Crypto stocks rebound as SEC and CFTC advance regulatory framework

Crypto-related stocks saw a strong recovery on Friday, led by Strategy (MicroStrategy) with a 13% gain, as Bitcoin climbed back toward $80,800. The rebound follows panic selling earlier in the week triggered by the stall of the CLARITY Act in the Senate. Markets are reacting to proactive moves by the SEC and CFTC, which are signaling that federal agencies will continue to advance regulatory frameworks independently of Congressional legislation. While the SEC has eased certain compliance requirements for tokenized stock trading, the CFTC has expanded no-action relief for passive trading software and submitted a prerule filing to the White House, suggesting a shift toward agency-led oversight.