Last week was a busy week for cryptocurrencies. I haven’t seen this covered in the mainstream news, but it looks like frameworks are being put in place for securities to begin trading on the blockchain.
SEC Chairman Paul Akins speaking Apr 29, 2026 at the Economic Club of Washington says: “[…] and we are on the cusp of releasing what I call an Innovation Exemption which will provide market participants with a cabined framework to begin factilitating the trading of tokenized securities on chain in a complian fashion as the commission works towards long-term rules of the road.”
Which dovetails nicely into the news that over 100 crypto companies are urging the US Senate to move on the CLARITY Act, which establishes a regulatory framework for cryptocurrencies to and other digital assets. It has been passed by the House (July 17, 2025), but hung up in the Senate. Companies include Coinbase, Kraken, Ripple, Andreesen Horowitz and more.
- “CoinDesk article on crypto firms urging Senate to move on market structure bill”
- “CryptoTimes article on CLARITY Act and the industry ramping up pressure”
- “The CLARITY Act”
And Senator Thom Tillis on Apr 29th said recent work on the CLARITY Act has “addressed a lot of the concerns” of the banking lobbyists who have been opposing it.
And to top it off, Inifnite Bank launched a business banking product that combines traditional banking with stablecoins, via Thiel backed Erebor Bank (member FDIC). This provides business with access to stablecoin linked ACH and wire transfers.