Beau Solimando

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 White House Official Patrick Witt says they're aiming to pass crypto Clarity Act by July 4th.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 White House Executive Director Patrick Witt says he is optimistic on passing the Clarity Act by July 4th 👀

"We're doing a lot of work behind the scenes." 🙌

[𝗕𝗮𝗻𝗸XRP @BankXRP]

Brad Garlinghouse isn't holding back. 🚨 The Ripple CEO just went on Fox Business to call out Jamie Dimon’s pushback on crypto regulation as an "intentional misrepresentation."

“$13 TRILLION in legacy volume, 0% on-chain... yet. 👀”

"Stablecoins are the ChatGPT moment of finance." 💥

He revealed Ripple Treasury handled a massive $13 TRILLION in legacy payments last year and explained why that multi-trillion dollar gap is the ultimate crypto opportunity.

The tides have officially changed. 👇

[Cointelegraph @Cointelegraph]

🇺🇸 NEW: Senate Banking Committee Chairman Tim Scott says the CLARITY Act will protect consumers, establish clear rules for digital assets, and help keep the U.S. at the forefront of financial innovation.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇯🇵 Japan advances bill to reclassify cryptocurrencies as financial products and cut taxes from 55% to 20%.

[Eleanor Terrett @EleanorTerrett]

Ways and Means Republicans rolled out six standalone bills and a discussion draft ahead of today’s crypto tax hearing at 2pm ET.

The bills address crypto donations, mining and staking taxation, reporting requirements, tax treatment parity, voluntary disclosure, and applying existing tax anti-abuse rules to digital assets. The discussion draft targets the use of offshore crypto tax shelters.

Witnesses include:

📌Sarah Reilly, Vice President and Senior Tax Counsel, @Fidelity

📌@LawrenceZlatkin, Vice President of Tax, @coinbase

📌@jasonsomensatto, Director of Policy, @coincenter

📌Mike Kaercher, Deputy Director,
Tax Law Center at @nyulaw

[CoinMarketCap @CoinMarketCap]

LATEST: ⚡️ Ripple CTO emeritus David Schwartz says XRP utility is expanding beyond payments as the XRP Ledger adds support for tokenized stocks, funds, repos, and loans.

[Cointelegraph @Cointelegraph]

🚨 UPDATE: ONDO is now over 25% of the total Tokenized Market Cap.

That's over 4x higher than this time last year.

[Cointelegraph @Cointelegraph]

🇺🇸 LATEST: White House crypto advisor Patrick Witt says it's a "big week ahead for Clarity," as the issue set narrows and good faith offers are being put forward.

He added that time is of the essence.

[Ondo Finance @OndoFinance]

The biggest IPO in history.

Tokenized on day one.

SPCXon, coming to Ondo Global Markets.

[Senator Cynthia Lummis @SenLummis]

The Clarity Act passed committee. The floor is next. We did not come this far to quit at the 5 yard line.

[Senator Cynthia Lummis @SenLummis]

To every developer, every founder, every holder who stuck with this through the hard years — the Clarity Act is for you.

[Cointelegraph @Cointelegraph]

🇺🇸 JUST IN: A key US House committee is preparing to drop crypto tax legislation as early as Friday, Bloomberg reports.

The bills will cover staking, mining rewards, and aim to bring digital assets in line with traditional securities tax rules.

[Bitcoin Magazine @BitcoinMagazine]

BREAKING: The first Federal National Mortgage Association-backed mortgage using Bitcoin in the US just closed using Coinbase 🇺🇸

The homebuyer said: “We closed on our home and my Bitcoin stayed intact. We didn’t have to liquidate, didn’t have to time the market” 🙌

[Brian Armstrong @brian_armstrong]

Big month @Coinbase:

- First company bringing global crypto perps + options to the US in a compliant way
- Official USDC treasury deployer for @HyperliquidX
- Gold & silver perps now live outside the US (coming to the US soon)
- Partnered with Standard Chartered to expand global fiat access for institutional clients

+ more in the article below:

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 SEC Chair Paul Atkins says he's confident Congress will advance the Clarity Act and President Trump will sign it into law ✍️

[Cointelegraph @Cointelegraph]

🚨 HUGE: Coinbase just became the first CFTC-regulated platform giving U.S. institutions access to global crypto perpetual futures and options markets.

[Cointelegraph @Cointelegraph]

🔥 BREAKING: CME Group launches 24/7 crypto trading today.

Starting May 29 at 4:00 p.m. CT, institutions can trade BTC, ETH, SOL, XRP, ADA, LINK, XLM, AVAX, and SUI futures around the clock.

[Brian Armstrong @brian_armstrong]

Big day for our US-based traders, and for Coinbase.

Until now, US users have been locked out of ~80% of global crypto markets (perpetual futures and options). But not anymore!

Coinbase is the first and only regulated platform able to connect US users to global crypto options and perpetual futures (including Deribit options with >$31B in OI).

Thanks to Chairman Selig and @CFTC for making this possible.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 Texas announces the creation of the "Texas Strategic Bitcoin Reserve Advisory Committee."

Texas is now also looking for a qualified firm to custody their BTC for when they buy more 🚀