The CLARITY Act is stuck in Washington limbo, with John Thune ruling out a Senate vote before the August recess as ethics disputes, enforcement fights, and stablecoin reward backlash from banks grind momentum to a halt. The bill isn’t dead — just badly jammed.
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Bitcoin is showing early signs of a bottoming process, but weak ETF demand, tight macro conditions, and leverage risk are still holding back a real recovery. Coinbase and Glassnode see improving onchain structure — just not enough to call victory yet.
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A major police union has dropped its opposition and backed the CLARITY Act, saying revised language no longer blocks crypto crime-fighting powers. But the exact changes remain murky, and with the Senate clock running down, passage still looks far from guaranteed.
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Samsung Wallet has confirmed a U.S. Coinbase integration and in-app crypto access, but stablecoin support remains unverified. The move is real, the hype is not: Samsung may be building a bigger crypto gateway, not a native on-chain wallet.
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Nine Bitcoin-linked firms have formed a $15 million consortium to fund quantum-resistant research, with post-quantum cryptography as the first priority. Bitcoin isn’t broken today, but the group says preparing for a long-term cryptographic threat beats waiting for a nasty surprise.
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Poolin is in Chapter 11, but its Texas bitcoin mining sites are drawing a $52 million bid from AI-focused buyers who want the power and grid access, not the rigs. The bankruptcy also leaves Wallet customers still waiting on frozen balances.
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Zhibao is proposing a rare BTC-settled PIPE that could put 3,500 Bitcoin, worth about $220 million, on its balance sheet. But the deal is still non-binding, and the bigger catch may be investor-side board control if the financing closes.
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Samsung is bringing stablecoin support to Samsung Wallet, potentially putting crypto payments inside a phone ecosystem used by millions. The move could boost mainstream adoption fast — but key details like tokens, networks, timing, and partners are still missing.
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Senate talks on the Clarity Act are moving again, but Trump ethics language is clogging the gears. Democrats want tougher enforcement, Republicans want a narrower fix, and the bill still needs 60 votes before August recess or it risks becoming more Washington vaporware.
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The CLARITY Act could change crypto law, but not overnight. Some protections and classifications would kick in fast, while the real market framework would still depend on months or years of SEC and CFTC rulemaking. In other words: progress, yes — instant certainty, no.
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