Coinbase

BlackRock, Coinbase, and Strategy joined a new consortium pledging $15 million to prepare Bitcoin for future quantum computing threats, while Senate Republicans updated CLARITY Act draft text to ban presidents from holding crypto. Meanwhile Goldman’s CEO broke with the banking industry to back the bill. Here’s what these developments mean for crypto investors.

BlackRock, Coinbase, and Strategy joined a new consortium pledging $15 million to prepare Bitcoin for quantum computing threats, while S&P launched a new crypto index that notably excludes both Bitcoin and XRP. Meanwhile Abu Dhabi’s Mubadala Capital joined the tokenization push. Here’s what these developments mean for institutional crypto adoption right now.