EXODUS ep.182: CLARITY Act stall, SEC tokenized stock rules, and JPYC volatility on Upbit
The episode reports that the CLARITY Act has stalled, contributing to Bitcoin falling below $75,000. The SEC and CFTC will continue regulating via existing authorities. The SEC has granted conditional exemptions for on-chain trading of tokenized stocks. Other updates include the launch of the LST 'japanSOL' by Allied Architects and Dawn Labs, the FSA's concerns regarding crypto 'sales offices,' and significant price volatility for the JPYC stablecoin following its listing on Upbit.
Summaries are written by AI from the original article. Not investment advice.