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  • 12:14
    New White House Cryptocurrency Advisor: Establishing a U.S. Federal Cryptocurrency Reserve Is One of the Top Priorities
    Jinse Finance reported that Patrick Witt, the new White House cryptocurrency advisor succeeding Bo Hines, stated that he will urge lawmakers to complete a comprehensive review of U.S. cryptocurrency policy and promote regulatory agencies to implement new stablecoin legislation. Currently, the three main priorities are the Senate's market structure legislative efforts, the rapid implementation of stablecoin legislation (namely the "Guiding and Empowering the Nation to Innovate United States Stablecoins Act" (GENIUS)), and the establishment of a U.S. federal cryptocurrency reserve.
  • 12:13
    CFTC Acting Chairman: Considering Bringing Compliant Overseas Crypto Trading Platforms Under U.S. Cross-Border Regulation
    BlockBeats News, on September 9, FOX Business reporter Eleanor Terrett stated that Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), said in a recent speech that the agency is studying whether it can recognize overseas cryptocurrency trading platforms that follow sound, crypto-specific regulations (such as the EU's MiCA framework) under the U.S. cross-border regulatory framework. This statement comes shortly after the CFTC recently reaffirmed its long-standing Foreign Board of Trade (FBOTs) framework. This framework allows certain non-U.S. cryptocurrency trading platforms already regulated by foreign regulatory authorities to provide direct trading access to U.S. traders by registering with the CFTC as FBOTs, rather than as Designated Contract Markets (DCM).
  • 12:12
    Bloomberg Analyst: REX-Osprey DOGE Spot ETF DOJE Expected to Launch on Thursday
    BlockBeats News, on September 9, Bloomberg ETF analyst Eric Balchunas posted on social media that the Rex-Osprey DOGE spot ETF (ticker: DOJE) is expected to launch on Thursday, but it will be issued under the Investment Company Act of 1940, similar to SSK. There is also a large number of projects under the Securities Act of 1933 still awaiting approval from the US Securities and Exchange Commission (SEC). This is likely to be the first ETF in US history that intentionally holds assets with no practical use.
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