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Crypto

U.S. senator urges keeping developer protections in CLARITY Act, key dispute emerges

U.S. Democratic Senator Ron Wyden (론 와이든) urged Senate leaders to retain a provision protecting blockchain developers in the CLARITY Act, a crypto market structure bill. The dispute has widened between calls to provide legal clarity for developers and concerns it could weaken oversight of illicit finance. Wyden wants Section 604, known as the Blockchain Regulatory Certainty Act, included in the final text. Law enforcement groups and civic organisations warn the exemption could be too broad.

Finance

Joint response team to curb stock rigging finds over 10 unfair trading cases in first-year review

South Korea\'s Financial Services Commission reviewed the first year of its joint response team aimed at eradicating stock price manipulation. The regulator said the team detected and acted on more than 10 major unfair trading cases, including long-term price rigging and insider trading. Some cases were referred to prosecutors and two were hit with early penalty surcharges. The FSC plans to strengthen investigative powers, broaden forfeiture rules and upgrade AI-based market monitoring.

Crypto

U.S. Clarity Act approval odds rebound to 55 percent, August recess seen as key test

Prospects for passage of the U.S. Clarity Act, a key crypto bill, are rising again, with prediction market Polymarket putting approval odds at 55 percent, up from below 40 percent days earlier. The shift follows NOBLE’s support and the Major County Sheriffs of America moving to a neutral stance. The bill has not reached a Senate floor vote, with disputes and competing priorities contributing to delays.