CoinDesk, May 23: 1. SEC delays blockchain token stock plan; BTC drops below $76,000; 2. U.S. Securities and Exchange Commission postpones exemption for tokenized trading of U.S. equities; 3. SEC Commissioner Peirce refutes the claim that crypto regulations will promote synthetic tokens; 4. Tom Emmer: Concerns over the CLEAR Act are exaggerated; 5. Cardano governance crisis: 81% vote against a 32.9 million ADA research funding proposal; 6. Bitcoin ETFs hold over 1.23 million BTC, with a market value exceeding $95.3 billion; 7. GoPlusSecurity: UMA CTF adapter administrator account compromised, resulting in approximately $600,000 in losses; 8. Chainlink CCIP value surpasses $110 billion, overtaking DeFi oracles; 9. German lawmakers block termination of Bitcoin tax incentives under green initiative; 10. Canada’s first compliant stablecoin, CADD, is custodied by Anchorage Digital.
SEC Delays Tokenized Stock Plan, BTC Falls Below $76,000
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Summary
BTC price dropped below $76,000 as the U.S. Securities and Exchange Commission (SEC) postponed its tokenized stock trading exemption plan. A Cardano governance vote rejected a 32.9 million ADA research funding proposal. Chainlink’s CCIP value exceeded $110 billion. BTC dominance remains under pressure amid shifting market sentiment.
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