Crypto World
SEC to Unveil Alternative Crypto Plans to the CLARITY Act
The US Securities and Exchange Commission (SEC) votes Friday, August 14, on proposing Regulation Crypto. The purpose-built offering regime would mark the agency’s first major crypto rulemaking under Chair Paul Atkins.
The Senate left for its August recess without passing the CLARITY Act. That bill would divide digital asset oversight between the SEC and the Commodity Futures Trading Commission (CFTC).
SEC Crypto Plans Take Shape Before Friday Vote
Congressional inaction hands regulators the near-term initiative. Official notices confirm the open meeting for 10 a.m. ET at the agency’s Washington headquarters, with a live webcast. The agenda lists a single item from the Division of Corporation Finance.
Commissioners will decide whether to propose rules that give token offerings a dedicated legal path. Qualifying projects could raise capital under exemptions instead of completing full securities registration. The vote covers a proposing release only, so the text remains under wraps until Friday.
The proposal grew out of Project Crypto, the regulatory package Atkins placed on the SEC’s 2026 agenda. Its planks include registration exemptions for token sales, safe harbors for decentralizing projects, and custody standards for broker-dealers.
Atkins told CNBC in late July that the agency stands ready to act alone, even though he still prefers legislation.
“Statute is the way to future-proof something,” Atkins said in the interview.
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Senate Recess Leaves Regulators in the Lead
Democrats blocked floor action over an ethics carve-out tied to President Trump’s crypto holdings, according to American Banker. Republicans Josh Hawley and Jerry Moran also objected to the bill’s stablecoin yield language, siding with community banks.
Senate Majority Leader John Thune says the measure will move first when lawmakers return, teeing up a possible September vote. However, the bill still needs 60 votes, and Thune’s cloture strategy depends on Democratic support that has yet to materialize.
Meanwhile, some analysts argue the industry can advance without the bill. Grayscale research head Zach Pandl said passage looks unlikely in 2026 either way.
CFTC Signals the Same Playbook
The SEC is not acting in isolation. CFTC Chair Michael Selig issued a parallel warning in a July Fox Business interview. Regulators would end up writing all the crypto rules if Congress fails to deliver, he cautioned. He still urged senators to pass the bill, calling federal certainty critical for business.
Both agencies already coordinate closely. Their March joint interpretive rule classified most tokens outside securities law and carved out staking, mining, and airdrops.
Still, Atkins concedes that agency action lacks permanence. A future administration could reverse rules that Congress never wrote into statute. That caveat also applies to the March guidance itself.
A yes vote on Friday would open a public comment period, not finalize anything. The proposal’s exemption thresholds and eligibility tests will reveal how far the SEC intends to go without Congress. September’s Senate return will then show whether lawmakers reclaim the pen.
The post SEC to Unveil Alternative Crypto Plans to the CLARITY Act appeared first on BeInCrypto.
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CT3 is preparing for the CT3GB token listing by expanding storage infrastructure, building reserves, upgrading smart contracts, and planning an independent audit.
Summary
- CT3 is expanding storage capacity and reserves before launching its CT3GB token on public markets.
- CT3GB will support storage payments, infrastructure settlements, rewards, and other internal transactions across the ecosystem.
- An independent smart contract audit will review security, business logic, and industry standards before launch.
CT3 has started comprehensive preparations for the future CT3GB token listing as it expands the CT3 Cloud ecosystem. The company is scaling data storage infrastructure, building financial and infrastructure reserves, and preparing CT3GB to become its primary settlement asset. It is also moving to a new smart contract architecture and plans an independent audit before the token reaches the public market. CT3 says these steps are intended to support further platform growth and prepare its tokenized economy before the listing.
CT3GB token listing preparations expand
Over recent months, CT3 has expanded the capabilities of its platform, according to the CT3 official website. One key milestone was the introduction of automatic backup technology. CT3 said demand for data storage services rose after that feature was implemented, while growing data volumes showed the platform could support continuous storage use cases.
The company said the next stage requires both technical and economic preparation. CT3 is expanding its storage network, adding available computing capacity, and building reserves intended to support further scaling. The Storage Contracts program forms part of that effort. CT3 views the program as a way to increase network capacity while maintaining commercial use and creating a resource buffer for future growth.
CT3GB to become primary settlement asset
Most internal CT3 operations currently use Polygon infrastructure. After CT3GB launches, the company plans to move major financial processes within the platform to its own token. CT3GB is expected to handle payments for storage services, settlements with infrastructure owners, reward distribution, and other internal transactions.
The token is designed to connect users, storage infrastructure, and services across the CT3 Cloud ecosystem. CT3 plans to use CT3GB as the primary settlement asset for internal operations. The company presents this utility as a central part of its tokenized economy, rather than positioning the token only as another payment option.
New smart contract architecture takes shape
CT3 is also changing the structure of its storage technology. The company is segmenting storage infrastructure into separate specialized smart contracts. Different products will gradually receive their own contracts, with independent limits for capacity and separate resource accounting.
According to CT3, this structure should make scaling more efficient and improve visibility into infrastructure use. It is also intended to give the company more flexibility when developing new services. Separate contracts could allow new products to grow without changing services that are already operating within the platform.
Independent audit planned before public launch
Before CT3GB enters the public market, CT3 plans to complete an independent audit of the core smart contract infrastructure. The review will cover the contracts supporting the token and key platform services. It will examine contract security, business logic, and alignment with industry standards.
CT3 considers the audit a required part of preparing its economy for public launch. The company says the review can support trust among users, partners, and cryptocurrency exchanges. Together with storage expansion, reserve building, and the new contract structure, the audit forms part of a broader plan to launch CT3GB within an ecosystem prepared for continued growth.
CT3 describes itself as a company focused on decentralized data storage. Its platform combines a distributed storage network, NFT-based access keys, automatic backup tools, and scalable smart contract architecture for individual and corporate users seeking long-term storage and digital information protection.
The company’s solutions are designed for individuals and corporate users, with services focused on secure long-term storage, backup, and protection of digital information across its decentralized infrastructure network.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
McDonald described the decision-making process around such operations as a joint effort among the Secret Service, the White House Military Office and White House staff, with “no one entity” holding more authority than the others.
The Department of Defense has referred questions from TIME to the White House. TIME has reached out to the White House for comment.
McDonald pushed back on the idea that Air Force One and the people still aboard it, including journalists, were left exposed. “I would find it incredibly hard to believe that those two planes weren’t escorted or with other assets from allies or the U.S. Air Force in the area,” he said, adding that he doubted the people on the aircraft “were dangled out there and left to fend for themselves.”
The operation broke a White House tradition that presidents rarely travel without a group of reporters known as the White House pool, to ensure the public has an independent account of the president’s activities. Former President Barack Obama broke the tradition in 2010 by leaving the White House to attend his daughter’s soccer game without telling reporters.
In 2000, President Bill Clinton secretly switched to an unmarked plane for a trip to Pakistan. At least one member of the White House pool, a reporter covering the trip for USA Today, was briefed on the operation beforehand, according to The Washington Post.
MoneyGram’s Ramps service now connects Solana wallets and applications to its global cash network, with Rift becoming the first wallet to integrate the service.
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