Professional Law Enforcement Group Backs Crypto’s CLARITY Act

More support has been thrown behind the Clarity Act as lawmakers rush to get the long-awaited bill over the line. This time from the Major Cities Chiefs Association. 

The nonprofit — made up of police chiefs from major U.S. cities — said Thursday that it was happy with how the bill addresses financial crime. 

Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 

JUST IN: 🇺🇸 Pro organization of police executives representing the largest cities in the U.S. now officially endorse the passage of the Clarity Act:… Read more on BitcoinMagazine

NYSE-Listed AI Company Taps Lightning Network To Pay Employees In Bitcoin

Publicly traded AI operating system Vida Global (NYSE American: VIDA) has said it has started paying employees in Bitcoin using the Lightning network — but in a way where the company does not have the leading crypto on its balance sheet. 

The Austin, Texas-based company said Thursday that after a worker in Argentina asked to be paid in Bitcoin, the firm tapped Bitcoin infrastructure company Voltage to make the transaction. 

But the company is not keeping Bitcoin on its books: it simply sends the cash amount via Voltage’s platform, the employees receive payment in Bitcoin, and Vida’s balance sheet remains in dollars. 

“Vida has a global team, including team members in…

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Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions

Bitchat, Jack Dorsey’s censorship-resistant, Bluetooth-enabled messaging app, has gone viral again, this time due to the Indian Government trying to get it banned from GitHub. In this latest round of authoritarian measures versus decentralized technologies, Bitchat has won. 

In July 2025, Jack Dorsey announced a new messaging application he described as a weekend project. The app, called Bitchat, was designed to work without internet access, phone numbers, user accounts, or central servers. It relied instead on Bluetooth mesh networks for local communication and the Nostr protocol for wider reach.

A year later, that same application became the subject of a formal takedown request…

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Spanish Bank Banco Santander Reveals $4.3M Bitcoin Position

Spain’s largest bank, Banco Santander, has revealed a $4.3 million investment in Bitcoin. 

According to a Securities and Exchange Commission filing, the Madrid-based bank bought the exposure via BlackRock’s iShares Bitcoin Trust — a total of 129,615 shares. 

The filing is the latest example of a traditional institution seeking exposure to the biggest cryptocurrency by market cap. 

Over the past year, Santander’s digital bank, Openbank, has allowed customers to buy Bitcoin and other cryptocurrencies and began a more friendly approach to marketing digital assets to customers. 

BlackRock’s Bitcoin Trust (IBIT) allows investors to buy exposure to Bitcoin…

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Senator Cynthia Lummis Slams Democrats Over Clarity Act

Pro-crypto Senator Cynthia Lummis on Wednesday slammed Democrats for holding back the Clarity Act. 

Speaking on the Senate floor, Senator Lummis, of Wyoming, spoke of the bipartisan work that had gone into the bill — but questioned why it was stalling. 

Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 

JUST IN: 🇺🇸 Republican Senator Cynthia Lummis calls out the Democrats for holding up the Clarity Act:

“After nearly 11 months of giving almost everything asked of us, I genuinely don’t know what else my Democrat colleagues need…

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Bitcoin Barely Budges As Fed Keeps Interest Rates Unchanged

Bitcoin was trading higher on Wednesday — but only slightly — after the Federal Reserve decided to keep interest rates still. 

The leading cryptocurrency was recently priced at close to $64,402 per coin, after moving up by nearly 1% in the hour following the announcement. 

As expected, the U.S. central bank left the federal funds rate in the 3.50%-3.75% range. Three of the 12 members of the policy-setting Federal Open Market Committee “preferred” a quarter-percentage-point hike at this meeting. 

Speaking to the press following the announcement, the Fed’s new Chair, Kevin Warsh, revealed little about where the central bank would go next. 

“The Fed’s on…

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Democratic Senator Backs Clarity Act — With Proposed Changes

Bipartisan work on the long-awaited Clarity Act continues after Democratic senator Catherine Cortez Masto said that she, along with two law enforcement groups, are feeling “good” about proposed changes to the bill, according to a news report. 

Along with the National Association of Assistant U.S. Attorneys and the National District Attorneys Association, Cortez backed changes to the bill and said they felt positive about “the chance to resolve this issue once and for all,” according to a POLITICO report.

The changes were sent to the White House. A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed…

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Banking Lobby CEO Talks Crypto Clarity Act As Senators Race To Pass Bill

The CEO of the American Bankers Association, Rob Nichols, has said that the banking lobby wants the Clarity Act to succeed — but small edits to the bill still need to be made.

Speaking on CNBC’s Squawk Box show Wednesday, Nichols said that while there is a “lot of good” in the Clarity Act, the issue around stablecoins and local lending needs to be fixed. 

JUST IN: 🇺🇸 American Bankers Association CEO tells CNBC “There’s a lot of good in the Clarity Act” 👀

“I do think that the crypto and the banking sectors can coexist. I think we can be the crypto capital of the world.”

“We’re working with the Senators” on this bill. pic.twitter.com/3SldlEBEOS

— Bitcoin Magazine… Read more on BitcoinMagazine

Pass Clarity Act Or Lose Ground To Singapore, UAE

Crypto investment firm Digital Currency Group is the latest big name to throw its weight behind the Clarity Act. 

In a statement posted Wednesday, the conglomerate said that the current draft of the long-awaited bill “offers exactly the kind of certainty our industry needs to grow and thrive responsibly.”

A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 

“The bill is the product of serious negotiation and reflects genuine compromise from industry,…

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SEC Chairman Wants To Advance Crypto Clarity Act

Securities and Exchange Commission Chairman Paul Atkins has thrown support behind the long-awaited crypto market structure bill. 

Writing on X Tuesday, the chief of Wall Street’s biggest regulator said that he was “committed to supporting Congress in advancing” the bill. 

A number of lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. 

JUST IN: 🇺🇸 SEC Chair Paul Atkins says he will support Congress in passing the Clarity Act:

“I am committed to supporting Congress in advancing the CLARITY Act, including providing technical…

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