Lawmaker warns over CLARITY Act delay
A US lawmaker has warned that delaying the CLARITY Act could slow innovation and weaken the country's leadership in the cryptocurrency industry.
A US lawmaker has warned that delaying the CLARITY Act could slow innovation and weaken the country's leadership in the cryptocurrency industry.
Craig Beattie, CFO of commerical property firm HongKong Land, discusses the company's 11% rise in underlying profit for the first six months of the year, and discusses its outlook and strategy for growth. He speaks exclusively with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Reports said the United States and Iran are making progress towards a new memorandum of understanding, although Tehran has denied that an agreement has been reached.
Sanjeev Rana, head of research at CLSA Securities Korea, believes Hynix's earnings miss was the result of a weak product mix in the second quarter, and he expects "sequential earnings improvement." Meanwhile, KB Financial Group Global Investment Strategist Peter Kim shares his takes on the underlying trends driving the selloff in AI stocks.
Traditional finance perpetual contracts have recorded more than $2 billion in trading volume on crypto exchanges, according to CryptoQuant.
Myanmar's military-backed government has proposed a law that would impose life sentences for people convicted of digital currency fraud.
The Monetary Authority of Singapore (MAS) is tightening oversight of banks' cryptoasset exposures ahead of new Basel banking rules.
Hyperliquid (CRYPTO:HYPE) said a pricing error caused its SK Hynix perpetual contract to fall 17.9%, triggering about $57.4 million in liquidations across 960 long positions.
Visa said stablecoins remain an important part of its long-term growth strategy after reporting its latest earnings.
Galaxy Digital and MARA Holdings have expanded their Texas land holdings to support AI computing and Bitcoin (CRYPTO:BTC) mining facilities.
Kraken is offering eligible retail investors access to the planned Jersey Mike's IPO through tokenised shares and direct IPO allocations.
AmericanFortress has proposed a quantum-safe security system designed to protect cryptocurrency wallets without requiring users to move their funds.