Regulators ready to lay out crypto rules, WSJ reports

U.S. regulators said they are prepared to use existing authority to advance crypto regulation after the Clarity Act stalled, though SEC Chair Paul Atkins said legislation remains preferable and is still expected to pass this year, The Wall Street Journal’s Dylan Tokar reports. The delay followed Coinbase’s (COIN) withdrawal of support over stablecoin provisions, prompting regulators to coordinate oversight through a forthcoming agreement between the SEC and CFTC. Publicly traded companies in the space include Bit Digital (BTBT), Bitfarms (BITF), Circle Internet (CRCL), Core Scientific (CORZ), Greenidge Generation (GREE), Mara Holdings (MARA), Riot Platforms (RIOT), Strategy (MSTR), Stronghold Digital Mining (SDIG) and TeraWulf (WULF).