Malik Rhodes

US-Canada Trade Talks Break Down as Trump Revives the $60 Billion Grievance
Negotiations between Washington and Ottawa have stalled, with the president pledging 'no more' on Truth Social — and markets, for now, refusing to price it.

CLARITY's September Test: What Passage Would Actually Settle — and What It Wouldn't
The market-structure bill is treated as crypto's finish line. It's closer to a starting gun for three years of rulemaking.

Senate Opens First Stage of CLARITY Act Voting After Marathon Overnight Session
The motion to proceed on crypto's market-structure bill was filed in the early hours of Saturday — too late for a vote before recess, early enough to keep September alive.

Senate Won't Vote on CLARITY Before Its Summer Break — September 15 Becomes the Date That Matters
Leadership confirmed the market-structure bill slips past the recess, with reconciliation against the Agriculture Committee's text still unfinished.

Oil Eases From Its Highs as Saudi Arabia Proposes a Naval Coalition for the Gulf
Brent settled near $89 after Riyadh floated collective protection for shipping — the first de-escalatory headline in a month of tanker attacks.

Fannie Mae Will Begin Accepting Crypto as Collateral for Conventional Mortgages
The housing giant's move drags digital assets into the most consequential consumer credit market in America — qualification math included.

US Reimposes Iranian Port Blockade; Oil Posts Its Biggest Day in Six Years
Brent surged 9.6% to $83.30 after Washington's blockade announcement and Iranian strikes on two tankers in the Strait of Hormuz.

Five Federal Agencies Propose Customer ID Rules for Stablecoin Issuers Under the GENIUS Act
FinCEN, the OCC, the Fed, the FDIC, and the NCUA jointly published the CIP proposal, with comments due August 21 — the first hard plumbing of the stablecoin law.

The SEC's New Strategic Plan Puts Crypto at the Center of Its 2026-2030 Agenda
A draft plan published June 2, plus a regulatory agenda targeting digital-asset rules for exchanges and broker-dealers, sketch a commission building lanes instead of lawsuits.

SEC Approves First Tokenized Treasury STO Under New Registered Offerings Framework
BlackRock's BUIDL-II becomes the first security token to clear the SEC's streamlined registered offering pathway. The document runs 312 pages. The press release runs four lines.

Tokenized Real Estate Platform Propolis Closes $78M Series B Led by a16z
The New York-based startup has quietly built the regulatory scaffolding to fractionalize commercial real estate at scale. The new round is aimed at distribution, not engineering.

Franklin Templeton Migrates $1.2B Tokenized Money Market Fund to Avalanche Subnet
The BENJI share class will settle on a permissioned Avalanche subnet beginning May 1. Franklin says the move cuts operational costs by an estimated 38 basis points annually.

WisdomTree's WTIP Approval Stalls Over Disclosure Dispute With SEC Staff
A filing expected this week has been pushed back as the SEC's Division of Corporation Finance requests additional language on smart-contract upgrade risks. The firm remains publicly confident.

Helios 'Community ICO' Structure Draws Regulatory Interest as Token Sells Off
The project's airdrop-to-the-highest-contributors model converted $78M of unpaid labor into tokens that promptly lost 70% of their value. The SEC has questions.

Texas Issues First U.S. Tokenized Municipal Bond in $140M Transportation Deal
The Lone Star State's transportation commission sold a tokenized general obligation bond on Ethereum on Wednesday. The pilot was structured under the state's 2024 digital asset framework.