Velvet
6h Crypto Recap: CLARITYAct, SEC, XRP, Nvidia, Bitget — Policy meets hype
#Nvidia, #Meta, and #Microsoft warned US policymakers that restricting open-weight AI could backfire as Chinese AI models improve. They argued that overly tight rules may weaken US competitiveness. ⚠️
#CLARITYAct drew fresh support from crypto advocacy groups pushing for clearer market structure rules. The debate also centered on proposed ethics-related provisions tied to the bill.
#CLARITYAct faced sharp criticism from a Democratic senator who called the GOP ethics approach not a serious effort. The dispute added more friction to the bill’s path forward.
6h Crypto Recap: Bitcoin, XRP, Ethereum, Chainlink — Signals clash
Lawmakers are again pushing for clearer crypto market rules through the proposed #CLARITY_Act. The debate is refocusing attention on how tokens like #XRP could be treated under US frameworks ⚖️.
#Binance saw notable net outflows in its latest weekly tracking, with #Ethereum withdrawals standing out. The flow data is being watched as a real-time gauge of exchange liquidity.
#Vitalik_Buterin outlined a “lean” direction for #Ethereum development. The focus is on simplifying the stack and improving efficiency without bloating the protocol 🧩.