The Clarity Act is widely viewed as the crypto industry’s most important market structure bill because it would establish clear rules for when digital assets are regulated as securities by the Securities and Exchange Commission (SEC) or commodities by the Commodity Futures Trading Commission (CFTC), replacing years of regulatory uncertainty. Supporters say that legal clarity would make it easier for banks, asset managers and other institutions to launch tokenized products, custody services and blockchain-based financial offerings, potentially unlocking broader institutional adoption and investment in the sector.According to Jefferies, passage would provide the durable regulatory framework banks, asset managers and exchanges…

U.S. spot bitcoin ETFs lost a net $231 million on Monday, with BlackRock’s IBIT accounting for $300 million of outflows that other funds partly offset, including $50 million into ARKB and $35 million into GBTC, per SoSoValue data.The outflow lands as risk appetite elsewhere is surging. Wall Street’s technology rally spread into Asia on Tuesday, with the MSCI Asia Pacific index up 1% on the year’s final trading day after a semiconductor rebound helped the S&P 500 snap a five-session losing streak. The Asian benchmark is on track for its biggest quarterly gain in almost 17 years.South Korea’s Kospi, which…

AI & Crypto

Read More

Politics

Don't Miss!