Circle: Regulator Moves No Substitute for Long-Range Crypto Laws

Circle's chief strategy officer Dante Disparte said actions by regulators like the SEC and CFTC cannot replace comprehensive crypto legislation. The SEC granted a five-year exemption for trading tokenized US stocks onchain, days after the Clarity Act failed to advance in the Senate.

• SEC granted a five-year exemption for tokenized US stock trading
• The Clarity Act failed to advance in the Senate
• Circle: regulatory moves are no substitute for long-range laws