After CLARITY Vote, Regulators Back Tokenization

The US has made it clear: it is NOT going to wait for the CLARITY Act. The Senate blocked it 49-50. 48 HOURS later, the SEC approved on-chain trading of tokenized US stocks. Then the CFTC told Wall Street to prepare for MASS TOKENIZATION. And this month, a $114 TRILLION Wall Street giant is set to launch its tokenization service. Here's everything else that's happened since the vote: 1. CFTC sent its new rules for crypto trading and crypto markets to the White House 2. SEC proposed new crypto custody rules for advisers and funds 3. SEC approved the first 3x leveraged Bitcoin and Ether ETPs 4. SEC gathered NYSE, Nasdaq, Citadel Securities and Robinhood to plan 24-hour stock trading 5. Treasury is reportedly weighing a push for dollar stablecoins overseas 6. White House blamed the big banks for killing the bill 7. NYSE signed a deal to bring tokenized stocks to 44 MILLION crypto accounts 8. BlackRock, DTCC, Visa and Mastercard became validators on Circle's new Arc blockchain 9. Community banks sued to stop crypto firms getting federal trust charters 10. Bitcoin ETFs pulled in $3 BILLION in 9 straight days And what's coming next: - DTCC, which holds over $114 TRILLION in assets, is set to launch its tokenization service in October - US stocks are set to trade 23 hours a day from December 6 - CLARITY can still come back, after Sen. Tillis filed a motion to reconsider But one thing is clear, crypto is moving forward with or without the CLARITY Act.