🚨SCOOP: House Democrats are discussing plans to expand the Crypto Investor and Consumer Bill of Rights, @RepMaxineWaters’ amendment to the Clarity Act in 2025, into a broader crypto “market structure” bill next Congress. The proposal would fold in Democratic Clarity Act provisions originally offered by Waters in the House (which were not adopted), as well as provisions Senate Democrats were able to agree to with Republicans before the September cloture vote, according to three industry sources who have spoken with Democratic staffers. Some of the proposals under discussion are said to include giving the @SECGov more of a role in supervising the crypto markets, and a more limited role for the @CFTC. Additionally, it’s likely that further ethics provisions will be offered to restrict the crypto activities of President Trump and other federal officials. Republicans are calling this a “messaging bill.”

🚨NEW: The midterms proved to be largely a bruising night for the GOP and the crypto industry. Here are the key wins and losses: 📌Over $64M of industry money failed to keep Sherrod Brown out of the Senate. Brown could land a committee leadership role with jurisdiction over crypto. 📌Pro-crypto House Republicans including @RepBryanSteil, @ZachNunn and @RepAnnWagner lost their seats. @RepMikeLawler conceded to Cait Conley, though AP has not called NY-17 yet as delayed ballots are counted. 📌DSCC Chair @SenGillibrand helped deliver a larger than expected Senate majority for Democrats, strengthening her influence in the conference. On the flip side, Republicans lost control of the Senate under NRSC Chair @SenatorTimScott, who is expected to move from Banking Chair to Ranking Member next Congress. 📌House Financial Services Chair @RepFrenchHill race not called yet but looks like he will squeak by with a margin of a few thousand votes. He’s expected to become Ranking Member, while Maxine Waters takes the gavel. 📌Pro-crypto Banking Committee member @PeteRicketts won his race in Nebraska. 📌Pro-crypto @RepAndyBarr won Kentucky’s open Senate seat, replacing Mitch McConnell, and will likely be a contender for a slot on the Banking Committee.

🚨NEW: Six more issuers have objected to having their shares tokenized through the @okx/@ICE_Markets TSV: Tesla Amazon Netflix SpaceX Lam Research SoFi Technologies That brings the total number of objections to 56, including five of the Magnificent Seven. Why the objections, @elonmusk and @anthonynoto?

🚨🗞️NEW: Wall Street’s Tokenization Fight Gets Messy as Crypto Gears Up for Election Day Why companies are pushing back on @okx/@ICE_Markets plans, allegations of behind-the-scenes pressure from @NasdaqExchange, and the key races to watch Tuesday.

🚨UPDATE: Seven more companies have objected to having their shares tokenized on OKXICE’s planned venue, bringing the total to 33. JPMorgan, AMD, Applied Materials, Coca-Cola, Adobe, Dell and Sandisk were added in an updated notice Tuesday evening. More than half of the 62 companies @okx/@ICE_Markets initially named have now objected.

🚨NEW: Americans are more supportive of financial innovation when it’s framed broadly than when it’s explicitly tied to crypto. A new survey from @fund_defi and @Ipsos found 35% say political candidates should support building the next generation of financial technology in the U.S., but just 13% say the same when asked about blockchain, crypto and DeFi. That gap reflects a broader trend of companies moving away from identifying solely with crypto, with @a16zfrontier the latest example. The survey also points to a challenge for the industry: 74% say the financial system needs changes to give people more control over their money and assets, but only 9% say they’re very or extremely familiar with crypto, and just 5% have complete or a lot of trust in decentralized platforms. Among people open to trying DeFi, saving money and sending money in the U.S. topped the list of potential uses, rather than speculation. Crypto ownership is up 4 percentage points, but past year use stayed flat at 13%. My takeaway: Crypto still has a branding problem in 2026 and a long way to go to prove its value to everyday Americans.

“We need to respect the issuer in this whole token process.” Former New York Stock Exchange president @ThomasFarley on why issuers matter in tokenization and why he thinks tokenized U.S. equities may arrive sooner than expected.

Wall Street’s biggest crypto mistake? Trying to build private blockchains. Former BlackRock executive and @Sharplink CEO @joechalom calls the strategy a “complete failure” and predicts institutions will move to public, permissionless chains with built-in privacy.

🚨🗞️NEW: CFTC Turns to AI Trading as SEC Faces Pressure to Fill Clarity Act Gaps @Ripple & @coinbase are among the crypto firms pressing for clarity on token trading, investment contracts and more. Plus, AI takes center stage at the @CFTC this week.

🚨🗞️NEW: SEC's Tokenization Exemption Sparks Questions Over Which Blockchains Qualify Canton, Ethereum L2s and a big question for the SEC: What actually counts as public and permissionless? Plus, more companies object to having their shares tokenized.

Americans have trillions of dollars sitting in checking and savings accounts earning next to nothing. @Sharplink CEO @joechalom says AI agents could put that idle cash to work automatically, without consumers having to lift a finger.

“If the Mag Seven start tokenizing their stock, it is going to fundamentally transform markets. And I think it’s going to happen sooner than we think,” @joechalom says. The @Sharplink CEO argues the U.S. is still ahead in crypto, even without the Clarity Act. He points to the dollar’s dominance in stablecoins and what he sees as an “open door” to tokenizing U.S. stocks.

🚨NEW: The @SECGov says three firms have notified the agency of their intent to operate tokenized securities venues, or TSVs, under its new innovation exemption. 📌TSV LLC is owned by Ali Abrar and Ryan Trinkle, co-founders of Obsidian Systems. Trinkle also sits on the @CantonFdn board. TSV plans to operate on @CantonNetwork. 📌OKXICE is a joint venture between @okx and @ICE_Markets. It plans to operate on X Layer, OKX’s Ethereum Layer 2. 📌Kephas Corp. is @Perpetuals_com’s U.S. subsidiary, led by founder @PGruhnPDC, the former head of FTX Europe. Its venue plans to run on Kronos X Public, a public, permissionless Layer 2, using permissioned trading pools. The SEC says inclusion on the list doesn’t mean a firm has met the exemption’s conditions.

🚨UPDATE: @ABABankers isn’t happy with the @USOCC’s final GENIUS Act rule, saying it “will preserve the status quo for crypto platforms” after the regulator dropped its proposed restrictions on stablecoin yield. “Attempting to address deposit flight and economic harm after it has occurred is the wrong approach,” ABA CEO @BankersPrez says.

🚨NEW: From helping launch Bitcoin and Ethereum ETFs at BlackRock to leading SharpLink, @joechalom has had a front-row seat to crypto’s institutional shift. Now he’s betting that $ETH will be central to a financial system built around stablecoins, tokenized assets and onchain markets. He says that shift could be “almost revolutionary.” We also get into @SharpLink’s ETH treasury strategy, the regulatory outlook and how AI agents could change the way consumers manage money.