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Nigeria Senate Pushes Crypto Bill to Committee, Setting Up 4-Week Review Phase

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The Nigerian Senate has advanced a major cryptocurrency regulation bill through a second reading, moving the country closer to its first comprehensive legal framework for digital assets. Legislative Progress and Next Steps Nigeria’s Senate on June 9 passed a cryptocurrency regulation bill through a second reading, moving Africa’s largest economy closer to establishing its first … Read more

Humanity Protocol’s H crash exposes the private keys behind its ZK identity pitch

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Amid crypto’s ongoing DeFi hack crisis, Humanity Protocol’s H token crash has turned a biometric identity project into the latest example of the sector’s oldest failure mode: control of keys. The project is built around proof-of-humanity infrastructure, with official materials describing palm biometrics, zero-knowledge proofs, decentralized identifiers, and verifiable credentials as parts of a privacy-preserving … Read more

CFTC Chairman Selig Backs Prediction Markets With New Case-by-Case Framework

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The U.S. Commodity Futures Trading Commission (CFTC) published a Notice of Proposed Rulemaking on Wednesday, laying out a structured, contract-by-contract review process for event contracts that may involve terrorism, war, gaming, or other restricted activities under federal law. The move replaces an approach that prior CFTC leadership had tried and failed to advance. In 2024, … Read more

CLARITY Act momentum slows to a crawl as lawmakers clash over crypto ethics rules

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Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an “about-face” by GOP members and the White House on a prior enforcement agreement. The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements. As Punchbowl News and … Read more

61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections

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A coalition of 61 industry leaders, founders, and investors is urging Senate leaders to pass the CLARITY Act while preserving key developer protections. The push follows Senate Banking Committee approval of the Blockchain Regulatory Certainty Act (BRCA) that would clarify rules for developers and service providers. Developer Protections Move to Center of US Crypto Regulation … Read more

Coinbase, Ripple Join 200+ Organizations Pressing Senate for CLARITY Act Floor Vote

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Coinbase, Ripple, and more than 200 organizations are pushing Senate leaders to bring the CLARITY Act to a floor vote. Supporters say the bill would clarify crypto oversight, create registration paths, and keep more digital asset activity under U.S. law. Crypto Coalition Turns Senate Pressure Toward a Floor Vote Washington’s digital asset debate has moved … Read more

Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets

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Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for … Read more