🇺🇸 The asset manager ProShares launches the GENIUS Money Market ETF, the first fund designed to hold reserves compliant with the requirements of the GENIUS Act for stablecoin issuers.
🇺🇸 LAST MINUTE: The SEC Chairman, Paul Atkins, states that regulators should not panic in response to the drop in cryptocurrency prices.
"It is not the regulator's role to worry about daily market fluctuations," he added, specifying that the focus should be on long-term transparency and regulatory clarity.
🟡 Changpeng Zhao claims to have encouraged the United Arab Emirates to buy Bitcoin.
According to him, the country now considers BTC as a store of value comparable to gold. He also indicates that the Emirates already hold more than 1 billion dollars in Bitcoin.
For CZ, some states are beginning to treat Bitcoin as a strategic national asset, on the same level as gold 🔥
🚨 OpenAI finalizes a fundraising of over 100 billion $, led by Amazon, SoftBank, and Nvidia, which would value the company at over 850 billion dollars, according to Bloomberg.
LAST MINUTE: 🇦🇪 The Abu Dhabi Investment Council announces the establishment of a Bitcoin investment portfolio, as it is a "store of value comparable to gold" — Bloomberg
🇺🇸 BREAKING: A third meeting on stablecoin performance is scheduled for tomorrow at 9 AM ET at the White House, with a small delegation from crypto and banking expected to attend, reports Eleanor Terrett.