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Crypto
Coinbase to revive Coinbase Pro by year-end, launch Global Exchange platform with Deribit
Coinbase will bring back Coinbase Pro by year-end and will also complete its integration with Deribit under a platform called Coinbase Global Exchange, The Block reported. The revamped Coinbase Pro will offer trading in spot, futures, perpetual futures, options and stocks, alongside faster order routing and advanced tools for high-volume traders. Coinbase said it will connect qualified U.S. customers to overseas crypto derivatives markets via its U.S.-regulated futures brokerage subsidiary.
Crypto
Esper says CLARITY Act is national security bill, urges swift Senate passage
Former U.S. Defence Secretary Mark Esper urged the U.S. Senate to quickly pass the CLARITY Act, calling it a national security bill rather than a financial regulation measure. He argued that regulatory gaps in digital assets could affect U.S. geopolitical influence and security, citing risks from China and North Korea using cryptocurrencies and payment infrastructure to weaken U.S. financial control. Senate action is taking shape ahead of a expected Sept. 15 vote.
Crypto
Money exits AI and flows into crypto stocks as miners slump alone
Funds that had crowded into artificial intelligence infrastructure stocks in the U.S. market moved into cryptocurrency-related shares, lifting the sector broadly. BitMine Immersion Technologies jumped after increasing its ethereum holdings, while Coinbase Global, BitGo and Figure Technology also rose. Strategy gained after building cash buffers, and Circle rose after buying IBM’s blockchain patent portfolio. By contrast, bitcoin mining stocks fell sharply, with analysts citing capex and funding concerns.