Prominent exchanges Binance, @HuobiGlobal, and OKX withdrew licensing applications from Hong Kong’s SFC due to stringent policies. Concerns rise over Hong Kong’s crypto hub ambitions. #Crypto #Updates
President Biden vetoed a bill to overturn SEC crypto guidelines, aiming to protect investors. Critics say it hinders financial institutions. Overturning requires a two-thirds Congress majority. #Crypto #Regulation
The @SECGov has approved spot $ETH ETFs, a landmark moment in crypto. @vaneck_us CEO calls it a career highlight. Expect increased investor interest and market clarity. #CryptoNews
President Biden’s veto of SEC’s SAB 121 faces backlash from @Coinbase, @Ripple, and Congress members, with concerns over destabilizing the crypto industry and future consumer protections. #CryptoNews #RegulationUpdates
The EU’s MiCA regulation, effective January 2025, mandates KYC and AML for all CASPs, bans algorithmic stablecoins, and aims to standardize crypto laws across Europe. #CryptoRegulations #EU
Invesco Galaxy, VanEck, and others updated S-1 filings for spot Ethereum ETFs to the SEC. Franklin Templeton’s 0.19% annual fee marks the first disclosed. #Crypto #Ethereum
President Biden vetoes bill to overturn SEC’s SAB 121, mandating banks list crypto assets as liabilities. This move emphasizes investor protection and regulatory stability. #Crypto #Finance
President Biden vetoes bill to revoke SEC’s SAB 121, keeping crypto holdings listed as liabilities. This move aims to protect consumers and ensure market stability. #Crypto #Regulation
Coinbase files closing brief in lawsuit against SEC over rulemaking denial. Dispute highlights SEC’s inconsistent approach to crypto, causing industry confusion. #CryptoRegulation #Coinbase
SEC, @TerraformLabs, and Do Kwon reach a preliminary settlement over misleading $UST investors pre-2022 collapse. Investors lost $40B; crypto community divided on future impact. #CryptoNews #Updates
Terraform Labs led by Do Kwon agrees to settle fraud charges with SEC. Following the news, $LUNA’s price surged 20%. This could impact the crypto sector’s stability. #CryptoNews #Updates
Judge Torres to rule on fines Ripple ($XRP) owes for institutional sales. SEC seeks nearly $2B, but Ripple argues for a max of $10M. Current price: $0.52. #CryptoNews #XRP
Robinhood nears settlement over its 2021 meme stock trading halt, including $GME and $AMC. Plaintiffs claim market manipulation caused financial losses. $HOOD stock rose 3%. #FinanceNews
Rep. Tom Emmer (@RepTomEmmer) criticizes SEC Chair Gary Gensler’s leadership, claiming it stifles innovation and exceeds authority. Emmer emphasizes the need for the FIT21 Act to keep the U.S. at the forefront of fintech. #Crypto #Regulation
