
OxBenji
1.2K posts

OxBenji
@BenAbisa
Markets reporter @Cryptoamb (AMBCrypto) || Industrial battery energy storage systems|| Covering internet's magic money; designing & installing battery systems


🚨 CLARITY ACT NEGOTIATIONS NOW CENTER ON SECTION 1960 Senator Chuck Grassley is expected to weigh in this week on proposed changes to Section 1960, a critical provision that would deny legal safe harbor protections to software developers who knowingly facilitate money laundering. The debate has become one of the final sticking points in Clarity Act negotiations, as lawmakers push to ensure DeFi protections do not limit the government’s ability to police illicit crypto activity ahead of a potential Senate markup.







Directional perp premium has turned negative for the first time since 2022, marking a clear shift toward net short positioning in derivatives markets. With $BTC's recent bounce to $74k, this suggests a crowded short trade is potentially building beneath the surface.



Talks on landmark crypto legislation have hit a new impasse after banks said they could not back a compromise pushed by the White House, a development that cast doubt on whether the bill will pass this year and sparked criticism from President Trump who accused lenders of trying to undermine it. More here: reut.rs/4sw8dg9






.@CFTC Withdraws Event Contracts Rule Proposal and Staff Sports Event Contracts Advisory: cftc.gov/PressRoom/Pres…













