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Industry

L&F signs LFP cathode supply deal with U.S. defense battery firm Coreshell

South Korean cathode materials maker L&F said on Tuesday it signed a mid- to long-term supply contract for lithium iron phosphate (LFP) cathode material with U.S. battery technology company Coreshell Technologies. L&F said it has a non-China LFP supply chain that meets requirements including OBBB and the U.S. National Defense Authorization Act. It said the deal expands LFP applications from energy storage systems to mobility and defense.

Crypto

US Clarity Act faces four-week test as prediction market sees 32 percent chance of passage by end-2026

Expectations and uncertainty are rising over the U.S. crypto market structure bill known as the Clarity Act. Former House Financial Services Committee chairman Patrick McHenry called it the most important technology legislation since the 1996 Telecommunications Act, but prediction markets put the chance of enactment by Dec. 31, 2026 at 32 percent. A key variable is an ethics provision limiting crypto-related profits by senior officials, amid Democratic demands to strengthen it and a tight Senate timetable.

Crypto

U.S. Clarity Act deadline nears ahead of August recess as Trump says Senate must pass it

The U.S. Senate is nearing a deadline to take up, debate and vote on the Clarity Act before the August recess, Bitcoin Magazine reported. The bill would clarify jurisdiction between the SEC and the CFTC over digital assets. President Donald Trump urged the Senate to pass it, citing competition from China and others. Talks continue on revised text, with disputes over developer protections and ethics rules tied to Trump’s crypto business.