Lummis Releases 630-Page CLARITY Act Rewrite Days Before Key Senate Vote
Senator Lummis released a 630-page CLARITY Act rewrite with new DeFi rules ahead of a September 15 cloture vote, leaving the disputed ethics title unchanged.
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Stablecoins
Mastercard Completes BVNK Acquisition, Adding Stablecoin Payment Rails
Mastercard closed its deal for stablecoin infrastructure firm BVNK, agreed in March for up to $1.8 billion, to link card payments with onchain money.
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Visa, Stripe and 140 Partners Back Open USD, a Stablecoin Built to Share Reserve Income
Open Standard unveiled Open USD, a dollar stablecoin backed by Visa, Mastercard, Stripe, BlackRock and Coinbase that shares reserve income with partners.
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