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SEC Backs Crypto Legislation, Morgan Stanley Launches ETH & SOL Spot ETPs and Crypto Treasury Firms Shift to AI Data Centers, etc

SEC Backs Crypto Legislation, Morgan Stanley Launches ETH & SOL Spot ETPs and Crypto Treasury Firms Shift to AI Data Centers, etc

1. If CLARITY Act Stalls, SEC Will Issue Its Own Crypto Market Rules link

Paul Atkins, Chair of the US SEC, stated that if Congress fails to pass the CLARITY Act, the SEC stands ready to craft its own rules governing crypto market structure. However, legislation would offer greater durability and prevent the regulatory framework from shifting with changes in administration. The bill cleared the Senate Banking Committee in May by a 15–9 vote and has yet to advance to a full Senate vote. The SEC has placed rules for crypto asset issuance, custody and trading on its 2026 regulatory agenda.

2. Crypto Ownership in Canada Rises to 25%, Marking Mainstream Financial Adoption link

According to the latest survey report released by the Ontario…

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