In a delightful twist of fate, SolanaFloor recently shared on X that the regulatory body is now believed to have a 76% chance of giving a thumbs-up to the S-1 applications before it by the end of July. The rising tide of approval odds seems to reflect a burgeoning confidence among investors, who are perhaps dreaming of a future where their digital assets are as stable as a well-brewed cup of tea.
Now, the industry and the Democrats have their reasons to cozy up to each other. But don’t get too comfortable—Trump’s crypto scandal could totally ruin this party, like a bad first date.
According to the whispers carried by Reuters, Paul Grewal declared with all the gravitas of a lawyer at a wedding that “tokenized equities” are now the North Star for Coinbase. Apparently, you won’t even have to buy shares directly anymore, just buy their tokenized shadows—like buying a loaf of bread and getting only the aroma.
So, Michael Saylor was a bit worried about the future of fiat currency. You know, just a casual concern about the money we all use to buy avocado toast. 🥑💸
Our friends at Paradigm, the crypto investment firm with a penchant for legal theatrics, have formally entered the fray. They’re expressing their deep concern that the prosecution’s stance could lead to consequences so severe that even the most hardened software developers might consider a career in interpretive dance instead. 💃