Tagged: cryptio

The CLARITY Act: Web3 Thoughts of the Week

The Web3 community had plenty to say about the CLARITY Act passing this week. “Bitcoin ran out of steam very quickly after yesterday’s little pump on the CLARITY Act news. The $82,000 resistance level proved insurmountable, despite institutional buying via ETFs. “The regulatory news was… Read More

Web3 Thoughts of the Week: CLARITY Act, Bitcoin, Crypto-Backed Mortgages & More

Tokenization and crypto-backed mortgages? A revised CLARITY Act? Bitcoin price movement? Web3 Thoughts of the Week contains all that and more. Bitcoin “Bitcoin is currently showing signs of short-term improvement, but the broader technical picture remains unchanged, with the asset still trading within a well-defined… Read More

Cryptio CEO Comments on Stablecoin Yield Hurdle in CLARITY Act Impasse

Allowing stablecoin yield in the CLARITY Act, the crypto market infrastructure legislation, appears to be an issue the banking industry is willing to die on. Legacy banks worry that profits will decline as deposit holders move their funds to more agile stablecoins that offer yields… Read More

Send this to a friend