Lummis Says Senate Nears Final Push on Landmark Crypto CLARITY Act

The post Will a $189M Lobbying Campaign Result in Crypto CLARITY? appeared on BitcoinEthereumNews.com. The crypto industry has spent years convincing Washington that it deserves a seat at the table. Now, as Congress inches toward passing the CLARITY Act, a long-awaited crypto market structure bill, it seems it finally has one. The question is no longer whether lawmakers are listening to digital asset advocates, but whether the crypto lobby’s deep pockets and influence in election campaigns will be enough to get the legislation over the line. That debate comes as Senate negotiators work toward a potential floor vote before Congress breaks for its August recess.  In a June 25 thread on X, Kristin Smith, president of the Solana Policy Institute and former chief executive of the Blockchain Association, argued that crypto’s advocacy operation is “the strongest and most sophisticated it has ever been.” She pointed to bipartisan negotiations, daily meetings with lawmakers, and what she descri

Robinhood Chain's rapid TVL growth highlights the increasing mainstream adoption of DeFi, potentially reshaping traditional finance landscapes. The post Robinhood Chain TVL surpasses $10M as Lighter integration gains traction appeared first on Crypto Briefing.

Robinhood's rapid stablecoin growth signals a shift in DeFi competition, challenging established players and attracting new users to its ecosystem. The post Robinhood’s stablecoin market cap surpasses $270M, up 100% in a week appeared first on Crypto Briefing.

The post SLX USDT Listing: OKX Spot Trading Launch Details appeared on BitcoinEthereumNews.com. OKX is adding the SLX/USDT listing to its spot trading markets on July 10, 2026 — bringing Solstice, a DeFi yield layer protocol, onto one of the world’s most active crypto exchanges. For traders watching the DeFi yield space, the timing and structure of this rollout are worth understanding closely before the market opens. Key takeaways SLX deposits open at 02:00 UTC on July 10, 2026, with spot trading starting at 12:00 UTC the same day. A one-hour pre-open trading window runs from 11:00 to 12:00 UTC, subject to index-based price limit controls. SLX withdrawals become available at 14:00 UTC on July 10, 2026. Solstice is a yield layer protocol designed to bring institutional-grade onchain yield products to DeFi composability. The SLX token contract is SLXdx4BUt2v9uJQNzWqSfzTJ9UKLUDsvxHFMEEdrfgq. OKX Lists SLX/USDT for Spot Trading The SLX/USDT pair goes live through a structured four-stage ro

The post ‘Walled off’ – Hyperliquid, Phantom press CFTC for 3 DeFi demands appeared on BitcoinEthereumNews.com. Hyperliquid and Solana-based wallet Phantom have urged the U.S derivatives market regulator, Commodity Futures Trading Commission [CFTC], to modernize its regulations.  Source: HPC In a letter sent to the CFTC, the DeFi players requested three things. First, the agency should not treat a non-custodial software developer (users control funds, not the platform) as a broker. In other words, creating on-chain protocols should not automatically trigger CFTC registration as an exchange or clearinghouse. Put plainly, they want developer protections.   Second, the no-action relief granted to self-custodial wallets, as issued to Phantom in March 2026, should be made formal guidance. An industry coalition made a similar argument and pushed in April. If adopted, non-custodial DeFi front-ends like Phantom would not need broker-dealer or exchange registration to handle even U.S tokenized

The post DAMCA Senate Vote: Ethics Fight Threatens Passage appeared on BitcoinEthereumNews.com. Clarity Act News: A unified draft of the Digital Asset Market Clarity Act, merging work from the Senate Banking and Agriculture Committees, may be released as soon as next week, with advocates expecting the legislation to reach the Senate floor during the week of July 20. The merged text is said to have grown by more than 70 pages relative to prior versions, reflecting extensive committee-level negotiations, and places additional weight on consumer protections. This is not simply a procedural update. It is a narrow-window pressure test for whether a crypto market-structure framework can survive the Senate’s 60-vote threshold before summer recess forecloses the legislative calendar entirely. Clarity Act News: The Ethics Stalemate and What the AG Enforcement Clause Actually Said The bill’s central unresolved fault line remains ethics restrictions. Senate Democrats have demanded language barrin

The post Robinhood Chain did $570M volume on $21M of liquidity. The launch-week autopsy appeared on BitcoinEthereumNews.com. Robinhood built a blockchain for tokenized stocks and institutional-grade real-world assets. In its first week, the chain did $570 million of volume against $21.68 million of liquidity, a 26-to-1 ratio that exists nowhere else in DeFi, and most of it was memecoin speculation. This is the launch-week autopsy: what the numbers actually show, what the chain was built for versus what it is being used for, and whether bought liquidity and degen volume can become a real economy. Summary Robinhood Chain processed $570 million in launch week trading volume with just $21.68 million in liquidity as memecoin activity dominated early network usage. The blockchain launched for tokenized stocks and real world assets but early growth was driven largely by incentive backed DeFi deposits and speculative trading. The report says Robinhood’s long term success will depend on whether

Robinhood built a blockchain for tokenized stocks and institutional-grade real-world assets. In its first week, the chain did $570 million of volume against $21.68 million of liquidity, a 26-to-1 ratio that exists nowhere else in DeFi, and most of it…