The CLARITY Act failed a key Senate vote, with the next Congress likely being the next opportunity to address US crypto market structure. The SEC simultaneously announced a five-year exemption allowing limited trading of tokenized stocks on decentralized public blockchains. Standard Chartered forecasts Arbitrum (ARB) could reach $10 by 2030, representing a potential 70-fold increase driven by Robinhood Chain adoption. Bitcoin ended the week at $81,185, bringing the total crypto market cap to $2.78 trillion. The American Reserve Modernization Act of 2026 also advanced through the US House Committee, aiming to formalize the Strategic Bitcoin Reserve in law.
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