Cynthia Lummis accuses Democrats of voting against the Clarity Act
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US Senator Cynthia Lummis stated that Democrats negotiated the inclusion of self trust rules in the Clarity Act and subsequently voted against the bill. （Bitcoin Archive）
[Mousalem: Monetary Policy Stance Remains Accommodative, Interest Rates Have Not Reached a Fully Restrictive Range]
Federal Reserve official Mousalem stated that after the recent rate hikes, the monetary policy stance remains accommodative, and interest rate levels have not yet reached a fully restrictive range. (Source: Jin10 Data)
The Bitcoin office in El Salvador denies government support for the launch of the Sivar application and claims that the related reports are fake news. Sivar was launched by Modveon and uses Coinbase infrastructure to process remittances between the United States and El Salvador. The transfers are settled in stablecoins on the Base, with a fixed fee of $2, and can be withdrawn from over 1000 locations in El Salvador. Prior to its launch, more than 25000 Salvadorans had registered. (Source: Bloomberg)
The agreement opens the door to tokenized derivatives as some of Wall Street's biggest institutions, including Nasdaq, NYSE and DTCC, move traditional markets onchain.
Bitget resumed BTC withdrawals, with 3326 BTC, approximately 276 million US dollars, flowing out within the first hour. This outflow is equivalent to the normal level of 12 days' total outflow, and BTC prices remain in the range of 83000 to 84000 US dollars. （CryptoQuant）
