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Image: crypto.news via LBankCLARITY Act Odds Drop to 25% Amid White House Ethics Review
Prediction market traders on Polymarket currently assign a twenty-five percent probability to the CLARITY Act becoming law before the end of the year, following media reporting from crypto.news and LBank News. Anthony Scaramucci anticipates that the president will endorse the bipartisan ethics proposal, while senators reportedly submitted compromise language to the executive office. Senate leadership has not officially confirmed the timing of any upcoming floor action, and these reports remain unconfirmed.
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crypto.news via LBankCLARITY Act Odds Drop to 25% Amid White House Ethics Review
Prediction market traders on Polymarket currently assign a twenty-five percent probability to the CLARITY Act becoming law before the end of the year, following media reporting from crypto.news and LBank News. Anthony Scaramucci anticipates that the president will endorse the bipartisan ethics proposal, while senators reportedly submitted compromise language to the executive office. Senate leadership has not officially confirmed the timing of any upcoming floor action, and these reports remain unconfirmed.
crypto.newsBinance Philippines Returns Under SEC Sandbox: Website Access Restored, Local Compliance Pending
Binance has regained website access across the Philippines after PLDT restored the platform on its network, marking an SEC-supervised return that is not officially confirmed as a permanent license. The platform’s re-entry, facilitated by BlockShoals Technologies, is subject to ongoing testing and local compliance requirements, with Philippine peso payment channels still pending. The return follows previous restrictions imposed by Philippine authorities due to unlicensed operations. This report reviews the reported-only developments, the sandbox model, and implications for Filipino users, noting that full service restoration remains unconfirmed.
crypto.newsEvernorth Amends SEC Filing Amid Nasdaq Listing Plans and $1B XRP Treasury Proposal
According to crypto.news, Ripple-backed Evernorth Holdings has amended its SEC registration statement, reflecting finalized employment terms for three senior executives as part of its preparations for a Nasdaq listing and a proposed $1 billion public XRP treasury. The report, not officially confirmed, details new executive agreements, compensation packages, and the ongoing business combination with Armada Acquisition Corp II. The value of Evernorth’s XRP holdings has reportedly declined due to market conditions, impacting the treasury’s worth. The company’s governance and compensation structure continues to evolve, but all disclosed arrangements remain subject to shareholder and board approval. The information is based on media reporting and has not been officially confirmed.
crypto.newsSEC Prepared to Draft Crypto Rules if Congress Delays CLARITY Act: Not Officially Confirmed
According to crypto.news, SEC Chair Paul Atkins stated that the agency is prepared to draft crypto market regulations if Congress fails to pass the CLARITY Act. While Atkins emphasized that legislation would provide greater certainty, he indicated that the SEC could proceed with rulemaking under its existing authority. The report is not officially confirmed and relies on media sources rather than direct statements from Congress or the SEC. The outcome of the CLARITY Act remains uncertain as Senate negotiations continue.
crypto.newsSenate Delay of the Digital Asset Market Clarity Act: Regulatory Uncertainty Persists
According to crypto.news, the Digital Asset Market Clarity Act (H.R. 3633), a significant U.S. legislative proposal aiming to divide crypto oversight between the SEC and CFTC, has been delayed in the Senate until September due to disagreements over ethics provisions and a crowded legislative agenda. The bill, which is not officially confirmed, has sparked debate over privacy, developer liability, and anti-money laundering enforcement, leaving regulatory clarity unresolved for digital asset exchanges and users.
crypto.newsJay Clayton Confirmed as U.S. Director of National Intelligence: Ripple SEC Lawsuit Returns to Spotlight
Jay Clayton, former SEC chair during the Ripple lawsuit, was confirmed as U.S. Director of National Intelligence in a narrow Senate vote. The confirmation has revived attention on the SEC’s 2020 enforcement action against Ripple Labs and its mixed outcome. All details are based on media reporting from crypto.news and are not officially confirmed.