**JPMORGAN CONSIDERS BITCOIN AND ETHEREUM-BACKED LOANS**
JPMorgan, the largest US bank, is exploring the possibility of offering loans secured by cryptocurrencies like Bitcoin and Ethereum.
Clients would be able to use their digital assets as collateral for loans in US dollars.
This marks a significant shift for the bank, whose CEO previously criticized Bitcoin.
**PNC BANK PARTNERS WITH COINBASE ON CRYPTO SERVICES**
PNC Bank, with 410 billion dollars in assets, has announced a partnership with the Coinbase exchange to provide services for institutional clients.
The bank will integrate Coinbase’s Crypto-as-a-Service platform to enable digital asset trading.
At the same time, PNC will offer its traditional banking services to Coinbase.
**SEC: ETHEREUM IS A COMMODITY, NOT A SECURITY**
The chairman of the US Securities and Exchange Commission (SEC) has stated that the agency treats Ethereum similarly to Bitcoin.
This means Ethereum is classified as a commodity, exempting it from securities regulations.
This classification provides key regulatory clarity for the second-largest digital asset on the market.
**US SENATORS PRESENT NEW CRYPTO REGULATION BILL**
A group of US senators has introduced a bill aiming to reform the regulatory framework for cryptocurrencies in the United States.
The proposal includes clear definitions for digital asset classifications and limits the SEC’s oversight in certain areas.
The goal is to accelerate innovation by creating a predictable legal environment for crypto markets.
**TELEGRAM LAUNCHES TON WALLET INTEGRATION FOR US USERS**
Telegram has begun rolling out an integrated TON wallet for 87 million users in the United States.
This is the first case of a fully self-custodial crypto wallet being embedded directly into a popular messaging app in the US.
This move significantly improves crypto accessibility for a broad user base.
**SEC UNEXPECTEDLY HALTS BITWISE ETF APPROVAL**
The SEC has paused the process of converting the Bitwise 10 Crypto Index Fund into an ETF.
The decision came just hours after SEC staff had given preliminary approval.
The fund was set to include multiple assets such as Bitcoin, Ethereum, and XRP, and the sudden halt raises regulatory uncertainty.
**SPACEX MOVES BITCOINS FOR THE FIRST TIME IN THREE YEARS**
A wallet linked to Elon Musk’s SpaceX transferred 1,308 bitcoins worth about 154 million dollars.
This was the first recorded activity from this wallet in over three years.
The funds were moved to a new, previously inactive address.
**FRENCH FIRM SEQUANS BUYS 150 MILLION DOLLARS WORTH OF BITCOIN**
French tech company Sequans Communications, listed on the New York Stock Exchange, purchased 1,264 bitcoins.
The transaction was worth approximately 150 million dollars, with an average purchase price of 116,493 dollars per bitcoin.
Following this acquisition, the company now holds a total of 2,317 BTC in its financial reserves.
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