Here’s what happened in crypto today

Today in crypto, Polish lawmakers approved a Ministry of Finance-backed crypto bill to implement the European Union's MiCA framework in a 241–200 vote after repeated vetoes, Strategy's flagship perpetual preferred stock, STRC, attracted a record $1.5 billion in trading volume, and the US Senate Banking Committee advanced the CLARITY Act.

Polish lawmakers back revised crypto bill after repeated vetoes

Polish lawmakers approved a government-backed bill Friday to bring the country’s crypto market under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, after President Karol Nawrocki twice vetoed earlier versions.

The vote took place on Friday during the 57th sitting of the Sejm in Warsaw, where lawmakers adopted the legislation in a 241–200 decision, according to official parliamentary records.

Backed by the Ministry of Finance, the approved bill (No. 2529) designates the Polish Financial Supervision Authority (KNF) powers to oversee market participants, impose administrative sanctions and temporarily block accounts and transactions.

Source: Sejm RP

The vote marks the third attempt by the government to pass a crypto bill following two earlier presidential vetoes, with lawmakers favoring the state-backed approach over three competing draft bills.

Strategy’s STRC hits record $1.5 billion trading volume

Strategy’s perpetual preferred stock, STRC, the company’s primary way of funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday as Bitcoin hovered around $80,000.

The stock, called Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, or Stretch, offers investors an 11.5% dividend without requiring the company to dilute common shares.

Strategy could, in theory, raise an estimated $735.4 million from Thursday’s STRC performance to purchase 9,066 Bitcoin (BTC), according to the STRC.live tracker. Strategy has purchased 101,147 Bitcoin since March.

Estimated amount of Bitcoin that Strategy could accumulate from capital raised through STRC on Thursday. Source: STRC.Live

Strategy is the largest Bitcoin treasury company with holdings of 818,869 Bitcoin worth $66.5 billion at current market prices.

US Senate Banking Committee advances CLARITY Act after it stalled for months 

The United States Senate Banking Committee voted to advance the Digital Asset Market Clarity Act (CLARITY) on Thursday, following months of stalled progress on the crypto market structure bill.

All 13 Republican members of the Committee voted in favor of the bill and were joined by Democratic Senators Ruben Gallego and Angela Alsobrooks. Following the vote, Wyoming Senator Cynthia Lummis said:

“Thanks to the folks from Treasury and Patrick Witt from the White House. Honestly, without their involvement, I don't think we could have gotten as much done. The agencies went from offering technical assistance to really rolling up their sleeves and helping with this bill.”

Senator Cynthia Lummis addresses the Senate Banking Committee during the CLARITY markup. Source: GOP Senate Banking Committee

The CLARITY Act would codify clear rules of the road for the crypto industry in the United States, ending years of regulatory uncertainty and the possibility of a future administration rolling back the regulatory progress that has occurred since the 2024 US elections.