Today’s crypto news centered on U.S. policy uncertainty, infrastructure and compliance moves, a data-security incident at Revolut, and two large political donations from crypto billionaires in the U.K.
U.S. Senate faces uncertainty on the Clarity Act vote
The crypto industry is waiting on a Sept. 15 Senate vote on the Clarity Act, but the timing remains uncertain and the measure could be delayed or change form. Reporting on the issue describes the bill’s prospects as unresolved as the Senate returns.
Sources: CoinDesk
Bitcoin Suisse plans job cuts and shifts work abroad
Bitcoin Suisse said it plans to cut up to half of its Swiss jobs as it moves work overseas to reduce costs. The company is also closing its Copenhagen IT site, keeping its Bratislava operation, and opening a new hub in Vietnam.
Sources: CoinDesk
Ripple highlights corporate treasury use cases for RLUSD
Ripple’s stablecoin chief said RLUSD could find a large corporate treasury market and pointed to payments and capital markets as growth drivers. The company is also looking to bring RLUSD to Europe under MiCA.
Sources: CoinDesk
Revolut exposed customer crypto data in a fraudulent request
Revolut reportedly handed over passports, selfies, home addresses and Bitcoin transaction histories after accepting a fake government request sent from an official-looking email domain. The reporting says no customer funds were lost, but a limited number of users were affected.
Crypto billionaires made record political donations to Reform UK
Two crypto billionaires gave Reform UK $97 million in combined donations within 24 hours, according to multiple reports. The contributions were described as among the largest political donations in U.K. history and included gifts from Ben Delo and Christopher Harborne.
Sources: CoinDesk, Decrypt, Cointelegraph