The efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins. The US crypto industry’s momentum won’t be derailed in the long term even if the much-anticipated CLARITY Act, aimed at bringing more regulatory clarity to the crypto industry, doesn’t make it through Congress, according to 250 Digital Asset Management CEO Chris Perkins. “If not, we’re going to be just fine,” Perkins said on Cointelegraph’s Chain Reaction podcast on Friday, emphasizing that the two major financial regulators are already building workable frameworks. Perkins pointed to ongoing efforts by US Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodities and Futures Trading Commission (CFTC) Chair Michael Selig, following the agencies’ joint interpretation released in March on how federal securities laws apply to crypto assets. Read more
Monks perform rituals in connection with Vesak Day at Dharmarajika Stupa near Taxila. — Dawn TAXILA: After nearly 15 centuries of silence, the ancient Dharmarajika Stupa came alive on Friday as chants of Buddhist monks echoed once again across the historic site, marking the first such occasion since its destruction in the 5th century CE by the White Huns. For centuries, the site had remained largely quiet, disturbed only by the soft tread of visitors and the rustle of leaves in the breeze. On Friday afternoon, however, the centuries-old calm gave way to a spiritually charged atmosphere as monks performed religious rituals and delivered a Dhamma sermon at one of the most significant Buddhist heritage sites associated with Emperor Ashoka. The peace prayer ceremony was organised by the Punjab Archaeology Department in collaboration with Buddhist delegations from five Southeast Asian countries, including Sri Lanka, Thailand, Nepal, Vietnam and Myanmar. The ritual began in the afternoon with venerable monks from S...
Despite being the best-performing month in the past 12 months, Bitcoin still came in slightly below its historical average, according to CoinGlass data. Bitcoin has posted its best-performing month in a year, prompting analysts to forecast what could lie ahead for May, which has historically delivered returns of about 8%. “Long way to go back to ATHs, but good to see some green,” Coin Bureau founder Nic Puckrin said in an X post on Friday, referring to Bitcoin’s (BTC) performance during April, which saw a monthly return of 11.87%. It marked Bitcoin’s best-performing month since April 2025, when it returned 14.08%. However, it still came in slightly below its historical April average of 12.98%, according to CoinGlass. Read more