Coinbase CEO Brian Armstrong said the crypto industry will gain regulatory clarity around the U.S. Senate’s September 15 vote on the Clarity Act, whether the bill passes or the SEC and CFTC issue rules under existing authority. The bill would divide token oversight between the SEC and CFTC and establish federal rules for exchanges, brokers and stablecoins. WalletConnect said major markets are moving from debating whether to regulate crypto toward implementing frameworks, although cross-border rules remain fragmented and DeFi is still the largest unresolved area. Other developments included rising demand for tokenized assets, stablecoin supply holding near $290 billion despite a broad crypto downturn, Block’s application for a national trust bank focused on Bitcoin and stablecoin custody, new institutional access to SGX Bitcoin and Ether perpetual contracts, and continued debate over stablecoin safeguards and event-contract jurisdiction. Bitcoin has rallied 23% over 21 trading days but faces resistance at $83,000 to $86,000, while Ethereum spot ETFs recorded $34.7535 million of net inflows on September 9.