basically we have 75 day window that already started such that if there’s “no action” from the SEC, some ETFs could be pushed throughmore realistic approach is within a few weeks the govt reopens & they are approvedthink all the mainstream media type assets (xrp, sol, xlm, dot, etc)robbie (@robbie_rollup):I asked James how the government shutdown is impacting digital asset ETF filings."There's over 150 filings for digital assets. But the government's shut down, so I don't think anything new is going to come ...

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 VanEck files S-1 for a Lido Staked Ethereum ETF.🔹 BitMine’s Tom Lee says Ethereum remains “Wall Street’s blockchain,” but warns the digital asset treasury sector may already be in a bubble.🔸 Gold becomes the first asset in history to surpass a $30 trillion market cap.🔹 SEC Commissioner Hester Peirce said tokenization is a “huge focus now” for the agency and urged stronger protections for financial privacy at the DC Privacy Summit.🔸 Andreessen H ...

With 90% of SEC staff furloughed, the agency announced on Thursday that it won't penalize companies for omitting pricing details during the shutdown. https://t.co/ee06WXlawP ...

U.S. SEC Chair Paul Atkins said SEC plans to formally initiate rulemaking for an “Innovation Exemption” by the end of 2025 or early 2026 to encourage companies to develop digital assets and related technologies in the U.S. He emphasized that while the government shutdown has slowed the SEC’s rulemaking process, the exemption remains a top priority. https://t.co/yfgC4yPXoV ...

Yeah, so much higher for longer.Watcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 SEC plans to formalize "innovation exemption" for crypto companies by the end of this year. ...

JUST IN: 🇺🇸 SEC plans to formalize "innovation exemption" for crypto companies by the end of this year. ...

US federal shutdown stalls crypto progress as SEC goes dark, TD Cowen warns https://t.co/IzLM6Iyc77 ...

⏱️ State of Crypto Tonight: Your 60-second week in review• Morgan Stanley calls $BTC 'digital gold,' recommending up to 4% allocation.• Stripe's going full crypto, filing for a federal charter to mint stablecoins.• Exchange balances just hit levels we haven't seen since 2019—everyone's moving to cold storage.• $BTC hits a new ATH of $125K.• The US government has officially shut down, stalling SEC operations with crypto ETF reviews and enforcement on pause.Which story hit differently for you this week? 👇 ...

Regulatory Impact - US shutdown stalls SEC operations [1] - Crypto ETF reviews are paused due to the shutdown [1] - Enforcement actions are also paused [1]

Clarity Act Overview - The Clarity Act is a market structure bill aiming to clarify which regulator (SEC or CFTC) should oversee crypto by defining blockchain, digital assets, digital commodities, and mature blockchain systems [1] - The Act introduces "investment contract assets," allowing tokens to switch categories over time based on decentralization [1] - It guarantees the right to self-custody, ensures existing trade rules remain unaffected, and encourages global AML frameworks for crypto [1] - The bill allows projects to raise up to $75 million per year without SEC registration if they aim to become decentralized commodities within 4 years [1] Legislative Progress and Challenges - The Clarity Act was introduced on May 29th by Representative French Hill and passed by the House with a 294 to 134 vote, but requires Senate approval [1] - Senate Democrats are calling for increased collaboration on the bill, facing opposition from figures like Senator Elizabeth Warren [2] - The appointment of Brian Quinten as CFTC chair was stalled, creating uncertainty around the agency's regulatory approach [2] - Competing bills like the Responsible Financial Innovation Act (RFIA) offer different approaches to crypto regulation [2] - Poly Market estimates a 31% chance of the Clarity Act being signed into law by the end of 2025, down from 87% in mid-July [4] Potential Impacts and Alternatives - Rejection of the Clarity Act could cause market uncertainty and a potential price crash, possibly triggering a bear market [4] - The SEC and CFTC have launched initiatives like Project Crypto and a crypto sprint to regulate the crypto industry within their existing authority [4] - Even without the Clarity Act, new legislation or alternative structures are likely to emerge to regulate the crypto industry [5][6] Potential Bearish Implications - The Clarity Act could allow TradeFi investors to dominate the crypto ecosystem, potentially conflicting with crypto's decentralized ethos [8][9] - The Genius Act requires US stablecoin issuers to be trade entities, handing control of stablecoins to traditional financial institutions [9] - Mega banks are building their own blockchains and tokenized payment rails, potentially becoming the new gatekeepers of crypto [10][11]