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Crypto Turbulence and Tokenization: Navigating Shutdowns, Hacks, and AI Risk
In today's edition of Chain Reaction, we explore a tumultuous crypto landscape marked by a U.S. government shutdown that has frozen SEC reviews and delayed new ETF launches, while Bitcoin continues to serve as a safe haven amid market volatility. Circle expands its tokenized treasury fund to Solana, and regulatory controversies-including lost texts from former SEC Chair Gary Gensler and a withdrawn CFTC nomination-add to the uncertainty. Added to that, significant corporate moves such as Trump Jr.'s dismissal of conflicts in his crypto venture and Robinhood CEO Tenev's bold outlook on…
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