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The Block

The first and final word in digital assets
‘We are closer than ever’: US crypto czar David Sacks says Clarity Act markup confirmed for January
Markup sessions review, amend, and vote on the bill in the committee before it advances to a full floor vote in the Senate....
Senate confirms CFTC Chair pick Michael Selig as agency takes larger role regulating crypto
The U.S. Senate voted to advance President Trump’s nominee, Michael Selig, to lead the Commodity Futures Trading Commission....
JPMorgan reiterates it doesn’t see a trillion-dollar stablecoin market by 2028. Here’s why
JPMorgan said stablecoin demand remains primarily driven by crypto trading activity, while growing use in payments may not materially increase supply....
Coinbase’s new product rollout strengthens bull case with upside not fully reflected, analysts say
JPMorgan highlighted rising engagement and monetization potential across both transaction and subscription products....
The Daily: Coinbase expands into stocks and prediction markets, SEC issues crypto custody guidance, SoFi launches a stablecoin, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
Leading Solana treasury Forward Industries tokenized FWDI stock via Superstate
The firm holds about 6.8 million SOL tokens, more than the next three largest SOL DATs combined, according to The Block's SOL treasury data....
Bitwise joins race to launch SUI ETF with latest SEC filing
Crypto index fund manager Bitwise is seeking to launch an exchange-traded fund tracking the SUI token....
Kalshi shelves college athlete transfer markets amid NCAA president’s criticism
The prediction market sought permission from regulators to allow for listing event contracts based on college athlete transfers....
Intuit taps Circle’s USDC to add stablecoin payments across TurboTax and QuickBooks
Circle continues to position USDC as a compliant settlement layer for incumbents, following deals with Visa and major crypto exchanges....
SEC charges bitcoin mining firm VBit CEO involving $48.5 million misappropriated in bogus investment deals
The SEC charged Danh C. Vo, founder and CEO of a bitcoin mining business called VBit, on Wednesday, according to a complaint....
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