ICE

OKX executive Haider Rafique is skeptical the Clarity Act can clear Congress this year, arguing partisan incentives may overpower the crypto industry’s push for regulatory clarity. He also says bitcoin may have limited upside if the bill passes but could face sharper pressure if it fails.

Circle shares advanced in premarket trading after the stablecoin issuer topped profit expectations despite a slight revenue miss. The company also highlighted growing institutional support for Arc, its layer 1 blockchain network, alongside continued expansion in USDC activity.