Weekly Recap

1) SEC approves Nasdaq rule to allow tokenized stocks & securities trading.

2) Senators reach deal with White House to resolve crypto stablecoin yield dispute with banks.

3) SEC and CFTC issue joint guidance confirming "most crypto assets" are not securities.

4) PayPal officially enables stablecoin access in 70 countries.

5) SEC Chair Paul Atkins says "crypto markets and the millions of Americans who participate in them deserve long-overdue clarity."

6) CFTC Chair Mike Selig says crypto will power the "new frontier of finance" as markets "move on chain."

7) SEC Chair Paul Atkins says he's eliminating impractical rules to "advance, clarify, and transform" financial markets.

8) US national debt reaches new all-time high of $39 trillion.

9) Elon Musk's xAI recruiting Wall Street bankers, portfolio managers, and traders to train Grok on financial modeling.

10) Fed Chair Jerome Powell warns rising energy prices from US-Israeli war with Iran will drive inflation higher.