Ripple CEO Brad Garlinghouse said U.S. cryptocurrency regulatory clarity is closer than ever and Washington’s approach has changed markedly over the past decade. His comments followed the first meeting of the U.S. Commodity Futures Trading Commission’s Innovation Advisory Committee, chaired by Michael Selig, where crypto firms and traditional finance executives participated. Garlinghouse said the group agreed old rules were insufficient. He also cited recent SEC and CFTC moves and Ripple’s long legal fight with the SEC.

Standard Chartered said its $100 2030 price target for Uniswap’s UNI token may be too low as fee revenue on Robinhood Chain is rapidly feeding into token buybacks and burns. It cited a jump in Uniswap protocol revenue from late July to mid-August, under a “Unification” upgrade that uses revenue for UNI purchases and burns. UNI was last at $3.53, down over the past week, with a $2.2 billion market value.