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Crypto

Clarity bill pushed to September as bitcoin sets August high

The crypto industry’s main focus was the U.S. Senate’s Clarity Act, but a vote before the August recess fell through and consideration moved to September. A White House crypto adviser blamed Democrats for the delay, while the industry voiced disappointment and warned of widening regulatory gaps. Despite uncertainty, bitcoin climbed above $65,300 to an August high and held above $65,000, with institutional buying continuing. Altcoins moved unevenly as technical and policy risks resurfaced.

Crypto

Regulators watch securities firms’ digital asset ties as platform integration spreads

South Korea’s financial authorities are stepping up checks on the “separation of finance and virtual assets” principle as ties between securities firms and digital asset exchanges broaden from equity investments to service partnerships and acquisitions. The Korea Financial Investment Association sent guidance to brokerages at the request of the Financial Supervisory Service, warning services could be limited if they violate the principle or amount to outsourcing. Deal structures, platform links and customer data use remain key areas without clear detailed criteria.