The potential approval of Solana ETFs could significantly boost institutional investment in crypto, enhancing market legitimacy and innovation.
The post Solana ETFs could be approved in 3-5 weeks, SEC signals openness to staking appeared first on Crypto Briefing.
Though it's still uncertain when spot Solana ETFs would be approved, Bloomberg senior ETF analyst Eric Balchunas estimated they could be approved within two to four months.
The market structure bill got an overhaul in two House committees at the same time while the Senate's stablecoin bill is steaming toward a finish.
Pritchard's elevation is a sign of the FCA's focus on developing a comprehensive regulatory environment for the industry.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Quintenz said he would utilize his experience as head of policy at a16z crypto to shape future regulations around crypto.
The proposal aligns with recently elected President Lee Jae-myung's promise to approve and promote a Korean won-based stablecoin market.
Senate Majority Leader John Thune filed cloture on the GENIUS Act for a Wednesday vote, according to Bloomberg.
Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis […]
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US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law. Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property […]
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In a final SEC crypto roundtable, the securities watchdog dug into decentralized finance, with Chairman Paul Atkins promising efforts to ease developers' path.
The incident highlights the vulnerability of digital platforms in disseminating misinformation, potentially impacting national and global markets.
The post Did Paraguay just make Bitcoin legal tender? Suspected hack of president’s X account sparks confusion appeared first on Crypto Briefing.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The head of the Securities and Exchange Commission is turning a new page at the agency in how it views self-custody.
A new House bill introduced Friday would lock in President Trump’s unprecedented executive order establishing a Strategic Bitcoin Reserve, signaling the GOP’s deepening embrace of digital assets as fiscal and geopolitical leverage tools. The bill, H.R. 3798, sponsored by Rep. Tim Burchett (R-TN), aims to codify Executive Order 14233, signed by Trump. The order halted […]
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Lawmakers have included a measure aimed at protecting software developers in the latest version of a digital asset market structure bill.
OpenSea’s rollout of its OS2 platform has driven its highest user growth in over two years, suggesting that the long-dormant NFT market may be flickering back to life. Monthly active users on OpenSea jumped to roughly 467,000 in May, marking a 44% increase from April and the most since April 2023. While sales volumes remain […]
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US Senator Cynthia Lummis said the confirmation of Michelle “Miki” Bowman as Vice Chair for Supervision at the Federal Reserve marks a critical shift in the regulatory approach toward digital assets. According to Lummis, the appointment is a “turning point” for crypto policy, and she expects a “brighter future” for the industry ahead. The Senate […]
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VanEck, 21Shares, and Canary Capital requested on June 5 that the US Securities and Exchange Commission (SEC) reinstate the queue-based review system that awards exchange-traded product approvals in the order issuers filed. In a joint letter to Chair Paul Atkins, the firms said concurrent approvals strip early filers of the advantage that traditionally offsets higher […]
The post Stalling first-mover advantage: VanEck, 21Shares, Canary press SEC to restore first-to-file ETF review order appeared first on CryptoSlate.
The shift from a "first-to-file" to simultaneous approval for crypto ETFs may hinder innovation and favor larger firms, impacting market fairness.
The post VanEck, 21Shares, and Canary urge SEC to revert to ‘first to file, first to approve’ standard for crypto ETFs appeared first on Crypto Briefing.
Maxine Waters, the top Democrat on the House Financial Services Committee, pressured an additional hearing on the crypto market structure bill.
Crypto fund issuers urged the SEC to go back to an approach that allowed ETPs to be approved on a first-come first first-served basis
Gemini filed for an initial public offering on Friday, signaling growing momentum among crypto firms seeking to go public in the U.S.
Trump Media & Technology Group has filed a Form S-3 with the U.S. Securities and Exchange Commission, registering 85 million securities related to its previously closed $2.44 billion Bitcoin treasury deal. The filing also includes a universal shelf registration, granting the company flexibility to issue additional securities in the future as part of a broader […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The FCA's decision may boost crypto market participation but raises concerns about retail investors' exposure to high-risk financial products.
The post UK FCA plans to let consumers buy crypto ETNs, but keeps retail blocked from derivatives appeared first on Crypto Briefing.
The UK’s Financial Conduct Authority has proposed lifting its longstanding ban on crypto exchange-traded notes for retail investors, opening the door for broader access to regulated crypto exposure through public investment exchanges. The move, announced June 6, forms part of a broader regulatory push to bolster market competitiveness and reduce barriers for financial firms. Retail […]
The post FCA clears path for UK retail crypto ETF trading—kind of appeared first on CryptoSlate.
The FCA said the move would support UK competitiveness, allowing crypto ETNs to be sold to individuals rather than just professional investors.
This move could enhance crypto market accessibility and legitimacy, potentially influencing broader adoption and regulatory perspectives.
The post Truth Social Bitcoin and Ethereum ETF registered in Nevada appeared first on Crypto Briefing.
The cease-and-desist highlights potential legal and reputational risks in unauthorized use of high-profile names in crypto ventures.
The post Trump’s sons send cease-and-desist to his meme coin team over Trump-branded crypto wallet appeared first on Crypto Briefing.