Author: rb809rb

INCUCAI, Argentina’s national organ transplant coordinator, is introducing decentralized identity and document notarization. The system connects INCUCAI with 24 provincial procurement agencies, hospitals, and transplant centers across the country. $IOTA was selected as the public infrastructure for the system.

Extrimian, a Latin American decentralized identity company, developed the infrastructure using self-sovereign identity technology. The company focuses on digital identity, data control, and verifiable credentials.

Authorized officials can sign documents electronically and notarize them on $IOTA. Only cryptographic proofs are stored on-chain, while patient-identifiable information remains private.

The system went live on the $IOTA Mainnet on June 10, 2026. In June, INCUCAI also introduced electronic signatures across processes managed through SINTRA, Argentina’s national transplant information system. The official IncucaiID wallet allows patients, healthcare professionals, and other authorized users to manage credentials and sign documents electronically.

Image: Magnific

Legislative work in the US Senate regarding the cryptocurrency sector is at a critical juncture.

Speaking at the Rare Evo Conference in Las Vegas, veteran journalist Eleanor Terrett discussed the latest developments regarding the highly anticipated “CLARITY Act” and the likelihood of its passage this year.

The US Senate is working intensely before the August recess, but the fate of the CLARITY Act hangs on procedural hurdles and intra-party vote calculations. The bill needs 60 votes to pass the cloture vote and be considered in the Senate plenary session.

Because Republicans hold 53 seats in the Senate, the bill needs the support of at least seven Democratic senators to pass. Terrett noted that Senate Leader John Thune’s call for a vote could force the parties to compromise, and that policymakers might even postpone the August recess to finalize the bill.

One of the biggest obstacles to the bill’s progress lies in ethical regulations. Democratic senators argue that the prepared ethics text is insufficient to prevent former President Donald Trump from profiting from his own crypto projects (platforms like memecoin TRUMP and World Liberty Financial).

Democrats are calling for state attorneys general to be authorized to sue the Department of Justice (DOJ) for potential ethics violations. Republicans and the White House oppose the proposal, arguing that this authority would lead to politically motivated lawsuits at the state level.

The draft text includes a provision, valid until 2029, that prevents government officials and members of Congress from issuing digital assets while in office.

Another important point of contention in the Senate is the BRCA (Blockchain Regulatory Certainty Act) provisions, drafted by Representative Tom Emmer. These provisions would grant immunity from criminal liability to programmers who write protocols or code if their code is misused by third parties or illegal actors (such as North Korean hacker groups). While the crypto sector considers this provision “essential,” prosecutors and law enforcement oppose it.

While the probability of the CLARITY Act being enacted before the end of 2026 is priced at around 30% in the forecast markets, Eleanor Terrett stated that she sees a higher chance of the law being passed this year.

*This is not investment advice.

While expectations regarding the Fed’s September interest rate decision lack a clear direction, forecasting markets and leading Wall Street banks are pricing in different scenarios. According to forecasting market data, investors are almost equally divided between the Fed keeping rates unchanged and raising them by 25 basis points.

In the forecasting markets, the probability of the Fed not changing interest rates at its September meeting is priced at 49 percent, while the probability of a 25 basis point rate increase is at 47 percent. A rate increase higher than 25 basis points is only considered a 2 percent probability.

Wall Street banks’ forecasts similarly show significant differences. Bank of America expects the Fed to implement a total of three interest rate hikes in September, October, and December. JPMorgan forecasts that rates will remain unchanged in September and that the final rate hike of the year will occur in December.

Goldman Sachs, Morgan Stanley, and Barclays all predict the Fed will not raise interest rates again until the end of the year. Citi, however, expects rates to remain unchanged in September, followed by rate cuts in October, December, and January.

Bank of America CEO Brian Moynihan also reiterated the bank’s expectation of three interest rate hikes. Moynihan stated that the US labor market remains strong and that inflation needs to fall further, suggesting the Fed could raise rates in September, October, and December.

Moynihan also stated that spending habits among high-income and low-income consumers are beginning to converge. The Bank of America CEO considered this development a positive sign for the US economy.

*This is not investment advice.