U.S. Stocks Close Lower; Nasdaq Falls 0.01%

The three major U.S. stock indexes closed lower on September 17. The Nasdaq Composite fell 0.01% from the previous session to 25,978.43. The Dow Jones Industrial Average dropped 1.21% to 51,462.55, while the S&P 500 declined 0.40% to 7,555.36.

Fed Chair Warsh Says He Won’t Prejudge Future Rate Decisions, Cites Too Little Evidence of Inflation Progress

Kevin Warsh, chair of the U.S. Federal Reserve, said he would not prejudge future monetary policy decisions, including on interest rates, and that there is still too little evidence that inflation has improved enough. Walter Bloomberg reported on Sep

Fed Says Rate Hikes Will Speed Inflation's Return to 2% Target

The Federal Reserve said inflation remains elevated and that higher interest rates will help bring inflation back to its 2% target. In a statement on September 16, the Federal Open Market Committee said rate hikes would support "a more timely return"

US House Ways and Means Committee Advances Digital Asset Tax Clarity Act, Seeks $10 Exemption for Small Crypto Transactions

The US House Ways and Means Committee approved the Digital Asset Tax Clarity Act, or H.R. 10357, which clarifies taxation standards for digital assets and sends the measure to the full House. CoinDesk reported on September 16 that the committee passe

Aave to Launch Real-World Asset Lending Market on Avalanche

Decentralized finance protocol Aave is set to launch a real-world asset-backed lending market on Avalanche. Cointelegraph reported on September 16 that Aave plans to build a market on Avalanche where institutional investors can post tokenized real-wo

US Senator Kennedy Says Clarity Act Defeat Was No Surprise, Bill Isn’t Dead

Republican Senator John Kennedy said the Senate’s rejection of the Clarity Act was not unexpected and signaled the legislation could still be revived. Eleanor Terrett, host of the Crypto in America podcast, said on September 15 that Kennedy believes

Elizabeth Warren Warns Clarity Act Could Trigger US Economic Crisis

Sen. Elizabeth Warren warned that passage of the Clarity Act could pose a serious risk to the US economy. Cointelegraph reported on September 15 that Warren argued the US could face an economic crisis if the Clarity Act is enacted. Warren, who oppose

U.S. 20-Year Treasury Auction Clears at 5.420%, Keeping Long-Term Yields Elevated

The U.S. Treasury’s auction of 20-year notes cleared at 5.420%, underscoring the persistence of elevated long-term borrowing costs. Walter Bloomberg reported on September 15 that the $13 billion 20-year Treasury auction held that day stopped at 5.420

Tim Scott’s Office Says Republicans Made 126 Changes to CLARITY Act to Meet Democratic Demands

Tim Scott’s office said Republicans made a total of 126 changes to the CLARITY Act during negotiations to accommodate Democratic demands. Cointelegraph reported on September 15 that Scott’s office said Republicans revised the CLARITY Act 126 times in

US Stocks Close Lower; Nasdaq Falls 0.56%

The three major U.S. stock indexes closed lower on September 15. The Nasdaq Composite fell 0.56% from the previous session to 26,186.41. The Dow Jones Industrial Average closed down 0.29% at 52,421.28, while the S&P 500 ended 0.47% lower at 7,620.95.

US Weighs Phased Deal With Iran in Bid to End Conflict

The US is considering a phased approach to an agreement with Iran as it seeks to end the conflict, according to a report. Walter Bloomberg reported on September 14 that the US is weighing a step-by-step deal with Iran rather than trying to reach a co

UK Regulators to Publish Tokenization Roadmap This Year After BlackRock, Coinbase Submit Feedback

The Financial Conduct Authority and the Bank of England plan to publish a roadmap for the tokenization of financial assets later this year. Cointelegraph reported on September 14 that regulators received a total of 123 responses during a consultation

Attorneys General From 18 US States Urge Congress to Reject Clarity Act Over Crypto Fraud Concerns

Attorneys general from 18 US states, including New York Attorney General Letitia James, urged Congress to reject the Clarity Act, a crypto market-structure bill. Cointelegraph reported on September 14 that James and 17 other state attorneys general s

Swiss Bitcoin Pay Halts Servers After Suspected Breach, Customer Data May Be Exposed

Swiss Bitcoin Pay has temporarily halted its servers after a suspected security breach. Crypto Briefing reported on September 14 that Swiss Bitcoin Pay believes some customer information and transaction data may have been exposed externally in the in

Iran, Gulf States Postpone Oman Talks on Strait of Hormuz Shipping, New Date Undisclosed

Iran and Gulf states have postponed talks in Oman that were meant to address shipping through the Strait of Hormuz. Walter Bloomberg reported on September 13, citing Omani Foreign Minister Badr Albusaidi, that the meeting originally scheduled for Sep

