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Crypto

U.S. Clarity Act fate pushed to Aug. 6 as Trump memecoin ethics fight continues

The U.S. Senate vote on the Clarity Act, a crypto market structure bill, has been pushed to Aug. 6 local time. Opposition from law enforcement has eased, with NOBLE backing the bill and MCSA shifting to a neutral stance. Disagreement over ethics provisions persists, after President Donald Trump’s financial disclosure listed more than $1 billion in crypto-related income, including over $600 million from the TRUMP memecoin.

Crypto

BitGo cuts 15 percent of workforce to focus on AI and stablecoins

BitGo is cutting about 15 percent of its workforce as it reshapes its business capabilities around trading, stablecoins and artificial intelligence. Co-founder and CEO Mike Belshe (마이크 벨시) said the decision was difficult, citing major changes in the crypto ecosystem and how financial services are built. BitGo did not disclose the number affected. It had 603 full-time employees as of Dec. 31, 2025, implying about 90 jobs. Belshe said no further cuts are planned.