Commissioner Hester Peirce emphasizes the SEC's commitment to regulatory clarity through planned expert-led crypto roundtables.
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.
The FDIC's decision follows an identical movement by the OCC on March 20, potentially prompted by criticism from crypto industry figures.
Custodia's patent-backed stablecoin, Avit, combines fast settlements and transparency in a regulated framework.
