Crypto & Fintech
Tenet Fintech Sells Chinese Lending Stake for C$10.2 Million
Tenet Fintech Group agreed on September 15 to sell its 51% stake in a Chinese lending subsidiary for C$10.2 million. Three days later, it signed a framework deal routing private equity deal sourcing for a Dubai royal family’s investment arm through the same data platform. One release wound down a regulated lending business built for…
Senate Fails to Advance CLARITY Act on 49-50 Cloture Vote
A microcap crypto infrastructure company just signed its fourth cooperation agreement with the same partner in under a year. The same week, the U.S. Senate killed the crypto industry’s biggest legislative priority in a single procedural vote. One story is about two small companies building something together. The other is about Washington failing to build…
Clarity Act’s New DeFi Rule and the House’s Vanishing Floor Time
The cloture vote we’ve tracked since Thune filed it back in early August finally has a bill text attached. Senate Republicans released a heavily rewritten version of the Clarity Act on Thursday, September 10, five days ahead of the September 15 procedural vote. A 630-Page Rewrite With Over 100 Changes Senate Republicans unveiled a revised,…
Strategy Buys $370M in Bitcoin, But Only 61% of What It Raised
Strategy raised $602.8 million last week. Bitcoin got $369.7 million of it. The rest went to three other places, and that split is the more interesting part of the filing. The First Bitcoin Purchase Since June 22 Strategy Inc. (Nasdaq: MSTR) disclosed in a Form 8-K filed August 31 that it bought 4,603 BTC for…
Bitcoin Jumps 22% as Treasury Bond Move and Clarity Act Push Collide
Bitcoin closed Friday at $76,943.90, up 22 percent for the week, its best five-day run since March 2024. Strategy gained 29 percent. Coinbase gained 25 percent. Circle gained 22 percent. None of that came from a single piece of crypto-specific news. It came from a bond market announcement and a legislative push landing in the…










