FATF urges faster crypto AML enforcement as stablecoin crime increases
The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce crypto AML rules.
ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim
ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of decentralized finance, saying institutions will increasingly rely on DeFi rails.
US Senate unanimously adopts resolution opposing clemency for SBF
The Senate approved a resolution opposing clemency for former FTX CEO Sam Bankman-Fried as prediction markets put the odds of a Trump pardon by July 31 below 1%.
Bitcoin realized losses appeared to be copying a reversal structure that marked previous bear-market bottoms, with $69,000 a new BTC price battleground.
Robinhood Chain memecoin launchpad Vlad.fun halts after ‘internal integrity’ issue
Vlad.fun suspended its platform after discovering a “serious internal integrity issue” involving members of its team, without disclosing the nature of the alleged misconduct.
Trump to meet with senators over CLARITY Act on Thursday: Politico
US President Donald Trump is set to meet with several senators on Thursday as negotiators race to get the CLARITY Act across the line before the Senate’s August recess.
Base’s social bet left it trailing in prediction markets and perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving crypto adoption.