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[News Brief] Apr 22, morning | Senate Democrats plan to block the cloture vote on the CLARITY Act

U.S. Senate Democrats plan to block the cloture vote on the CLARITY Act, citing stalled ethics negotiations, making it increasingly likely that the bill will fail to secure the 60 votes needed before the August 7 recess. No meaningful progress has reportedly been made in the related ethics talks.

[News Brief] Apr 22, morning | Senate Democrats plan to block the cloture vote on the CLARITY Act

Senate Democrats plan to block the cloture vote on the CLARITY Act

U.S. Senate Democrats plan to block the cloture vote on the CLARITY Act, citing stalled ethics negotiations. As a result, the bill is increasingly unlikely to secure the 60 votes needed before the August 7 recess. Punchbowl News reported that Democrats do not intend to provide the votes required for cloture. The lack of meaningful progress in the related ethics negotiations was cited as the main reason. A cloture vote is a procedural step in the U.S. Senate used to end debate and move a bill to a final vote. It requires 60 votes to pass.

Reports say the United States, Iran, and Oman are close to a 60-day interim agreement regarding the Strait of Hormuz

Reports say the United States, Iran, and Oman are close to reaching a 60-day interim agreement regarding the Strait of Hormuz. BlockBeats reported on the 5th that the three countries were nearing such a temporary deal.

Iran says it will not reopen the Strait of Hormuz even if an agreement is reached if U.S. violations continue

Iran said it will not reopen the Strait of Hormuz even if the two sides reach an agreement, provided that U.S. violations continue. Odaily reported that Iran made U.S. compliance with the agreement a precondition for reopening the waterway. Iranian officials said that merely reaching a deal would not be enough to reopen the strait if the United States continues to violate the agreement.

BlackRock launches stablecoin reserve fund BRSRV and brings short-term U.S. Treasuries on-chain via Solana, Ethereum, and Tempo

BlackRock has launched the stablecoin reserve fund BRSRV and is bringing short-term U.S. Treasuries on-chain through the Solana (SOL), Ethereum (ETH), and Tempo blockchains. Odaily reported that BRSRV will manage short-term U.S. Treasuries used as stablecoin reserve assets on-chain. The product connects tokenized Treasuries with stablecoin reserve infrastructure.

Russian President Vladimir Putin signs comprehensive digital currency regulation law

Russian President Vladimir Putin has signed a comprehensive digital currency regulation law. Its key provisions will take effect on September 1. TechFlow reported that the new legislation includes measures that could reshape Russia’s crypto regulatory direction.

Report says a Canadian Bitcoin holder recently lost 25% of holdings in a COLDCARD hack

A Canadian Bitcoin (BTC) holder reportedly lost 25% of his holdings in a recent COLDCARD hack. The total damage is estimated to have exceeded $100 million. The Block reported on the 5th that the victim lost a quarter of his Bitcoin holdings in the attack. Galaxy Research said total losses had already surpassed $100 million and could reach as high as $130 million if the attack continues.

Boltz suspends Bitcoin exchange service indefinitely due to surge in AI-assisted attacks

Boltz has suspended its Bitcoin (BTC) exchange service indefinitely, citing a surge in AI-assisted attacks. Odaily reported that the company took the measure in response to the increase in such attacks.

Bybit’s Austrian payments subsidiary secures e-money license

Bybit’s Austrian payments subsidiary has secured an e-money license, enabling the company to expand payment services across the European Union. Cointelegraph reported that the regulatory approval allows Bybit to develop card payment and merchant payment services. Its scope also includes open banking and peer-to-peer (P2P) payment services.

U.S. investors and businesses can now trade 724 tokenized U.S. stocks and ETFs on Avalanche through Dinari

U.S. investors and businesses can now trade 724 tokenized U.S. stocks and ETFs on Avalanche through Dinari. Odaily reported that after Dinari opened trading access, U.S. investors and companies became able to trade those tokenized assets on Avalanche.

Brazilian crypto asset manager Hashdex to close and liquidate U.S. spot Bitcoin ETF

Brazilian crypto asset manager Hashdex is closing and liquidating its U.S. spot Bitcoin (BTC) ETF. The fund reportedly still holds 225 BTC. Hashdex submitted the relevant filing to the U.S. Securities and Exchange Commission on August 3, according to BlockTempo. BlockTempo also reported that investor funds were shifting toward AI-themed investments alongside the ETF liquidation.