Clarity Act Fails Senate Vote as Banks and UAE Gain
The 49-50 cloture vote preserves agency-led rulemaking, protects banks from stablecoin yield competition and gives clearer jurisdictions a stronger pitch for crypto capital.
Every Zipp story tagged #UAE, newest first.
The 49-50 cloture vote preserves agency-led rulemaking, protects banks from stablecoin yield competition and gives clearer jurisdictions a stronger pitch for crypto capital.
The UAE is one of the most crypto-forward sovereigns on earth. Wiring Avalanche into the digital identity layer every resident already uses is the legitimizing infrastructure play of the cycle.
Even holders of widely listed stablecoins like DAI face the same exit clock: Kraken has not committed to a settlement currency, so balances liquidated between Sept.
The move deepens the link between traditional finance and crypto market infrastructure while reinforcing the UAE's role as a regional hub for institutional digital assets.
A 49% UAE-state block inside a Trump-family US bank charter is sovereign capital landing at the intersection of Washington and Abu Dhabi, and the CFIUS optics get heavier from here.
A 49% Gulf sovereign block in a sitting US president's crypto venture invites CFIUS, ethics, and conflict-of-interest reviews the sector rarely sees, with opacity around the bank-holding structure…
The ownership link gives a Trump-family crypto project a cross-border institutional profile and puts UAE-linked foreign investment into the crypto-banking spotlight.
A UAE-licensed private bank making a nine-figure BTC allocation is the kind of TradFi footprint the institutional thesis has been waiting on, and the move lands in a thinning pool of Gulf…
Five senators want sworn testimony on whether a half-billion-dollar World Liberty Financial investment from an Abu Dhabi royal's lieutenants bought favorable U.S.
The service converts crypto to dirham at settlement under a Central Bank–supervised framework, slotting crypto rails into the state itself rather than just retail commerce.
Crypto.com has secured a landmark regulatory milestone in the Middle East, becoming the first Virtual Asset Service…
First VASP cleared to settle Dubai government fees in dirhams or dirham-backed stablecoins — and the license slots straight into the emirate's 90% digital-payments target by 2026.