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The U.S. Senate voted to advance President Trump’s nominee, Michael Selig, to lead the Commodity Futures Trading Commission.
JPMorgan said stablecoin demand remains primarily driven by crypto trading activity, while growing use in payments may not materially increase supply.
JPMorgan highlighted rising engagement and monetization potential across both transaction and subscription products.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The firm holds about 6.8 million SOL tokens, more than the next three largest SOL DATs combined, according to The Block's SOL treasury data.
Crypto index fund manager Bitwise is seeking to launch an exchange-traded fund tracking the SUI token.
The prediction market sought permission from regulators to allow for listing event contracts based on college athlete transfers.
Circle continues to position USDC as a compliant settlement layer for incumbents, following deals with Visa and major crypto exchanges.
The SEC charged Danh C. Vo, founder and CEO of a bitcoin mining business called VBit, on Wednesday, according to a complaint.
Ethereum researchers have proposed new approaches to address centralization and cost concerns stemming from the protocol's state bloat.