Cryptocurrency regulatory barriers show little sign of easing. [Photo: Shutterstock]

The biggest issue in the crypto industry in recent days is the United States' Clarity bill (digital asset market structure legislation). With four weeks left before the Senate's deadline, the clash in Washington is reaching a peak as House lawmakers step up pressure, disputes flare over ethics provisions in a revised draft and banks seek changes to a stablecoin interest clause.

• U.S. Clarity bill to set tone for bitcoin rebound...4 weeks left before Senate deadline • Clarity bill Senate vote imminent...U.S. House lawmakers urge passage in July • Revised U.S. Clarity bill draft to be released this week...late-stage wrangling over ethics clause ahead of Senate vote • U.S. banks seek changes to Clarity bill stablecoin revenue clause

With four weeks left before the U.S. Senate's deadline to process the Clarity bill, House lawmakers publicly urged passage in July. The situation is not easy. A revised draft due this week is facing last-minute wrangling over ethics provisions, and banks are calling for another revision to a clause that would pay interest on stablecoin balances. Senate Democrats also added a political variable by demanding hearings that target President Trump's cryptocurrency interests during deliberations on the bill.

• Pro-XRP lawyer John Deaton: "Ripple was beyond saving...75,000 XRP holders changed the game" • Forbes picks July's promising coins...XRP ranks 4th after XRP, bitcoin and ethereum • XRP fails to hold gains despite positive news...lags bitcoin for months

XRP drew the most attention this week, accounting for nearly half of the top-viewed articles. Pro-XRP lawyer John Deaton (존 디턴) said "75,000 XRP holders changed the game" as he revisited the significance of the Ripple lawsuit, and Forbes placed XRP fourth on its list of promising coins for July. Prices did not follow the buzz. XRP has remained relatively weak against bitcoin for months despite positive news, and there were concerns about a sharp drop on signals of a Binance funding-rate reset. The direction remains unclear, with a $7 scenario for this year and a scenario of a break below $1.10 both discussed depending on whether it holds the $1.06 support line.

• "Bitcoin at $200,000 to $250,000 in 2 to 3 years"...Real Vision forecast • Standard Chartered keeps bitcoin forecast of $100,000 by end-2026 • Fidelity: "Bitcoin bottom signal, nearing accumulation zone"

Forecasts for bitcoin remain split between bullish and cautious views. Real Vision put forward an aggressive forecast of $200,000 to $250,000 within 2 to 3 years, but Standard Chartered kept its conservative target of $100,000 by the end of 2026. Still, positive signals outweighed on direction. Fidelity said "a bottom signal has appeared and it is nearing an accumulation zone," and U.S. spot bitcoin ETFs switched to net inflows after two months, reversing the flow of funds. By contrast, bitcoin treasury company Ampery Digital sold nearly half of its holdings, signalling mixed moves.

• Crypto exchange listing landscape shifts...fewer memecoins, tokenised assets surge • Tokenised SK hynix shares start trading on Solana at the same time as Nasdaq listing

A clear shift has also emerged in new listings at cryptocurrency exchanges. Memecoins, which had driven a listing rush, are declining, while tokenised assets based on real-world assets are surging. Tokenised SK hynix shares started trading on the Solana network at the same time as a Nasdaq listing, showing the possibility of on-chain distribution of domestic corporate assets.

• Fair Trade Commission approves Mirae Asset Consulting's acquisition of Korbit • Mirae Asset moves to take Korbit...why the 'Naver-Dunamu' deal has stalled

In South Korea, exchange mergers and acquisitions remain a live issue. The Fair Trade Commission approved Mirae Asset Consulting's acquisition of digital asset exchange Korbit. It is the first case of a traditional financial group's affiliate acquiring a domestic won-denominated exchange, and the trend of combining traditional finance and digital asset exchanges is expected to accelerate.

But the tie-up between Naver Financial and Dunamu has been delayed again. An industry official said, "Mirae Asset's Korbit acquisition approval is meaningful as the first case of a financial institution buying an exchange, but it also needs to be seen in light of Korbit's low market share." The person added, "A deal like Naver-Dunamu, where market dominance, major shareholder eligibility and discussions over ownership limits are all in play at the same time, cannot help but take longer to review." Differences in regulatory scrutiny are becoming clearer in digital asset exchange M&A depending on market dominance and licensing burdens.

• Solana flashes a new buy signal...break above $85 seen as next key threshold • Charles Hoskinson: "Cardano will re-enter the top 10 by market cap within 2026" • 'Ethereum 2.0 era' is coming...Tom Lee's ETH recovery scenario

Solana has flashed a new buy signal, with a break above $85 cited as the next key threshold for gains. Dogecoin is also weak in price but is seeing an expansion in buy bets, keeping rebound expectations alive. Cardano founder Charles Hoskinson (찰스 호스킨슨) said it would re-enter the top 10 by market capitalisation within 2026, and expectations for an 'Ethereum 2.0 era' were rekindled as ethereum drew on a recovery scenario presented by well-known analyst Tom Lee (톰 리).

Keyword

#Clarity bill #XRP #Bitcoin #Mirae Asset Consulting #Korbit
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