Crypto Lobbying Blitz Put $8 Million Behind Clarity Act Before Senate Setback

The Financial Conduct Authority has opened its authorization gateway for crypto companies seeking to operate in the United Kingdom. Firms have a five-month window to apply before the new regulatory framework is planned to take effect in October 2027.

Payward-owned Reap is preparing to add a Mexican peso stablecoin to its card, cross-border payment and treasury products through its global partnership with Visa. The plan points to rising interest in local-currency stablecoins that can support foreign exchange activity outside traditional banking hours.

WTI and Brent moved away from recent lows as traders weighed OPEC+ expectations, U.S. inventory data and geopolitical risk. Natural gas also rebounded from session lows while traders watched weather forecasts and prepared for the EIA storage update.