Unpacking Thursday's at-times contentious markup hearing.
source https://www.coindesk.com/policy/2026/05/17/the-clarity-act-took-a-step-forward-state-of-crypto
cryptonews
Sunday, May 17, 2026
Japan's SBI Securities, Rakuten Securities plan to offer crypto investment trusts
Another 11 companies responded to a survey saying they would consider offering crypto funds once the regulatory environment becomes clear.
source https://www.coindesk.com/business/2026/05/17/japan-s-sbi-securities-rakuten-securities-plan-to-offer-crypto-investment-trusts
source https://www.coindesk.com/business/2026/05/17/japan-s-sbi-securities-rakuten-securities-plan-to-offer-crypto-investment-trusts
A Russian stablecoin built to dodge sanctions says it can survive even if they're lifted
A7A5, the Russia-linked stablecoin built to move money around banking restrictions, says faster trade settlement, yield and regional crypto infrastructure could keep it relevant even if geopolitical tensions ease.
source https://www.coindesk.com/policy/2026/05/24/a-russian-stablecoin-built-to-dodge-sanctions-says-it-can-survive-even-if-they-re-lifted
source https://www.coindesk.com/policy/2026/05/24/a-russian-stablecoin-built-to-dodge-sanctions-says-it-can-survive-even-if-they-re-lifted
Saturday, May 16, 2026
Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
source https://www.coindesk.com/markets/2026/05/16/crypto-longs-lose-usd500-million-as-bitcoin-slides-to-usd78-000-sol-and-xrp-down-5
source https://www.coindesk.com/markets/2026/05/16/crypto-longs-lose-usd500-million-as-bitcoin-slides-to-usd78-000-sol-and-xrp-down-5
Friday, May 15, 2026
Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.
source https://www.coindesk.com/markets/2026/05/16/bhutan-doesn-t-recall-selling-any-bitcoin-disputing-widely-tracked-usd1-billion-btc-drawdown
source https://www.coindesk.com/markets/2026/05/16/bhutan-doesn-t-recall-selling-any-bitcoin-disputing-widely-tracked-usd1-billion-btc-drawdown
U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
source https://www.coindesk.com/policy/2026/05/15/u-s-house-lawmakers-who-oversee-the-cftc-are-urging-trump-to-fill-the-commission
source https://www.coindesk.com/policy/2026/05/15/u-s-house-lawmakers-who-oversee-the-cftc-are-urging-trump-to-fill-the-commission
SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut
Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.
source https://www.coindesk.com/markets/2026/05/15/spacex-targets-june-11-ipo-pricing-picks-nasdaq-for-historic-market-debut
source https://www.coindesk.com/markets/2026/05/15/spacex-targets-june-11-ipo-pricing-picks-nasdaq-for-historic-market-debut
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The Clarity Act took a step forward: State of Crypto
Unpacking Thursday's at-times contentious markup hearing. source https://www.coindesk.com/policy/2026/05/17/the-clarity-act-took-a-step...
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XRP posted modest gains despite intraday volatility, recovering from early lows to close near $3.22 on strong afternoon volumes. Institution...
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Rather than “giving power to the machines,” AI agents give users autonomy to handle complex processes, acting as reliable allies in an incre...
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A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom. sourc...