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Atkins says the agency will keep building digital asset regulation even if the market structure bill stalls in Congress. SEC Chair Paul Atkins has publicly backed the CLARITY Act, according to CoinDesk and CoinGape. The bill aims to establish clearer boundaries between securities and commodities regulators over digital assets.

Federal prosecutors allege the funds trace back to black market oil proceeds moved through digital asset channels to evade U.S. sanctions. The U.S. Department of Justice is seeking to seize approximately $61 million in cryptocurrency assets it links to Iranian black market oil sales.

Traders are watching a congressional vote on crypto market structure legislation, but analysts warn conditions could limit any XRP rally. XRP price forecasts are drawing attention ahead of a scheduled vote on the CLARITY Act. The bill addresses crypto market structure and could shape how digital assets like XRP are regulated going forward.

Thai payments firm embeds a baht-linked digital asset wallet into its app using infrastructure from custody provider Fireblocks. TrueMoney has partnered with Fireblocks to launch an embedded digital wallet supporting THBT, a token tied to the Thai baht, on the Base blockchain.

Engineers from both networks have ended talks aimed at merging their separate account abstraction proposals into one shared standard. Ethereum and Base developers have called off an attempt to merge their competing account abstraction proposals into a single, shared standard.

Ripple's Garlinghouse voices support for Treasury Secretary Bessent's case for the bill as lawmakers finalize the crypto market structure legislation. The CLARITY Act is approaching a decisive moment in the Senate, with lawmakers finalizing the text of a bill designed to clarify how digital assets are regulated in the United States.

Banking groups want stricter limits on stablecoin yield as lawmakers finalize market-structure legislation US banks are asking senators to tighten rules around stablecoin rewards before lawmakers vote on the CLARITY Act, according to Cryptopolitan. The push comes as the bill moves toward a final Senate decision on how digital dollar-pegged tokens should be regulated.

The company directed capital toward its STRC preferred stock instead of adding to its Bitcoin treasury this cycle. Strategy has repurchased $139 million in STRC preferred stock, according to reporting from BlockchainReporter and AMBCrypto. The company's Bitcoin treasury remained unchanged at 845,050 BTC following the transaction. No new coins were added during this period.

The National Bank of the Kyrgyz Republic will use CertiK's blockchain security tools to oversee its planned digital currency The National Bank of the Kyrgyz Republic has brought in CertiK to support security and oversight of its digital som initiative. CertiK is a blockchain security firm known for smart contract audits and on-chain monitoring tools.

The exchange has told users to withdraw funds ahead of a December deadline, citing a significant contraction in the crypto market. CoinEx has told its users to prepare for the end of the exchange’s operations. The platform will cease functioning by December 22, according to reports.

A federal complaint alleges illicit Iranian oil proceeds were laundered through crypto transactions, with Binance named as the platform used. Federal prosecutors have moved to seize $61 million in cryptocurrency they say represents proceeds from illicit Iranian oil sales.

A newly revised version of the crypto market structure bill is drawing resistance from multiple camps just before lawmakers are set to vote. The Clarity Act has been positioned in Washington as an attempt to settle years of uncertainty over which federal agency should oversee digital assets.

Finbold and CoinTurk News EN both cover Ali Martinez's $1.60 target for XRP but give opposite readings of whether the $1.38 breakout has already occurred. Finbold and CoinTurk News EN both cover Ali Martinez's $1.60 target for XRP but give opposite readings of whether the $1.38 breakout has already occurred.

The move comes a day before a scheduled cloture vote on the crypto market structure bill. Senate Democrats intend to submit a counterproposal to Republicans on the CLARITY Act, Politico reported. The move follows a GOP offer described as final, setting up a last-minute negotiation ahead of a scheduled cloture vote.

Federal prosecutors say the funds moved through Binance accounts the department had previously cleared as compliant. The Department of Justice has asked a federal court to seize approximately $61 million in funds it says represent proceeds from Iranian oil sales.

CryptoBriefing and Coinpedia agree Trump conceded to let state AGs enforce CLARITY Act ethics rules but disagree on whether the deal requires him to divest his crypto holdings. CryptoBriefing and Coinpedia agree Trump conceded to let state AGs enforce CLARITY Act ethics rules but disagree on whether the deal requires him to divest his crypto…

CryptoBriefing and Bitcoin.com News both covered the same Clarity Act revision this week and cited different prediction-market odds for its passage, and nothing in the record says which is right. CryptoBriefing and Bitcoin.com News both covered the same Clarity Act revision this week and cited different prediction-market odds for its passage, and nothing…

South Korea's largest crypto exchange reports XRP leading turnover ahead of Bitcoin on its platform. Upbit has reported approximately $8 billion in trading volume over a recent weekly period. The exchange is the largest crypto trading venue in South Korea by most measures.