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Regulated crypto platforms that actively give customers access to decentralized finance should be liable for certain incidents that hit those clients, particularly if they did not properly assess the protocol first, France’s financial authorities told the European Commission.

Solana (SOL) is retreating by nearly 4% in the past 24 hours, as yesterday’s cooler-than-expected inflation print in the United States has been unable to mitigate the latest selling pressure.

Regulatory agencies in the United States are pushing ahead with efforts to bring clarity and confidence to cryptoasset markets following Congress’s failure to progress the CLARITY Act.  

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Solana ($SOL) registered an uptick of 2.49% in the last 24 hours to hit $99.03 on the charts. Its gains were slightly more substantial than the broader market’s more modest recovery.

The U.S. crypto regulation debate is shifting toward federal agencies after the Senate failed to advance the CLARITY Act. CFTC Chairman Michael Selig said his agency intends to continue developing crypto rules using powers Congress has already granted it.

Securities regulators in the U.S. say they plan to move forward with regulations to govern cryptocurrencies as the Clarity Act legislation stalls in Congress.

Co-founder John Lilic to lay out Tria’s institutional self-custody thesis as the company brings the infrastructure behind its profitable global neobank to major platforms