On May 21, the Istanbul Stock Exchange in Turkey triggered a market-wide circuit breaker after major stock indices fell by as much as 6%.
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Turkey's Stock Market Plummets, Triggering Market-Wide Circuit Breaker
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On September 17, crypto journalist Eleanor Terrett reported that seven U.S. Democratic senators, including Kirsten Gillibrand, Mark Warner, Ruben Gallego, and Angela Alsobrooks, have expressed their commitment to advancing the CLARITY Act through bipartisan cooperation. According to three sources familiar with the matter, this statement comes as both parties are making preliminary attempts to restart negotiations. Stakeholders are assessing whether there is a willingness from both sides to return to the negotiating table and aim for the passage of the CLARITY Act by the end of this year. -
President Trump to Hold Talks with Gulf Leaders on Iran Next Week
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US Spot Bitcoin ETF Sees Net Outflow of $450.4 Million Yesterday
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Senate Banking Committee Chair: CLARITY Act Fails to Advance Due to Democratic Opposition, SEC and CFTC Should Establish Digital Asset Rules
On September 16, Tim Scott, Chairman of the Senate Banking Committee, stated that today, nearly all Senate Republican members voted in favor of advancing the CLARITY Act, but the motion ultimately failed to secure enough votes due to opposition from Senate Democrats. We have taken a step forward. Now, before Congress completes legislation, it is up to the SEC and CFTC to establish clear regulatory rules for digital assets. I remain focused on single mothers and Americans living in poverty, as I grew up in similar circumstances. I will continue to work to protect their hard-earned money and ensure the future of the financial industry remains in the United States.
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