Author: Simran Mishra

Clarity Act Advances as Senate Backs CFTC Oversight, Mandates User Fund Safety and Limits Stablecoin Rewards The Clarity Act has taken a big step forward after a key Senate vote. The Senate Banking Committee approved the crypto market bill after months of delay. This move has brought new hope for clear digital asset regulation in the United States. The Senate vote showed support from both parties. Lawmakers now plan to send the Clarity Act to the full Senate for the next stage. More discussions and changes may happen before a final decision. Clarity Act Focuses on Crypto Rules The Clarity…

The CLARITY Act Now Protects Blockchain Developers: No Money Transmitter Rules if No User Funds are Handled – Strong Boost for DeFi Growth The CLARITY Act aims to establish clear rules in the US, separating which digital assets are securities and which are commodities. It now includes the Blockchain Regulatory Certainty Act. This change focuses on protecting blockchain developers and related workers. The US House of Representatives passed the bill with strong support. The vote was 294 in favor and 134 against. The bill aims to create clear rules for the crypto industry. It also aims to reduce confusion in…

XRP Security Status is Under the Spotlight Again as CLARITY Act Section 105 Heads for a Senate Vote: Big Moment for Crypto Rules Ahead The XRP security status is once again in focus as the CLARITY Act moves closer to a key Senate step. Section 105 of the draft bill now drives fresh discussion in the crypto market. Supporters now believe that the Section 105 could help XRP as it says that if a court already decided a digital asset is not a security, regulators may not change that decision later. This point has drawn strong attention among investors. Section…

CFTC Warns State Crackdowns Could Disrupt National Markets as Kalshi Fights Ohio Ban in Court The Commodity Futures Trading Commission has supported Kalshi in a legal fight with the state of Ohio. The case focuses on who controls prediction markets in the United States. The CFTC filed a note in the Sixth Circuit Court of Appeals. It asked the court to confirm that federal law gives it control over event contracts. The agency said Ohio has gone beyond its powers. Ohio Calls Sports Contracts Illegal Gambling Ohio officials earlier told Kalshi to stop offering sports event contracts. They called these…

Sudden Crypto Sell-Off Triggers $125M Liquidations as Long Traders Lose Over 80% Positions Across Major Coins The crypto futures liquidations crossed $125 million in the last 24 hours. The market saw a sudden drop in prices, this move forced many traders to close positions. Most of the losses came from long traders. Bitcoin saw the highest Bitcoin liquidation. Around $58.02 million got wiped out, about 77% of these were long positions. This shows many traders expected prices to rise. Heavy Losses in Major Cryptos Ethereum followed with $56.52 million in Ethereum liquidation. Long positions made up more than 86%. This…

ED Arrests 3 in a Major Cryptocurrency PMLA Case Linked to a Bitcoin Scam & Money Laundering Trail: Bengaluru Probe Deepens The cryptocurrency PMLA case has taken a sharp turn after fresh action by the Enforcement Directorate. The agency arrested 3 accused in Bengaluru and pushed the probe deeper into a complex web of crypto fraud and money laundering. Officials confirmed the arrest of Srikrishna Ramesh, known as Sriki, along with Robin Khandelwal and Sunish Hegde. The agency nabbed them on May 8 under the Prevention of Money Laundering Act. A Bengaluru court later sent all three to ten days…

India’s Crypto Policy in Limbo as Startups Exit, Investors Face Risk and Global Rules Push Urgent Action India’s crypto regulation stands at a critical crossroads. Global developments now challenge the long-standing wait-and-watch crypto policy. The United States has moved closer to a structured legal framework for digital assets. This shift could reshape global standards and push India toward faster action. India has taken a cautious path so far. The government taxes crypto gains at 30%. A 1% TDS applies to every trade. Still, no clear law exists for digital assets. This creates confusion in the market. Crypto Startups Face Uncertainty…

India’s Blockchain Drive Expands to States, Targets Supply Chains and Public Services with 10 Pilots India’s blockchain growth picked up speed in 2026 with a strong government push. The launch of the Blockchain India Challenge brought fresh energy to this plan. The focus now stays on real use cases, not crypto trends. The Ministry of Electronics and Information Technology launched the Blockchain India Challenge in February 2026. The program invites startups to build simple blockchain solutions to address various issues in public systems. Key areas include procurement, supply chains, and service delivery. Government Push for Blockchain The government wants to…

CLARITY Act Nears Senate Markup as 52% Support Crypto Rules, SEC–CFTC Split & Stablecoin Debate Intensify The CLARITY Act is moving closer to a key Senate vote as support for crypto rules grows across the United States. A new HarrisX survey showed that 52% of voters support the bill. Only 11% said they oppose it. The results have increased pressure on lawmakers to take action soon. The Senate Banking Committee is expected to hold a markup session later this month. During this stage, senators review the bill, discuss changes, and prepare it for a full Senate vote. Reports said some…

Bitcoin ETFs Push Crypto Fund Inflows Higher for Fifth Straight Week Crypto fund inflows continued for the fifth straight week as institutional demand returned to Bitcoin ETFs and digital asset investment products. The latest CoinShares data suggests that crypto funds added nearly $118 million last week despite sharp midweek volatility across global markets. The weekly number looked modest on the surface. However, market activity revealed a dramatic recovery. Crypto exchange-traded products lost almost $620 million between Monday and Thursday. Friday changed the picture completely after a massive $737 million inflow entered the market in a single session. That late rebound…