May 15: CLARITY Act Advances in 15-9 Vote
Brief Summary:
Bitcoin Update: Bitcoin holds above $80,000 despite geopolitical tensions and mixed economic data.
Major Regulatory Win: The U.S. Senate Banking Committee voted 15-9 to advance the CLARITY Act, moving the crypto market structure bill one step closer to becoming law.
Institutional Launch: Fidelity Digital Assets launched a new institutional staking service for Bitcoin and Ethereum, securing over $500 million in early commitments from pension funds and endowments.
BlackRock Expansion: BlackRock filed to expand its tokenized Treasury offerings with a new product aimed at European…
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