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🚨 #SOL SEC has delayed decisions on applications for launching Solana ETFs by 21Shares and Bitwise. Public comment period is now open.
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🐃 **SEC and cryptocurrency - regulator's new course** ◽️ SEC should not block, but promote innovation. Markets evolve thanks to human ability to find solutions. ◽️ Now SEC intends to openly interact with the crypto industry so that market participants can act more confidently. ◽️ SEC will start promoting the development of crypto regulation. ◽️ SEC will allow trading of securities and non-securities under one license - for the convenience and savings of investors. ◽️ The history of the regulator is a mix of support and suppression of innovations. But ultimately progress prevails. ◽️ The SEC's FinTech Center (FinHub) was seen as a tool of pressure. Now its functions are being integrated into other divisions to make innovations part of the regulator's culture. ◽️ SEC is ready for dialogue and changes.
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🤔 CEO JPMorgan: Blockchain is not as important as many think. Our bank has no plans to deal with cryptocurrency storage. #BinanceAlphaAlert
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🔥 #XRP Today, XRP futures became available on the CME exchange. Earlier: announcement.
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#ADA Scandal in Cardano: accusations of misappropriating $600m in ADA from the project's treasury. NFT artist Masato Alexander accused Charles Hoskinson of manipulating the registry during the 2021 Allegra hard fork (moving 318m ADA). Cardano's founder denies all allegations and promises to release an audit. "Most of these funds have been returned to holders, and the remainder has been transferred to the Intersect community. I am deeply hurt that the community believed this information without evidence."
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U.S. Treasury Unlikely to Announce Trade Deals at G7 Meeting
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