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Crypto

Clarity Act vote set for Sept. 15; French Hill says bipartisan passage expected

The U.S. Congress is set to vote on the crypto market structure Clarity Act on Sept. 15, with bipartisan cooperation seen as the key variable. Republican Representative French Hill said passage before the midterm elections would require Democrats and Republicans to work together and that the parties have narrowed differences over drafting. Debate has been delayed by conflicts over stablecoin customer yields and a new ethics-focused draft.

Crypto

U.S. SEC chair says expects Clarity bill to pass Senate this month

U.S. Securities and Exchange Commission chair Paul Atkins said he expects the \"Clarity\" bill, which sets standards for classifying cryptocurrencies, to pass the Senate this month. He said a vote is scheduled for Sept. 15 and he hopes the bill will be signed by the president. Atkins said regulators are modernising rules for the blockchain era, while the SEC and CFTC continue to build policy frameworks separately from legislation.

Telecommunications & Media

Global OTT rules shift as bundling gains momentum

Bundling that packages rival companies’ content on a single streaming platform is gaining pace in the global OTT industry. Amazon has enabled Prime Video users to subscribe to services such as HBO Max and Apple TV via its app, and YouTube and Roku are stepping up efforts toward one-stop TV viewing. YouTube will bundle NBCUniversal’s Peacock for Premium subscribers. Netflix has also moved to integrate France’s TF1 and is discussing options to offer Peacock and Fox One.