Auto Added by WPeMatico

Garlinghouse Backs Bessent’s CLARITY Act Case Ahead of Senate Vote

Ripple CEO Brad Garlinghouse backed Treasury Secretary Scott Bessent’s case for advancing the CLARITY Act, arguing the final compromise deserves Senate support. Bessent says the bill gives Treasury tools to…

Continue ReadingGarlinghouse Backs Bessent’s CLARITY Act Case Ahead of Senate Vote

Bessent Urges Senate to Advance Clarity Act Ahead of Tuesday Vote

Treasury Secretary Scott Bessent urged senators to advance the CLARITY Act before Tuesday’s scheduled procedural vote. The measure would establish federal digital asset rules, but unresolved political divisions leave its…

Continue ReadingBessent Urges Senate to Advance Clarity Act Ahead of Tuesday Vote

Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline

Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar…

Continue ReadingIran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline

‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields

Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady a rattled long-term Treasury market and bitcoin…

Continue Reading‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields

Russia Goes After Durov, Bessent Slams CLARITY Opponents, and More – Weekly Recap

This week’s stories mixed Bitcoin history, U.S. regulation, new financial markets, DeFi consolidation, and geopolitical pressure. Satoshi Nakamoto’s famous “I don’t have time to try to convince you” line turned…

Continue ReadingRussia Goes After Durov, Bessent Slams CLARITY Opponents, and More – Weekly Recap