Republicans Hope For Democratic Support on Crypto Clarity Act. Coinbase Opens 'Launches' Tab for New Base, Solana Tokens.
Republicans Hope For Democratic Support on Crypto Clarity Act
Senator Dave McCormick stated that some Democrats are intentionally delaying the Clarity Act, a crypto market structure bill, despite lawmakers' hopes to pass it this week. He emphasized the urgency for a vote to bring clarity to crypto regulation in the Senate. The Trump family’s involvement in crypto, including profits from meme coins and decentralized finance protocols, has raised allegations of conflicts of interest, although the White House denies any wrongdoing by the President. Concerns have been raised about conflicts of interest involving President Trump, whose family has profited from meme coins and the decentralized finance protocol World Liberty Financial. Despite this, the White House denies any wrongdoing by the President.
The CLARITY Act has received support from major institutions like Fidelity and Goldman Sachs, as well as crypto lobby groups and politicians, who believe the revised bill works in its current form, despite criticism from some Democrats and Republicans. President Trump's family has been involved in crypto business interests, including meme coins and the decentralized finance protocol World Liberty Financial, raising allegations of conflicts of interest, though the White House denies any wrongdoing.
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Coinbase Opens 'Launches' Tab for New Base, Solana Tokens
The new tab highlights the most popular and trending tokens on Base and Solana moments after their launch, providing users with key data and risk signals on all tokens. Coinbase had previously teased this feature in a June post, emphasizing its role in token discovery. The new tab provides users with access to key data and risk signals on all tokens featured. Coinbase had previously teased this feature in June, emphasizing its role in showcasing trending tokens on Base and Solana networks soon after launch. The 'Launches' tab provides access to key data and risk signals on all tokens, enhancing user insight into new token offerings. Coinbase had previously teased this feature in June, emphasizing its role in highlighting trending tokens on Base and Solana.
Coinbase has not yet disclosed which app surface the Launches tab operates on or the full list of eligible regions, leaving users and observers awaiting further details on accessibility and geographic availability. The new tab provides users with access to key data and risk signals on all tokens featured. Coinbase had previously teased this feature in a June post, emphasizing its role in showcasing trending tokens on Base and Solana immediately after launch.
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Securitize builds Wall Street credentials with SEC adviser license as tokenization expands
Securitize Capital, a subsidiary of Securitize, has registered as an SEC adviser, marking a significant step in the company's expansion into regulated financial services. This development was highlighted by Securitize CEO Carlos Domingo at Consensus Miami 2026. Securitize, listed on the New York Stock Exchange under ticker SECZ, partners with major asset managers like BlackRock, Apollo, KKR, and VanEck, and issues BlackRock’s BUIDL tokenized money market fund, reflecting its deep involvement in blockchain-based financial products. Securitize Capital, a subsidiary of Securitize, has registered as an SEC adviser, marking a significant step in its regulatory compliance and expansion in blockchain-based financial products.
The SEC adviser registration of Securitize Capital strengthens the company's regulatory standing, supporting the growth of tokenized vaults and other blockchain-based financial products in collaboration with established asset managers.
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Tether Gold gains Shariah certification for XAU₮
Tether Gold (XAU₮) was certified as Shariah-compliant by Amanah Advisors, a finance advisory firm led by Mufti Faraz Adam. The review examined the token’s ownership model, reserve transparency, physical backing, and adherence to Islamic rules on gold transactions, including the absence of interest, leverage, or speculative derivatives. The certification follows Abu Dhabi Global Market's (ADGM) recent designation of XAU₮ as an Accepted Spot Commodity, allowing firms with regulatory permissions in the financial center to support the token. ADGM had earlier recognized Tether’s USDT as an Accepted Fiat Referenced Token, providing Tether a regulatory foothold for both assets. The certification confirmed that XAU₮ meets key Islamic finance requirements such as clear ownership of a real asset and the absence of riba, the Islamic term for interest. TG Commodities, S.A. de C.V. is involved in the token’s issuance, aligning it with Shariah principles as announced by Tether.
XAU₮ is issued by TG Commodities, S.A. de C.V., with each token representing ownership of one troy fine ounce of gold stored in a Swiss vault. The Shariah certification process reviewed the token’s ownership model, reserve transparency, and compliance with Islamic rules governing gold transactions, ensuring no involvement of interest or speculative derivatives. On July 27, Tether announced that its gold-backed token XAU₮ secured Shariah certification from Amanah Advisors, a global Islamic finance advisory firm. The certification confirms that XAU₮ complies with Islamic finance rules, including ownership transparency and the absence of interest, making it suitable for Islamic financial use.
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Rancher puts cows on the blockchain for clout
The rancher owns over 1.3 square miles of multi-generational real estate with more than 500 cows. Unlike many farmers who rent land, his family owns it outright, granting access to conventional real estate-based financing. The rancher, João Guilherme Brenner, operates Fazenda Engenho Velho in Imbituva, Paraná, with a herd exceeding 500 cows and owns over 1.3 square miles of multi-generational land. His family owns the land outright, providing access to traditional real estate financing. On Friday, a startup created a viral story about a Brazilian rancher securing a $19,600 loan by tokenizing 10 cows. This story was widely covered in the media but omitted important details about the rancher's background and financial situation.
A rancher in Brazil secured a loan equivalent to 1% of the value of his dairy’s land by using tokenized livestock as collateral. This transaction was widely reported as one of Brazil’s first uses of tokenized livestock for loan collateral, generating over a million views in media coverage.
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What to take away
Tether Gold gains Shariah certification for XAU₮. Rancher puts cows on the blockchain for clout.
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