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March 21, 2026

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The post Tokenization Hearing Confirmed, CLARITY Act Stablecoin Deal Done “In Principle”: Big Week for Crypto appeared first on Coinpedia Fintech News

Two things happened in Washington this week that the crypto industry has been waiting years for and they arrived at the same time.

The House Financial Services Committee has scheduled a hearing titled “Tokenization and the Future of Securities: Modernizing Our Capital Markets” for Wednesday, March 25, 2026 at 10AM EST. Blockchain Association CEO Summer Mersinger is among the confirmed witnesses.

The hearing, first reported by Fox Business journalist Eleanor Terrett on X, will bring together lawmakers and industry voices to formally examine how tokenization fits into the future of US financial markets.

It is one of the most significant Congressional hearings on tokenization to date and it lands in the same week the CLARITY Act’s most stubborn obstacle was removed.

The Stablecoin Standoff Is Over – Almost

Senators Thom Tillis and Angela Alsobrooks announced they have reached an “agreement in principle” on stablecoin yield, the provision that had blocked the Digital Asset Market Clarity Act from advancing for months. Banks had argued that allowing stablecoin platforms to offer rewards on token holdings would draw deposits away from traditional banking. That argument is now, at least in principle, resolved.

Senator Alsobrooks told Politico: “We’ve come a long way. And I think what it will do is to allow us to protect innovation, but also gives us the opportunity to prevent widespread deposit flight.”

Senator Tillis, while cautious, said he feels “like we’re in a good place,” adding that he still plans to review the details with industry stakeholders before moving forward.

Also Read: The Worst Week for Gold in 43 Years Just Made the Strongest Case for Bitcoin

The Window Is Narrow

With the stablecoin yield compromise in place, the Senate Banking Committee markup is now targeted for the second half of April – likely the weeks beginning April 13 or April 20 following the Easter recess.

Senator Bernie Moreno has been direct about the stakes: if the bill does not pass by May, digital asset legislation may not move again for the foreseeable future. Senate floor time is under pressure from unrelated priorities, including the Republican voter-ID bill and ongoing developments around the Iran conflict.

Issues around DeFi treatment, ethics provisions, and a potential attachment of community bank deregulation to the bill still require resolution before a broad bipartisan vote becomes possible.

This development follows the SEC and CFTC’s landmark joint classification of 16 crypto assets as digital commodities earlier this week, the most significant US crypto regulatory action in a decade, reinforcing a pattern of accelerating policy momentum in Washington.

The tokenization hearing on March 25 and the CLARITY Act’s path toward an April markup represent back-to-back milestones. Whether the legislative window holds is the only question left.

Li Lu may not be a household name for retail investors, but in the halls of Berkshire Hathaway, he is revered.

Born in China and shaped by the 1989 student protests, Lu eventually found his calling at Columbia University after hearing a lecture by Warren Buffett.

His investment firm, Himalaya Capital, now manages $3.5 billion with a concentrated strategy that mirrors the “buy and hold” philosophy of his late mentor, Charlie Munger.

By the end of 2025, a staggering 75% of Lu’s portfolio was anchored in just three powerhouses: Alphabet, Bank of America, and PDD Holdings.

Alphabet Inc: the AI fortress and search dominant

Alphabet stock remains the crown jewel of Lu’s portfolio, representing a massive 44% stake split between Class A and C shares.

While critics once feared that generative AI would erode Google’s search hegemony, the company has proven remarkably resilient.

Recent legal victories against Department of Justice antitrust efforts have cleared significant regulatory clouds, allowing the tech giant to lean into its AI integration.

Beyond search, Alphabet’s ecosystem is diversifying rapidly; YouTube remains a dominant force in digital media, while Waymo leads the nascent autonomous ride-hailing sector.

Trading at roughly 26 times forward earnings, Googles shares offer a rare blend of “Magnificent Seven” growth with a multiple that value investors like Lu still find palatable.

Bank of America: scaling through economic volatility

Representing 16% of Himalaya’s capital, Bank of America serves as Lu’s primary bet on the enduring scale of the US financial system.

Despite recent geopolitical tremors in the Middle East driving energy price spikes, the banking sector has found a tailwind in a steepening yield curve and a shifting regulatory tide.

Investors are particularly optimistic about a ‘deregulation rally” as Federal Reserve officials signal a potential easing of the stringent capital requirements born from the 2008 crisis.

For a titan like Bank of America, lower capital mandates translate directly into higher shareholder returns through dividends and buybacks.

Its massive infrastructure allows it to absorb tech costs that smaller rivals simply can’t, making it a classic “scale play.”

PDD Holdings: a contrarian bet on Chinese e-commerce

The most controversial of Lu’s “Big Three” is PDD Holdings, the parent company of Pinduoduo and the global disruptor Temu.

At 15% of the portfolio, this position highlights Lu’s willingness to go against the grain.

While Chinese stocks have faced a gruelling five-year downturn due to sluggish consumer confidence and fierce margin wars, PDD offers a valuation gap that is hard to ignore.

Trading at a meagre 8 times forward earnings – compared to over 23x for US tech benchmarks – PDD shares are a high-conviction play on an eventual Chinese economic recovery.

For Lu, the risk of regional regulatory complexity is offset by the sheer efficiency and explosive global reach of Temu’s supply chain model.

The post 'Chinese Warren Buffett' has stakes in these 3 stocks: should you buy too? appeared first on Invezz