The coming week brings a dense slate of macro, regulatory, and project-specific events for the crypto market. The U.S. will release August unemployment and nonfarm payrolls data on Sept. 4, the last payrolls report before the Sept. 15-16 Federal Open Market Committee meeting. Revolut has confirmed that it will delist USDT on Aug. 31, citing regulatory and risk-compliance considerations, after already stopping purchases and suspending deposits earlier in the process. A wave of project shutdowns and service closures is also scheduled, including HyENA, Printr, Vision, Summer.fi, NFTfi, TON bridge-v3, Cosmostation Wallet, and Cypher. Several token unlocks are on the calendar as well, including SUI, EIGEN, ENA, OPN, and HYPE. Other items to watch include the G20 technology ministers’ meeting in North Carolina, Vietnam’s new crypto penalty rules taking effect, the launch of Russia’s digital ruble, a proposed Secret Network migration to Arbitrum, Binance’s planned delisting of ICX, SCRT, and STORJ, and Pakistan’s deadline for virtual asset service providers to file licensing applications.

The US Senate passes a bill banning a digital dollar for four years. Bitcoin holds $63K as altcoins rally. ARX, SYN, DEXE, FOLKS, and CYDX each show distinct catalysts from TGE to short squeeze.

A Senate-backed bill would block the Federal Reserve from issuing a digital dollar through the end of 2030, while leaving private dollar stablecoins outside the ban. The House is expected to vote on the package soon.

U.S. Senate committee debates the Clarity Act with amendments targeting stablecoin yields, presidential crypto holdings, DeFi anti-money laundering controls, and a CBDC ban. The bill needs 60 votes to pass the full Senate.

Congress is split over a Senate housing bill provision that would let a CBDC ban expire in 2030. Ted Cruz has proposed an amendment to remove the sunset clause and make the restriction permanent.

Sen. Thom Tillis is weighing stablecoin yield limits in the Clarity Act after talks with banks, crypto firms, and White House officials, while a separate fight over a proposed U.S. CBDC ban is also advancing in Congress.

Former CFTC chair Timothy Massad told a London summit that a US digital dollar is inevitable, and the CBDC ban is a political facade. He cited Project Agora as evidence of quiet Fed involvement and warned that staying out of global experiments could cost US influence over payment standards.

Real-world asset activity expanded on-chain during the week ending July 17, 2026, even as stablecoin payments lost momentum. Data cited from RWA.xyz showed total on-chain RWA market capitalization rising to $34.9 billion, up 3.74% from a month earlier, while the number of asset holders climbed to 1.077 million, a record high. At the same time, stablecoin market capitalization edged down to $299.06 billion and monthly transfer volume fell 20.9% to $5.49 trillion, pointing to a split between broader user participation and softer settlement demand. Regulation moved on several fronts. In the United States, a bipartisan housing bill containing a central bank digital currency ban became law automatically after Donald Trump declined to sign it. The UK set an early-2027 target for a digital sovereign bond, the European Central Bank selected 36 payment firms for a digital euro pilot due to begin in the second half of 2027, and regulators or governments in Russia, South Korea, Bolivia and Tanzania also advanced new digital asset rules or pilots. On the industry side, JPMorgan, Bank of America, Citi, Wells Fargo and HSBC are joining a shared tokenized deposit network operated by The Clearing House. DTCC is working with nearly 40 institutions on tokenized stocks and U.S. Treasuries, while Japan remained a focal point through SBI, Progmat and Lawson. Funding activity also stayed strong, led by Alpaca’s $135 million round, Flex’s $70 million financing and Velocity’s $38 million Series A.