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🚨JUST IN: U.S. SENATORS VOTED 66-32 TO ADVANCE THE GENIUS
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FOR STABLECOIN REGULATION
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🚨JUST IN: INDONESIA’S DIGIASIA PLANS TO RAISE $100M TO BUY BITCOIN
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🚀@CHAINLINK CCIP V1.6 IS LIVE ON @SOLANA! This upgrade unlocks $19B+ in tokenized assets ready to move across chains. What does this mean for Solana adoption? Find out ⬇️ https://bsc.news/post/chainlink-ccip-launches-on-solana
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🚀 @CHAINLINK CCIP V1.6 IS LIVE ON @SOLANA! This upgrade unlocks $19B+ in tokenized assets ready to move across chains. What does this mean for Solana adoption? Find out ⬇️ https://bsc.news/post/chainlink-ccip-launches-on-solana
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🚨JUST IN: BITCOIN SPOT ETFS ATTRACTED $667M IN NET INFLOWS ON MAY 19, SPOT ETHEREUM ETFS GAINED $13.66M
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SEC POSTPONES DECISION ON SPOT SOLANA ETFS - The U.S. Securities and Exchange Commission (SEC) delayed its ruling on spot Solana ETF applications filed by major players including VanEck, 21Shares, Fidelity, and Bitwise. KEY DETAILS: - The regulator initiates proceedings to determine whether these proposals meet regulatory standards under Section 6(b)(5) of the Securities Exchange Act. - This section mandates that exchange rules prevent fraud, manipulation, and protect investors and the public interest. - Bitwise’s application, originally filed in January 2025 via the Cboe BZX Exchange, and 21Shares’ bid are now under extended scrutiny. - Both have faced delays before, with the SEC expressing ongoing concerns about market manipulation risks and investor safeguards. - The SEC has similarly deferred decisions on Grayscale’s Solana ETF and others, signaling slow progress in this space. The agency seeks additional data and public input before moving forward. - Despite the sluggish pace, experts from Bloomberg project roughly a 70% chance for Solana ETF approval in 2025. - Other altcoin ETFs, like Litecoin and XRP, hold even higher odds—around 85-90%—benefiting from clearer regulatory status as commodities.
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