CLARITY Act Fails, Fed Hikes Rates, and Palantir CEO Weighs In on AI Responsibility

The CLARITY Act (US digital-asset market-structure bill) was rejected in the Senate with a 49-50 vote, while the Federal Reserve raised interest rates. Despite these headwinds, Bitcoin maintained its position in the mid-$70,000 range. Meanwhile, Palantir (Palantir) CEO Alex Karp argued that companies developing AI should bear legal responsibility for its risks, introducing a new perspective to the AI doomsday debate. Additionally, the JPYC stablecoin experienced a 190% surge following its listing on Upbit, significantly deviating from its global market price.