);)
The Federal Deposit Insurance Corporation (FDIC) announced a new supervisory guideline 'FIL-7-2025' on the 29th, stating that approximately 5,000 financial institutions in the United States can conduct cryptocurrency-related activities without prior notification. The FDIC stated that it will allow financial institutions to participate in cryptocurrency business with the aim of innovating and developing the industry.
2. US CFTC Announces Additional Surveillance Exemption for Cryptocurrency Derivatives
The US Commodity Futures Trading Commission (CFTC) announced a new regulatory guideline on the 29th, stating that it will withdraw the additional monitoring system for cryptocurrency derivatives. Previously, in May 2023, the CFTC had issued guidelines for additional surveillance of derivatives due to the risks associated with the spread of the cryptocurrency market.
3. Nasdaq Applies for Listing Approval of Grayscale Avalanche Spot ETF
Nasdaq requested the US Securities and Exchange Commission (SEC) on the 30th to approve the listing of Grayscale's Avalanche (AVAX) spot exchange-traded fund (ETF). According to the ETF review request '19b-4' submitted by Nasdaq to the SEC, the Nasdaq exchange requested the listing of Grayscale's designed Avalanche spot ETF.
4. Circle Releases Development Kit for Easy Stablecoin Integration for Businesses
On the 30th, Circle, the issuer of stablecoin USDC, released a software development kit 'USDC Kit' to support businesses in easily implementing stablecoin payment systems.
5. Robert Kiyosaki: "The World is Already in Recession... Buy Bitcoin"
Bestselling author Robert Kiyosaki stated on the 29th through his X account that the global economy has fallen into a recession, and therefore recommended saving Bitcoin (BTC), gold, and silver. He claimed that at a time of soaring inflation, people are accumulating fake money, which is further exacerbating inflation.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
