SEC APPROVES NASDAQ'S BIG TOKENIZATION PLANS & CLARITY ACT MAKES PROGRESS! - podcast episode cover

SEC APPROVES NASDAQ'S BIG TOKENIZATION PLANS & CLARITY ACT MAKES PROGRESS!

Mar 19, 202620 min
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Episode description

Crypto News: SEC approves Nasdaq's move to support tokenized securities trading. S&P Dow Jones Indices licenses its flagship index for crypto trading on Hyperliquid. Senator Tim Scott says crypto market structure negotiations are advancing.
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⏰ Time Stamps ⏰
00:00 Intro 
00:26 SEC Nasdaq tokenization 
03:18 S&P500 Global Hyperliquid
05:32 Clarity Act news 
09:49 Polymarket blockchain aquisition 
11:43 American Bitcoin BTC holdings 
13:15 Stripe Blockchain Tempo AI Agents 
14:54 Kraken pauses IPO bear market 
================================================== 
#Crypto #Nasdaq #Tokenization #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= 
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Transcript

Intro

Speaker 1

Hey everybody, Welcome into the Thinking Crypto Podcasts. You're home for cryptocurrency news and interviews. I'm your host, Tony Edward. On your way in. Please hit that subscribe button as well as a thumbsup button and leave a comment below. If you're listening on a podcast platform such as Spotify or Apple or wherever you get your podcasts, be sure to follow and leave a five star rating. Well, folks,

SEC Nasdaq tokenization

today we got more big news from the SEC. Yesterday, the SEC released guidance on what's the security and what's not as it relates to crypto assets and digital assets. Well, today the SEC approved the nasdaq's move to support token ised securities trading. This is huge. The NASAK is the second largest exchange in the world. The New York Stock Exchange is the first, of course, and we know they are all moving to twenty four to seven three sixty

five trading because of the blockchain technology. It's as Larry Fink, CEO black Rock set a few years ago, tonzation is the future of finance, and as I've been telling you guys, the future capital markets, economies, and governments will all run in blockchain rails. So this is very big because having the regulatory agency, the sec which we know is the powerhouse when it comes to regulations of markets and much more,

giving you the stamp of approval. It's significant. So we're going to see all the banged stock exchanges and much more get on board. So the Securities and Exchange Commission approve nasdaq's plan to let certain securities trade in tokenized form, integrating blockchain technology into US equity markets. Under the new framework, eligible NASDAQ participants can opt to settle trades as blockchain based tokens that trade alongside traditional shares with the same tickers, prices,

and investor rights. Tokenization of stocks have emerged as a fast growing sector, captivating major exchanges such as NASDAC and in You York Stock Exchange. So, folks, eventually, eventually, as companies go public, there won't be a separation. It won't be tokenized assets and the traditional versions. They will all be on the blockchain. But we're not there yet, right.

The infrastructure has to be built out. They have to figure out how all of this is going to work, as well as with the counterparties and all the moving parts and components, and the pipeline needs to be updated. So you can't just do this overnight and then eliminate the traditional versions. Right. Also, the consumers need to be educated. Why should they invest in the tokenized versions, right? They need to understand what's happening, why they can trade it

twenty four to seven, what are the benefits. So there's education and building that needs to be done. But do you see where we're at. We are in the early innings, and eventually this will all be set up where I've been telling you guys for years, there will be no more opening and closing bell, right, that will be a thing of the past. Markets were run twenty four to seven,

be tokenized, be fractionalized. As a result, they are able to be accessible in different parts of the world, bringing moral liquidity, and you can put some of these assets to work in the tokenized version via DeFi and much much more. So. This is really really great and great to see the agency, the SEC is giving these approvals and they're not waiting for the CLARITIAC, but they've got the mandate from the Trump administration as well as members

of Congress. And we're going to talk about the CLARITIAC just a little bit later. But another example of how

