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Crypto

U.S. SEC commissioner predicts Clarity Act passage this summer as crypto regulation may accelerate

U.S. Securities and Exchange Commission Commissioner Hester Peirce predicted that the Clarity Act, aimed at establishing a crypto regulatory framework, could pass this summer. The bill has cleared the House and awaits Senate action. Peirce said it would create federal oversight for the crypto spot market and divide authority between the SEC and the CFTC. SEC Chair Paul Atkins also signaled a pro-market reform agenda and a shift toward supporting digital-asset innovation under U.S. law.

Crypto

CLARITY Act fate hinges on next 2 weeks as U.S. Senate enters last-ditch talks

The CLARITY Act, a key U.S. digital asset market structure bill, faces a critical test as the Senate enters a July 4 recess and negotiations move behind closed doors. Senators return on July 13, but floor time may be squeezed by plans to prioritise the National Defense Authorization Act. Passage hinges on securing 60 votes, including Democratic support. Key disputes include ethics rules tied to President Donald Trump’s crypto holdings and provisions affecting law enforcement authority.

Crypto

Strategy may be urged to sell $3 billion worth of bitcoin as STRC dividend burden grows

Strategy, formerly MicroStrategy, may need to dispose of $3 billion worth of bitcoin to ease financial pressure, a view raised as its market valuation deteriorates. Grayscale research chief Jack Pandl said monetising part of its holdings could be the most realistic option if STRC preferred dividends rise. Others said current pricing reflects expectations of limited bitcoin sales, while some argue concerns around STRC are overstated given its structure and long-dated convertible features.