Trade Associations reacted to the Senate Banking Committee action on the Digital Asset Market Clarity Act.

The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15–9 vote. As the bill moves to the Senate floor, sharp policy disagreements among legislators persist.

The CFTC granted conditional substituted compliance allowing a French nonbank swap dealer to satisfy CFTC swap dealer capital and financial reporting requirements by complying instead with the corresponding EU rules.

The SEC's Division of Corporation Finance is preparing a proposal to let public companies report financial results twice a year rather than quarterly.

Senator Elizabeth Warren asked the SEC to investigate whether World Liberty Financial, Inc. misled investors or violated securities laws in connection with a $75 million loan the company took using its own tokens as collateral.