Senate Advances Bipartisan Crypto Bill to Define SEC and CFTC Roles

The Senate closed its doors without voting on the CLARITY Act, even though the committee had passed it with a strong 15-9 vote. Senator Lummis cautioned that if the present opportunity is missed, new law on crypto could be delayed till 2030. MiCA in Europe continues to develop as US legislators continue to try and […] The post Congress Delays CLARITY Act as Crypto Industry Fears Another Lost Year appeared first on Live Bitcoin News.

Trading in the new Bitcoin index options will not begin right away. The SEC approval does not automatically open the door — the Commodity Futures Trading Commission must still grant its own exemptive relief before any contracts change hands on the exchange, because Bitcoin is classified as a commodity and falls under the CFTC’s jurisdiction. […]

The post Grayscale names 4 Clarity Act altcoin winners appeared on BitcoinEthereumNews.com. Grayscale named four blockchains as the top Clarity Act winners in a research note published on May 22. Summary Grayscale named Ethereum, Solana, BNB Chain and Canton Network as the four chains best placed for institutional capital after the Clarity Act passes. The four chains lead the market by tokenised asset value, stablecoin supply and DeFi total value locked, which Grayscale uses as its primary ranking criteria. Grayscale also named Avalanche, Base, Arbitrum, Hyperliquid and Tron as secondary beneficiaries with significant on-chain finance exposure. Grayscale published a research note on May 22 identifying Ethereum, Solana, BNB Chain, and Canton Network as the four blockchains best placed to absorb institutional capital once the Clarity Act is signed into law. “Regulatory clarity is coming, and a rising tide will likely lift digital assets broadly,” Grayscale wrote. The four chains were sel

The post CLARITY Act Approval Odds Drop Massively, What’s The Reason? appeared on BitcoinEthereumNews.com. The CLARITY Act’s odds of passing before 2027 plummeted below 50% on prediction market platforms recently. Experts attribute this drop to uncertainty over the Senate’s busy legislative calendar and internal Republican debates. What Are the Odds of Approval For CLARITY Act? According to Kalshi, the probability of the CLARITY Act passing before 2027 has decreased from almost 75% last week to 49% currently. Chances also declined for passing before August 2026 at 37% and approval before July 2026 at 14%. The drop came after the Senate went on a week-long recess without taking any steps toward a large border security reconciliation package. The backlog is likely to make it more challenging for crypto legislation to get a date in June when lawmakers return. Journalist Eleanor Terrett wrote that “Clarity Act will now be competing for Senate floor time when lawmakers return the first week

Grayscale named four blockchains as the top Clarity Act winners in a research note published on May 22. Grayscale published a research note on May 22 identifying Ethereum, Solana, BNB Chain, and Canton Network as the four blockchains best placed…

The U.S. Securities and Exchange Commission has approved Nasdaq to list cash-settled bitcoin index options on the Philadelphia Stock Exchange, opening a new derivatives gateway for institutional investors who want regulated bitcoin exposure without custody complications. What Cash-Settled Means And Why It Matters The Securities and Exchange Commission (SEC) approved Nasdaq’s application to list European-style, […]

The post ‘Not for synthetics’ – SEC to limit innovation exemption scope for tokenized stocks appeared on BitcoinEthereumNews.com. The much-awaited innovation exemption for tokenized stocks will likely be limited in scope than previously expected. In a statement on X (formerly Twitter), SEC Commissioner Hester Peirce said the exemption will not cover synthetics.  I’ve always expected that it’d be limited in scope & would facilitate trading only of digital representations of the same underlying equity security that an investor could purchase in the secondary market today, not synthetics. Source: X The innovation exemption was first floated last year. In mid-May, Bloomberg reported that the framework will be temporary and limited. It would have restrictions on volume caps, white-listed sellers and buyers, suggesting some form of KYC (Know Your Customer).  The proposal will also extend to certain decentralized venues without the need for a broker-dealer license. However, it is not yet clea

Grayscale filed another SEC amendment for its proposed Hyperliquid ETF as competition in the HYPE ETF market continues to grow. Grayscale Investments moved one step closer to launching its proposed Hyperliquid ETF after filing another amendment with the US Securities and Exchange Commission. Bloomberg ETF analyst James Seyffart made the update this week and noted […] The post Grayscale Moves Closer to Launching Hyperliquid HYPE ETF appeared first on Live Bitcoin News.