2d ago
Grayscale Outlines Next Steps and Obstacles for the CLARITY Act After 15-9 Vote
Grayscale said the CLARITY Act still faces multiple procedural hurdles after the Senate Banking Committee advanced the bill on May 15 by a 15-9 vote. The proposal must be merged with the Digital Commodity Intermediaries Act and then reconciled with the House-passed version from last July. If Republicans stay united in the full Senate, passage would likely require at least seven Democratic votes.
BNB
BNB-0.21%
2d ago
2d ago
Senate Banking Committee Advances CLARITY Act as A16z Says US Risks Lagging MiCA
On May 14, 2026, the Senate Banking Committee voted to advance the Digital Asset Market CLARITY Act, moving the U.S. closer to a comprehensive crypto market-structure law. A16z Crypto's general counsel Miles Jennings said the bill would clarify SEC vs. CFTC oversight and build on the GENIUS Act's July 2025 stablecoin framework. The legislation next heads toward a full Senate vote, with further steps required in the House and a presidential signature to become law.
BTC
BTC+0.41%
2d ago
5-17
Binance Research says US$75B+ in illicit crypto remains stuck on-chain as of May 13, 2026
Binance Research said data current as of May 13, 2026 shows more than US$75B in illicit crypto remains trapped on-chain, even though such activity stays below 1% of total transaction volume. The report argues tighter KYT/KYC checks, stablecoin freezes and seizures have narrowed exit routes, while mixer capacity is capped at about $10M per day, implying a multi-decade backlog if mixers were the only outlet.
BTC
BTC+0.41%
5-17
5-16
THORChain confirms $10M exploit and opens recovery portal with June 4 claim deadline
THORChain confirmed a $10 million exploit and introduced a self-custodial recovery portal that lets impacted users revoke malicious token approvals and file refund claims backed by an equally sized refund pool. The portal says the incident was detected at 02:14 UTC on May 11 and ultimately involved 36.75 BTC (about $3 million) plus roughly $7 million in tokens across BNB Chain, Ethereum and Base, affecting 12,847 wallets. Users have 21 days to submit claims, with the window closing on June 4.
BTC
BTC+0.41%
5-16
5-16
Entain’s counsel urges six Premier League clubs to use UK-licensed sponsors for 2026/27
Entain general counsel Simon Zinger sent letters dated May 15 to six Premier League clubs, asking them to commit to UK-licensed gambling shirt sponsors for the 2026/27 season. The letters raised concerns about Stake's "heavy reliance on cryptocurrency" and alleged BJ88 uses "unregulated payment methods like cryptocurrency" to avoid oversight, while noting several clubs' current sponsors lack UK Gambling Commission licensing.
BTC
BTC+0.41%
5-16