📢Pal News Bulletin ——2.15

1. The US SEC establishes a cryptocurrency working group, delaying response to Coinbase's appeal

In a court document dated February 14, the SEC requested more time as the newly formed cryptocurrency working group will affect its response and current potential cryptocurrency classification issues.

Pal's Note: The new cryptocurrency working group is a long-term positive.

2. Grayscale applies for Ethereum ETF staking feature

@Grayscale and @NYSE have just submitted an application to the US Securities and Exchange Commission, allowing their Ethereum ETFs (ETHE and ETH) to begin staking the Ether they hold.

Pal's Note: Positive for #ETH, waiting for approval, pay attention to the staking sector.

3. Sei will unlock 55.56 million SEI tokens

#Sei will unlock approximately 55.56 million tokens at 8 PM Beijing time on February 15, accounting for 1.25% of the current circulation, valued at about $13.37 million.

Pal's Note: Sei's current price has fallen back to the bottom price of late August last year; I personally believe it needs to re-accumulate liquidity through oscillation.

4. Georgia proposes to allow investment in Bitcoin

A senator from the US state of Georgia has introduced a bill that allows the state treasurer to invest in Bitcoin, discussing limits and safe handling requirements for such investments.

Pal's Note: Government investment behavior, potential positive.

5. Dubai issues a warning to meme coin investors

Meme coins issued in Dubai will have to comply with marketing regulations regarding promotion, advertising, etc. Institutions that violate these marketing rules may face fines of up to $135,000.

Pal's Note: Hope the regulations can gradually formalize memes.

6. Coinbase becomes exclusive crypto partner of Aston Martin

7. Hong Kong Securities and Futures Commission holds its first virtual asset consultation meeting

Summary:

1) Increasing government intervention, actively promoting the compliance and dissemination of crypto, raising the ceiling, which is a long-term positive.

2) For ETH ETF staking, it is recommended to pay more attention to staking sector tokens.