The White House is meeting with law enforcement groups to address concerns about illicit finance and developer protections in the Digital Asset Market Clarity Act, which is nearing a Senate floor vote after passing the Senate Banking Committee. The bill aims to clarify federal oversight of digital assets and protect software developers who do not handle customer funds, but law enforcement worries these protections might hinder crime investigations. Over 200 crypto firms, including Ripple and Coinbase, support the bill, urging a full Senate vote to keep crypto innovation in the U.S. Key issues like anti-money laundering safeguards and ethics provisions remain unresolved as lawmakers work to finalize the legislation before the 2026 election season.
Ripple Prime, Ripple Labs' institutional division, now processes $3 trillion annually, serving over 300 institutional clients like hedge funds and banks. This milestone highlights growing institutional use of Ripple's services, mainly through its RLU...
Cryptocurrency markets experienced varied price changes, with Bitcoin rising 1.81% to $66,529 and Ethereum increasing 1.41% to $1,924.58. Other notable gains include ADA up 4.95% and AAVE up 7.02%, while some coins like DEXE dropped sharply by 71.78%...
Russia's Parliament approved the Digital Currency and Digital Rights Law, establishing a legal framework for licensed crypto businesses effective September 2026. The law allows the Bank of Russia to license exchanges, brokers, asset managers, custodi...
The U.S. Senate is targeting July 23 for a vote on the CLARITY Act, a bill that would clarify regulatory oversight of digital assets by defining which fall under the SEC or CFTC. This legislation could reclassify XRP as a commodity, resolving its lon...
XRP has broken above a 66-day descending trendline, signaling a potential end to its prolonged downtrend and a return of bullish momentum. Analysts highlight that holding above the $1.13 resistance, now acting as support, is key for XRP to target the...
