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Will the US get CLARITY this week? Bitcoin’s new $80K target: Hodler’s Digest, July 19

The fate of the CLARITY Act hinges on Trump’s ethics, so the odds aren’t looking great. Prediction market volumes hit new highs, and more news.

Saylor turns up heat with ‘110 reasons’ why BIP-110 is a bad idea

The man in control of the biggest Bitcoin corporate treasury said he shares the objectives but disagrees about the remedy detailed in the proposed temporary fork.

US agencies miss GENIUS Act deadline for final stablecoin rules

US regulators failed to finalize implementing regulations by the GENIUS Act’s one-year deadline, issuing 10 proposed rules instead.

Upbit parent Dunamu faces South Korean regulator sanctions process: Report

Korea’s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and similar incidents, clouding the scope of penalties facing the Upbit operator Dunamu.

Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups

Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups.

Kaspersky identifies malware framework targeting crypto investors

Cybersecurity company Kaspersky said a newly identified malware framework is targeting cryptocurrency investors through social engineering tactics and trojanized GitHub apps.

French gambling regulator orders ISPs to block Polymarket

France’s gambling authority has ordered the country’s internet service providers to geoblock Polymarket, citing illegal gambling and market manipulation concerns.

Kaspersky identifies malware framework targeting crypto investors

Cybersecurity company Kaspersky said a newly identified malware framework is targeting cryptocurrency investors through social engineering tactics and trojanized GitHub apps.

FTX to distribute $900M to creditors in fifth payment round

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.

Galaxy lands 15-year Texas Tech stadium naming rights deal

Galaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment.

Consensys unknowingly outsourced developer work to North Korean

Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.

Crypto Biz: When dollars disappear, stablecoins step in

Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny.

OKX Europe lets users convert USDT to MiCA-compliant USDC

The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market.

Senator Warren requests 2026 reporting for Trump’s crypto earnings after $1.4B disclosure

With the Senate likely voting on a crypto bill within days, Elizabeth Warren asked for information on Donald Trump’s earnings between January and July ahead of a 2027 deadline.

Bitcoin price sags under $62.5K as Iran strikes add to US stocks pressure

Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as US-Iran war downside took its toll.

HSBC wins Bank of England approval to enter Digital Securities Sandbox

The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first quarter of 2027.

The British Virgin Islands are a top crypto hub no one ever talks about: Here’s why

Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives.

SBI acquires Singaporean crypto platform Coinhako after MAS approval

SBI Holdings received regulatory approval to acquire a majority stake in Singapore-based crypto exchange Coinhako as it expands into stablecoins, onchain finance and tokenized assets.

The British Virgin Islands are a top crypto hub no one ever talks about: Here’s why

Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives.

Dutch court declares crypto platform Knaken bankrupt over missing funds

The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users.

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