The crypto space is moving forward rapidly, and some of the biggest names in finance are getting involved. You need look no further than JP Morgan, Bank of America, and Citibank, who are putting aside any reservations about the Clarity Act to back up their words with action.<\/p>\n
There is still some question as to how the regulatory landscape will develop, but that has not stopped these institutions from making their mark. In a recent move, the three banks have come together to form a tokenized deposit network via The Clearing House, with an eye toward a 2027 debut. It is a clear statement of intent: they want to use blockchain to make payments and settlements more efficient, and they see digital assets as a permanent part of the equation.<\/p>\n
Visa and MasterCard are doing something similar with OpenUSD, a global stablecoin project they have launched with the support of more than 140 firms, from Coinbase to BlackRock. All in all, it is hard to miss the fact that the heavyweights of the industry are making a substantial play for the future of crypto, even if the law is lagging behind.<\/p>\n
The numbers in the latest report show that with $189 million on the table for the 2026 midterms, the crypto world has become the top corporate political donor of this cycle. It is a clear sign of how much the industry wants: to have some say in what regulations are coming and to get answers from those in power.<\/p>\n
On the other side, you have the National Fraternal Order of Police putting their weight behind the new Clarity Act, which suggests the changes made to it have put past issues with law enforcement to rest. But there is still some question as to when the Act will actually be made into law; the Senate has yet to move on cloture, as we discussed on the last Crypto Capital Venture. In the meantime, work is being done. The DTCC, for instance, is already processing live trades in tokenized securities as of this month.<\/p>\n
With the crypto side of its business now up and running, Morgan Stanley is offering spot trading on Bitcoin, Ethereum, and Solana at a 50 bps rate. Charles Schwab is not far behind; it intends to compete with the likes of Coinbase by making spot Bitcoin and Ethereum available to clients in the first half of the year.<\/p>\n
It is a shift in attitude for some. According to Crypto Capital Venture, there are firms that were once hard-nosed about crypto and are now rethinking their position. Take Vanguard: after turning away from Bitcoin ETFs in 2024, it has posted a job opening for a head of digital assets for the first time. And then there is BlackRock\u2019s Larry Fink, who has been on record saying we are only at the start of tokenizing every kind of asset. Wall Street, in other words, is looking at the long view on what blockchain can do.<\/p>\n
Source \u2014 Crypto Capital Venture: https:\/\/www.youtube.com\/watch?v=HlRZIBxd7rU<\/a><\/em><\/p>\n <\/p>\n Explore how growing crypto infrastructure supports opportunities like funded accounts through crypto prop firms. crypto prop firm opportunities<\/a>.<\/p>\n <\/p>\n