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🔵Gary #Gensler, SEC chair, spoke at Bloomberg Invest Summit. He mentioned the #EthereumETF approval process is progressing smoothly.

🔵He Claims "there's nothing inconsistent about #crypto securities and the securities laws," as they relate to #cryptocurrency.

🔵Highlights that many crypto tokens are considered securities.

#Ether #CryptoNews
Top #CryptoNews This Week

1️⃣
#Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.

2️⃣
#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5

3️⃣
#Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues

4️⃣ U.S. Marshals Service partnered with
#Coinbase Prime for custody and trading of digital assets

5️⃣ Bloomberg analyst predicted
#EthereumETF might start trading around July 15 after resubmissions

6️⃣ German lawmaker criticized the government for selling $195 million in
#Bitcoin, causing market volatility

7️⃣
#Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1

8️⃣
#Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3

9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services

🔟
#Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality