🎬 Coinage Establishes First US NFT Media Dividends

Senate Majority Leader John Thune has officially filed cloture on the **Clarity Act**, setting up a potential vote in **mid-September** after the Senate returns from August recess. **Timeline shift:** - Initial plan called for a vote before August recess - Senate Banking Chair Tim Scott had expressed confidence in a vote "before we leave this week" - Vote now delayed until September, following the recess The procedural move by Thune establishes the framework for debate and a potential vote on the crypto regulatory legislation when lawmakers return to Washington. The September timeline represents a significant delay from earlier expectations that the bill would advance before the summer break.

Coinage has announced its second annual distribution to active NFT holders. The Coinage Caucus NFT, originally priced at $192 in 2023, now trades at $383 in 2026. **Distribution Details:** - 2024 distribution: $250 - 2025 distribution: $125 The announcement positions this as evidence of "real ownership" in action, contrasting traditional NFT trading with tangible value returns to holders. This follows a 2025 DAO proposal that enabled Caucus membership NFT minting using $COINAGE tokens at a 30% discount.

The Clarity Act faces a critical timeline as it moves through the Senate in 2026. Despite missing its April markup deadline and slipping to May, the bill isn't dead yet. **Key Timeline:** - Original April markup postponed to May - Bill needs committee approval by May to have sufficient floor time - Window for passage is narrowing but remains open Solana Institute President Kristin Smith emphasized the urgency: committees typically need to advance legislation by May to allow enough time for Senate floor consideration before the session ends. The Clarity Act aims to establish regulatory frameworks for digital assets. Its progress depends on swift committee action in the coming weeks. [Full analysis](https://www.coinage.media/2026/the-two-senate-signals-that-could-decide-the-clarity-act)

**Founder's Mother Challenges CEO Succession** The mother of late Ondo Finance founder Nathan Allman has filed a legal complaint seeking control of the real-world asset (RWA) company and removal of current CEO Ian De Bode. **Key Allegations:** - De Bode allegedly held himself out as CEO without proper board approval following Allman's death - Attempted to install himself as sole director of the company - Questions raised about legitimacy of leadership transition The legal filing challenges the succession process at one of the prominent players in the tokenized real-world assets space. The case centers on corporate governance procedures following the founder's passing. [Read full details]([https://www.theblock.co/post/411006/late-ondo-founders-mother-seeks-control-of-company-and-removal-of-de-bode-as-ceo](https://www.theblock.co/post/411006/late-ondo-founders-mother-seeks-control-of-company-and-removal-of-de-bode-as-ceo))