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…

Read more on BitcoinMagazine

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,…

Read more on BitcoinMagazine

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…

Read more on BitcoinMagazine

Dubai-Based Emirates Airline Adds Bitcoin And Crypto Payments

People can now pay with Bitcoin to buy flights from Dubai-based airline Emirates. 

Working with Crypto.com, Emirates said Tuesday the customers now have the option to book flights using the crypto exchange’s payment feature.

Crypto.com and Emirates last year announced they would work together. 

Emirates’ Deputy President and Chief Commercial Officer Adnan Kazim said the move “reflects the rapidly evolving preferences of a younger, digitally fluent generation who manage their money and plan their journeys primarily from their phones and they expect the airlines they fly with to keep pace.”

Emirates first teased plans back in 2022 to implement Bitcoin payments;…

Read more on BitcoinMagazine

Bitcoin Dips As Clarity Act Hopes Fade

Bitcoin’s price slid further on Tuesday as investors weighed up the chances of lawmakers voting on the long-awaited crypto Clarity Act. 

The price of Bitcoin was recently $63,634 after sliding 2% over a 24-hour period. The cryptocurrency dropped as low as $62,784 at one point. 

Market observers now give the Clarity Act a 35% chance of getting signed into law this year on crypto betting platform Polymarket. 

While major financial institutions like Fidelity and Goldman Sachs have thrown their weight behind the new bill, some Democrats are still unhappy with it in its current form. A group of Democrats last week said in a statement that the bill in its current form falls…

Read more on BitcoinMagazine

I Scanned The Entire Bitcoin Blockchain For Images. What I Found Will Shock You

I scanned the Bitcoin blockchain for images; what I found will shock you. Much has been said online about the arbitrary data and content that can be found on the Bitcoin blockchain. Not only has this possibility spawned a niche art scene, but it has also led to a movement against ‘non-monetary transactions’ on the Bitcoin network. Were you to hear from one of its proponents or detractors, you’d figure the blockchain is basically a wall filled with graffiti. 

Well, I decided to put the question to the test: are there actually images on the blockchain? And what does this actually mean for Bitcoiners simply trying to run their own full node and maximize their financial…

Read more on BitcoinMagazine

The Truth About Net Bitcoin Per Share And Accretion

Strategy initiated open-market repurchases of STRC last week (July 20 through July 26, 2026), buying 288,930 shares for ~$25 million at an average price of $86.52. Notably, the company bought no Bitcoin and continued to grow its cash reserve. 

So what is going on here? Why is the largest Bitcoin treasury company buying back its credit? 

Context 

In June 2026, STRC fell far below the $100 stated amount. Check out these two articles for some in depth analysis about what exactly happened: 

Last week’s STRC buyback follows Strategy’s Digital Credit Capital Framework, announced on June 29 in response to the June volatility, which authorized up to $1 billion of…

Read more on BitcoinMagazine

Core Scientific Adds More Bitcoin To Balance Sheet In Q2

Nasdaq-listed miner Core Scientific is rebuilding its Bitcoin treasury after seeing its balance sheet shrink at the start of this year. 

In a regulatory filing Tuesday, the miner said it had a total of 848 Bitcoins — worth over $54 million at today’s prices — after finishing the first quarter of this year with 547 Bitcoins. 

Core Scientific finished 2025 with 2,537 but started aggressively selling coins to fund its transition to the AI and high-powered computing industry. 

But the miner has started stacking Bitcoin again, using coins from mining, in order to have a strong balance sheet. It added 301 coins this quarter alone. 

Selling Bitcoins can reduce reliance on equity…

Read more on BitcoinMagazine

Bank Of Russia Creates New Rules For Crypto Trading

Russia’s central bank on Monday published draft regulations for the trading of digital currencies. 

The Bank of Russia released the changes to its “organized trading” rules, including the term “digital currency” throughout. 

The new rules are for organizations like crypto exchanges, which now have to report digital assets into their existing systems for pricing, monitoring and reporting — using the same processes they already run for regular currencies and securities.

NEW: 🇷🇺 Bank of Russia says it has drafted “first regulations to launch cryptocurrency market in Russia.” 👀

“The Bank of Russia has created conditions for organised trading in digital currencies…

Read more on BitcoinMagazine