SEC could start writing crypto rules before the Senate votes on CLARITY
SEC could start writing crypto rules before the Senate votes on CLARITYSEC's July agenda could give issuers, broker-dealers and trading venues a formal process before Congress settles market structure.
Happy Friday!SEC could start writing crypto rules before the Senate votes on CLARITY. SEC’s July agenda could give issuers, broker-dealers and trading venues a formal process before Congress settles market structure and could set precedents for how digital-asset products are offered, custodied and supervised while lawmakers continue debating market definitions. The boundary between brokerage, blockchain and regulated betting is dissolving faster than lawmakers can define it. Robinhood’s Wall Street layer 2 launch, quickly marked by a $150 million cat coin, shows how major financial brands can now spawn open markets that are difficult to contain once the rails go live. That pressure is spreading through policy and product design. The global crypto market cap is $2.19 trillion, with a 24-hour volume of $65.61 billion. The price of Bitcoin is $63,936.37, and BTC market dominance is 58.5%. The price of Ethereum is $1,787.67, and ETH market dominance is 9.8%. The best-performing sector is Social, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (23). 📰 Top News
SEC could start writing crypto rules before the Senate votes on CLARITYSEC's July agenda could give issuers, broker-dealers and trading venues a formal process before Congress settles market structure. Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin firstRobinhood’s new chain lets third-party markets form around its brand, adding a question about where the broker ends and permissionless infrastructure begins. New Hampshire rejects $100M Bitcoin-backed bond after public finance hearingThe Executive Council voted 3-2 against the proposal, halting a structure that would have moved BTC collateral from credit design into a state-linked approval process.
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