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The Block - 2026-08-19 ​

6 items collected.


1. Congress can still ‘land this plane’ on crypto bill as ethics talks stall, says Democratic Sen. Gallego ​

Author: Sarah Wynn
Published: 8/19/2026, 10:36:38 PM
Categories: People, Policy, Regulation, U.S. Policymaking, Donald Trump, Senate Agriculture Committee, Senate Banking Committee, News

Sen. Ruben Gallego says Congress can still "land this plane," referring to the Clarity Act crypto bill, as concerns grow over an unfinished ethics deal.

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2. HYPE token surges after Trump says CFTC is working to bring Hyperliquid to US in ‘fully compliant fashion’ ​

Author: Sarah Wynn
Published: 8/19/2026, 8:29:35 PM
Categories: Markets, People, Policy, Regulation, CFTC, Donald Trump, News

President Trump said CFTC Chair Mike Selig is working to bring Hyperliquid into the U.S. in a “fully compliant and legal fashion."

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3. Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally ​

Author: Jason Shubnell
Published: 8/19/2026, 7:05:42 PM
Categories: Crypto Ecosystems, Equities, Layer 1s, Market Updates, Markets, Policy, Regulation, Token Projects, U.S. Policymaking, Bitcoin, Crypto Movers, Equity Movers, SEC, Treasury Department, News

The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.

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4. OCC races to finalize GENIUS Act stablecoin rules by November ​

Author: Sarah Wynn
Published: 8/19/2026, 5:03:52 PM
Categories: Policy, Regulation, OCC, News

The OCC is stepping on the gas to finalize rules by November to implement a stablecoin law signed by President Trump.

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5. Grayscale’s latest Zcash ETF amendment shows DCG in talks to contribute 200,000 ZEC to fund ​

Author: Jason Shubnell
Published: 8/19/2026, 4:57:52 PM
Categories: Companies, Deals, Funds, Markets, Organizations, Policy, Regulation, Digital Currency Group, SEC, News

While DCG is in discussions to contribute ~200,000 ZEC to the Grayscale fund, the potential transaction is nonbinding.

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6. Injective becomes SEC-registered transfer agent as it expands tokenization push ​

Author: Jason Shubnell
Published: 8/19/2026, 4:24:24 PM
Categories: Crypto Ecosystems, DeFi, Policy, Regulation, SEC, News

Injective says the registration gives it a regulated way to keep track of who owns tokenized securities and how those assets change hands.

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