Crypto regulation moved back to center stage in Washington this week. President Trump met with crypto and traditional finance executives to push the CLARITY Act forward, while the SEC proposed a parallel framework that could give token projects a clearer path to raise capital and launch in the United States even if Congress moves slowly.
We also look at the U.S. Treasury’s decision to double the size of long-dated bond buybacks, why markets interpreted the move as incrementally easier financial conditions, and the backdrop to Bitcoin’s rally from roughly $63,000 to above $79,000 during the week.
