Bipartisan Senate talks over crypto ethics turned rocky this week after a 
Democratic source described an &#8220;about-face&#8221; by GOP members and the White House 
on a prior enforcement agreement. The disputed provision would have allowed 
state attorneys general to sue the Justice Department for failing to enforce 
certain crypto ethics requirements. As Punchbowl News and […]
The post CLARITY Act momentum slows to a crawl as lawmakers clash over crypto 
ethics rules appeared first on CryptoSlate.

Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an &#8220;about-face&#8221; by GOP members and the White House on a prior enforcement agreement. The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements. As Punchbowl News and &#8230;

CLARITY Act momentum slows to a crawl as lawmakers clash over crypto ethics rules

A 2021 Citibank document that used the phrase “Regulated Internet of Value” 
sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto 
Insights argued the wording was later shifted to “Regulated Liability Network” 
because the link to Ripple was too obvious. Related Reading: Security 
Milestone: XRP Lending Protocol Completes Military-Grade Assessment He says 
that paper trail, along with years of weak price action, points to a token 
that may be held down for reasons that are bigger than ordinary market 
trading. A Price That Would Not Move XRP’s chart is the first thing Jesse 
points to. The token reached $3.84 during the 2018 bull run and later touched 
$3.60 earlier in this cycle, yet it has spent much of the past decade moving 
sideways while Bitcoin climbed far higher. Jesse called that mismatch hard to 
explain under a normal market setup and said, in his view, suppression is one 
possible answer. The claim is not presented as proof. Jesse frames it as his 
opinion, but he ties it to a wider argument about how the financial system may 
change if XRP ends up in a deeper role than simple payments. The Internet Of 
Value Thesis Jesse says XRP should be viewed as part of an “internet of value” 
rather than just another crypto asset. He links that idea to Ripple’s 
Interledger Protocol, which he says is meant to move value in the same way the 
internet moves information. From there, he says the trail runs through several 
institutional documents and speeches. According to Jesse, Citibank’s Tony 
McLaughlin has described the Regulated Liability Network and the shared ledger 
idea as the same concept, and he says the Bank for International Settlements 
has also talked about a unified ledger that could replace correspondent 
banking and even Swift. The researcher’s case is built on that chain of 
references. He argues that if major banks are preparing a new settlement 
system, an asset tied to that system may not be allowed to swing wildly in 
price, since volatility would be a problem for anything meant to function as a 
reserve or settlement layer. Related Reading: SpaceX Exposure Comes To Bybit 
Through New Tokenized Product – Details What The Theory Still Lacks Jesse does 
not present hard evidence of manipulation. His argument is based on 
interpretation rather than any public proof of coordinated price control, and 
it ultimately leaves the question unresolved, with no definitive conclusion 
drawn on market behavior. Featured image from Unsplash, chart from TradingView

A 2021 Citibank document that used the phrase “Regulated Internet of Value” sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto Insights argued the wording was later shifted to “Regulated Liability Network” because the link to Ripple was too obvious. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade &#8230;

XRP Being Suppressed? Researcher Reveals Why The Token Isn’t Soaring

Ant International has weighed a $1 billion fundraising round at a valuation of 
at least $10 billion as the Singapore-based fintech unit posts eight straight 
quarters of profitability and expands its cross-border payments business. 
According to Bloomberg, Ant Group’s overseas…

Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. According to Bloomberg, Ant Group’s overseas…

Ant International targets $10 billion valuation in planned funding round

The UK&#8217;s strategic investments in tech startups could bolster domestic 
innovation, but inconsistent support may deter broader investor confidence.
The post UK government takes stakes in Kraken, Wayve, and Oxford Quantum 
Circuits to retain high-growth startups appeared first on Crypto Briefing.

The UK&#8217;s strategic investments in tech startups could bolster domestic innovation, but inconsistent support may deter broader investor confidence. The post UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups appeared first on Crypto Briefing.

UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups

The shift in oil tanker routes to the Suez Canal highlights vulnerabilities in 
global energy logistics, impacting commodity prices and inflation.
The post Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz 
crisis reshapes global shipping appeared first on Crypto Briefing.

The shift in oil tanker routes to the Suez Canal highlights vulnerabilities in global energy logistics, impacting commodity prices and inflation. The post Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping appeared first on Crypto Briefing.

Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping

Humanity Protocol price rebounds 23% after a $36M exploit, but bearish 
momentum, falling open interest and a June unlock may limit recovery.

Humanity Protocol price rebounds 23% after a $36M exploit, but bearish momentum, falling open interest and a June unlock may limit recovery.

CLARITY Act momentum slows to a crawl as lawmakers clash over crypto ethics rules

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