Crypto

Bitwise cites four areas that benefited from Clarity bill stall

Bitwise pointed to the U.S. Securities and Exchange Commission's swift regulatory response as a reason crypto markets stayed strong after the Clarity market structure bill stalled in the U.S. Senate. Matt Hougan said the setback left several areas better off, including stablecoins, crypto exchanges, tokenization platforms and revenue-generating tokens. He cited SEC steps such as a conditional exemption for trading tokenized U.S. listed shares and guidance in an FAQ.

Crypto

Russia moves to include crypto holdings in bank certificates as it tightens oversight

Russia is moving to require banks to include customers' cryptocurrency holdings in official balance certificates, under proposals by the central bank. The planned change would add crypto and legally defined “digital financial assets” to documents used to submit balances to other institutions and to support income and asset declarations by civil servants and public-sector workers. The steps follow a law effective Sept. 1 that legalised trading and exchange while banning domestic use for payments.