Securities and Exchange Commission approves Nasdaq Texas rule for commodity-linked funds
The U.S. Securities and Exchange Commission has approved a Nasdaq Texas rule that allows eligible commodity-linked funds to allocate up to 15% of net asset value to specified digital commodities. This development marks a progressive step toward integrating digital assets into traditional financial frameworks.
⚡ The European Commission expands the central point of contact framework to include crypto service providers
The European Commission adopted a delegated regulation to expand its central point of contact framework to cover digital asset service providers (CASPs). This requires crypto exchanges and similar companies operating in member states to designate a central point of contact, with the aim of strengthening regulatory oversight and combating illicit financial activities.
📉 Bitcoin faces sell pressure from long-term holders near $83,000 - $85,000
Glassnode reports that Bitcoin is facing sell pressure from long-term holders in the $83,000 to $85,000 range. Despite this, investors continue to accumulate BTC at these price levels, indicating mixed sentiment and potential resistance.
The U.S. Securities and Exchange Commission has approved a Nasdaq Texas rule that allows eligible commodity-linked funds to allocate up to 15% of net asset value to specified digital commodities. This development marks a progressive step toward integrating digital assets into traditional financial frameworks.
⚡ The European Commission expands the central point of contact framework to include crypto service providers
The European Commission adopted a delegated regulation to expand its central point of contact framework to cover digital asset service providers (CASPs). This requires crypto exchanges and similar companies operating in member states to designate a central point of contact, with the aim of strengthening regulatory oversight and combating illicit financial activities.
📉 Bitcoin faces sell pressure from long-term holders near $83,000 - $85,000
Glassnode reports that Bitcoin is facing sell pressure from long-term holders in the $83,000 to $85,000 range. Despite this, investors continue to accumulate BTC at these price levels, indicating mixed sentiment and potential resistance.