Here is what happened yesterday in the crypto market:
U.S. Agencies Align with Crypto Regulations
The Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau are expected to adopt new approaches to crypto regulations, following the Federal Deposit Insurance Corporation’s recent overhaul of its crypto framework. This signals a significant shift in the regulatory landscape for cryptocurrencies in the U.S. Read more
Crypto’s Resilience Amidst Tariff Talks
Despite Donald Trump’s impending tariff escalation, Bitcoin remains unfazed, as market analysts observe stability in cryptocurrency investments. This development poses questions about the broader crypto market’s ability to withstand external economic pressures. Read more
Growing Investment in Crypto by U.S. Endowments
U.S. endowment funds are increasing their investments in cryptocurrencies as asset prices soar. This trend reflects a broader acceptance of digital assets within traditional finance, with institutions recognizing the potential growth in this sector. Read more
Grayscale Takes a Step Forward with Cardano ETF
Grayscale has filed to launch the first standalone exchange-traded fund (ETF) for Cardano (ADA) on the New York Stock Exchange. This represents a significant milestone for ADA and the ETF landscape in the crypto market. Read more
North Carolina Moves Towards Crypto Investments
Nineteen U.S. states, including North Carolina, are exploring legislation to invest public funds in cryptocurrencies. This indicates a growing trend among state governments to embrace digital assets as a viable investment option. Read more