51 Insights - Weekly Briefing
Hey, it’s Marc & the 51 team. I don't think Washington has ever shipped this much crypto policy in a single week. Each one would normally be the headline. * The US Labor Department proposed allowing Bitcoin in 401(k) plans, opening digital assets to $7.7 trillion
51 Insights - Weekly Briefing
Hey, it’s Marc & the 51 team. Tuning in from DAS New York this week (which was much more institutional than last year). A few things that caught my eye: * A bipartisan Senate deal on stablecoin yields finally broke months of gridlock on the Clarity Act (banks won). * Both
51 Insights - Weekly Briefing
Hey, it’s Marc & the 51 team. The SEC did something this week that people will look back on. * They issued a 68-page joint interpretation on token classifications together with the CFTC, for the first time in 183 years of combined existence. * Chairman Atkins proposed a principles-based framework, replacing
51 Insights - Weekly Briefing
Hey, it’s Marc & the 51 team. NYSE picked OKX. Nasdaq picked Kraken. America's two largest stock exchanges are now both building tokenized equities through crypto-native settlement partners, and neither picked a bank. Also this week, the SEC and CFTC signed a historic MOU to coordinate on
51 Insights - Weekly Briefing
Hey, it’s Marc & the 51 team. The SEC submitted a proposal outlining how securities laws apply to crypto. This means: SEC won’t wait for Congress. And Washington is betting on private stablecoins and regulated crypto. [SEC] More on that below. Here are our highlights this week: * ICE
51 Insights - Weekly Briefing
Hey, it’s Marc & the 51 team. Welcome back to your weekly briefing. The US stablecoin regulation is maturing. The OCC just proposed new rules to put guardrails around stablecoins (digital money tied to the U.S. dollar), following the GENIUS Act that passed last year. The rules cover
51 Insights - Weekly Briefing
166: Apollo bought 9% of a DeFi protocol0:00/2001× Hey, it’s Marc & the 51 team. Welcome back to your weekly briefing. Here's where we are: * BTC is holding around $67K with the broader market steady near ~$2.3T. Polymarket odds for BTC reaching up $75K
51 Insights - Weekly Briefing
165: The dip is being bought0:00/2001× Hey, it’s Marc & the 51 team. After last week’s brutal sell-off that pushed BTC toward the low around $60k (2024 level), the market has finally staged a calm. Institutions are back in business buying the dip; * BitMine bought 40,
51 Insights - Weekly Briefing
164: Capital is repricing0:00/2001× Hey, it’s Marc & the 51 team. What a week, folks – and only in crypto. We have a packed newsletter for you today to untangle everything that happened. In case you missed it: Bitcoin crashed 30% in 7 days below $60K (is not
51 Insights - Weekly Briefing
163: The Canton moment0:00/2001× Hey, it’s Marc & the 51 team. While Blackrock took a quiet $100M stake in Canton, BitGo IPO’d at $2B and Tether launched its US stablecoin USAT, the biggest shift in crypto this week came from Capitol Hill: “Advancing this bill brings
51 Insights - Weekly Briefing
162: Davos just confirmed it0:00/2001× Hey, it’s Marc. Davos is usually where the establishment pats itself on the back. This year, they looked over their shoulder. Suddenly, crypto isn’t a “scam” , but national defense. And the bankers who spent a decade mocking it? They are panic-buying
51 Insights - Weekly Briefing
161: Washington stalled. Bitcoin didn’t.0:00/2001× Hey, it’s Marc. Big week for crypto regulation: The industry just shot itself in the foot. “We’d rather have no bill than a bad bill.” — Brian Armstrong, CEO and Co-founder of Coinbase Twenty-four hours before Congress was set to