The U.S. does not wait for the CLARITY Act bill to drive tokenization

After the Senate rejected the bill by a 49-50 vote, the SEC approved an on-chain transaction for tokenized U.S. stocks. The CFTC requires Wall Street to prepare for large-scale tokenization.

Other developments include:
- The SEC approves Bitcoin and Ether leveraged ETPs for the first time, in the 3rd batch
- NYSE signs an agreement to bring tokenized stocks to 44 million crypto accounts
- The Treasury considers stepping up the push for stablecoin USD overseas
- The SEC meets with multiple exchanges to build a plan for 24-hour stock trading

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