WATCH: COINBASE $COIN CHIEF POLICY OFFICER FARYAR SHIRZAD SAYS CLARITY ACT WOULD STRENGTHEN CONSUMER PROTECTION, MARKET INTEGRITY AND FEDERAL OVERSIGHT, EVEN WITHOUT ADDED ETHICS PROVISIONS

The Senate should bring the Clarity Act to the floor and finish it. Regardless of the outcome, this industry will keep building, and the only question is whether it builds inside a clear framework or around one. Rules that strengthen consumer protection, market integrity, and financial stability serve everyone, and every week of delay is another week without them. Let’s get this done as soon as possible.

LATEST: 🇺🇸 Senators Angela Alsobrooks, Cory Booker and other key Democrats say the Republican-drafted CLARITY Act still "falls short" on ethics, illicit finance, and consumer protection provisions.

Update on Stop Killing Games: Ross Scott responds to the EU setback. The European Commission said it does not plan to introduce new laws requiring game publishers to keep games playable after support ends. Instead, it pointed to existing consumer protection laws. > Stop Killing Games founder Ross Scott said the response was mostly expected and told supporters not to lose hope. He argued that relying on existing laws creates uncertainty, as there is still no clear answer on publishers’ legal obligations when shutting down games. > Scott said the campaign still has other options, including pushing for changes through the upcoming Digital Fairness Act, and that the initiative has strong support in the European Parliament. > According to Scott, the European Commission is currently the biggest obstacle, but he stressed the campaign is far from over and urged supporters to focus on the next steps.

Powerful remarks from @SenLummis during yesterday's markup on why digital asset policy matters beyond markets alone. At its core, this conversation is about individual freedom, financial access, consumer protection, and whether the U.S. will lead in shaping the next generation of financial infrastructure. 👇

People in Maryland may need to pay about $2 billion to upgrade their power grid, mostly because AI data centers outside the state are using much more electricity. Maryland’s consumer protection group has complained to the federal government that it is unfair for local families to pay around $1.6 billion over 10 years, or about $345 each, since Maryland does not have many new data centers. This cost is part of $22 billion in new power projects in the area, and the power company expects data centers to need 30 gigawatts more electricity by 2030.

Great panel today in Paraguay at @DigitalDCgg Digital Assets & AML/CFT Forum during the session on “The Role of Public/Private Partnerships.” 🇵🇾 Appreciate the discussion with: • Deborah Di Lullo (@Tether) • Mauricio Pretto (@Chainalysis) • Dave Ambrose (@Ledger) We focused on how collaboration between industry and national authorities can strengthen consumer protection and support responsible digital asset innovation.

"Agentic Commerce Needs Legal Infrastructure: A Case Study on Midnight City" I just made a LinkedIn post about a document that really caught my interest. Over the past few days I've been working with Luciano Oliva Bianco on one of the least discussed and most urgent problems in agentic commerce: what happens legally when two AI agents negotiate and close a transaction with no human in the loop? In "Agentic Commerce Needs Legal Infrastructure: A Case Study on Midnight City," we explore how the Legal Context Protocol (LCP) can give these transactions something they don't have today: a verifiable cryptographic record of the agreed terms, bound to the payment, and auditable afterward by either party, a court, or a regulator. The piece covers three areas: The legal diagnosis: which existing doctrines (ratification, consumer protection, liability cascades) are already poorly suited to a world of agents acting at machine scale. A framework of our own, the "Trust in Depth Framework," proposing layers of human identity, entity attestation, agreement integrity, and agent authorization. A concrete technical roadmap for implementing this on Midnight, leveraging its privacy architecture (selective disclosure, on chain settlement). One thing that mattered to me in closing the analysis: not everything cuts one way. We added a final section dedicated to the real limits and risks of the approach, including that "provable" is not the same as "enforceable," that standard adoption is never guaranteed, and that jurisdiction by jurisdiction regulatory uncertainty is real. A technical legal analysis is only useful if it's also willing to say where it can fail. If you work in compliance, Web3, or agentic commerce, I'd love to hear your take. #AgenticCommerce# #Web3# #LegalTech# #Midnight# #Compliance#

StubHub's CEO has been scalping his own customers for years Eric Baker is the CEO of StubHub and he also built Andro Capital on the side, a hedge fund that acquires tickets and sells them on StubHub He also made sure Andro Capital got a better deal than every other seller on the platform: • Andro Capital: $0 in seller fees (2024-2025) • Everyone else: 20% commission In 2023, StubHub ended a deal where Andro Capital had been operating as an inside ticket inventory partner and paid Andro Capital $1,600,000 to do it He then created Colloquy Capital to finance other mass scalpers buying and flipping tickets on the same platform The Texas AG, Consumer Protection BC, and two class-action lawsuits are all investigating