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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.
Crypto
U.S. Senate banking panel CLARITY bill lifts bitcoin on hopes of clearer rules
Bitcoin jumped to $81,000 after the U.S. Senate Banking Committee approved the CLARITY bill. The measure passed 15 to 9, mostly along party lines, with two Democrats voting in favor. The bill must still pass the House before going to President Donald Trump if lawmakers agree on a final text. Crypto industry groups broadly support the push for clearer rules, while banks raise concerns over stablecoin rewards and potential deposit outflows.
