CLARITY Act would weaken state fraud powers, James warns

New York Attorney General Letitia James has urged Congress to revise the CLARITY Act, warning that the crypto market structure bill could restrict states from prosecuting fraud and enforcing investor protection laws.  SummaryJames said the bill could preempt state investor protection lawsand weaken local enforcement.State and local authorities account for about 98.8% of arrestsnationwide, according to her testimony.Senate Republicans need 60 votesto advance the legislation through the cloture process.Banking, ethics and enforcement disputes remain unresolved before the Senates August recess.  James challenges the CLARITY Acts enforcement rules  James raised the concerns in written testimony submitted to a Senate committee as lawmakers continued negotiations over the federal crypto bill.  She argued that the CLARITY Act would interfere with state investor protection laws and reduce the authority of state and local agencies to prosecute misconduct involving digital assets.  “This is a mistake,” James wrote.  The New York attorney general said state and local law enforcement agencies conduct most enforcement work across the United States. According to figures included in her testimony, those authorities are responsible for about 98.8% of arrests, compared with roughly 1.2% by federal agencies.  You might also like:  Metaplanet plans Bitcoin-backed bonds yielding up to 6%  “Despite this, CLARITY would neuter state and local law enforcement by preempting

07-28انڈسٹری

Oman presents Hormuz fee proposal to Iran

According to a Gulf source, Oman presented a proposal for a joint regional mechanism to Iran to manage the Strait of Hormuz, a vital passage for almost 20% of the global energy supply, with voluntary fees, Reuters report.  Additional remarks  Omani proposal has regional backing.  Proposal is based on strait of Malacca, where those who use Strait voluntarily contribute to fund navigation, environmental protection, search and rescue, gulf source says  Iran would not exercise sole control of Strait of Hormuz under the proposal.  Market reaction  The WTI Oil price faces slight selling pressure after the news release. At press time, the WTI Oil price trades 1.1% lower to near $80.30.

07-28انڈسٹری

Cross River to enable P2P payments, banking services for X Money

Cross River said Monday it will provide the banking infrastructure for X Money, the financial services platform being integrated into X, enabling peer-to-peer payments, FDIC-insured interest-bearing accounts and Visa debit cards.  The company said its banking platform and payment rails will power the service as X continues its push to become an “everything app,” with infrastructure designed to support additional financial products and services over time.  Cross River provides embedded financial infrastructure for payments, cards, lending and cryptocurrency services to fintech and technology companies through its regulated banking platform and payment rails. The announcement did not mention support for cryptocurrencies or stablecoins.  Elon Musk confirmed in May 2025 that X Money had entered limited beta testing, saying the initial rollout would be limited because “extreme care” was needed when handling users savings. The service expanded to a limited external beta in March 2026 ahead of a wider launch.  Musk has been teasing X Money since at least 2022, when he described his acquisition of Twitter as “an accelerant to creating X, the everything app.” Since then, X has obtained money transmitter licenses in more than 40 US states and registered with the Financial Crimes Enforcement Network to enable peer-to-peer payments on the platform.  Magazine: Peter

07-28انڈسٹری

SOON up +15.33%, BTC -3.06%, KAITO is The Coin of The Day – Daily Market Update for Jul 28, 2026 | CoinCodex

Key highlights:The total cryptocurrency market cap decreased from $ 2.23T to $ 2.17T in the past 24 hours, representing a -2.62%changeThe Bitcoin price at press time is $ 63,463 after falling by -3.06%in the last 24 hoursThe total crypto trading volume increased by 291.09%in the past 24 hours, and is currently at $ 595.48BAll prices and changes are presented at the time of publication: July 28, 2026, at 06:00 UTC  Market Overview  The total cryptocurrency market cap is currently $ 2.17T after a -2.62%decrease on the day. The total crypto trading volume increased by 291.09%in the same time frame.  Bitcoin is trading at $ 63,463 after seeing a -3.06%loss in the last 24 hours. The Bitcoin dominance fell by -0.04%and BTC currently represents 58.73% of the cryptocurrency market.  Top Coins By Market Cap  At press time, Bitcoin has a market capitalization of $ 1.27T after losing -3.06%in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null%and reach null by Invalid date. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.  Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,881.91 and has

07-28انڈسٹری

How crypto payments are reshaping digital entertainment platforms

Digital entertainment platforms are experiencing rapid transformation as crypto payments gain widespread adoption. Instant deposits, transparent fees, and seamless wallet integration are changing how users interact with online gaming, streaming, and content creation services. The rise of stablecoins and blockchain-based payment rails is redefining expectations for both users and providers.  The demand for flexible and fast transactions is placing pressure on digital entertainment providers to innovate. Across sectors—from online gaming to creator monetisation—users want immediate access to funds, control over withdrawals, and enhanced privacy protections. Platforms like online casino VegasNow illustrate how these evolving payment technologies are delivering real change, driving industry-wide shifts in digital entertainment.  This article explores how crypto payments are influencing user experience, platform design, and competitive strategies throughout digital entertainment. By examining the impact of blockchain, stablecoins, and payment infrastructure, we can understand the broader implications for both creators and audiences across entertainment ecosystems.  Faster transactions and transparent costs elevated by crypto  The introduction of crypto payments has led to a new level of speed and cost transparency in digital entertainment. Users now expect near-instant deposits and withdrawals, allowing them to join games, tip creators, or subscribe to content without friction. These innovations eliminate the waiting periods common with traditional

07-28انڈسٹری

Breaking: US Senate Puts Clarity Act on Hold for Russia Sanctions Bill, Trump Nominations

