U.S. Presidential Race

Regulator’s choice not to challenge Grayscale Investments’ Court of Appeals win among the bullish signs for eventual spot bitcoin ETF approval.

“The SEC's reliance on an enforcement-only approach in the absence of clear rules for the digital asset industry is hurting America’s economic competitiveness and companies like Coinbase that have a demonstrated commitment to compliance,” said Paul Grewal, Coinbase’s chief legal officer and general counsel, who said the solution will be action from Congress. “In the meantime, we’ll continue to operate our business as usual.”

Former President Donald Trump said today that he’ll ensure cryptocurrency can be used for his campaign donations.