Crypto News:
- American Bankers Association CEO Rob Nichols tries to rally Senators to go against Stablecoin yield compromise and roadblock the Clarity Act.
- Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion.
- Strategy has acquired 535 BTC for ~$43.0 million at ~$80,340 per bitcoin. Capital B raises $17.8M to expand its Bitcoin treasury.
- Coinbase CEO Brian Armstrong is scheduled to speak at the Senate GOP Steering lunch on Wednesday, per multiple sources familiar with the plan.
- Judiciary Committee Chair Chuck Grassley and Sen. Cynthia Lummis have a deal to address law enforcement concerns in a landmark crypto bill, per two sources familiar. The deal allows prosecutors to bring AML charges against demonstrably culpable crypto actors
- Congress members to hold bipartisan meeting to discuss crypto tax legislation.
- UAE officially allows residents to pay government fees with crypto.
- Circle makes USDC push into AI agent payment tools
- Ripple receives $200M credit line to expand institutional prime brokerage
- Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO
- MoonPay makes prediction markets push with Dawn Labs buy, AI tool launch
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