Lead story · Rules
SEC Issues Innovation Exemption for Tokenized Securities Venues
The Securities and Exchange Commission issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of exchange under the Securities Exchange Act of 1934.
- The SEC granted temporary exemptive relief to Tokenized Securities Venues under the Securities Exchange Act of 1934.
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What happened
The Securities and Exchange Commission issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of exchange under the Securities Exchange Act of 1934.
Why it matters
The SEC granted temporary exemptive relief to Tokenized Securities Venues under the Securities Exchange Act of 1934.
What to watch
24h breadthRisk-on · 66/100
Lower50 = flatHigher
Tracked assets were broadly higher.
Breadth starts at 50, adds three points for each 1% of average 24-hour movement across the tracked assets, and is capped between 0 and 100.BTC$80,992.00+4.56%
BTC was 4.56% higher than the provider quote 24 hours earlier. Snapshot: 04:58 UTC.ETH$2,618.67+5.62%
ETH was 5.62% higher than the provider quote 24 hours earlier. Snapshot: 04:58 UTC.SOL$112.34+6.30%
SOL was 6.30% higher than the provider quote 24 hours earlier. Snapshot: 04:58 UTC.CoinGecko snapshot at 04:58 UTC. Prices and 24-hour moves refresh automatically without rerunning the newsroom.
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Here we go again! The WSJ is working on a story blaming Coinbase and me personally for the CLARITY Act not passing. The Journal has repeatedly been hostile to CLARITY in its reporting, regurgitating bank lobby talking points, while I’ve spent years pushing for crypto legislation, but that’s not stopping them from trying to reverse the blame. The boring TLDR: in January I opposed a draft of the bill going into a committee vote, because it needed a lot of work on DeFi, tokenization, CFTC authority, and stablecoin rewards. At the time, the bill had major issues that would have harmed crypto. Support was fractured, and it wasn’t passable. We worked with a number of parties who improved the bill and made it passable. All four of the items I called out were fixed in the draft that then went through the committee about four months later. I'm proud to have done it, and would do it again, because it helped create a better bill. One step of many along the way. The final draft of CLARITY that went to the Senate was great, and I strongly supported it. I'll continue showing up for our customers and pushing for clear rules that treat crypto fairly, even if those who feel threatened by crypto try to plant false stories. It's a shame that the WSJ takes direction from bank lobbyists instead of reporting the truth, but luckily, people are smart enough to see through it these days, and it backfires on them every time.
🚨🗞️NEW: After Crypto’s Bruising Week on Capitol Hill, Regulators Pick Up the Mantle A breakdown of crypto’s roller coaster week in DC and a scoop on how @Visa is closing a loophole that let memecoin purchases earn ordinary credit card rewards. ⬇️ https://t.co/9gfjBlcWRy
The 2nd episode of my new video series Stablecoins Around the World is out! This one focuses on Brazil, so of course I wanted to talk to @AaronWStanley – have a listen to find out why. Below 👇: a link to the post with background info on the stablecoin ecosystem in Brazil. https://t.co/cixLnAxYoZ
Reviewed through 04:58 UTC · editorial order, not engagement rank
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Latest market data · 24h snapshot
What moved, and by how much.
This panel compares each provider quote with the quote 24 hours earlier. Editorial stories remain in the Editor-in-Chief’s priority order instead of being repeated or pulled into this fixed data region.
Risk-on · breadth 66/100. A score of 50 means the tracked assets were flat on average.
24-hour price changeLatest · 04:58 UTC
BTC$80,992.00
+4.56%BTC was 4.56% higher than the provider quote 24 hours earlier. Snapshot: 04:58 UTC.ETH$2,618.67
+5.62%ETH was 5.62% higher than the provider quote 24 hours earlier. Snapshot: 04:58 UTC.SOL$112.34
+6.30%SOL was 6.30% higher than the provider quote 24 hours earlier. Snapshot: 04:58 UTC.Exact percentages are printed beside every row; color is supplemental.
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