CrispyBull

The latest CLARITY Act update shows further delays in releasing revised draft text as lawmakers continue debating stablecoin yield rules. With the bill pulled from the Senate markup schedule, timing now depends on resolving key policy disagreements and industry pressure.

eToro is acquiring crypto wallet provider Zengo to expand its digital asset capabilities. The move adds self-custody tools and positions the platform for broader onchain use cases. It signals a shift beyond trading toward direct crypto ownership.

A class action lawsuit accuses Circle of failing to freeze stolen USDC during the Drift Protocol exploit. Plaintiffs say funds moved across chains despite available controls. The case could shape expectations for how stablecoin issuers respond to active security incidents.

X has rolled out cashtags in the U.S. and Canada, bringing real-time crypto and stock charts directly into the social feed. While the feature focuses on market data and discovery, a limited Wealthsimple integration in Canada hints at broader financial ambitions.

Kraken has confirmed its confidential IPO process remains active despite earlier pause reports. A $200 million investment from Deutsche Börse signals institutional confidence, but also reflects a lower valuation. Market conditions will likely determine the timing of any public debut.