BlackRock’s Uniswap Bet Jolts UNI as Wall Street Dips Into DeFi

SEC Chair Paul Atkins unveiled a multi-step regulatory roadmap that uses SEC rulemaking and targeted exemptions to shape crypto market structure while Congress continues work on the CLARITY Act. The plan is presented as an interim bridge to provide clarity until comprehensive legislation is enacted.

Minneapolis Fed president Neel Kashkari said cryptocurrencies are "utterly useless" and described stablecoins as a "buzzword salad," arguing stablecoins aren't an improvement over Venmo and fail basic real-world viability tests.

Ripple has joined the White House's third meeting aimed at resolving disputes over stablecoin yield offerings, signaling industry engagement in shaping policy. The session could shape rules that affect XRP-linked products and wider crypto yield markets.

Figure has issued FGRD as an on‑chain native representation of its common shares in an upsized $150M offering, promising instant settlement and integrated lending. The offering was reportedly increased after strong demand.

Coinbase CEO Brian Armstrong told reporters he now puts the odds of the CLARITY Act passing at about 90% after negotiations showed significant progress, and prediction markets have shifted higher in response. The move signals growing confidence that U.S. lawmakers may settle on clearer rules for digital assets.