Michael Saylor ‘Feels Invigorated’ by Bitcoin’s Mission: Here’s What He Says Is Coming

Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor says he feels “invigorated” by bitcoin’s mission as the world moves toward a digital monetary revolution, a doubling-down that comes with bitcoin near $64,000, down roughly 11% this year. Continued Optimism Despite Shaky Macros Saylor’s comment extends a run of pronouncements in which the executive chairman has recast … Read more

New CLARITY Act Draft Could Land Next Week as Senate Faces 60-Vote Test

Lawmakers may unveil a merged version of the Digital Asset Market Clarity (CLARITY) Act next week, potentially, with Senate floor action eyed for July 20. A Development That Could Change a Lot The new draft would fuse the versions produced by the Senate Banking and Agriculture Committees into a single text. Reporters following the effort … Read more

Operation Veil of Maya: Brazilian Police Dismantle Massive Illegal Betting and Crypto Money Laundering Ring

With information from the Ministry of Finance and the Prizes and Betting Secretariat (SPA), the Police executed nine search warrants in São Paulo, Ribeirão Preto, Porto Alegre, and Canoas, targeting 87 companies suspected of facilitating money laundering in betting operations. Brazilian Police Target Cryptocurrency Usage in Illegal Betting Operations Brazil is increasing its oversight over … Read more

Circle Accused by New York and Wisconsin Prosecutors of Hindering USDC Recovery for Scam Victims

Stablecoin issuer Circle is facing scrutiny from prosecutors in Wisconsin and New York for allegedly delaying or refusing to comply with court orders to return stolen digital assets to scam victims. State Prosecutors Clash With Stablecoin Giant The USDC stablecoin issuer, Circle, faces mounting criticism from prosecutors in Wisconsin and New York who say the … Read more

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