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Crypto
US crypto industry\'s \'Clarity Act\' faces risk of failing this year
Prospects for passing the U.S. crypto market-structure bill known as the Clarity Act this year have become shakier in September, with industry pessimism rising. The Senate has scheduled a procedural vote on Sept. 15, but final passage would still require floor debate and further negotiations. Key disputes include stablecoin rewards and ethics provisions tied to President Donald Trump and his family’s crypto interests. Even if it fails, some expect limited immediate impact as regulators take a friendlier stance.
Crypto
XRP jumps 15 percent, market cap up more than $10 billion to overtake USDC for No. 5 spot
XRP rose about 15 percent over the past 24 hours to trade at $1.26, lifting its market value by more than $10 billion to $72.77 billion and pushing it to fifth in crypto market-cap rankings, ahead of USDC. The broader market also gained, reaching $2.41 trillion. Analysts cited expectations of improved liquidity, large short-position liquidations and possible U.S. policy shifts.
Crypto
Wemix lists on U.S. crypto exchange Kraken, steps up push into Western markets
Wemix, a virtual asset issued by the Wemix Foundation, has officially listed on the U.S. cryptocurrency exchange Kraken, the industry said on Tuesday. The listing allows Kraken users worldwide to trade Wemix in U.S. dollars. The company aims to expand its real-world asset initiative and attract new ecosystem participants using global capital. Wemix also highlighted StableNet and the GAKS alliance as part of its infrastructure buildout.
