SEC

The second-largest cryptocurrency has briefly reached a $3,000 mark unseen since April 2022 amid speculations that the Ethereum spot ETF could win the SEC’s approval as early as May.

In a move to address regulatory gaps, US Treasury Secretary Janet Yellen advocates for federal oversight on stablecoins, aiming to enhance investor and financial system protection.

In a January 26 keynote speech at an American Bar Association event, the CFTC boss voiced his concerns regarding the risks introduced by the SEC’s approval of Bitcoin ETFs.

After Wednesday’s landmark Bitcoin spot ETF approval, the crypto community anticipates that the second-biggest cryptocurrency will follow suit soon.

Despite the earlier pessimistic report by Matrixport, the broad crypto market seems strongly convinced that a spot Bitcoin exchange-traded fund will be approved by January 15.

Gary Gensler, a dreaded name in the cryptocurrency space, became Wall Street's cop three years ago and has since focused his agency's efforts on taming the crypto's Wild West.

Introducing Justin Sun, the controversial blockchain pioneer behind TRON, whose innovative ventures into the digital world have amassed a sky high net worth.