A U.S. Senate vote to bring the crypto market-structure \'Clarity\' bill to the floor is increasingly likely to be delayed until next week, complicating last-stage legislation. The industry wants leaders to at least begin the cloture process before the August recess. In South Korea, financial firms are accelerating digital-asset initiatives, including exchange shareholder changes, new teams for regulatory shifts, investments in blockchain networks and participation in a central bank digital currency pilot.

Real-world asset tokenisation platform Ondo Finance has launched an offchain execution network called Ondo Network, moving away from plans for an institution-focused layer1 blockchain. Cointelegraph reported that the network processes transactions outside public blockchains and has been applied to the perpetual futures platform Ondo Perps. It runs trading software inside a protected enclave, while operators verify software integrity and share custody of digital keys used to approve transfers.