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Crypto

Seven U.S. Democratic senators oppose release of current CLARITY bill draft, call for fixes to key provisions

A U.S. Senate crypto market structure bill known as the CLARITY bill faces public opposition from seven Democratic senators, clouding prospects for passage this year. The senators said the current draft fails to adequately address key issues including ethics rules for elected officials, consumer protection, illicit finance prevention, conflicts of interest and market integrity. Republicans released a revised draft the same day, while party leaders said they plan to proceed with a vote soon.

Crypto

Robinhood Chain memecoin launchpad Vlad.fun halts operations over internal integrity issues

Vlad.fun, a memecoin launchpad built on Robinhood Chain, has halted operations after confirming a serious integrity issue within its team. The platform was taken offline to investigate the incident and to consider legal action against those responsible. Vlad.fun said the issue involved its own team members but did not disclose the nature of the alleged violations. It also warned that a token bearing its name was not an official token.

Crypto

Made in USA adopts XRPL for supply chain verification infrastructure

Made in USA Inc., a U.S. supply-chain certification company, has integrated the XRP Ledger into its core technology infrastructure, positioning it as a base technology for supply-chain verification and product authentication in the United States. The company disclosed the integration in a Form 8-K filed with the U.S. Securities and Exchange Commission related to an acquisition of intellectual property and technology assets in an all-stock transaction valued at $25 million, with no cash involved.