Senate Banking Committee Passes CLARITY Act 15-9
The bill advanced to the Senate floor after a 15-9 committee vote with two Democratic yes votes.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act (CLARITY Act) on a 15-9 vote, sending the bill to the full Senate floor. Two Democrats — Mark Warner and Angela Alsobrooks — joined the Republican majority.
The markup followed a draft preview earlier in the week and considered more than 130 amendments. Senator John Kennedy's yes vote was confirmed on the record. The committee passed the bill 15-9 after roughly four hours of debate.
The CLARITY Act establishes a federal framework for digital assets by dividing jurisdiction between the SEC and the CFTC. Digital commodities sit with the CFTC; digital securities remain with the SEC. The bill also codifies disclosure and custody rules and includes non-custodial protocol language for open-source software publishers and node operators.
The bill heads to the Senate floor, where it needs 60 votes to pass under standard rules. A floor vote timeline has not been confirmed.
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#946 Ronin Completes Migration To Ethereum L2
Ronin completes its OP Stack L2 migration, Ben Edgington kicks off an Upgrading Finality series, and L2BEAT adds Gnosis Chain.
Ronin migrates to Ethereum L2.
Ethereum targets 10-second finality.
L2BEAT lists Gnosis Chain.
Japan Blockchain Fnd stablecoin.
Ronin, a gaming-focused blockchain home to Axie Infinity, completed its migration from an independent sidechain to an Ethereum Layer 2 built on the OP Stack. The transition was led by rollup infrastructure provider Conduit, with EigenDA for data availability. Ronin dropped annual RON emissions from 45 million to 5 million tokens per year, with rewards now flowing through a new Proof of Distribution system that allocates RON to builders based on network activity. The Ronin Treasury will earn sequencer fees and 1.25% of Ronin Marketplace fees.
Ben Edgington, a former Ethereum client developer and current finality researcher at the Ethereum Foundation, published the first edition of a new blog series outlining a practical path to reducing Ethereum's time to finality from roughly 1,000 seconds to under 10 seconds. The core strategy is decoupling finality votes from fork-choice votes. The Ethereum Strawmap places decoupled consensus as a headliner candidate for the I* fork, currently anticipated in late 2027.
L2BEAT added Gnosis Chain to its Ethereum L2 analytics tracker. Gnosis Chain is an Ethereum sidechain with over $300 million in assets secured through its canonical bridge. The listing comes amid growing interest in the Ethereum Economic Zone (EEZ), a proposed framework that could enable synchronous interoperability between EVM-compatible chains. L2BEAT noted that the Gnosis bridge is secured by two 4/7 multisigs and administered by an 8/15 multisig, with the central validator deposit contract also upgradable by the 8/15 multisig.
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Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created
L2BEAT Adds Gnosis Chain To L2 Tracker
L2BEAT lists Gnosis Chain, an EVM-compatible Ethereum sidechain with over $300 million in assets secured through its canonical bridge.
L2BEAT added Gnosis Chain to its Ethereum L2 analytics tracker. Gnosis Chain is an Ethereum sidechain with over $300 million in assets secured through its canonical bridge. The listing comes amid growing interest in the Ethereum Economic Zone (EEZ), a proposed framework that could eventually enable synchronous interoperability between EVM-compatible chains like Gnosis Chain.
L2Beat noted that the Gnosis bridge is secured by two 4/7 multisigs and administered by an 8/15 multisig. The central validator deposit contract, which escrows all staked GNO, is also upgradable by the 8/15 multisig. L2Beat highlighted Gnosis Chain's censorship resistance as it uses Ethereum's same single-proposer model. Gnosis is also piloting Shutterized Gnosis Chain Beta, an out-of-protocol, encrypted mempool implementation by Shutter Network.
Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created