S&P500 Global Hyperliquid

things are changing guys. Traders can now bet on the SMP five hundred around the clock without ever touching a traditional stock exchange. Because the SMP Dow Jones Indices licenses it's flagship index for crypto trading on hyper liquid, as perpetual features gain traction beyond traditional markets, this is a

significant update as well. So here are the details. The SMP Dow Jones Indices has licensed the SMP five hundred to trade Xyz that's the name of the firm, to launch the first officially approved SMP five hundred perpetual futures contract on the hyper liquid blockchain. The new product lets eligible non US investors trade leveraged on chain SMP five hundred exposure around the clock using real time index data, even when the traditional stock markets are closed. So here's

a great example of where we're headed. So the launch underscores the SMPS push to expand its benchmarks into digital markets and has coincided with rising trading volumes and gains in hyper Liquid's hype token. Now I don't hold the hype token, it has performed well since launching. I'm sure some of you may hold it, but if you do, you know, let me know. In the comment section. But guys, I hope you see the direction to Puck is heading in and why you have to be patient and have

to macro view. You know, you got to look at the S curve adoption and if you look at a great comparison will be mobile phones and as well as the Internet. It takes time, right, you got to build the infrastructure out. When it came to the Internet, it was first dial up, and that was so clunky and so much friction, and you know, computers were not the fastest back then, right, you had the big boxes and towers in your homes, and now it's a much faster,

better experience. Same thing with mobile phones. You have the big, clunky bricks from the late eighties into early nineties, and you had the flip phones and it was not what it was now. And eventually we got to smartphones and a better user experience, apps and much more. We are like in the dial up days of the Internet and maybe the flip phone phase of the mobile phone error. You know, maybe I might be off there, but I hope you guys get the gist of what I'm trying

to say. Okay, one of the big factors that's going

Clarity Act news

to allow for more adoption is of course, the CLARITIAC. Now, the CLARITIAC has been facing a lot of hurdles because the banks don't want you to earn stable coin rewards or yield because they want to continue getting their big fat bonuses, and they don't want to give you higher interest rates, nor do they want to give you staple coin rewards. They want to keep the majority of the money they've been earning as they park their cash at

the Fed. But stable coin rewards are just that. Well, we've been waiting for some sort of compromise between the banks and the crypto industry, and you know, we're waiting for this market structure bill to make it out of the Senate so it can be signed by President Trump. And if we don't get that sooner than later, it's going to be a problem because this is a mid term election year, and the closer we get to that,

it's going to get messy. Nothing's going to get done. Right. Well, we got to report here that White House senior official Patrick Witt, who I interviewed just late last year, says they're on the cusp of delivering a durable compromise on the yield issue that pitted banks against crypto firms in moving to a vote on clarity market structure legislation, So sounds like things are starting to move here. We also got an update from Senator Tim Scott who says that

the market structure negotiations are advancing. So he says, I believe that this week we will have the first proposal in my hands to take a look. So we got to get this done. I hope that by the end of March they have the compromise in place so that the markup can happen in April, so they have to mark up the bill and then they have to vote on it. So maybe April all of April they mark up this bill and then come May they vote on it and it passes. That would be the ideal snare,

but you know, it's usually not that simple. The sausage making process in DC is it's not an easy thing to stomach, and you know, my hope is that it can be that easy, but we're gonna have to weigh and z. You know, there are also the banks are

also fighting back on certain DeFi aspects. A plus you have the ethics aspect right, which is why I've been so annoyed by President Trump and his family to like cool it down with the crypto stuff, because the Democrats are going to use that to try to block you know, Elizabeth Warren and Maxine Waters, they're ready, they've been taking notes. Oh you're mean coin. Oh we're liberty financial. Right. So this is why I've been saying, look, wait till the

claritiac pass it, and you want to do your stuff with crypto. Sure, I don't have a problem with that, especially if it's more on the family side, kids versus the president having a mean coin, right, But I digress. I think you guys understand what I'm saying. So let's see. Let's see, folks. I'm still optimistic, but there's been a lot of delays

and the banks are fighting hard. But great to hear that there's some draft of a negotiation on the stable coin yield situation coming up, and of course everybody's chomping of the bit to see what the details are, so stay tuned on that, folks. This episode is brought to you by Treasure, which makes self custody of your crypto assets easy. Treasure makes beautiful hardware devices. They are great

