Crypto News
CLARITY Act delayed at least a few more weeks: The Senate Banking Committee plans to take a multi-week pause on the long-awaited crypto market structure bill, according to multiple reports. The setback comes after Coinbase reportedly withdrew support for the legislation–dubbed the CLARITY Act–amid unresolved disagreements over the ability for customers to earn yield from holding stablecoins and other issues.
Strategy purchased 22,305 BTC for roughly $2.13 billion at an average price of $95,284: The purchase was funded by at-the-market sales of common stock, and lifts the firm’s total disclosed holdings to 709,715 BTC. The company’s cumulative average purchase price now sits at $75,979 with a total book cost of $53.9 billion. The acquisitions mark one of Strategy’s largest weekly runs since November 2024.
The New York Stock Exchange announced it is creating a platform for tokenized US stocks and ETFs: The system aims for 24/7 trading, fractional shares, and near-instant settlement, but is still awaiting the required regulatory approval. The move is part of the NYSE's parent company’s broader digital strategy. The firm is preparing its clearing infrastructure for continuous trading through collaborations with banks including BNY and Citi to enable tokenized deposits.


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