Category: Business

[ad_1] Key Takeaways CLARITY faces several remaining hurdles after gaining Senate committee support in a 15-9 vote, Grayscale says. Lawmakers must combine it with another Senate crypto bill before resolving differences with the House version. Senate passage may require at least seven Democratic votes if Republicans stay united. CLARITY Act’s Next Phase Hinges on Consolidation…

[ad_1] Cryptocurrency exchange OKX has launched an open payments protocol for artificial intelligence agents, joining a growing push by crypto and payments companies to build infrastructure that lets software agents pay for services and transact with less human input. The new cross-chain Agent Payments Protocol (APP) is designed to let AI agents operate and communicate…

[ad_1] Samsung Electronics and its largest labor union are heading back to the negotiating table on Monday, racing to prevent a strike that could idle tens of thousands of workers at the world’s largest memory chipmaker. The National Samsung Electronics Union (NSEU) has set a May 21 deadline for a walkout lasting up to 18…

[ad_1] Key Takeaways Bank of England Deputy Governor Sarah Breeden told the Financial Times (FT) its stablecoin ownership limits may have been “overly conservative.” The BoE plans to lower its 40% central bank deposit requirement, which is stricter than U.S. rules, hurting UK stablecoin profitability. Breeden signaled the BoE sees no urgency to raise rates…

[ad_1] Key Takeaways THYP launched with spot HYPE exposure, staking rewards, and $1.8 million in trading volume. Investors face staking risks, market-price trading, and no direct individual share redemption. TXXH’s daily leverage reset may amplify losses over time. Hyperliquid ETF Debut Puts THYP in Focus Asset management firm 21shares announced on May 12 the launch…

[ad_1] Prominent hardware wallet maker Ledger has delayed its plan to go public in the US market due to unfavorable market conditions, which may weaken investor appetite for crypto listings. The development was reported Wednesday by CoinDesk, based on sources familiar with the issue. Ledger, which has sold more than seven million devices and secured…

[ad_1] GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business. The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement. The…

[ad_1] The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week. In a 51 to 45 vote in the US Senate on Tuesday, lawmakers sided on party lines, with the exception of Democratic Senator John…

[ad_1] Key Takeaways Senators face recorded-vote scrutiny tied to the CLARITY Act markup. Stand With Crypto says it represents more than 2.9 million U.S. advocates. Committee action could advance digital asset market structure legislation. Senate Banking Markup Puts CLARITY Act Scorecard in Focus Senate Banking Committee members face new scorecard pressure ahead of the May…

[ad_1] Binance is set to launch Binance Online, a new global virtual event aimed at bringing together some of the most influential voices across crypto, markets and finance. Streaming live on May 13 at 11:00 a.m. UTC, the event will feature more than four hours of exclusive discussions and interviews. It will also include live…