Haider Rafique, Global Managing Partner of OKX, stated that the cryptocurrency industry should promote regulatory framework clarity in the United States, Europe, and other regions around the world to enhance market stability and transparency. (Cointelegraph)
The region's regulators emphasized that a product's actual function as a derivative matters more than its commercial name or labeling when assessing compliance.
According to Farside monitoring data, the US Bitcoin spot ETF had a net outflow of $526.1 million this week, while the Ethereum ETF had a net outflow of $13.7 million.
According to Onchain Lens monitoring, Circle has minted 280 million USDC on the Solana chain, with a total of 64.53 billion USDC minted on the Solana chain so far this year.