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Tether's Ualá Equity Play, Galaxy DeFi Vaults & CLARITY Act Odds
Audio is available on Spreaker — see link below.
Tether takes a strategic equity stake in Latin America's Ualá neobank as institutional DeFi goes live with Galaxy Curator and Hyperion funds on-chain derivatives infrastructure. Plus: the CLARITY Act field hearing, Paradigm vs. GENIUS Act rules, and MiCA hits 294 licensed providers.
Audio is available on Spreaker — see link below.
Tether just put twenty million dollars into an Argentine neobank, and that move tells you more about where serious crypto capital is heading than almost anything else this week. The investment is part of a one hundred ninety-seven million dollar funding round in Ualá, led by Allianz X.
The other story shaping this week is what's happening to idle institutional capital. Galaxy Digital launched a product called Galaxy Curator, designed to give institutions a structured way to deploy stablecoins into curated on-chain yield strategies through the Morpho DeFi platform.
On a parallel track, Nasdaq-listed Hyperion DeFi deployed five hundred thousand HYPE tokens to Skew Technologies to build institutional perpetual futures infrastructure on the Hyperliquid blockchain. A publicly listed company directly funding decentralized derivatives buildout is still a relatively unusual combination.
In Washington, the U.S. House Financial Services Committee held a field hearing in New York on July seventeenth focused on the Digital Asset Market Clarity Act. The CLARITY Act would split crypto regulatory jurisdiction between the CFTC and the SEC, with commodities going one way, securities the other.
The stablecoin side of U.S. regulation has its own friction point. Crypto firm Paradigm filed a formal comment urging the NCUA to revise its proposed GENIUS Act implementation rules.
Europe's regulatory picture is further along. The European Securities and Markets Authority added fourteen new crypto-asset service providers to the MiCA register this week, bringing the total to two hundred ninety-four licensed firms.
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