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CLARITY Act Support Drops to 16% as Key Democrats Reject Final GOP Offer

Momentum for the CLARITY Act in the US Senate has cooled sharply after a brief optimism spike on Polymarket. Odds that the bill would become law this year climbed the day before, then fell again on Monday as Democrats raised concerns that the latest Republican proposal still does not satisfy their conditions—particularly around ethics enforcement. Republicans have reportedly offered revised language that expands ethics provisions, and Polymarket had earlier reflected that shift with odds rising to around 35%. By Monday, however, traders saw the prospects weaken, with the odds dropping as low as 16%. The outcome matters not just for legislative timing: the CLARITY Act would influence how the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) divide oversight responsibilities across the crypto market. Key takeaways Polymarket odds for the CLARITY Act passing this year fell sharply again on Monday, after having spiked earlier. Democrats inv...
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CLARITY Act Prospects Drop to 16% as Key Democrats Balk at GOP Offer

Betting markets are cooling fast on the odds that the US Senate will move the CLARITY Act forward this year, after Polymarket participants briefly pushed the probability higher following a newly revised Republican proposal—only to cut back sharply once Democrats signaled they were still not satisfied with the ethics language. According to Polymarket’s tracker for the event “CLARITY Act signed into law in 2026,” the odds rose to as high as 35% after the GOP circulated a revised draft the previous day, including expanded ethics provisions. By Monday, the probability had fallen again, reportedly dipping as low as 16% as reservations about the updated text intensified. The bill would require 60 votes to advance, and a failure to clear procedural hurdles on Tuesday could delay the legislation that would shape how US regulators—specifically the SEC and CFTC—divide oversight for crypto-related products. Key takeaways Polymarket odds for the CLARITY Act passing this year fell from around 35%...
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CoinEx to Shut Down After 9 Years, Blames Crypto Contraction

CoinEx, a cryptocurrency exchange launched in December 2017 by the ViaBTC mining pool, says it is winding down its trading operations amid a prolonged downturn that has pressured volumes and liquidity. In an announcement shared on Tuesday, the platform cited sinking market activity as well as increasing regulatory and compliance burdens that it says have become difficult to manage over time. CoinEx’s shutdown will be phased: new sign-ups will be stopped first, trading will gradually be curtailed across its derivatives and then spot markets, and withdrawals will conclude at the end of a scheduled withdrawal window. The exchange also plans to buy back its CET token at its initial listing price of 0.005 USDT per token. Key takeaways CoinEx will halt new user registrations, rewards, and referral commissions as part of an operational wind-down. Futures trading will shift to “Reduce-Only,” and the exchange will stop taking new orders or subscriptions across multiple non-spot and related ...
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Balancer Considers Wind-Down After Restructuring Doesn’t Restore Revenue

Balancer, one of the best-known decentralized exchanges built on automated market makers, has proposed winding down its protocol after a post-exploit restructuring failed to restore enough revenue to sustain growth. Balancer Labs CEO Marcus Hardt said he underestimated how long the fallout from a $128 million exploit in November would continue to suppress user traction. The plan, posted on Balancer’s governance forum on Monday by Hardt, calls for a phased shutdown and the distribution of a remaining treasury currently valued at more than $9 million to BAL tokenholders. The proposal follows Balancer Labs’ earlier decision to shut down in March, when the team moved to a leaner operating structure while still supporting the protocol. Key takeaways Balancer’s governance proposal would transition the protocol into a withdrawal-focused end state and wind down the DAO. The plan attributes weak revenue recovery to continued adoption drag after a November $128 million exploit tied to legacy...
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S&P Global backs Kaiko as Series B raises $110M

S&P Global has backed Kaiko with a strategic investment that extends the Paris-based crypto market data provider’s Series B round to $110 million. The funding is intended to deepen Kaiko’s digital asset market data services while accelerating its expansion into onchain infrastructure for tokenized finance. Alongside Kaiko, the round includes major financial and market participants such as BNP Paribas, Bpifrance, Broadridge, Nasdaq Ventures, Royal Bank of Canada, and Coinbase Ventures, as well as trading and capital markets groups including DRW Venture Capital and Susquehanna Private Equity Investments. Technology and blockchain ecosystem investors also participated, including Stellar. Key takeaways S&P Global’s investment lifts Kaiko’s Series B total to $110 million, signaling growing demand for institutional-grade digital asset and tokenized-market data. Kaiko says the capital will support both its established digital asset pricing and its expansion into onchain data servi...
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Clarity Act Meets Pushback From State AGs Before Critical Senate Vote

The CLARITY Act is set to face a pivotal procedural vote in the US Senate on Tuesday after President Donald Trump agreed to most of a bipartisan package aimed at tightening ethics rules for federal officials with crypto-related interests, according to multiple reports. The bill is designed to create a federal framework for how digital-asset markets are regulated, including clearer lines between the SEC and the CFTC. Yet the latest compromise has not softened all opposition. A bipartisan group of 18 state attorneys general is urging senators to reject the legislation, arguing that the bill’s changes would undermine state authority to investigate and take action against crypto companies accused of fraud or other misconduct. Key takeaways The CLARITY Act is moving toward a Senate procedural vote that will decide whether it advances to full debate. President Trump’s reported agreement to most of a bipartisan ethics proposal would tighten conflict-of-interest rules for certain federal o...
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Strive Boosts Treasury by 469 BTC, Reaches 25,000 Bitcoin

Strive, a U.S.-listed corporate Bitcoin treasury company and asset manager, added another batch of Bitcoin to its balance sheet last week, according to a filing submitted to the U.S. Securities and Exchange Commission. The company bought 469 BTC for roughly $36.6 million between Sept. 8 and Sept. 11, lifting its total holdings to 25,000 BTC. In the same SEC document, Strive says the purchase was funded entirely through proceeds from sales of SATA, its perpetual preferred stock. With SATA’s notional value now exceeding $1 billion, Strive also disclosed its cash position and other holdings as of Sept. 11. Key takeaways Strive purchased 469 Bitcoin for about $36.6 million, acquiring BTC at an average price of $77,954 per coin (including fees and expenses) from Sept. 8–11. The company’s Bitcoin treasury now totals 25,000 BTC, making it one of the largest publicly traded corporate holders. Funding for the acquisition came entirely from SATA preferred stock sales, with SATA notional va...
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