Here are some new crypto updates:

Market Updates

- *Bitcoin Price*: Bitcoin's price is around $114,964, with a 0.71% increase.

- *Ethereum Price*: Ethereum's price is $3,724.53, with a 2.57% increase.

- *Global Crypto Market Cap*: The global crypto market cap is $3.83 trillion, with a 1.5% daily increase.¹ ²

Regulatory News

- *SEC Guidance*: The SEC has updated its accounting guidance for USD stablecoins, hinting they might soon be treated like cash.

- *CFTC Regulatory Push*: The CFTC has begun a fast-tracked regulatory push to enact key cryptocurrency policies.

- *South Korea's Crypto Regulations*: South Korea is stepping up its crypto game, launching a dedicated virtual asset division to oversee the market and draft regulations.³ ⁴ ⁵

Investment and Adoption

- *Metaplanet's Bitcoin Purchase*: Metaplanet, Japan's leading Bitcoin treasury firm, has acquired another 463 BTC worth $53.7 million.

- *Bakkt's Crypto Treasury Venture*: Bakkt has acquired a 30% stake in Japan's Marusho Hotta, rebranding it as (link unavailable) for crypto treasury services.

- *Visa's Stablecoin Expansion*: Visa has widened its stablecoin offerings, integrating PayPal USD and adding Stellar and Avalanche to its supported blockchain networks.$BTC #BTCUnbound #BinanceHODLerPROVE #BTCReserveStrategy