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The U.S. Senate is about to conduct a procedural vote on the CLARITY Act, with a threshold of 60 votes

The U.S. Senate will conduct a procedural vote on the Digital Asset Market Clarity Act (referred to as the CLARITY Act). At 2:15 AM Beijing time on September 16, senators will decide whether to end the debate on the motion to enter the bill's review process, with a threshold of 60 votes. If the vote passes, the bill will then enter full Senate debate, amendments, and subsequent final voting, which does not equate to the bill being passed directly that night, nor does it mean it will take effect immediately.To garner bipartisan support, Senate Republicans accepted 126 substantive amendments proposed by Democrats in the final draft. The new text includes stricter ethical provisions, granting state attorneys general a clearer enforcement role; it also gives the Secretary of the Treasury the authority to intervene against potential deposit outflows triggered by payment stablecoins, and revises developer-related provisions to reduce the risk of decentralized infrastructure developers being classified as money transmission entities. Democrats are concerned that the Trump family's cryptocurrency business may create conflicts of interest, with some lawmakers hoping to add constraints such as asset divestiture or blind trusts; moderate senators like Warner and Gallego still hope to push for more amendments. Some Republican lawmakers are also under pressure from the banking industry, fearing that accounts with yield attributes linked to stablecoins could siphon off deposits from community banks.

first_img Binance announced the launch of the Binance Points rewards program

Binance announces the launch of a long-term rewards program, Binance Points. Starting from September 15, 2026, 00:00 (UTC), eligible users can earn points through daily trading and related tasks. Users can view tasks in the personal center of the Binance App or Rewards Hub; this feature will be rolled out in phases, and there may be a brief delay in displaying it in the account. Users can also directly access it through the Rewards Hub.After completing tasks, users need to go to the Rewards Hub to claim their points. Current tasks cover spot trading, contracts, instant exchanges, P2P / fiat deposits, bStocks, and Square postings, with tasks related to payments, dual-currency investments, and the academy being rolled out gradually. Users who complete 5 or more eligible daily tasks within a week can additionally unlock a 5-day weekly reward. Points must be claimed within 14 days after issuance; otherwise, they will expire. Tasks reset daily, weekly, or monthly based on their type.Points can be redeemed in the Rewards Hub for trading fee rebates, contract experience positions, wealth management experience funds, VIP upgrades, and merchandise, with more regional rewards to be provided gradually. The thresholds, tiers, and redeemable rewards vary by region, and some tasks are only available to specific regions and eligible users. Binance states that Binance Points have no intrinsic monetary value, do not constitute financial instruments or tradable assets, cannot be transferred between users, and are subject to regional restrictions; using bots or automated tools to complete tasks may result in account suspension.
11 hours ago
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