May 15: CLARITY Act Advances in 15-9 Vote

Brief Summary:Bitcoin Update: Bitcoin holds above $80,000 despite geopolitical tensions and mixed economic data.Major Regulatory Win: The U.S. Senate Banking Committee voted 15-9 to advance the CLARITY Act, moving the crypto market structure bill one step closer to becoming law.Institutional Launch: Fidelity Digital Assets launched a new institutional staking service for Bitcoin and Ethereum, securing over $500 million in early commitments from pension funds and endowments.BlackRock Expansion: BlackRock filed to expand its tokenized Treasury offerings with a new product aimed at European institutions.Security Incident: A DeFi protocol on Base lost $19 million in a flash-loan attack involving manipulated oracles.Fraud Case: U.S. authorities charged two people in a $48 million crypto fraud scheme that used AI-generated content to target retail investors.Presale Activity: IONIX CHAIN raised another $9 million, while a new AI-agent infrastructure project closed its round at $7.8 million. Hosted on Acast. See acast.com/privacy for more information.