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Circle: From Issuance to Infrastructure
Circle is attempting to transform from a single-layer company into a full-stack financial platform that can operate and derive value across multiple layers of the payment stack.
Capital Markets: How will independent agents obtain financing?
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Overview of Important Market Events on May 18
Cross-border payment giant Wise lands on Nasdaq
Wise's listing on Nasdaq is not just a relocation of its stock market; it is also a repositioning of a cross-border payment company transitioning from a low-cost remittance tool to a global financial services network.
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On May 14, the U.S. Senate Banking Committee passed the CLARITY Act with bipartisan support. The act clarifies the division of responsibilities between the SEC and CFTC in the cryptocurrency sector, providing a legitimate path for blockchain networks to issue and operate tokens.
Hyperliquid has been sued by two major traditional exchanges
CME and ICE joined forces to go to the U.S. Congress and CFTC to complain, demanding strict regulation of the cryptocurrency derivatives platform Hyperliquid.
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