The Hong Kong Securities and Futures Commission (SFC) has authorized certain companies, including HashKey and OSL, to provide Ethereum staking services. As CoinMarketCap notes, crypto traders in Hong Kong will now be able to directly receive rewards for holding their assets on the blockchain.
US President Donald Trump has signed an executive order repealing Internal Revenue Service demands for Decentralized Finance (DeFi). The federal agency considered DeFi brokers and required tracking and reporting user activity.
Charles Hoskinson, the founder of the Cardano blockchain, told CNBC that the crypto market will grow and Bitcoin may hit $250,000 by the end of 2025. The key drivers will be the easing of global trade tensions, as well as the expected Federal Reserve’s (Fed) rate cut.
On Wednesday, the US Securities and Exchange Commission (SEC) approved the listing and trading of options on certain Ethereum-backed exchange-traded funds (ETFs). These include BlackRock's iShares Ethereum Trust, the Bitwise Ethereum ETF, and Grayscale's Ethereum Trust products.
Paul Atkins has recently taken the helm of the US Securities and Exchange Commission (SEC). With the official holding office, there may be a sudden shift in how the agency regulates.
The CNY publication has been released
Trade Balance (USD)
102.64B
Down
The GBP publication is expected
Unemployment Rate
4.4%
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