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Polymarket blockchain aquisition

some prediction market news here. So poly Market, which is the leading prediction market platform, acquires bram if I'm saying that right, BRHM eight to scale blockchain trading infrastructure. So we know these platforms are very disruptive and in fact, the crypto industry is facing a lot of battles some incumbents. You got the banks fighting Stable, con Yale and DeFi, And on the polymarket side or a prediction market side, you have the gaming casinos and these folks who are fighting, right,

So it's the incumbents. But this is not unlike anything we've seen in the past. It happens in every industry. Just an example would be the taxi commissions fighting Uber, right. But here are the details. Polymarket has acquired financial infrastructure firm Brahma, bringing its team and real time execution and settlement technology into the prediction markets platform. The acquisition is intended to help polymarket scale its infrastructure and product suite

as it grows. Brama, which has processed more than one billion dollars in transaction volume, will phase out all existing products within thirty days, and has introduced users and has instructed users to migrate their funds and positions. Now I haven't used polymarketer Calshi. This is not for me. But look, there are people out there who want to, you know, do their thing and bets and all types of different things.

Maybe one day I will, but right now I would rather put my money towards certain blockchains and tokens and you know, make my money that way. But to each his own. Here's a quote. Building reliable infrastructure across blockchain networks and traditional financial rails is hard. There are no shortcuts, said Shane Copeland, Polymarket CEO and founders. So this is kind of why they did the acquisitions. So really great stuff, folks, really really awesome. Okay, moving ahead, and this is related

American Bitcoin BTC holdings

to Trump's kids with American bitcoins. So Eric Trump, many of you know, heads up American Bitcoin, which is becoming one of the largest bitcoin minors. So they have climbed to become the sixteenth largest bigcoin hole there with six and ninety nine btc, and they've surpassed Mike Novograss's Galaxy Digital. So this is one of the things I look at. You know why, I'm still very bullish. I don't think Trump's kids would be involved in crypto if they didn't

see the opportunity to make money. Right right now, they're down, They're operating a loss because they're mining and they're buying and holding bitcoin under a balance sheet. But the market's down, Bitcoin's down, right, We were in the bear market. But I think they know what's coming. Legislation's going to pass, We're going to be out of this bear market, and

Big One's going to rally to new hiights. Guys, it's all cyclical, right when you put aside the narratives and you just look at the charts and the fundamentals and the macro, it's all cyclical, right. So this is one of the things I look at, just one. Now, I'm not saying it's the main reason that I'm looking at. These guys know what's coming. The Trump administration knows what's coming. Trump knows what's coming, right. He wants to make the

US the crypto capital of the world. I just wish you wouldn't do his mean coin crap, right, But I don't think they're betting on this to lose money. They are about making money. One thing's for sure, right, Trump loves to make money and so does his family. So this is a very good sign that they're doing all this and they continue to double down where we're Liberty as well as American Bitcoin and much more. Okay, Moving ahead,

Stripe Blockchain Tempo AI Agents

Stripe led payments blockchain Tempo goes live with protocol for AI agents. We're seeing a ton of development around AI agents, which are gonna be a big part of the economy, and we've talked a lot about it. Guys, they're gonna use blockchain tech, right, They're gonna use stable coins or payments and to do us atomic settlements and much more so. Tempo, a payment's focused blockchain backed by Stripe and Paradigm, has launched its maintenance, bringing its stable coin payment system out

of testing and into live use. The network is designed to handle high volumes of low cost stable coin transactions and now includes a machine payments protocol that lets software and AI agents pay for service atonomously. The debut comes amid a broader push by payments giant like MasterCard and Stripe to integrate stable coins and blockchain rails into cross border and everyday financial infrastructure. Guys. Man, I hope some of it's resonating as to what the hell is being

built here? And look at when it's being built. There's a common saying that building happens in the bear market because there's no distraction with price and much more. And I can't wait as we get back into the bull market and all these things, a lot of the building and the testing and proof of concept all go into production, right, and things going live used by Tradify and real world

institutions and companies. And then you know many consumers and users using these things that they don't even know it's running behind the rails, right. So this is where you have to do your research and keep up with everything. Okay, final news item Crypto exchange Kraken freezes multi billion dollar

