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Image: crypto.news via LBankCoinbase CEO Asserts Congressional Delay Will Not Impede Digital Asset Adoption Despite Legislative Stalls
According to reporting by LBank News and crypto.news, Coinbase executive Brian Armstrong stated that the postponement of the CLARITY Act vote to September will not suppress the broader expansion of digital assets. Senate leaders deferred the measure following an impasse over stablecoin rewards, political ethics, and illicit finance safeguards. This account remains not officially confirmed by independent direct legislative records.
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crypto.news via LBankCoinbase CEO Asserts Congressional Delay Will Not Impede Digital Asset Adoption Despite Legislative Stalls
According to reporting by LBank News and crypto.news, Coinbase executive Brian Armstrong stated that the postponement of the CLARITY Act vote to September will not suppress the broader expansion of digital assets. Senate leaders deferred the measure following an impasse over stablecoin rewards, political ethics, and illicit finance safeguards. This account remains not officially confirmed by independent direct legislative records.
crypto.newsUS Sanctions Two Crypto Exchanges Over Alleged Iran-Linked Funds
According to reporting by crypto.news, U.S. authorities have sanctioned crypto exchanges Shelbit and Aban Tether following allegations that the platforms helped Iran evade restrictions and move funds connected to the Islamic Revolutionary Guard Corps. This development, which is not officially confirmed by all parties, involves administrative designations by the U.S. Treasury Department's Office of Foreign Assets Control.
crypto.newsCFTC Warns Prediction Markets Over Gambling-Style Odds Display Amid State Jurisdictional Battles
According to reporting by crypto.news on August 7, 2026, the Commodity Futures Trading Commission instructed regulated prediction markets to refrain from displaying American-style gambling odds, noting that federal registration does not exempt platforms from strict derivatives marketing rules. This media report, which is not officially confirmed, highlights escalating tensions between federal regulators and state authorities over sports-related event contracts.
crypto.newsCLARITY Act Vote Postponed to September Amid Bipartisan Impasse, Says crypto.news
According to media reporting by crypto.news, Senate leaders have postponed consideration of the CLARITY Act until September following stalled bipartisan negotiations. Bitwise CIO Matt Hougan suggested the setback could introduce brief asset price pressures before removing legislative uncertainty. This development is not officially confirmed by regulatory authorities.
crypto.newsBybit Files U.S. Federal Lawsuit Against North Korea and Lazarus Group Over Record $1.5 Billion Crypto Breach
According to media reporting by crypto.news, Dubai-based exchange Bybit has initiated a civil lawsuit in a U.S. federal court targeting North Korea, its Reconnaissance General Bureau, and the Lazarus Group to recover funds stolen in an unprecedented $1.5 billion cryptocurrency incident. These claims are not officially confirmed.
CoinDeskU.S. Widens Iran Crypto Crackdown With Sanctions on Shelbit and Aban Tether
According to reporting by CoinDesk, the U.S. Treasury Department's Office of Foreign Assets Control has targeted Shelbit and Aban Tether in an expanded enforcement effort to cut Tehran's access to digital assets and foreign currency, though these measures are not officially confirmed by all parties.