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Adam Forsyth

CLARITY Act would weaken state fraud powers, James warns

New York Attorney General Letitia James has urged Congress to revise the CLARITY Act, warning that the crypto market structure bill could restrict states from prosecuting fraud and enforcing investor protection laws. Summary James said the bill could preempt state investor protection laws and weaken local enforcement. State and local authorities account for about 98.8%…

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Securitize gains SEC adviser status as SECZ falls 10%

Securitize expanded its regulated US platform after its capital subsidiary registered with the SEC, while SECZ shares fell nearly 10% on Monday. Summary Securitize Capital’s SEC investment adviser registration became effective July 22, federal records show. The registration adds disclosure, compliance, recordkeeping and examination requirements under US securities law. Securitize manages more than $5 billion…

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Circle’s IBM Patent Deal Brings Nearly 1,000 Blockchain Patents

Circle said its expanded blockchain patent portfolio will strengthen infrastructure supporting USDC, Circle Payments Network, Arc, and agentic financial tools. USDC issuer Circle Internet Group has acquired assets from IBM’s blockchain patent portfolio in a bid to expand its intellectual property holdings. The portfolio includes more than 680 patent families and nearly 1,000 issued…

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