With Bitcoin reclaiming the $30K mark and established giants like PayPal venturing into the cryptocurrency domain, the convergence between conventional financial systems and the crypto sphere grows increasingly conspicuous.
Reps. French Hill and Dusty Johnson wrote that it appears the regulator deliberately timed their actions to overshadow and weaken the Congressional efforts.
Nasdaq has resubmitted its application to list a bitcoin ETF managed by BlackRock, responding to the recent report from the SEC which criticized previous proposals as 'inadequate' due to their failure to specify the underlying market's name in surveillance-sharing agreements.
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