We use cookies and similar technologies to improve your experience, serve personalized ads, and analyze traffic. You can manage your preferences or accept/reject all.
Cookie Preferences
EssentialRequired for the site to function. Always active.
AnalyticsHelp us understand how visitors interact with the site.
AdvertisingUsed to deliver personalized ads.
FunctionalEnable enhanced functionality and personalization.
Markets · Investing · Business
Finance
Why Circle Internet Group Stock Was Crushed Today
A major piece of crypto legislation failed to advance on Capitol Hill.
A significant legislative defeat negatively affected cryptocurrencies and cryptocurrency stocks alike on Tuesday. One of the latter that really took it on the chin was top stablecoin developer Circle Internet Group(NYSE: CRCL). The company's stock wasn't a top pick for most investors, as it plummeted more than 11% that trading session.
Crypto insiders and investors were hoping for the Senate to pass the Clarity Act, as the proposed law would have established which regulatory bodies were responsible for policing different kinds of digital currencies and other assets. The act was passed in a vote in the House of Representatives last year.
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
What moved overnight · what to watch today · pre-positioning notes from our desk. Delivered to your inbox at 6:30 AM Dubai.
No spam. Unsubscribe in one click. We never sell your email.
We use cookies and similar technologies to improve your experience, serve personalized ads, and analyze traffic. You can manage your preferences or accept/reject all.
Cookie Preferences
EssentialRequired for the site to function. Always active.
AnalyticsHelp us understand how visitors interact with the site.
AdvertisingUsed to deliver personalized ads.
FunctionalEnable enhanced functionality and personalization.
