Here is what happened yesterday in the crypto market:
Morgan Stanley to Offer Crypto Trading on E*Trade
Morgan Stanley plans to enable cryptocurrency trading on its E*Trade platform, signaling a significant step by a major U.S. bank into direct crypto access for retail investors. Read more
SEC May Approve SOL, XRP, and DOGE Spot ETFs Soon
Bloomberg ETF analysts suggest a high probability (75% or greater) that the U.S. SEC will soon approve spot ETFs for cryptocurrencies like SOL, XRP, and DOGE, potentially expanding crypto investment options. Read more
U.S. Senate Considers Stablecoin Regulation
The U.S. Senate is considering legislation to establish regulations for stablecoin issuers, marking the first time the chamber has addressed a major crypto bill, which could bring significant regulatory clarity to the stablecoin market. Read more
Sam Altman’s World Crypto Project Launches in US
Sam Altmans controversial blockchain project, World, is launching in the U.S. and said it intends to roll out 7,500 eye-scanning orbs in cities across the country by the end of the year. Read more
Crypto to accelerate AI adoption.
Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon’s co-founder Sandeep Nailwal. Read more