The Senate failed to invoke cloture on the motion to proceed to the Digital Asset Market Clarity Act, the market structure bill that would regulate crypto and other digital assets.

The Federal Reserve Board, the FDIC, and the OCC issued a joint statement clarifying how they conduct risk-based supervision of community banking organizations' relationships with core service providers.

The SEC acknowledged receipt of notices from Coinbase Derivatives, LLC, and KalshiEX LLC registering each as a national securities exchange limited to trading security futures products.

Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis, Senate Agriculture Chair John Boozman, and Senate Banking Chair Tim Scott released a revised draft of the Digital Asset Market Clarity Act ahead of an upcoming floor vote.

The OCC, the FDIC, the Federal Reserve Board, and the National Credit Union Administration proposed guidance to help banking organizations tailor their oversight of third-party relationships to the reasonably assessed risk level of each relationship.