The Senate Agriculture Committee voted 12 to 11 along party lines to move forward with CFTC chair pick Michael Selig.Lawmakers in that committee earlier pressed Selig on whether the CFTC needs more funding to bulk up as the agency is set to take that central role in regulating digital assets.

[Ethereum Falls Below $2800] Ethereum price has fallen below $2800, with a daily decline of 7.44%.

OKX-ETH/USDT is currently trading at $2802.68, with a 5-minute increase of 0.09%. Please be aware of market fluctuations.

The price of Binance BTC/USDT has hit a near six-month low, currently at $86393.07, a decrease of 3.17% in 24 hours, with a turnover of $3.517 billion. After the price reaches a new low, there is a high probability of a price rebound. (AiCoin Research Institute)

USDm will be minted through Ethena’s USDtb system, giving the new stablecoin a reserve structure similar to one used by existing institutional-grade offerings.The pre-deposit program carries a $250 million cap, with individual deposits uncapped.