Senate Banking Committee plans to hold key market structure hearing on Thursday

The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14.

source https://www.coindesk.com/policy/2026/05/08/senate-banking-committee-plans-to-hold-key-market-structure-hearing-on-thursday

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000

Tokenization and digital asset-infrastructure stocks climbed as SEC Chair Paul Atkins signaled support for onchain finance rules.

source https://www.coindesk.com/markets/2026/05/08/coinbase-rebounds-as-altcoins-surge-with-bitcoin-holding-above-usd80-000

SEC chair Atkins signals new rules for onchain markets, AI-driven finance

The SEC chair linked the rise of AI-powered financial systems with growing demand for blockchain-based market infrastructure and automated settlement.

source https://www.coindesk.com/policy/2026/05/08/sec-chair-atkins-signals-new-rules-for-onchain-markets-ai-driven-finance

Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown

The crypto platform missed on the top and bottom lines as falling digital asset prices weighed on trading activity and investor sentiment.

source https://www.coindesk.com/markets/2026/05/07/coinbase-stock-drops-4-after-surprise-1q-miss-as-crypto-trading-slows

Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry

Jesse Spiro, Head of Government Affairs at Tether, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically.

source https://www.coindesk.com/policy/2026/05/07/tether-executive-warns-the-2026-midterms-could-have-seismic-impact-on-crypto-industry

U.S. Bitcoin Reserve update coming in 'next few weeks," White House adviser says

White House digital-assets adviser Patrick Witt cited a recent exploit involving assets held by the U.S. Marshals as proof federal crypto holdings need safeguarding.

source https://www.coindesk.com/policy/2026/05/06/u-s-bitcoin-reserve-update-coming-in-next-few-weeks-white-house-s-adviser-says

Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive

Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge.

source https://www.coindesk.com/business/2026/05/06/dominance-of-tether-and-circle-is-net-bad-for-stablecoins-says-bridge