Category: crypto

Bill Hughes believes that clear rules for cryptocurrencies could lead to more trading activity on US-based platforms. The CLARITY Act aims to define when digital assets are considered securities or commodities. The Senate faces a tight timeline to review the bill before the August recess. Banking groups are pushing back against the bill over stablecoin…

Avalanche founder Emin Gün Sirer warns that Bitcoin may face security issues in the future as miner rewards decrease with each halving. Up to 20% of Bitcoin miners may become unprofitable, leading to debates on whether transaction fees can replace shrinking block rewards. Sirer suggests using a pre-consensus layer to address the issue.

Michael Saylor clarified that Strategy may sell Bitcoin but will continue to be a net buyer over time. Despite facing pressure from dividend costs and criticism from Peter Schiff, Strategy’s main treasury asset remains Bitcoin. Saylor emphasized that any Bitcoin sales would support a larger accumulation strategy, not a retreat from their plan.

SEC Commissioner Hester Peirce highlighted the growth of commercial prediction markets during a speech on May 8. She noted that these markets have seen significant growth and show no signs of slowing down. The SEC has also shown a softer approach towards crypto under the leadership of Chair Paul Atkins, with a focus on clearer…

South Korean investors reduced their crypto holdings from $83.3 billion to $41.4 billion in a year, with trading volume on major exchanges decreasing. They shifted towards stocks due to a strong market run, while new AML checks and a 2027 crypto tax may impact local exchanges. Stablecoins also saw fluctuations.

Coinbase x402 is now integrated with Amazon Bedrock AgentCore, allowing AI agents to make payments in USDC without human involvement. The system settles transactions quickly and securely, with enterprise controls and compliance checks. The x402 protocol has processed millions of payments and is supported by AWS, Coinbase, and others.

Connecticut SB5, one of the most comprehensive state AI laws in the US, passed on May 1. It covers AI companions, synthetic media transparency, automated employment decision tools, and frontier model developers. The law takes effect from October 2026 and defies federal pressure despite Trump’s executive order urging states to avoid burdensome AI regulation.

The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio. The files, posted at war.gov/ufo, cover sightings from 1942 to 2025, with notable documents including Apollo mission images and audio recordings. Defense Secretary Pete Hegseth confirmed more files will follow with ongoing investigations.

The US banking lobby is pushing to stall the CLARITY Act, rejecting a stablecoin yield compromise proposed by Senators Tillis and Alsobrooks. Senators Lummis and Tillis defend the compromise, warning that banking opposition may aim to kill the bill. The bill has bipartisan support, but faces challenges in the Senate.

MoonPay, Ripple, and Paxos executives at Consensus Miami 2026 discussed how stablecoin regulation has increased institutional adoption but identified infrastructure and privacy gaps hindering mainstream use. The GENIUS Act accelerated traditional finance involvement in stablecoins. Ripple emphasized the need for utility beyond market capitalization, while Paxos highlighted unresolved privacy issues.