Treasury Sanctions Expose A7 Network's Dual $196B Operation
Treasury sanctions revealed A7 Network ran $179B crypto token channel and $17B banking network simultaneously from early 2025 through mid-2026.
Treasury sanctions revealed A7 Network ran $179B crypto token channel and $17B banking network simultaneously from early 2025 through mid-2026.
Crypto firms spent $8 million lobbying for the Clarity Act. It failed 49-50 on September 15. Ethics provisions and banking rules killed it, not crypto law.
The SEC and CFTC issued crypto-friendly relief on September 17, marking the first time both agencies moved toward regulatory exemptions on the same day.
Bitcoin ETFs shed $450M from Iran fighting Sept 8-10, recovered in one day, then lost another $450M on the Clarity Act vote failure September 15.
The Senate voted 46-43 on the crypto bill September 15, falling 14 short. Republicans incorporated 126 Democratic amendments over 15 months.
The revised CLARITY Act splits DeFi into two legal classes and aims CFTC registration at protocols that only look decentralized, days before a Senate vote.
Polymarket prices the CLARITY Act at 13% to become law in 2026 while Kalshi gives the September vote a 91% chance. Its odds fell from 82% in February.
Minnesota's crypto kiosk ban and its bank custody law took effect on the same August 1 date, and the two statutes point in opposite directions.
Regulators blew the GENIUS Act deadline and CLARITY odds fell to a record 31%. Both halves of crypto's Washington trade slipped in one week.
Crypto opened the week green after its worst week since 2024. Strategy resumed buying Bitcoin, SBF filed for a pardon, and MetaMask armed AI agents, with Wednesday's CPI the real test.
A White House adviser said at Bitcoin 2026 Las Vegas that a major Strategic Bitcoin Reserve update is coming in weeks. The Lummis-Begich bill that would lock the reserve into law just got renamed and reintroduced. Polymarket still gives it a 23% chance before 2027.
Polymarket hired Chainalysis on April 30 to build an onchain anomaly detection system, days after a U.S. Green Beret pleaded not guilty to a $400,000 insider bet. A new ACDC report shows military markets win at four times the normal longshot rate.
After four months of stalemate, the Tillis-Alsobrooks compromise text dropped Thursday night. The Senate has until May 21 to do something with it, or the bill goes back on the shelf until 2030.
The venture capital giant filed an 18-page letter telling federal regulators to hold the line. On the other side: a coalition of attorneys general from nearly every state in the country.
BTC is pressing $79K with $630 million in Friday ETF inflows behind it. But liquidity maps are flashing a setup that has burned bulls before.
The sector added $1.08 billion in a single week. Tether lost $271 million of it. USDS gained $503 million. The pecking order is shifting.
The US Senate is where crypto’s most important legislation lives or dies, from the CLARITY Act market-structure framework to the GENIUS Act stablecoin rules and the banking-committee fights that shape them. This tag tracks the bills and votes, the committee hearings and testimony from industry executives and regulators, the probes into projects like WLFI, and the individual senators whose positions on digital assets move policy. Coinliva covers what actually passes, what gets dropped, and how the market reacts when a bill clears committee or stalls on the floor.