The U.S. Senate has delayed the Clarity Act to prioritize a Russia sanctions bill and Trump nominations. Voting on the crypto bill is now unlikely before next week, leaving only a few days before the August 8 recess.  Senate Leader John Thune Prioritizes Trump Nominations and Russia Sanctions Bill  Senate Republicans planned to pursue a procedural vote on the Clarity Act to decide on the ethics rules, schedule, or debate limits for the crypto bill. The crypto industry expects bipartisan support in the Senate floor vote to pass the Clarity Act before the recess before the August 8 recess.  However, Senate Majority Leader John Thune filed cloture on Executive Calendar #6, S.Res.817 (en bloc nominations), according to the Senate press. This signals that the Senate will vote on all Trump nominations together.  On July 28, the Senate will vote on confirmation of Jay Clayton as Director of National Intelligence at 6:30 pm. Following the confirmation vote, the Senate is expected to proceed with H.R. 5334, the Legislative vehicle for the Lindsey O. Graham Sanctioning Russia Act of 2026.  “After processing this next batch of 74 Trump nominees, the Senate will have confirmed nearly every nominee available for floor consideration. My Senate GOP colleagues and I

07-28انڈسٹری

Nucor Corporation (NUE) Stock: Q2 Earnings Surge as Steel Mill Shipments Hit Record

TLDRNucor Q2 earnings jumped as record steel shipments lifted profitability.Steel mills delivered higher profits on stronger pricing and volumes.Raw materials and steel products segments posted solid quarterly gains.Nucor returned $479 million through dividends and share buybacks.Management expects stronger Q3 earnings as steel demand improves.  Nucor Corporation (NYSE: NUE) closed at $247.86, up 0.12%, before rising 0.08% to $248.07 in overnight trading. The company reported sharply higher second-quarter 2026 earnings as record steel mill shipments lifted operating performance. Strong pricing, higher shipment volumes, and disciplined capital allocation supported another quarter of earnings growth.  Nucor Corporation, NUE  Steel Mills Drive Higher Quarterly Earnings  Nucor reported second-quarter 2026 net earnings of $1.16 billion, or $5.04 per diluted share. Adjusted net earnings reached $1.11 billion, or $4.84 per diluted share, excluding a non-cash investment benefit. The results improved from $743 million, or $3.23 per diluted share, reported during the first quarter.  The company also exceeded the prior-year period by a wide margin. Second-quarter 2025 net earnings totaled $603 million, or $2.60 per diluted share. Higher steel prices and stronger shipment volumes supported the year-over-year increase across major operations.  Steel mills generated earnings before taxes of $1.56 billion during the quarter. That result increased from $1.13 billion in the previous quarter.

07-28انڈسٹری

Gold price in Philippines: Rates on July 28

Gold prices fell in Philippines on Tuesday, according to data compiled by FXStreet.  The price for Gold stood at 8,010.13 Philippine Pesos (PHP) per gram, down compared with the PHP 8,077.87 it cost on Monday.  The price for Gold decreased to PHP 93,435.17 per tola from PHP 94,218.74 per tola a day earlier.Unit measureGold Price in PHP1 Gram8,010.1310 Grams80,101.70Tola93,435.17Troy Ounce249,146.50  FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

07-28انڈسٹری

Prediction Market Traders Brace for Surprise Fed Rate Hike

In briefThe odds that the Fed pushes for “no change” on interest rates has fallen sharply on prediction markets in the last 24 hours.The odds of a quarter-point Fed rate hike have jumped: up almost 10% on Polymarket, and around 8% on Myriad.Fed-funds futures put the probability of an increase at 38.8% as of Monday afternoon.  The odds that the Federal Reserve does the unexpected tomorrow just went up.  Prediction-market traders today sharply raised the implied odds of a Federal Reserve rate hike, one day before the central banks two-day July meeting begins.  On Polymarket—a prediction market where contract prices behave like crowd-implied probabilities—the “no change” outcome fell 8.9 percentage points to 73.25% in the last 24 hours. A 25-basis-point increase jumped 9.7 points to 26.65%, with $100.83 million traded overall and $5.78 million in the past 24 hours.  Myriad, a prediction market operated by Decrypts parent company Dastan, showed almost the same split, displaying 74% for “no change” and 27% for an increase. On Myriad, the odds of “no change” dropped by 9% in the past day while the odds of a rate hike jumped by 8%.  Professional rate traders were seemingly more nervous about the Feds next move. Fed-funds futures—contracts used to price

07-28انڈسٹری

Bitcoin (BTC) price news: Price drops 2% after U.S. close while Koreas Kospi plunges 10%

Bitcoin BTC  $63,189.65 has come under pressure since the U.S. stock market closed Monday, with South Koreas Kospi leading Asian equities lower and providing risk-off cues to the cryptocurrency market.  BTC has fallen to $63,200 from nearly $65,000, a 2.7% decline that has spilled over into the broader crypto market and dragged down the likes of ether (ETH), XRP (XRP), solana (SOL), and others. The drop ends the brief resilience the market showed earlier Monday as shares in NVDA tanked on Wall Street.  The Senate has shelved the CLARITY Act to prioritize a Russia sanctions bill, making a vote on the much-awaited legislation, touted to deliver regulatory clarity and unlock massive institutional buying for digital assets, unlikely before next week. This leaves only the final days before the Aug. 8 recess.  Asian stocks cracked sharply, with South Korea‘s Kospi index falling 10% to its lowest level since mid-April. The index has now dropped 25% from its mid-June peak. The latest decline featured steep losses in heavyweights such as Samsung and SK Hynix. “The market is falling out of love with chipmakers at the moment and that’s been a big driver of the bull market in South Korea,” InvestingLive wrote.

07-28انڈسٹری
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