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South Korea's Worst Market Day in Years and a Stalled Clarity Act Put Crypto on the Back Foot

Summary by Coin Desk
BTC shed 2% overnight as South Korea's KOSPI plunged 10.84% and the U.S. Senate shelved the Crypto Clarity Act, leaving the market facing a pivotal Fed decision on Wednesday.

11 Articles

What to remember: The U.S. Senate set aside the CLARITY Act to deal with appointments and a text of sanctions against Russia. A vote before next week is unlikely, just a few days from the August 8 suspension of work. The disagreement relates to the ban on senior officials, including Donald Trump, to support crypto projects. The U.S. Senate has set aside the Digital Asset Market Clarity Act, the central text of the digital asset industry, to give…

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TokenPost broke the news on Monday, July 27, 2026.
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