Brian Armstrong

Robinhood is working to add one-for-one share redemptions and voting rights to its offshore stock token product after rising questions over ownership rights. The debate highlights how tokenized equity products can offer sharply different claims, even when they track familiar stock tickers.

Senators Thom Tillis and Ruben Gallego are said to have finalized an approach to the crypto Clarity Act’s disputed ethics section, though details remain undisclosed. The compromise could determine whether the broader digital asset market structure bill can gather enough support before the Senate’s August recess.

Coinbase CEO Brian Armstrong pushed back on crypto companies that abandon blockchain branding to reposition around artificial intelligence. He argued that crypto infrastructure could become a key foundation for autonomous software agents, while critics warn that machine-speed money still needs stronger safeguards.

Binance is positioning its next growth phase around payments, stablecoins and broader financial services rather than trading alone. The shift reflects a wider industry move as digital assets become increasingly tied to transfers, settlement and everyday financial activity.

Coinbase sent users an AI-generated breaking news alert claiming Norway had beaten Brazil before the World Cup match had started. The company said it fixed the inaccurate story and made updates aimed at preventing similar AI errors.

Coinbase CEO Brian Armstrong said his instinct is that Bitcoin likely bottomed near $60,000, while stressing that no one can know for sure. He still expects the asset to trade much higher by 2030 despite the latest pullback.