Published on mei 26, 2024, 12:27 am
Image source: Fox News
```json { "TLDR": "SEC approves spot Ether ETFs for major financial firms in the U.S., while FIT21 bill proposes CFTC oversight for cryptocurrencies. Former FTX CEO found in Oklahoma, Ripple discusses blockchain threats from quantum computing, Trump to accept crypto donations in 2024 campaign. Cryptocurrency prices show Bitcoin at $68,181 and Ether at $3,668." } ```
The U.S. Securities and Exchange Commission (SEC) has recently approved spot Ether exchange-traded funds (ETFs) in the United States, granting regulatory clearance to filings from major financial firms including VanEck, BlackRock, Fidelity, and others. This development signifies a step forward for the cryptocurrency market in the U.S., as these ETFs still need SEC approval on their S-1 registration statements before officially commencing trading.
In parallel news, the Financial Innovation and Technology for the 21st Century Act (FIT21) was passed by the U.S. House of Representatives and now advances to the Senate. The bill proposes giving primary control over cryptocurrencies to the Commodity Futures Trading Commission (CFTC), a move that is met with opposition from Senator Elizabeth Warren. The industry sees CFTC regulation as potentially more favorable compared to oversight by the SEC.
Elsewhere, Former FTX CEO Sam “SBF” Bankman-Fried is in Oklahoma according to prison records, contrary to previous expectations due to recommendations made by a Judge for his confinement location.
Professor Massimiliano Sala recently conversed about blockchain technology’s future concerning encryption and quantum computing with Ripple, focusing on potential threats posed by quantum computers on current encryption methods protecting blockchains.
In another domain, former U.S. President Donald Trump announced that his 2024 presidential campaign will accept cryptocurrency donations. This move aligns with an increasing acceptance and usage of cryptocurrencies in various spheres.
Cryptocurrency prices at the end of this week see Bitcoin at $68,181, Ether at $3,668, XRP at $0.53, with notable changes among other altcoins like Bonk (BONK), Pepe (PEPE), and Pendle (PENDLE).
The cryptocurrency landscape continues to evolve rapidly with regulatory approvals, technological advancements, significant player movements like Bankman-Fried’s relocation within prison systems and high-profile endorsements such as Trump’s campaign embracing crypto donations — all shaping the future of digital currencies.
Original article posted by Fox News
