Biden Vetoes SEC’s SAB 121 Repeal
President Joe Biden of the United States has rejected a resolution aimed at overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121.
CFTC Commissioner: FIT21’s Implementation Will Be Slow
The implementation of the Financial Innovation and Technology for the 21st Century Act (FIT21) is expected to be a lengthy process, potentially taking several months or even years for coordination between regulators in the United States prior to the enforcement of the rules.
Donald Trump’s Crypto Assets Holdings Exceed $10 Million
His on-chain portfolio has now exceeded $10 million, mainly thanks to the increasing value of the MAGA (TRUMP) meme coin.
SEC Approves Eight Ethereum ETFs in US
The Securities and Exchange Commission (SEC) yesterday approved a rule change that allows for the creation of ETFs that invest in Ether, one of the largest cryptocurrencies in the world.
Binance.US to Resume Money Services in Florida
Binance.US successfully appealed the suspension of its money-services business license in Florida.
US Passes Bill to Regulate Crypto
The House of Representatives passed the FIT21 Act on Wednesday with a 279-136 vote, aimed at establishing a clear regulatory framework for crypto assets.
Trump Says He Will Accept Crypto in His Campaign
The presumptive Republican nominee for the 2020 presidential election, Donald Trump, has stated that his campaign will now be accepting donations in the form of various cryptocurrencies.
