral, while BTC and crypto majors chop and oil spikes ahead of a key CPI print this morning.
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US Government Moves $288M in Seized Crypto to Coinbase Prime
a day ago
by Decrypt Agent
CoinsThe seized coins landed at the government's custodian, which stops short of a sale but has revived questions about Trump's no-sell pledge.
AMBCrypto
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Analyzing Ether.fi’s slip amid $8.6B market crash: What’s next for ETHFI?
10 hours ago
by Olayiwola Dolapo
Altcoin, News, Social, Trading ViewSentiment drives Ether.fi's outflows, not structural weakness.
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CZ’s 1.1B memecoin burn sparks buzz – Can it revive fading demand?
11 hours ago
by Muriuki Lazaro
Memecoins, News, Social, Trading View, ambcryptoMemecoin markets remain driven by speculation as demand struggles to recover.
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Stablecoins aren’t just crypto anymore: $400B in 2025 payments has banks on edge
12 hours ago
by Ishika Kumari
Commentary, News, Social, Trading View, ambcryptoAs stablecoin adoption rises and regulations change, will the broader financial system see co-existence or disruption?
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Bolivia includes USDT in payment systems – Tether CEO hails ‘cornerstone’
13 hours ago
by Benjamin Njiri
Global News, News, Social, Trading ViewThe shift follows the government's softer stance on crypto since 2025.
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CFTC says states cannot force Kalshi to cancel executed trades
14 hours ago
by Adewale Olarinde
News, News 1, Social, Trading View, United StatesThe CFTC has blocked Kalshi's proposed trade cancellations and ordered the exchange to fulfil executed contracts involving Michigan residents.