Odaily News: U.S. Democratic Senator Elizabeth Warren stated that she still hopes to push a crypto regulatory bill into law, but does not support the current version of the Clarity Act.

Warren said the Clarity Act is Washington's first opportunity to achieve "meaningful crypto regulation," but any bill must include several core elements: regulating public officials' crypto investments, protecting national security and consumers, and strengthening the fight against illicit finance and terrorist financing.

Her stance could become more critical next year. If Democrats regain control of the Senate after the November election, Warren could become chair of the Senate Banking Committee, one of the key bodies for digital asset regulatory legislation. The article notes that Kalshi prediction markets currently show a 52% probability of Democrats retaking the Senate.

When asked whether she would lead crypto legislation if she headed the Banking Committee, Warren said she would be willing. She said she is willing to sit down with Democrats, Republicans, and the industry to craft a crypto bill that protects national security, protects the economy, and reduces corruption.

Odaily News: According to Onchain Lens monitoring, after the CLARITY Act failed to advance, Wintermute (0xecb...2b00) began cashing in on short profits. Its short exposure dropped from $102.1 million to $55.54 million, while unrealized profit increased from $928,000 to $2.28 million; the ETH short position decreased from 15,330 ETH (approximately $38.47 million) to 7,810 ETH (approximately $18.72 million). Wintermute's cumulative profit reached $179.89 million.

According to BitcoinTreasuries.NET on X, OranjeBTC (OBTC3) has launched DIGY11 on B3, Brazil's largest stock exchange — the world's first Bitcoin-backed digital credit-themed ETF. The ETF targets an annualized yield of approximately 18%, paid monthly.

Odaily News: A Fox Business crypto reporter posted on X that U.S. Senator John Kennedy said he was "not surprised" by the failure of the Clarity Act vote, but does not believe the bill is dead. John Kennedy stated that Democratic colleagues understand the need to establish a crypto market structure that appears to have been intentionally designed, but the related work will have to wait until the lame-duck session.

U.S. Senator Ted Cruz, citing the film The Princess Bride, said there is a big difference between the bill being "dead" and "mostly dead," and expressed hope that it can be brought back to life. Ted Cruz blamed Democrats for the failed vote, saying they are "playing politics" and driving crypto industry activity and jobs overseas.

Odaily reports that Sui posted on X stating that over $1.5 trillion in Bitcoin is sitting idle, because using Bitcoin typically means handing it over to someone else. Hashi will change this by keeping Bitcoin on the Bitcoin network while opening up financial services on Sui; the Hashi mainnet is launching soon.

According to Odaily, a Fox Business crypto reporter posted on X that several Democratic senators, including Gillibrand, Warner, Booker, Warnock, Gallego, and Cortez Masto, all voted against the Clarity Act. These senators had been involved in negotiations over the bill for months, and attention is now on Sen. Alsobrooks' vote.

According to Bitcoin Magazine monitoring, the U.S. Senate failed to pass the Clarity Act in a procedural cloture vote.

Odaily News: Digital asset platform Bitcoin.com has launched tokenized US stocks and ETF services for eligible users in the United States. The service is provided by tokenized securities infrastructure company Dinari, and users can access the related assets directly through Bitcoin.com Wallet.

Dinari offers tokenized US stocks and ETFs through dShares, currently supporting 724 assets, including all constituents of the S&P 500 Index. Each dShare is directly linked to the corresponding US security held by a licensed custodian.

Bitcoin.com is the first partner to deploy the Dinari Embedded Trading App, allowing users to browse stocks and ETFs, access market data, execute trades, and manage portfolios without leaving the existing product. The infrastructure also supports integration by brokerages, wallets, and fintech platforms. (Bitcoin.com News)

Odaily News: The U.S. Senate failed to advance the CLARITY Act, as the motion to end debate did not reach the required 60 votes; the roll call vote is still ongoing, with the current tally at 47-47.

Odaily News: A Fox Business crypto reporter posted on X that Clarity Act author @SenLummis is lobbying for a vote, calling on Democrats to vote to advance the bill after Republicans made major concessions on ethics rules and other provisions. The reporter said that, according to their previous post, bipartisan negotiations appear to have suddenly ended.

Odaily News: Solana lending protocol Kamino has announced the appointment of Yieldstreet co-founder Michael Weisz as Chief Executive Officer, with plans to establish its headquarters in New York. Kamino currently manages assets totaling $1.4 billion.

Kamino plans to expand its lending business for tokenized real-world assets, covering blockchain-based home equity loans, and to strengthen ties with Wall Street institutions.

Kamino stated that the platform has processed over $650 billion in cumulative transaction volume over the past four years; its PRIME lending market surpassed $600 million in deposits within 107 days of launch. (CoinDesk)

According to Onchain Lens monitoring, BlackRock bought and withdrew 1,698.44 BTC, worth approximately $130 million, and 11,700 ETH, worth approximately $28.3 million, from Coinbase Prime.

Odaily News: Carolyn Wilkins, a member of the Bank of England (BoE) Financial Policy Committee, said that the growth of dollar stablecoins could reinforce the dollar's global dominance and increase demand for US Treasuries. Speaking at Queen's University Belfast, she noted that dollar stablecoins can facilitate cross-border settlement and expand access to dollar-denominated assets outside the United States.

Tether, the issuer of USDT, and fintech company Circle, the issuer of USDC, held nearly $150 billion in US Treasuries by the end of 2025 and bought about $33 billion that year. Wilkins pointed out that large-scale stablecoin redemptions could force issuers to sell Treasuries, thereby amplifying volatility in stressed markets.

Total stablecoin circulation has now exceeded $300 billion, with 98% of that value pegged to the US dollar. Wilkins said this gives the dollar a significant first-mover advantage, and the development of the stablecoin market now has implications beyond the cryptocurrency sector.

The development of pound sterling stablecoins has been relatively slow. The UK Financial Conduct Authority has tested potential issuers through a dedicated regulatory sandbox and finalized UK stablecoin issuance rules in June; the Bank of England has also tested the feasibility of using stablecoins in coordination with a simulated digital pound for cross-border trade payments. (Cointelegraph)