Thinking Crypto News & Interviews
OH NO! CLARITY ACT SENATE VOTE COLLAPSES! BLACKROCK EXPANDS TOKENIZATION & BNY CRYPTO STAKING!
August 5, 2026
AI Summary
5 min readThe Clarity Act, a major piece of U.S. crypto market structure legislation, appears to be on life support in the Senate, with a key procedural vote expected to fail this week. The collapse stems from stalled ethics negotiations with the White House and unified Democratic opposition, which is leveraging the issue alongside concerns over illicit finance and stablecoin yields. Meanwhile, the institutional adoption of crypto infrastructure continues at a rapid pace, with BlackRock launching new tokenized funds, BNY Mellon partnering with Galaxy Digital on staking, and Western Union introducing a stablecoin-powered Visa card. The episode presents a stark contrast between political headwinds in Washington and relentless building by traditional finance giants.
The Clarity Act Stalls in the Senate
Continue reading the full summary in the app — free to try.
Read Full Summary →Free • No credit card required
Never miss an episode of Thinking Crypto News & Interviews
Get every new episode summarized in your inbox — free, ~5 minutes to read.
No spam. Unsubscribe anytime.
What you'll learn
- 1 (00:36) **Clarity Act Senate Vote Collapses** - The host breaks down the stalled progress on the Clarity Act, explaining the political deadlock and its likely failure.
- 2 (02:21) **Senator Lummis Confirms Clarity Act Will Die** - Senator Cynthia Lummis directly states that failing to reach cloture on the Clarity Act will kill the bill entirely.
- 3 (03:33) **Elizabeth Warren Goes After Trump's Meme Coin** - Elizabeth Warren urges the SEC to probe into Trump's meme coin, using it as a political weapon that further harms the Clarity Act's chances.
- 4 (05:13) **FBI Agent Arrested for Stealing $1M in Crypto** - A high-level FBI special agent with top-secret clearance is arrested for stealing cryptocurrency from wallets the agency had investigated.
- 5 (06:43) **BNY Mellon & Galaxy Digital Partner on Institutional Staking** - America's oldest bank, BNY Mellon, partners with Galaxy Digital to bring staking rewards to its institutional digital asset custody platform.
- 6 (10:37) **BlackRock Launches Two Tokenized Money Market Funds** - BlackRock launches BSTBL on Ethereum and BRSRV across multiple blockchains, designed as eligible reserve assets for stablecoin issuers.
- 7 (13:06) **Ripple Invests in Zelo and Liquido for XRP Ledger** - Ripple invests in a transfer agency firm and a tokenization platform to add regulated issuance and collateral infrastructure to the XRP Ledger.
+ Full timestamped outline available in the app
Guests on this episode
Show Notes
Crypto News: Hopes of the Clarity Act cloture vote in the Senate falls with no ethics agreement from WhiteHouse and Democrats backing out. BNY to add crypto staking to digital asset custody platform. BlackRock expands tokenized cash with new blockchain-based money market offerings. Ripple invests in transfer agency firm ZILO and tokenization platform Licuido, adding regulated issuance and collateral infrastructure to the XRP Ledger.
💹 Discover the power of staking and liquidity pools with FortisX. This platform provides easy and secure ways to earn passive income on your crypto assets.https://fortisx.fi/x/thinkingcrypto
💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX
🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com
Sponsors:
🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto iTrustCapital Representative: [email protected]
⭐️⛏️ GoMining is an All-in-one Bitcoin superapp to mine, earn and use BTC. They have 5 Million+ users and have been live since 2021. - https://link.gomining.com/B5AMex
🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz
🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
🖥️ Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO
📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/
✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join
🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/
🧙♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content"
Follow on social media:
➡️ X(Twitter) - https://x.com/thinkingcrypto
➡️ Facebook - https://www.facebook.com/thinkingcrypto/
➡️ LinkedIn - http://linkedin.com/company/thinking-crypto
➡️ Instagram - https://www.instagram.com/thinkingcrypto/
➡️ TikTok - https://www.tiktok.com/@thinkingcrypto5
➡️ Threads - https://www.threads.net/@thinkingcrypto
➡️ Website - https://www.ThinkingCrypto.com/
🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676
🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl
💼Business Inquiries💼
[email protected]
⏰ Time Stamps ⏰
00:00 Intro
00:37 Clarity Act news update
05:12 FBI Agent steals crypto
06:40 BNY Mellon Crypto staking
10:37 BlackRock new Tokenized funds
13:06 Ripple XRP news
💹 Discover the power of staking and liquidity pools with FortisX. This platform provides easy and secure ways to earn passive income on your crypto assets.https://fortisx.fi/x/thinkingcrypto
💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX
🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com
Sponsors:
🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto iTrustCapital Representative: [email protected]
⭐️⛏️ GoMining is an All-in-one Bitcoin superapp to mine, earn and use BTC. They have 5 Million+ users and have been live since 2021. - https://link.gomining.com/B5AMex
🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz
🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
🖥️ Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO
📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/
✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join
🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/
🧙♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content"
Follow on social media:
➡️ X(Twitter) - https://x.com/thinkingcrypto
➡️ Facebook - https://www.facebook.com/thinkingcrypto/
➡️ LinkedIn - http://linkedin.com/company/thinking-crypto
➡️ Instagram - https://www.instagram.com/thinkingcrypto/
➡️ TikTok - https://www.tiktok.com/@thinkingcrypto5
➡️ Threads - https://www.threads.net/@thinkingcrypto
➡️ Website - https://www.ThinkingCrypto.com/
🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676
🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl
💼Business Inquiries💼
[email protected]
⏰ Time Stamps ⏰
00:00 Intro
00:37 Clarity Act news update
05:12 FBI Agent steals crypto
06:40 BNY Mellon Crypto staking
10:37 BlackRock new Tokenized funds
13:06 Ripple XRP news
More from this podcast
Thinking Crypto News & Interviews →