EddieJayonCrypto

 23 May 24

tl;dr

• The Biden administration opposes H.R. 4763, calling for balanced crypto regulation• Florida court overturns a ban on Binance, stating regulators did not substantiate their case.• VanEck urges the SEC to prioritize approval of spot Ethereum ETFs based on the order of filings.• Institutional interes...

• The Biden administration opposes H.R. 4763, calling for balanced crypto regulation
• Florida court overturns a ban on Binance, stating regulators did not substantiate their case.
• VanEck urges the SEC to prioritize approval of spot Ethereum ETFs based on the order of filings.
• Institutional interest in Bitcoin ETFs is growing, with BlackRock close to overtake Grayscale.
• Rumors about Bybit's insolvency caused panic and significant fund outflows, although the exchange clarified the rumors were baseless.
• Ripple CEO Brad Garlinghouse criticizes SEC Chairman Gary Gensler over the FIT21 crypto bill, highlighting bipartisan support.

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