RWA ๐ Global & Macro: The CLARITY Act’s passage probability has dropped to 13%, with a pivotal Senate procedural vote scheduled for September 15. Meanwhile, former US Representative George Santos has been permanently banned from prediction market Kalshi and fined $71,400 for manipulating his own market appearances, highlighting integrity issues in prediction markets.
๐ฆ RWA & Institutional: Strategy has formally opposed MSCI’s proposal to exclude bitcoin-holding companies from its indices, arguing that such a move would distort market representation and penalize legitimate corporate assets.
โก Crypto & Markets: North Korean hackers have transferred tens of millions of dollars on Hyperliquid, raising security concerns. In response, former President Trump is advocating for the platform to relocate to the US, potentially to enhance regulatory oversight.
๐ก Key Takeaway: Security threats and regulatory shifts are converging: from North Korean exploits on Hyperliquid to political pressure for US relocation, while institutional pushback against index exclusion of bitcoin assets reflects the growing mainstream integration of crypto.