OCC Opens the Floodgates: The US federal banking regulator declared it's "open for business" for crypto firms, having received 40 de novo applications in 18 months — a dramatic reversal after a decade of near-zero charter activity.
SEC Gears Up for Solo Play: With the CLARITY Act stalled in the Senate, the SEC scheduled a Friday meeting to consider new rules for crypto asset offerings, signaling it won't wait for Congress to finish its homework.