Stand With Crypto, the industry-aligned organization launched by Coinbase in 2023 as part of its efforts to promote what it calls “clear, common sense regulation for the crypto industry,” has announced several of its picks for the next session of the US Congress. Wednesday, Bloomberg first Report Stand With Crypto said it will support candidates … Read more
Update (September 25, 10:20 pm UTC): This article has been updated to clarify Christine Smith’s role with the Solana Policy Institute. Summer Mercinger, formerly a commissioner of the US Commodity Futures Trading Commission (CFTC), will step down as CEO of the Blockchain Association and leave the advocacy organization at the end of the year after … Read more
US Commodity Futures Trading Commission (CFTC) Chair Michael Selig says financial markets should prepare for “mass tokenization” as regulators adapt existing frameworks for blockchain, artificial intelligence and onchain markets. In remarks delivered Tuesday at the US Treasury Markets Conference, Selig said Tokenization of real-world assets (RWAs) can become the foundation of more efficient financial systems, … Read more
Fail the Clarity vote, long live Clarity After a year of buildup, the US Senate has failed to pass a cloture motion on the Digital Asset Market Clarity (Clarity) Act. The proposal received only 49 votes in favor and 50 against, short of the required 60 votes. However, Republican Senator Thom Tillis’s “no” vote seems … Read more