Congress Advances Bitcoin Reserve Bill After Broader Crypto Law Fails
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
The SEC issued a five-year Innovation Exemption so certain platforms can trade tokenized U.S. stocks without registering as exchanges.
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Compass Point lifts Coinbase to Neutral and Bullish to Buy before the Senate Clarity Act vote, citing Bitcoin’s cycle and tokenization.
Bullish Q1 missed estimates, but profits rose. Trading slowed, shares fell, and it announced a $4.2B Equiniti deal.
Bullish is buying Equiniti for $4.2B to build a blockchain-based system for handling shares, payments, and tokenized assets.