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Clarity Act Updates are Happening Now! Big Ripple XRP RLUSD News!

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Crypto News:

  • White House Crypto Director Patrick Witt is bullish on the Clarity Act passing.
  • Coinbase CEO Brian Armstrong says the Clarity Act bill is close to the finish line.
  • U.S. House Ways and Means Committee schedules Sept. 16 markup for crypto tax rules.
  • Clearpool proposes migrating to the XRP Ledger and building institutional credit products using XRPL’s upcoming lending standards.
  • Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
  • India’s richest state is exploring tokenizing its own assets to fund new infrastructure
  • Canada’s banking regulator OSFI just confirmed tokenized deposits are legally no different from traditional bank deposits, giving federally regulated banks a green light to build on blockchain without a new regulatory category.
  • UK House of Lords passes amendment requiring the government to develop a national cryptocurrency strategy.
  • India’s richest state is exploring tokenizing its own assets to fund new infrastructure
  • $346.1B is now tokenized accross 47 different asset types.
  • Revolut exposes customer KYC data including ID documents, selfies and Bitcoin transaction histories after complying with a spoofed government request.

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Time Stamps

00:24 Clarity Act news updates today

04:27 Parity Act crypto taxes hearing in the House

05:35 Canada green lights Tokenized Deposits

06:14 UK House of Lords Crypto strategy

06:48 India’s richest state Tokenization

08:38 Tokenization market stats

10:49 Clearpool XRP Ledger credit products

11:55 Ripple RLUSD stablecoin $13 trillion market

13:13 Revolut KYC data breach


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Tony E

Editor and Author at ThinkingCrypto.com