In brief The Senate failed to advance the Clarity Act in a procedural vote Tuesday. Stand With Crypto will include the vote in its ratings of lawmakers. The group pledged to keep mobilizing its three million advocates for passage. Stand With Crypto, a Coinbase-backed advocacy group, warned of electoral consequences Tuesday after the Senate failed to advance the Clarity Act.In a statement following the vote, Stand With Crypto said it would add senators’ votes to its lawmaker scorecards ahead of November’s midterms.Myriad: Will Democrats sweep midterm elections? Click to make your prediction.“Today’s vote was a failure of leadership,” executive director…

Kamino , one of Solana’s largest lending protocols with $1.4 billion of assets, is setting up shop in New York as it looks to bring its onchain credit business closer to Wall Street and expanding to tokenized assets.On Tuesday, the company named Yieldstreet co-founder Michael Weisz as CEO to lead that push. Kamino said it is looking at roughly 20,000 square feet of office space in New York and plans to hire a chief financial officer and head of legal.Weisz co-founded alternative investment platform Yieldstreet, now Willow Wealth, which deployed more than $6 billion alongside firms including Goldman Sachs, Carlyle,…

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