SEC’s Gary Gensler said that DC courts are focusing on Bitcoin ETF applications and offer a new valuation perspective to the applications based on the decisions of these courts.
The Basel Committee is tightening banking standards for stablecoins and will introduce due diligence requirements, including special reserve standards and statistical stability tests.
At the time of writing, Bitcoin (BTC) is trading at $42,642 and Ethereum (ETH) is trading at $2,269. The fear and greed index is “70”, which is the level of greed.
The main developments that occurred during the day: