21Shares President to Speak at Sui Basecamp Conference

The once-promising bipartisan crypto legislation is facing unexpected hurdles as Democratic support wanes. GOP Majority Leader Thune is pushing for action, but key Democratic allies who previously backed the bill are now hesitating. This marks a significant shift from late 2024, when both parties expressed confidence in passing comprehensive crypto regulations. The delay raises questions about the bill's future and the broader implications for digital asset regulation. - Democratic resistance threatens first major crypto legislation - Previous bipartisan momentum from 2024 has stalled - GOP leadership actively pushing for vote *The outcome of this legislative standoff could set precedent for future crypto regulation in the US.*

Real-world asset (RWA) tokenization is gaining momentum in the blockchain space, with Ethereum emerging as the dominant platform. This technology transforms traditional assets into blockchain tokens, offering three key benefits: - Enhanced efficiency in trading and settlement - Increased liquidity for traditionally illiquid assets - Broader market accessibility for investors While platforms like BNB Chain are making strides in the tokenization space, Ethereum's established infrastructure and institutional adoption give it a current edge. *Key Considerations:* - Smart contract security is crucial - Regulatory compliance varies by jurisdiction - Integration with traditional finance systems is ongoing Want to learn more about tokenizing assets? Visit [Ethereum's RWA documentation](https://ethereum.org/en/defi/)

A prominent market maker is expanding its services to become a comprehensive solution for crypto market participants. The company's strategy focuses on integrating trading, investment, and asset management services under one roof. - Chief Strategy Officer Riezman will discuss the vision at **Consensus 2025** - Event takes place May 14-16 - Former Bitcoin educator Pierre Rochard, now leading The Bitcoin Bond Company, will also speak - Rochard's focus: bridging traditional finance and Bitcoin The convergence of traditional finance and crypto services suggests a maturing market infrastructure.

A new trading platform called Opening Bell is launching to enable on-chain trading of SEC-registered shares, creating a bridge between traditional equity markets and crypto infrastructure. Key points: - Platform facilitates trading of regulated securities as digital tokens - Aims to leverage existing investor bases of securities companies - Received approval from SEC Thailand for implementation - Represents significant step in convergence of TradFi and DeFi markets The development follows earlier regulatory guidance from February 2025 that established framework for tokenized securities trading.

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is facing pushback due to its approach to stablecoin oversight. Key concerns: - Proposed framework gives too much control to centralized entities - Critics argue this contradicts crypto's decentralization principles - Democrats urged to oppose current draft The Act, initially promoted by Sen. Kirsten Gillibrand as path to American innovation leadership, now faces scrutiny over its regulatory structure. **Expert Analysis**: Hermine Wong warns that the current framework could stifle innovation and contradicts fundamental cryptocurrency principles.