US Energy Secretary Urges Caution on Hopes for Quick Strait of Hormuz Deal With Iran

US Energy Secretary Chris Wright said markets should be cautious about expecting a swift resolution to talks with Iran over the Strait of Hormuz. Walter Bloomberg reported on September 13 that about 10 million barrels of crude a day are being supplie

Trump Reaffirms Plan to Pay $5,000 ‘Trump Dividend’ to Every US Adult

President Donald Trump reaffirmed plans to pay a so-called "Trump dividend" of $5,000 to every adult in the US. In a Truth Social post on Sept. 11, Trump wrote that the $5,000 dividend "will be paid" and that "our people deserve it." He said the US h

Latin America’s Largest Digital Bank Nu Enters US Market With 3.5% Yield, Crypto Trading

Nu, Latin America’s largest digital bank, is entering the US market with services including a 3.5% annual yield, cashback, global remittances and cryptocurrency trading. Cointelegraph reported on September 11 that the company plans to launch a financ

UniCredit Seeks Partners for Crypto Trading, Custody and Tokenized Investment Infrastructure

Italy’s second-largest bank, UniCredit, is seeking partners to build infrastructure for cryptocurrency trading, custody and tokenized investment products, Cointelegraph reported on September 11. UniCredit is reviewing partnerships with external firms

Robinhood Chain Sees DeFi Trading Combine Stock Tokens With Memecoin BONER

A new form of decentralized finance is emerging on Robinhood Chain, where stock tokens tied to healthcare companies are traded directly against the memecoin BONER, combining traditional financial assets with meme tokens. Cointelegraph reported on Sep

U.S. Stocks Close Lower; Nasdaq Falls 0.65%

The three major U.S. stock indexes closed lower on September 11. The Nasdaq Composite fell 0.65% from the previous session to 26,081.73. The Dow Jones Industrial Average dropped 0.60% to 52,064.46, while the S&P 500 fell 0.58% to 7,591.79.

SEC Chair Paul Atkins to Deliver Closing Keynote at Solana Summit on September 14

Paul Atkins, chair of the U.S. Securities and Exchange Commission, will deliver the closing keynote at the Solana Summit on September 14. Crypto Briefing reported on September 10 that Atkins is scheduled to speak at 5:10 p.m. Eastern time at the summ

White House Official Says Time Is Running Out to Pass CLARITY Act

Patrick Witt, a White House official, urged Congress to swiftly pass the CLARITY Act, a market-structure bill for digital assets. Cointelegraph reported on September 10 that Witt said the time for Congress to approve the CLARITY Act is running short.

MoneyGram Launches Stellar-Based Stablecoin Visa Card in Colombia

MoneyGram has launched a Visa card for stablecoin payments built on the Stellar network. Cointelegraph reported on September 10 that the card supports payments using stablecoins and operates on Stellar. The service will debut in Colombia, allowing us

Solana Policy Institute Chief Says Confidence in CLARITY Act Passage Has Slipped Since Spring

Kristin Smith, chief executive of the Solana Policy Institute, said she remains optimistic that the CLARITY Act will pass, though she is less confident than she was in the spring. In an interview with Crypto in America on Sept. 9, Smith said she stil

Former Ripple CTO Says XRP Could One Day Surpass Bitcoin by Market Cap

Former Ripple Chief Technology Officer David Schwartz said XRP could eventually surpass Bitcoin in market capitalization. CoinGape reported on Sept. 9 that Schwartz made the remarks on X, formerly Twitter, in response to a question during an X Space

AI Data Center Power Demand Surge Pressures US Bitcoin Miners

A surge in power demand from artificial intelligence data centers is intensifying competition for electricity in the US Bitcoin mining industry. Cointelegraph reported on Sept. 9 that the AI boom has sharply increased data centers' electricity needs,

Anthropic Says Extreme AI Adoption Could Push U.S. GDP to $44.4 Trillion by 2030

Anthropic has unveiled a new scenario exploration tool analyzing how the spread of artificial intelligence could affect the economy. In a scenario of extreme AI adoption, U.S. gross domestic product could reach $44.4 trillion by 2030. Cointelegraph r

New York Stocks Close Lower; Nasdaq Falls 0.32%

The three major U.S. stock indexes closed lower on September 9. The Nasdaq Composite fell 0.32% from the previous session to 26,421.41. The Dow Jones Industrial Average closed down 1.17% at 52,787.53, while the S&P 500 fell 0.55% to 7,676.14.

Ripple CLO Urges Senators to Hear From Crypto Holders Before CLARITY Act Vote

Stuart Alderoty, Ripple's chief legal officer, urged U.S. senators to hear directly from cryptocurrency holders ahead of a vote on the CLARITY Act. On Sept. 8, Alderoty wrote on X, formerly Twitter, that he had personally asked the offices of senator