The U.S. SEC may approve the listing of a Solana ETF within the next 3 to 5 weeks.
The regulator has requested that potential issuers submit updated S-1 forms within the coming week.
Given the pace at which Solana ETF applications are being reviewed, there's a strong possibility of approval in the near term.
#Source
#PFTCNEWS
The regulator has requested that potential issuers submit updated S-1 forms within the coming week.
Given the pace at which Solana ETF applications are being reviewed, there's a strong possibility of approval in the near term.
#Source
#PFTCNEWS
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The SEC is developing an "innovation exemption" for DeFi platforms.
SEC Chair Paul Atkins stated that the U.S. Securities and Exchange Commission is working on an “innovation exemption” aimed at easing regulatory burdens for decentralized platforms. Under the proposed approach, DeFi software developers would not be held responsible for how their tools are used. The SEC is also considering adjusting rules to provide regulatory relief for blockchain issuers and infrastructure providers.
Major crypto associations support the inclusion of BRCA in the CLARITY bill.
Eight leading crypto industry organizations have proposed including the Blockchain Regulatory Certainty Act (BRCA) in the updated CLARITY framework. BRCA aims to clarify that software developers, validators, and infrastructure providers are not financial intermediaries if they do not control user assets.
U.S.-China trade talks continue in London.
#Source
#PFTCNEWS
SEC Chair Paul Atkins stated that the U.S. Securities and Exchange Commission is working on an “innovation exemption” aimed at easing regulatory burdens for decentralized platforms. Under the proposed approach, DeFi software developers would not be held responsible for how their tools are used. The SEC is also considering adjusting rules to provide regulatory relief for blockchain issuers and infrastructure providers.
Major crypto associations support the inclusion of BRCA in the CLARITY bill.
Eight leading crypto industry organizations have proposed including the Blockchain Regulatory Certainty Act (BRCA) in the updated CLARITY framework. BRCA aims to clarify that software developers, validators, and infrastructure providers are not financial intermediaries if they do not control user assets.
U.S.-China trade talks continue in London.
#Source
#PFTCNEWS
🇺🇸 Donald Trump:
I would prefer to see a lower interest rate from the Federal Reserve.
I cannot force Jerome Powell to lower the interest rate.
The Fed should reduce rates by 1%, or even 2%. It would significantly decrease the interest we pay on national debt.
I told Jerome Powell to raise rates if inflation began rising within a year.
There is no need to maintain interest rates at such elevated levels.
I may need to exert some influence on Jerome Powell.
I like Tesla, and I also have a favorable view of other electric vehicle manufacturers.
Elon Musk likes me. I would like to speak with him about electric vehicles.
I respect China and have great admiration for Xi Jinping. Our trade agreement will open the American market to China.
Tariffs on automobiles may increase in the near future.
#PFTCNEWS
I would prefer to see a lower interest rate from the Federal Reserve.
I cannot force Jerome Powell to lower the interest rate.
The Fed should reduce rates by 1%, or even 2%. It would significantly decrease the interest we pay on national debt.
I told Jerome Powell to raise rates if inflation began rising within a year.
There is no need to maintain interest rates at such elevated levels.
I may need to exert some influence on Jerome Powell.
I like Tesla, and I also have a favorable view of other electric vehicle manufacturers.
Elon Musk likes me. I would like to speak with him about electric vehicles.
I respect China and have great admiration for Xi Jinping. Our trade agreement will open the American market to China.
Tariffs on automobiles may increase in the near future.
#PFTCNEWS
The U.S. stock market is under pressure at the moment…
Today's market sentiment is largely shaped by renewed geopolitical tensions between Israel and Iran.
#PFTCNEWS
Today's market sentiment is largely shaped by renewed geopolitical tensions between Israel and Iran.
#PFTCNEWS
⚡️ Donald Trump:
– I have a good relationship with the Prime Minister of Canada.
– We will discuss trade and other matters with Carney.
– Our focus will be on trade with Canada.
– A trade agreement with Canada could be reached within a few days or weeks.
– Removing Russia from the G7 was a mistake.
– Iran is not winning this war. They should enter negotiations before it’s too late.
❗️Iran is reportedly ready to discuss de-escalation of the conflict with Israel.
❗️I support Israel.
– I would not object to China joining the G7.
#PFTCNEWS
– I have a good relationship with the Prime Minister of Canada.
– We will discuss trade and other matters with Carney.
– Our focus will be on trade with Canada.
– A trade agreement with Canada could be reached within a few days or weeks.
– Removing Russia from the G7 was a mistake.
– Iran is not winning this war. They should enter negotiations before it’s too late.
❗️Iran is reportedly ready to discuss de-escalation of the conflict with Israel.
❗️I support Israel.
– I would not object to China joining the G7.
#PFTCNEWS
🧐 #APT The Aptos Foundation will begin tracking wallets linked to illicit activity – source: blog
Chainalysis and the Aptos Foundation have launched a partnership aimed at enhancing on-chain analytics by tagging wallet addresses associated with illegal activity. The data provided by the Aptos Foundation will be integrated into Chainalysis KYT (Know Your Transaction), improving the monitoring and risk assessment process.
Chainalysis supports law enforcement and intelligence agencies in identifying, tracking, and blocking crypto wallets tied to criminal operations.
#Source
#PFTCNEWS
Chainalysis and the Aptos Foundation have launched a partnership aimed at enhancing on-chain analytics by tagging wallet addresses associated with illegal activity. The data provided by the Aptos Foundation will be integrated into Chainalysis KYT (Know Your Transaction), improving the monitoring and risk assessment process.
Chainalysis supports law enforcement and intelligence agencies in identifying, tracking, and blocking crypto wallets tied to criminal operations.
#Source
#PFTCNEWS
U.S. Stock Market and Bitcoin — Current Snapshot
The current state of the U.S. stock market and Bitcoin.
#PFTCNEWS
The current state of the U.S. stock market and Bitcoin.
#PFTCNEWS
🫡 Charts on Twitter are emerging, highlighting a potential fractal resembling the 2021–2022 bear market scenario.
If the pattern repeats, we could see Bitcoin drop to the $60,000–$65,000 range.
#PFTCNEWS
If the pattern repeats, we could see Bitcoin drop to the $60,000–$65,000 range.
#PFTCNEWS
🇺🇸 The U.S. Supreme Court may overturn Trump-era global tariffs, according to Bloomberg.
Two toy manufacturers have filed a lawsuit with the Supreme Court demanding the cancellation of the tariffs introduced during Donald Trump's presidency.
The companies are requesting an expedited review of the case by the end of the year. Previously, a trade court ruled the tariffs illegal, but an appellate court temporarily reinstated them. A hearing on the appeal is scheduled for July 31.
#Source
#PFTCNEWS
Two toy manufacturers have filed a lawsuit with the Supreme Court demanding the cancellation of the tariffs introduced during Donald Trump's presidency.
The companies are requesting an expedited review of the case by the end of the year. Previously, a trade court ruled the tariffs illegal, but an appellate court temporarily reinstated them. A hearing on the appeal is scheduled for July 31.
#Source
#PFTCNEWS