UK launches multi-agency raids on peer-to-peer crypto hubs in regulatory shift

SEC explores 24/7 trading as it greenlights tokenized securities

The U.S. Securities and Exchange Commission has begun laying groundwork for around-the-clock stock trading, a model already standard in cryptocurrency markets. The agency held a dedicated event to discuss the possibility of continuous trading in traditional securities markets. The same morning, the SEC also approved tokenized securities, signaling a broader push toward modernizing market infrastructure. The dual developments suggest regulators are increasingly open to adopting practices long associated with digital asset markets.

Crypto for Advisors: Beyond bitcoin and ether

U.S. Crypto Industry Faces Setback as Clarity Act Stalls in Congress

The failure of the Clarity Act to advance is expected to put the United States at a competitive disadvantage against foreign crypto markets in the near term. The crypto industry has been seeking clear legal frameworks to operate with greater certainty and confidence. Without dedicated legislation, the sector may look to more crypto-friendly jurisdictions abroad for growth and development. However, existing regulatory oversight from the SEC and CFTC is expected to provide some foundational structure for the industry in the interim.

S&P Global Acquires Blockchain Security Firm OpenZeppelin

S&P Global has acquired OpenZeppelin, a blockchain security and smart contract auditing firm, marking its latest move into the digital asset space. The acquisition is aimed at addressing technological risks that banks and asset managers face when operating onchain. This deal follows S&P Global's recent market-data investment in crypto analytics firm Kaiko, signaling a broader push into tokenized finance infrastructure. The purchase positions S&P Global to offer risk assessment capabilities tailored to the growing tokenized financial ecosystem.