Fidelity joins push for Senate passage of CLARITY Act

Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.

Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.
US Trade Representative Jamieson Greer has made it unambiguously clear that the United States will not permit the European Union to dictate how American technology companies are regulated, calling the EU’s approach discriminatory and vowing to keep oversight firmly on American soil. “We’re not going to allow that regulation to be outsourced,” Greer said at…
The BitMEX exchange has officially announced they will be shutting down after 11 years of operation. In 2014, Arthur Hayes, Samuel Reed, and Ben Delo co-founded the exchange under the parent company HDR Global Trading Limited. BitMEX pioneered the 100x-leverage perpetual swap, which later became one of crypto’s most widely adopted derivatives products. However, their…
The future of finance will not be about crypto existing outside the financial ecosystem, but about digital assets and blockchain technology becoming fully integrated into the broader financial system as the market continues to mature. President and COO of Crypto.com, Eric Anziani, told Investor Daily that as stablecoins and blockchain-based payment rails continue to mature,…
Ethereum (ETH) is trading roughly 65% below its all-time high, but analysts see a mid-to-long-term buy signal in the growing disconnect between market indifference and robust on-chain activity ahead of ‘Glamsterdam’ — the largest network upgrade in the blockchain’s history. Leveraged speculative positions have cratered while spot trading volumes have soared, indicating accumulation by long-term…
Ethereum’s staking ratio has reached an unprecedented 33.9%, according to data from Token Terminal. This milestone indicates that approximately one-third of all ETH is now locked in staking contracts, reflecting increased confidence in the network’s security and potential future value. The rise in staking comes amid record-low exchange balances of liquid ETH, as institutional investors…
Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected. The Base creator said he had spent the last two years betting that builders and onchain-native social experiences, including Farcaster, Zora, mini apps…