Senators Revise Clarity Act Ethics Rules, Shift Token Ban to States
The shift hands token-issuance enforcement to state regulators, a quiet rewrite that could fragment the federal stablecoin framework before the bill reaches the floor.
Market-moving crypto headlines from the last 24 hours.
The shift hands token-issuance enforcement to state regulators, a quiet rewrite that could fragment the federal stablecoin framework before the bill reaches the floor.
The Wyoming senator's push lands as the bill heads toward a floor vote that would split digital asset oversight between the CFTC and the SEC, ending years of jurisdiction-by-enforcement.
Hyperliquid ran SpaceX at launch, CME shrank oil contracts for 24/7 retail access, and the CFTC opened a 67-question docket on perpetual crude.
The $8.32B unrealized hit on its 843,775 BTC is the headline, but a $3.75B cash buffer, $1.5B of discounted note buybacks and a brand-new bitcoin-selling program change what the structure actually…
Both transaction and subscription revenue came in light of consensus, but the real debate on the call will be whether recurring businesses can keep shrinking Coinbase's dependence on trading fees…
The 16,000-adviser distribution network behind MSSE and MSOL is the real story; the early inflow edge against BlackRock's ETHA signals Wall Street's broker-led channel is now open competition.
Three hawkish dissents and a Warsh restatement of the 2% target make this the first Fed pause since 2008 that the market is pricing as a pause, not a done deal.
The lawsuit paints a familiar post-closure pattern: a venue winds down leverage products while a plaintiff claims an internal desk profited from frozen customer books.
The bill still lacks the 60 votes it needs before the Aug. 7 recess, leaving the bipartisan market-structure push on a tight clock.
Analysts see the bill as broadly positive, but specific provisions risk discouraging the institutional participation the legislation is designed to unlock.
The sell crystallised a £39,984-per-coin loss and signals a wider pivot among treasury holders treating BTC as liquidity rather than a permanent reserve.
Project Agorá processed real cross-border payments across six currencies in roughly 80 seconds on a shared ledger, with 28 commercial banks and five central banks signaling wholesale tokenization is…
The fourth distribution drops $2.2B into a market already under macro pressure, and any creditor that fails to onboard by the deadline forfeits the claim outright.
The deal would dwarf Ondo's entire $34M lifetime raise and signals that RWA tokenization has moved from niche infrastructure to a strategic acquisition category for crypto's scaling players.
The dilution machine is breaking. Two years of buy-buy-buy lifted treasury stocks; now shareholders are selling the equity because the math stopped working.
Glassnode says the marginal BTC buyer is now being paid to wait: only the second time on record that Treasury yields beat the carry trade, with spot volume at a 2019 low.
Prediction markets now price just a 37% chance of passage before year-end, and the bank warns delays risk pushing tokenization onto TradFi rails rather than public crypto networks.
Nine senior departures, 20% layoffs and a CROPS mandate rewrote the Foundation's role while spot ETH ETFs pulled $11.23B and BlackRock pushed deeper onchain.
Wall Street desks have quietly reshaped crypto's plumbing: realized volatility has dropped from 70% to 45% across cycles, altcoin flows concentrate in fewer names, and tokenized RWA just climbed to…
With September hike odds jumping to 43% from 23% on the same day, the real story isn't the hold, it's the market's read that the Fed is now behind the curve on the long end.