Community banks fear customers will withdraw deposits to buy stablecoin crypto assets that could pay higher yields.

Trump agreed to 80% of the ethics package Democrats demanded, and XRP rose 3.9% on the news. The Senate votes Tuesday at 2:15pm ET.

Crypto enthusiasts who once promised that permissionless payments would shatter the tyranny of traditional finance are now trying build third-party trust.

In late June, Reform UK leader Nigel Farage, MP Robert Jenrick, and the party’s treasurer Nick Candy, as well as Restore Britain leader Rupert Lowe, mingled with charity executives, architects and mathematicians at the National Portrait Gallery.

The latest challenge comes just hours before a crucial Senate vote.

In Minnesota, Lt. Gov. Peggy Flanagan handily defeated Rep. Angie Craig after making Craig’s ties to crypto and support for industry-friendly policies part of a broader argument that the four-term congressmember was too friendly to corporate interests. Flanagan raised the crypto issue in debates, in TV advertising and on social media.

The Senate is set to hold a cloture vote on the Clarity Act on Tuesday. If the bill gets at least 60 votes, the bill will move to a floor vote by the full chamber.

Sept 15 (Reuters) - Hong Kong-based crypto exchange CoinEx said on Tuesday it has decided to cease operations, citing 'prolonged downturn' in the cryptocurrency market and the rising regulatory requirements in the industry.

Republicans made last-minute concessions on the Clarity Act, but the crypto bill still faces a difficult path through the Senate. Coinbase investors are watching.