The regulatory machinery moved forward on multiple fronts this week! ⚙️
#CFT Here is what went down:
➤ Political & Regulatory Push:
Lawmakers pressed Congress on the CLARITY Act and highlighted a CFTC initiative to bring Hyperliquid onshore, while the SEC introduced proposed Reg Crypto alongside a three-part roadmap outlining clear paths for token issuance and market structure. 🏛️📜
➤ Bitcoin's Big Surge:
Against that backdrop, Bitcoin surged as high as $79,400—marking its strongest week since March 2023! 🚀
➤ Institutional Adoption:
The rally was fueled by a Treasury buyback announcement, even as major financial institutions like Visa, Swift, Standard Chartered, and HSBC quietly integrated stablecoins and tokenized deposits into mainstream settlement networks. 🌐💳
$BTC $BNB $ETC #CanadaToImpose15%To50%TariffsOnUSGoods #ZcashRises45%WeeklyToHighestSince2016 #IMFSaysElSalvadorBTCNoPublicFunds #IranSaysItHit3USShips3Tankers