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Crypto

Trump moves to broker late-stage Clarity bill deal as talks stall over ethics provision

U.S. President Donald Trump is set to meet senators to discuss a disputed ethics provision in the Clarity crypto market structure bill. Talks are focused on whether to restrict top officials, including the president, from holding personal business interests in the crypto industry. Democrats say they will not cooperate on a final vote without the clause. Senate leaders aim for floor action before the Aug. 7 work period ends.

AI & Enterprise

Trump blasts New York data centre ban, calls for immediate reversal

U.S. President Donald Trump criticised New York state’s restriction on building large data centres and called for an immediate policy reversal. He said Governor Kathy Hochul’s executive order would hurt jobs and the industrial base. The order blocks new data centres using 50 megawatts or more of power for up to a year. The move comes as AI drives rapid investment while concerns grow over higher utility bills and resource strain.

Crypto

U.S. Clarity bill stumbles at last minute; Naver Financial-Dunamu tie-up stalls

The crypto industry’s main focus is the United States’ Clarity bill, with four weeks left before a Senate deadline amid pressure from House members, late-stage wrangling over ethics provisions, and banks seeking changes to a stablecoin interest clause. XRP dominated attention this week but remained weak versus bitcoin. Bitcoin forecasts stayed mixed. In South Korea, regulators approved Mirae Asset Consulting’s purchase of Korbit, while the Naver Financial-Dunamu deal was delayed again.