Brenton Gelinas z58l

The SEC Withdraws Its Joint Statement on the Custody of Digital Asset Securities by Brokers and Dealers

On May 15, the SEC withdrew the previously issued joint statement by the Division of Trading and Markets and the Financial Industry Regulatory Authority, Inc. (FINRA) regarding the custody of digital asset securities by broker-dealers (Withdrawn Statement). Under the Withdrawn Statement, among other things, the SEC required broker-dealers to consider how they might comply with customer protection rules such as SEC Rule 15c3-3, which imposes certain obligations on broker-dealers that have possession or control of digital asset securities. Additionally, the Withdrawn Statement outlined considerations on how federal securities laws and regulations might apply to broker-dealers handling digital assets, and specifically warned broker-dealers to carefully consider all regulatory requirements when engaging in the custody of digital asset securities. The withdrawal of the Withdrawn Statement indicates that the SEC is committed to engaging in an evolving regulatory landscape surrounding digital assets.
#CryptoRegulation

Every year, on May 22, the cryptocurrency community celebrates Bitcoin Pizza Day to commemorate this historic transaction. It serves as a reminder of Bitcoin's humble beginnings and its potential for broader adoption.
#BinancePizza

Bitcoin today's price is $103174.67 USD with a 24-hour trading volume of $46210406618.36 USD
$BTC

SXT is the native token that powers the Space and Time network, enabling coordination, security, and value exchange across a network

$BTC The price of Bitcoin today is 95,692.19, with a change of -0.02% in the last 24 hours and 1.81% in the last week. The trading volume of Bitcoin in the last 24 hours amounts to 25.71B, while its current market capitalization is 1.92T.

$BTC The price of Bitcoin today is 95,692.19, with a change of -0.02% in the last 24 hours and 1.81% in the last week. The trading volume of Bitcoin in the last 24 hours amounts to 25.71B, while its current market capitalization is 1.92T.

#DigitalAssetBill The bill confirms that certain digital assets – such as crypto tokens – can attract property rights even if they do not fit into the 2 traditional categories of personal property in English and Welsh law (please see details in the policy context section below).

In doing so, the bill is responding to technological developments so that people and businesses who use these assets have appropriate legal protections. This will bring practical benefits for those individuals and businesses (detailed below).

#DigitalAssetBill The bill confirms that certain digital assets – such as crypto tokens – can attract property rights even if they do not fit into the 2 traditional categories of personal property in English and Welsh law (please see details in the policy context section below).

In doing so, the bill is responding to technological developments so that people and businesses who use these assets have appropriate legal protections. This will bring practical benefits for those individuals and businesses (detailed below).

#SaylorBTCPurchase Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.

Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission.

The latest purchase accounts for 1.2% of Strategy’s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an average price of $67,766 per BTC.

Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.

Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission.

The latest purchase accounts for 1.2% of Strategy’s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an average price of $67,766 per BTC.
#SaylorBTCPucharse

Bitcoin $BTC optimistic as China signals openness to trade talks with the U.S.
Friday's gains for Bitcoin occurred largely after China's Ministry of Commerce said it was open to trade talks with the U.S., following attempts at dialogue from Washington.

The comments fueled hopes for trade negotiations between the world's largest economies, after they became embroiled in a bitter trade war in April.

Still, China called for sincerity from U.S. officials and reiterated that any conversation would depend on the U.S. reducing its high tariffs against the country.

Bitcoin and cryptocurrencies are not directly affected by the trade frictions between the U.S. and China, unlike most stocks, which have direct links to supply chains. Instead, their speculative nature makes them more sensitive to changes in confidence.

#Trump100Days The first 100 days of the second Donald Trump presidency began on January 20, 2025, the day Donald Trump was inaugurated as the 47th president of the United States. The first 100 days of a presidency took on symbolic significance during Franklin D. Roosevelt's first term in office, and the period is considered a benchmark to measure the early success of a president. The 100th day of Trump's second presidency was April 30, 2025.

#AltcoinETFsPostponed The Securities & Exchange Commission (SEC) released several documents on Thursday stating that it is delaying its decision on crypto exchange-traded fund (ETF) filings from Grayscale, Bitwise and Canary Capital as it seeks more time to conclude whether or not to approve the applications.

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

$SOL

#AIAndGameFiBoom 👍