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President Donald Trump has appointed Mark Uyeda as acting chair of the SEC, aiming to shift crypto policies with Commissioner Hester Peirce, though potential challenges arise from the current SEC structure. #Breaking #Legal (0) →
The US SEC has issued SAB 122, rescinding SAB 121, easing crypto custody accounting for banks by allowing established principles for assessing risks. This change supports expanding banking services in the crypto sector. #Update #Legal (+6) ↗
Senator Cynthia Lummis will announce a significant development regarding her strategic Bitcoin reserve advocacy at 10 a.m. today. The BITCOIN Act suggests the US Treasury acquire up to 1 million $BTC over five years, addressing inflation concerns. #Breaking #Crypto $BTC (+9) ↗
@Rus Yusupov’s launch of $VINE and the late John McAfee’s $AIntivirus token highlight a surge in celebrity-inspired meme coins, with $VINE stabilizing at a $200 million market cap and $AIntivirus at $36 million. #Update #Crypto $VINE (+3) ↗
President Donald Trump signed an executive order establishing the Presidential Working Group on Digital Asset Markets, aiming to develop federal regulations and evaluate a national digital assets stockpile, fueling speculation about a strategic Bitcoin reserve. #Breaking #Crypto $BTC (+8) ↗
@Circle introduced Paymaster, allowing users to pay blockchain gas fees with $USDC, eliminating the need for native tokens like $ETH. The service is available on Arbitrum and Base, with plans to expand to Ethereum, Polygon PoS, and Solana. #Update #Crypto $USDC (+5) ↗
Senator Cynthia Lummis has been appointed chair of the Senate Banking Subcommittee on Digital Assets, focusing on bipartisan legislation for a comprehensive digital asset framework. The subcommittee aims to position the US as a global crypto hub. #Update #Crypto $BTC (+6) ↗
Morgan Stanley CEO Ted Pick announced the bank’s collaboration with US regulators to explore crypto market expansion, reflecting a more accommodating regulatory environment under the pro-crypto Trump administration. #Update #Crypto (+6) ↗
David Balland, co-founder of @Ledger, was safely rescued after being kidnapped in Vierzon, France. The Paris prosecutor’s office confirmed the incident involved ransom demands in crypto assets and a complex rescue by GIGN. Multiple suspects are in custody. #Breaking #Legal (+9) ↗
The SEC faces its first deadline to decide on @Grayscale’s proposal to convert the Solana Trust into an ETF, with several firms like @VanEck_US and Bitwise awaiting decisions on their Solana ETF proposals. #Update #ETF $SOL → 0
@CMEGroup clarified no official decisions have been made on launching futures contracts for $XRP and Solana, following a test page error indicating potential February 10 launch. The error briefly impacted $XRP and $SOL prices. #Update #Crypto $XRP → 0
XRP’s price continues to rise, trading at $0.50 as investors anticipate more stable growth, driven by a bullish market narrative and recent gains of 35% in July. #Update #Crypto $XRP (+3) ↗
@BitwiseInvest is set to file a Dogecoin ETF application as President Trump’s pro-crypto administration reshapes regulation, boosting $DOGE by 4% recently. Experts anticipate more ETF approvals amid growing optimism. #Update #Crypto $DOGE (+6) ↗
A leaked page from @CMEGroup suggests XRP and Solana futures may launch on February 10, pending regulatory approval, causing a 3% price surge for both $XRP and $SOL. #Update #Crypto $XRP (+4) ↗
