π₯ El Salvadoran Delegates Meet With SEC to Discuss Crypto Pilot Initiatives
El Salvadoran delegates met with the SEC to discuss launching crypto pilot initiatives, including real estate tokenization and small business fundraising programs.
Stacks (STX) Jumps 17% in 24 Hours as Weekly Gains Touch 50%: What's Going On? STX has jumped 50% in a week, fueled by BitGoβs integration of its Bitcoin-pegged sBTC token into its platform.
π΅ Solana Stablecoin Market Hits $2.36B, Circle Issues $250M $USDC
Stablecoin supply on Solana reached $2.36B, including a recent $250M $USDC mint by Circle. The network continues to process growing stablecoin volumes.
Wormhole, with Tally and Scopelift, unveils MultiGovβlive on Solana, Ethereum, and EVM L2s. It enables token holders to govern across networks with unified proposals and votes.
π¦ Binance Launches Fund Accounts for Asset Managers
Binance introduces "Fund Accounts," enabling crypto asset managers to pool investor assets into omnibus accounts. This feature streamlines operations and enhances efficiency for institutional clients.
In 2024, the Uniswap Foundation reported $5.79M in operating expenses and $1.11M in revenue. Despite this, they maintain strong reserves of $29.8M in fiat and stablecoins plus 0.59M $UNI tokens.
π Coinbase Faces $90M Staking Impact Across 5 States
Coinbase reports $90M in potential staking rewards affected by restrictions in five U.S. states. The company continues to advocate for consistent crypto rules.
π€ Trump-Linked WLFI Signs Crypto Deal with Pakistan
World Liberty Financial, linked to Donald Trump, signs a Letter of Intent with Pakistan Crypto Council to support blockchain, stablecoins, and DeFi adoption.
Grayscale representatives held a meeting with the SECβs Crypto Task Force to persuade the agency to allow staking for the Grayscale Ethereum Trust ($ETHE).