In today's AltCrunch daily recap, Mackenzie covers the historic shift in U.S. crypto regulation with SEC Chair Paul Atkins unveiling the comprehensive "Project Crypto" plan to modernize securities rules and bring American financial markets on-chain. We explore Citigroup's strategic entry into stablecoin custody services joining the institutional wave, Coinbase's game-changing $2.9 billion acquisition of derivatives exchange Deribit, and Hong Kong's new custody requirements strengthening its position as Asia's digital asset hub. Plus, analysis of how clear regulatory frameworks could unlock trillions in institutional capital, the growing stablecoin services race among traditional banks, and what these developments mean for the global crypto landscape. Your daily dose of crypto's most important developments—follow us on X @altinvestbot (A-L-T-I-N-V-E-S-T-B-O-T) for real-time updates!
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