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đš U.S. Senate Unveils Principles for Its Version of the CLARITY Act đ The Senate Banking Committee, led by Senator Tim Scott, has just released the foundational principles for its version of the CLARITY Act, a pivotal step toward establishing a comprehensive crypto regulatory framework. đ This comes on the heels of last weekâs stablecoin bill passage, signaling real momentum in Washington toward clearer rules for digital assets. đ Released ahead of todayâs hearing, these principles outline the Senateâs intent to shape the future of crypto markets with responsible innovation, consumer protection, and market stability at the core. âïž As the U.S. takes steps to define cryptoâs legal landscape, all eyes are on Capitol Hill. Will 2024 be the year of regulatory clarity? #CryptoRegulation #CLARITYAct #USSenate #Stablecoins #Web3 https://coingape.com/us-senate-unveils-principles-for-its-version-of-clarity-act/
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đš Polymarket Eyes $1B Valuation with $200M Fundraise đ Polymarket, the leading blockchain-based prediction platform, is reportedly in talks to raise $200 million in fresh funding â pushing its valuation to $1 billion, per The Information. đź If the deal goes through, it would mark a major milestone for crypto-native prediction markets and signal strong investor confidence in the future of decentralized forecasting and real-world event betting. đ As the world turns to data-driven decisions, are on-chain prediction markets becoming the next big frontier in Web3? #Polymarket #Crypto #Blockchain #PredictionMarkets #Web3 https://coingape.com/polymarket-eyes-1b-valuation-with-new-200m-crypto-fundraise/
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đš WazirX Secures Court-Approved Breathing Room in Singapore đš đžđŹ Indian crypto exchange WazirX just received a crucial lifeline â the Singapore Court has extended its moratorium, allowing the company more time and space to present fresh arguments for its restructuring plan. đ After facing initial setbacks, this move marks a second chance for the exchange to reset its path forward and potentially stabilize its operations amid growing pressure in the crypto landscape. âïž Key Takeaway: Legal clarity and regulatory patience can make or break a crypto firm's future. đ Will WazirX make the most of this opportunity? #WazirX #Crypto #SingaporeCourt #Blockchain https://coingape.com/wazirx-news-singapore-court-grants-moratorium-extension/
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đš Jerome Powell Holds the Line on Rate Cuts â âPatience Over Pressureâ đ In todayâs Capitol Hill testimony, Fed Chair Jerome Powell reaffirmed the FOMCâs wait-and-see stance on interest rate cuts. đą Powell emphasized that the Fed remains comfortable waiting rather than rushing into policy easing â signaling that economic stability > political urgency. â ïž He also plans to address the potential inflationary risks of Trump-era tariffs, warning they could reignite price pressures across the economy. đ As markets hang on every word, the message is clear: the Fed is cautious, calculated, and not easily swayed. đ Whatâs your take on the Fedâs strategy? Time to cut, or wait it out? #FOMC #FederalReserve #InterestRates #Inflation https://coingape.com/jerome-powell-maintains-position-on-fed-rate-cuts-in-capitol-hill-testimony/
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đš Bitcoin for Your Mortgage? A New Era May Be Coming đșđž In a groundbreaking shift, FHFA Director Bill Pulte has revealed plans to explore crypto holdingsâlike Bitcoinâas part of mortgage underwriting in the U.S. đą This means your digital assets could soon count toward your income and wealth when applying for a home loan. A move that could reshape how financial institutions assess creditworthiness in the age of decentralization. đ If implemented, this could be a game-changer for crypto investors looking to enter or expand in the real estate market. đ Is the financial system finally catching up to the crypto economy? #Bitcoin #Mortgage #Crypto #FHFA #RealEstate https://coingape.com/bitcoin-qualify-collateral-mortgage-us/
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