The Iran War’s Impact on Oil Is Hitting Key Senate Races Hard
The framework could reshape crypto regulation, influencing how vaults are classified and potentially impacting investment strategies and compliance.
The post Crypto Council hands the SEC a 238-page framework for regulating crypto vaults appeared first on Crypto Briefing.

If you ask some prominent US politicians who won the 2020 presidential election, you might get some weasely answers that fail to directly acknowledge Joe Biden's win that November. If you ask Google's AI Mode the same question, you might get an evasive answer that simply tells you to consult with outside sources.
When I put the direct question of "Who won the 2020 presidential election?" to Google's AI Mode this morning (after seeing complaints about cagey answers on social media), I got the following surprisingly indirect response:
"To review the official results and statistics of the 2020 United States presidential election, including the final electoral college breakdown, popular vote counts, and winner certification, please consult the official report compiled by the Federal Election Commission (FEC)."
My testing resulted in a similarly indirect answer when asking about the 2024 presidential election, with Google's AI telling me to just consult the FEC for that information. Asking about 2012 election resulted in a link to The American Presidency Project's 2012 Data Center rather than a direct answer. But AI Mode seemed perfectly willing to give me a detailed and correct responses for the winner of every other presidential election going back to 2000.


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Stellar's growing government interest could accelerate blockchain adoption in institutional finance, influencing future financial infrastructures.
The post Stellar’s real-world finance focus draws government interest, M1X Global’s Goldman says appeared first on Crypto Briefing.

Bitcoin Magazine

Next Week’s Midterms Could Stall the CLARITY Act and Test Crypto’s Political Clout: TD Cowen
Washington’s crypto agenda hinges on next week’s midterm elections, according to a new policy note from TD Cowen, shared with Bitcoin Magazine.
Analyst Jaret Seiberg warned in the note that the probable results could make it difficult for Congress to pass the CLARITY Act over the next two years. The bill would set the rules for bitcoin and other digital assets, and the industry has spent $176 million on more than 100 races to shape the outcome. Here are a couple of the results:
Prediction markets cited in the report give Democrats a 90% chance of winning the House and a 62% chance of winning the Senate. TD Cowen considers this the most negative scenario for bitcoin and the broader crypto sector. Under it, Sen. Elizabeth Warren would become Senate Banking Committee chair. Seiberg describes her as a crypto skeptic who has led opposition to the CLARITY Act, and he expects her to conduct tough oversight of federal regulators.
Warren cannot stop regulators from adopting policies that favor the industry. Seiberg expects President Trump to remain favorable toward crypto, so he would veto any bill that limits his regulators’ authority. Democrats would lack the votes to override him. As a result, policy changes are expected to focus on tokenization, perpetual futures, and stablecoins.
The second scenario keeps Democrats in control of the House while key Senate races stay close enough to break for Republicans. Sen. Tim Scott would keep his Banking Committee gavel. TD Cowen views this outcome as a better result for bitcoin, because Rep. Maxine Waters could trade support for parts of the market structure bill in exchange for investor protections and action on her other priorities.
Adverse legislation would be blocked from reaching the president’s desk.
Kalshi gives Republicans a 10% chance to keep the House and a 35% chance to keep the Senate. TD Cowen calls this the best path for crypto policy, though the margins matter. A wider Senate majority would improve the odds that leaders advance the CLARITY Act in 2027 or 2028, and they could attempt a revival during the lame-duck session.
A narrow majority, by contrast, would leave the bill stalled, as Democrats keep pushing ethics provisions that the president opposes. When the Senate blocked the bill, Bitcoin-related stocks tumbled.
For background, the CLARITY Act would create federal rules for digital assets. The House passed its version in July 2025 by a 294-134 vote. The Senate Banking Committee approved its own version in May 2026 by a 15-9 vote, with two Democrats joining Republicans.
On the Senate floor, a cloture vote failed 49-50 on September 15. Democrats want ethics language that would bar senior officials, including the president, from profiting from crypto ventures. Republicans and industry groups resist those limits. Stablecoin yield is another dispute. Each side says the other is blocking progress, and the bill is stuck.
This post Next Week’s Midterms Could Stall the CLARITY Act and Test Crypto’s Political Clout: TD Cowen first appeared on Bitcoin Magazine and is written by Micah Zimmerman.



