SEC Approves In Kind Transactions for Crypto ETPs:
• The U.S. Securities and Exchange Commission now allows Bitcoin and Ethereum exchange-traded products (ETPs) to employ in-kind creation and redemption, which implies investors and institutions can swap ETF shares for the underlying BTC/ETH directly rather than cash. The move aligns crypto ETPs with conventional commodity models and increases market efficiency.
Kraken Raises $500 Million at $15 B Valuation:
• Cryptocurrency exchange Kraken is said to be in negotiations to raise $500 million at a $15 billion valuation marking strong investor demand in the face of growing institutional adoption.
Significant Rise in Omni Network (OMNI):
• Omni Network (OMNI) has surged more than 200 % today with South Korea's Upbit listing the OMNI/KRW pair.
White House Crypto Policy Report Launching Today:
• July 30 the White House is releasing its first ever in-depth crypto policy report on.
Stablecoin licensing and overhauls:
• SEC vs. CFTC roles clarification Proposals for a Strategic U.S. Bitcoin Reserve using seized BTC Potential road to a CBDC and larger market structure changes.
JPMorgan Considers Crypto Secured Lending:
• JPMorgan is considering extending loans secured by customers cryptocurrency assets indicating further institutional mainstream adoption.
#EthereumTurns10 #ETHCorporateReserves #BinanceHODLerTree #DELABSBinanceTGE #BNBATH 
