Crypto News:

• Elizabeth Warren pushes back on Clarity Act draft bill.
• JPMorgan launching second tokenized money market fund on Ethereum.
• Bermuda begins moving national payment and financial services onchain via the Stellar network
• DTCC to use Chainlink to power 24/7 collateral management network
• Privacy emerges as crypto’s next ‘killer app,’ with Arc, Canton and Tempo topping $1 billion in funding
• Kraken parent, Franklin Templeton to develop onchain investment products
• Stablecoin yield infrastructure project raises $13.5M in round led by Sky Ecosystem
• Elliptic raises $120 million backed by Nasdaq, Deutsche Bank as AI reshapes crypto security

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