Crypto Markets & On-Chain Ecosystem Developments

According to CoinDesk, on August 19, the U.S. Financial Accounting Standards Board (FASB) proposed classifying qualifying stablecoins as cash equivalents. Under the proposal, stablecoins backed by liquid reserves, annual disclosure of reserve assets, and redeemable at a 1:1 ratio for U.S. dollars

According to The Block, Ripple Chief Legal Officer Stuart Alderoty said on August 19 that a September 15 Senate procedural vote will be critical for the CLARITY Act's prospects, with 60 votes needed to advance the legislation. Alderoty noted that if the bill fails, the SEC and CFTC will continue

According to The Block, on August 19, White House senior crypto advisor Patrick Witt expressed "optimistic and bullish" views on the Clarity Act's passage at the SALT conference, with the Senate majority leader scheduling a cloture vote for September 15. Witt stated he will negotiate with

According to Dune data, Flap token issuance reached 47,551 on August 18, up 24.4% from 38,231 on August 17. The surge follows the listing of Bull, a BSC meme coin, on Binance Alpha, which briefly pushed its market cap above $50

According to The Block, on August 19, Solana Policy Institute CEO Miller Whitehouse-Levine stated that the CLARITY Act has only a 10% probability of passing before the November midterm elections. Prediction market odds for the bill becoming law by year-end have fallen sharply to 21% on Polymarket an

According to ChainCatcher, ZK verification layer project Aligned has unveiled details for its Genesis Drop airdrop. The allocation carves out 8.74% from a fixed total supply of 10 billion ALIGN tokens for the crypto, Ethereum, and ZK communities. At token generation event (TGE), 44.36% of the total

On August 18, the Securities and Exchange Commission announced Regulation Crypto Assets, creating two federal exempt offering routes for crypto investment contracts. A one-time startup exemption would allow offerings of up to $5 million over a period lasting up to four years. A separate

According to the SEC, the U.S. Securities and Exchange Commission unveiled a new regulatory framework called "Regulation Crypto Assets" on August 19, designed to provide more flexible compliance pathways for digital asset issuers. The framework includes a startup exemption allowing projects to

According to BlockBeats, citing OnchainLens monitoring, Multicoin Capital transferred 172,710 HYPE tokens worth approximately $10.15 million to Coinbase Prime on August 19. The investment firm currently retains approximately 2.16 million HYPE tokens valued at roughly $126.63 million.

RTB Digital, Inc. (NASDAQ: RTB), operating as Roundtable, rang the Nasdaq closing bell at the MarketSite in Times Square on Monday, unveiling its AI/DeFi-powered enterprise media platform built for the professional media industry. The ceremony marked the company's public debut, with CEO James

RTB Digital, Inc. (Nasdaq: RTB), trading as Roundtable, rang the Nasdaq closing bell on Monday at Times Square to celebrate its public debut and platform launch for professional media. The company's AI/DeFi platform completed beta testing with millions of network users. Roundtable integrated with

According to Gate, silver (XAGUSD) fell to $62.97 per ounce, down 4.3% over the past 24 hours.

According to The Information, prediction market platform Kalshi's annualized revenue surpassed $40 billion, as the company seeks a $400 billion valuation, as reported on August 12.

According to VanEck, eight of 12 indicators in its "Bitcoin Capitulation Check" are signaling capitulation territory on Tuesday, suggesting Bitcoin's roughly 11-month pullback may be nearing its end and entering an accumulation phase. Bitcoin was trading near $64,700, down approximately 48% from its

According to Peter Schiff, the gold-focused economist and bitcoin critic, the cryptocurrency faces a key resistance level at $65,000 that could trigger significant selloffs if breached downward. Bitcoin has been trading between $58,000 and $65,000 since early July, roughly 50% down from its 2026

Ripple announced on August 18 that Jeonbuk Bank became the first regional bank in South Korea to deploy Ripple Payments for cross-border remittances. Within hours, XRP fell below $1 for the first time since November 2024. On August 19, XRP trades around $0.99, testing the $1 level for the ninth

According to the US Securities and Exchange Commission on Tuesday, the agency proposed new rules to create a "clear and fit-for-purpose framework for certain investment contracts involving crypto assets." The proposed "tailored securities offering regime" would exempt token issuers from raising up t

According to X posts, Coinbase CEO Brian Armstrong expressed support for SEC progress on token classification and called for swift passage of the CLARITY Act. Armstrong praised Paul S. Atkins and the SEC for advancing token classification as a necessary step toward modernizing the U.S. financial

Solana Policy Institute CEO Miller Whitehouse-Levine assessed the Clarity Act's chances of passing before the November midterm elections at approximately 10% during the Wyoming Blockchain Symposium 2026. Whitehouse-Levine described the legislation as currently in 'August recess purgatory,' noting th

According to Solana Policy Institute CEO Miller Whitehouse-Levine at the Wyoming Blockchain Symposium 2026 on August 18, the Clarity Act has only about 10% odds of becoming law before the November midterm elections. "Right