Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Reform UK chair Lee Anderson called for an investigation into a political donation linked to former FTX CEO Sam Bankman-Fried, while the US Senate pushed its vote on the CLARITY Act to September. Meanwhile, First Digital CEO Vincent Chok said the delay could give Hong Kong and Singapore more time to strengthen their positions as digital asset hubs.

Reform UK chair Lee Anderson is calling for a parliamentary investigation into a reported $50,000 political donation with ties to former FTX CEO Sam Bankman-Fried.

The money was reportedly given to UK Defense Secretary Wes Streeting in 2022 and 2023 by Labour for the Long Term, a think tank whose founder had previously received $675,000 from Bankman-Fried. Streeting reportedly requested the organization’s donor list before accepting the funds, but Bankman-Fried was not listed. The think tank’s founder said Streeting’s contribution came from another donor and denied receiving donations from Bankman-Fried or the FTX Foundation.

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