BREAKING
- The SEC has approved the listing of eight Ethereum spot ETFs, which is very likely to drive substantial institutional inflows. Classification as a commodity marks a positive turnaround by the US securities regulator.
MORE
- The three largest $-stablecoins USDT, USDC and DAI exceed Visa's 2023 monthly transaction volume of $1.2 trillion.
- FinTech giant Stripe reintroduces crypto payments with USDC.
- The US Senate votes by a large majority to repeal the SEC's crypto-unfriendly SAB 121 rule. Biden initially vetoes the move.
- The US House of Representatives approves the FIT21 crypto bill, with this forward-looking draft creating the long-awaited clarity in the US crypto chaos.
- Donald Trump calls for US leadership in the crypto sector.
- The Wisconsin Investment Board becomes the first state pension fund to acquire Bitcoin ETFs.
- KfW plans to issue its first blockchain-based digital bond at the end of July.
- The EU regulator is considering permitting Bitcoin for UCITS products, a €12 trillion market for investment funds.
- Chainlink completes a pilot project with the DTCC to accelerate fund tokenization. JPMorgan, Templeton and BNY Mellon are involved; LINK gains 7%.
- Crypto platform Kraken enters a strategic partnership with DLT Finance to offer crypto products to German clients.
- Binance founder Changpeng Zhao receives a four-month prison sentence for money laundering violations.
SPEAKERS' CORNER
- In May we had interesting discussions with companies regarding the use of blockchain technology in the real world.
- In one case, the use of distributed ledger technology in the future realization of construction projects was examined.
- Specifically, this involves using blockchain technology for data storage: reducing administrative effort, immutability of data, real-time access to project data, documentation for audits, etc.
- Blockchain protocols addressing real-world use cases fall into the "DePIN" (Decentralized Physical Infrastructure Networks) category.
Translated from the German original, which is the authoritative version. Read the German version
