Four Republican senators, led by Banking Committee Chairman Tim Scott, introduced a 35-page draft bill to establish a regulatory framework for digital assets. The proposal defines ‘ancillary assets’ to exclude certain cryptocurrencies from SEC securities rules and directs the SEC and CFTC to coordinate oversight. Mirroring provisions of the House-passed CLARITY Act, the bill aims to provide regulatory clarity while fostering U.S. leadership in fintech. However, its Senate prospects remain uncertain amid Democratic concerns over consumer protections. Stakeholders are invited to submit feedback on the draft, which includes enhanced disclosure rules and anti-illegal finance measures.
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0 in Finance and 0 in Crypto last weekNader Dabit: From AWS to Web3 & Modular Blockchain
Nader Dabit transitioned from a successful career at AWS to becoming a leading voice in Web3, focusing on modular blockchain via Celestia and fostering developer communities through DeveloperDAO. His journey began with curiosity-driven coding, leading to roles at The Graph and later Celestia, where he championed modular blockchain’s flexibility. Now involved with Aave and Lens Protocol, Dabit simplifies complex Web3 concepts through educational content, emphasizing practical learning and community-driven development. His influence extends beyond technical contributions, shaping how developers engage with decentralized technologies.
about Nader Dabit: From AWS to Web3 & Modular BlockchainAvail Stack Targets $300B Blockchain Market with Scalable Tech
Avail has launched its full-stack blockchain infrastructure solution, the Avail Stack, aiming to capture a projected $306 billion market by 2030. The stack includes Avail DA for scalable data availability, Avail Nexus for seamless cross-chain connectivity, and Avail Fusion for pooled security. Backed by $75 million in funding and led by ex-Polygon founders, Avail is powering major Web3 projects like Lens Protocol and Sophon. The platform addresses key industry pain points like fragmented liquidity and complex cross-chain processes, reducing user friction with intuitive in-app experiences. With 50+ partnerships in the pipeline, Avail is positioning itself as a foundational layer for the future of interoperable blockchain ecosystems.
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