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On Thursday, the “Financial Innovation and Technology for the 21st Century Act (FIT21 Act)”, a bill that provides a regulatory framework for digital asset and trading service providers, is passed by two House committees (Financial Service & Agriculture) and is now ready for consideration by the full House.
The Clarity for Payments Stablecoin Bill, a bill to better regulate stablecoin issuers, is passed by the Financial Service Committee and will undergo further review.
The US Senate passes the 2024 NDAA amendment, which included a provision that requires new anti-money laundering guidelines, including crypto-focused provisions.
Blockchain security firm Quantstamp is charged by SEC for conducting an unregistered ICO. Quantstamp settled without admitting or denying the SEC’s charges and will have to pay 3.4m.
LST lending protocol Gravita expands to Arbitrum, enabling low-cost borrowing on its LST-backed stablecoin GRAI.
Liquity launches LUSD on Polygon zkEVM.
Modular blockchain Avail launches the Optimistic Ethereum Virtual Machine (OpEVM) SDK, allowing devs to build EVM-compatible optimistic rollups.
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