);)
Bo Hines, the executive director of the Cryptocurrency Council, revealed that a regulatory framework for stablecoins in the U.S. is expected to be finalized within a few months, in line with the government's intention to strengthen the dominance of the U.S. dollar. Hines said during a speech at the Digital Asset Summit in New York on the 18th that a comprehensive stablecoin regulation could be delivered to the President within a few months.
2. Reuters "Many Cryptocurrency Firms Seeking to Obtain Bank Licenses"
Reuters reported on the 18th that, based on interviews with 6 industry sources, numerous cryptocurrency fintech companies have been seeking to obtain bank licenses under the Trump administration. Reuters stated that the current administration has created a favorable environment for cryptocurrency firms to acquire licenses, and these firms are primarily aiming to gain public trust by obtaining bank licenses.
3. Nasdaq Requests SEC Listing of Polkadot Spot ETF
Nasdaq has requested the U.S. Securities and Exchange Commission (SEC) to approve the listing of a Polkadot (DOT) spot exchange-traded fund (ETF). Nasdaq submitted a '19b-4' ETF application to the SEC on the 18th to list an ETF that tracks the spot price of Polkadot.
4. Bernstein "Coinbase Stock to Rise 64% Under This Administration"
U.S. investment firm Bernstein predicted that Coinbase's stock price will rise to $310 due to the crypto-friendly policies of the Trump administration. In a report released on the 18th, Bernstein pointed to the U.S. government's adoption of cryptocurrencies and China's increasingly clear cryptocurrency regulations, stating that Coinbase's stock price could rise by around 64% from the current $188.
5. Metaplanet Purchases Additional 150 BTC, Holds Around 3,200 BTC
Japanese BTC accumulator Metaplanet has executed additional BTC purchases, bringing its total BTC holdings to around 3,200 BTC. According to a document released by Metaplanet on the 18th, the company invested approximately $12.53 million to acquire around 150 BTC at an average price of $83,706.
