Fidelity confirms stablecoin testing but no plans to launch yet
The asset manager recently filed for a tokenized fund, following other traditional finance giants such as BlackRock and Franklin Templeton.
Immutable hailed the end of the SEC inquiry as a victory for clarity in blockchain laws and web3 gaming.
CME Group CEO highlighted push for regulatory clarity as the main driver for the tokenization initiative.
Following a successful overturn in early March, the rule returns to the Congress for a final vote.
Asia Web3 Alliance called for cohesive US-Japan efforts to streamline token classification and boost market access.
GameStop shares jumped over 7% in the after-market following the announcement.
The settlement is now pending the SEC's vote, and will end the XRP lawsuit if approved.