Kraken pauses IPO bear market

IPO plan due to difficult market conditions. You know, I was wondering was cracking is still going to do it? You know, still do the IPO, especially that we are in a bear market. And here's an example of you know, a saying I've been telling you guys for a while is that no one goes public in a bear market. It's not a good thing to do that because there's less liquidity, right, and investors are going to be tight

with their money. So it's it's a further confirmation where we are in a bear market, and you know, I'm sure they're going to wait for better market conditions. Maybe later this year. If the crypto market starts recovering as we head into twenty twenty seven, maybe they want to time it with the Clarityact passing and so forth. We shall see. You know, could this bear market be kind of short lived? You know, I think so, and I could be wrong, but I was tweeting about it the

other day. We had a lackluster bull market. We did not have a parabolic move, not even for bitcoin, right. Bitcoin kind of haphazardly when to one twenty six and then dumped. It wasn't It was no retail euphoria. It was not like the previous bullmark as we've seen. So it even touched certain Fibonacci levels. Guys that we've been tracking for years that it had hit some of these Fibonacci levels in the previous bull market. It didn't do

that this time around. So if that is the situation on the upside, I can imagine the downside not being as bad. Especially you're not having collapses like FTX and all these things that are going to drive incredible cell pressure and fear. Right, So, yes, there are macro factors like the war and so forth, but still Crypto for the most part, is more mature. They're more ETF holders, and it's not you know, like your average Joe and Jane who are panic selling. It's black rock and Fidelity.

They're still holding tons and tons of Bitcoin and E than others. So it's very different this time around. So that's why I don't think the downside's going to be as bad now. I could be wrong. They could be black swan events there ahead, right, But I think logically here with a limited upside, I don't think there's gonna be as much of a downside here, And I think the majority of the downside move who've seen so far for this bear market is completed. Can it wig down?

You know, another bigcoin, another five K, ten k, whatever, Sure, you know, But the point is we're not dropping to like fifteen k or twenty k that some people are saying, right, oh it's over. Bitcoint going to thirty k and all kinds of stuff I don't think that's happening. The lackluster

upside does not warrant that deep bloody bear market. So patience is the key, my friends, and we will we will recover and you know, maybe this rally that we're seeing, I know there's a slight pullback today, you know, continues a little higher and maybe we get a higher low

and it doesn't go down to a new low. You know, we'll see and it builds from that going later into the year, because you know, you can imagine if the market Structure bill passes later this year, you know there's going to be a bide room or sell the news event around it, right like we saw with the ETF launch and other things. This is how the market works. This is how market makers operate. So we shall see, we shall see. Lots to think about and pay attention to,

but patience and having the emotional control is important. Folks. That's the news. Let me know what you think. Leave your thoughts and comments below, hit the thumbs up button subscribe if you haven't as yet, be sure to support the podcast by subscribing to my free email news that are on Substack. It's one hundred percent free. Link will be in a description. Grab a copy of my book on Amazon. It's available in paperback, in digital, and check

out my course at Mycrypto course dot com. This is a comprehensive course that teaches you everything you need to know about crypto and blockchain technology. Knowledge is power, and folks, we got a big discount going on. Use the code bear at checkout b E A R to get fifty percent off the course. It's a one time fee. You get lifetime access, you know, go to your own pace share to log in with your friends and family if you want. And it's packed with tons of value and

you're going to hear from experts. So I interviewed a lot of folks and I ask them specific questions which have not been published, by the way publicly, I should say, they're published within the course. So again you're gonna hear from experts and they're gonna break it down different aspects of crypto to you. So all the links will be in the description. Folks, thank you so much for tuning in. I appreciate you all, and I'll talk to you all later.

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