In this episode of Coin Street headlines, we dive into the latest developments in the cryptocurrency world. We discuss how Coinbase CEO Brian Armstrong shares his optimism about U.S. Senators advancing key cryptocurrency market structure legislation by Thanksgiving. We explore Fidelity’s recent decision to offer Solana (SOL) to its clients amidst growing institutional interest in the Solana network as a hub for internet capital markets. Learn about Blockchain.com’s regulatory approval in Europe, having obtained a MiCA license from the Maltese Financial Services Authority, allowing them to provide custody and wallet services across 30 European Economic Area countries. We also cover the news of President Donald Trump pardoning Changpeng Zhao, who faced convictions related to federal anti-money laundering laws connected to Binance. Jane King with the latest from the NYSE.
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Here's a look at your Coin Street headlines.
Coinbase CEO Brian Armstrong says he's optimistic that US senators are moving closer to advancing key cryptocurrency market structure legislation by Thanksgiving.
According to Armstrong, roughly 90% of the legislative framework has already been agreed upon, with the remaining 10% focused on issues like decentralized finance.
Armstrong also underscored the import.
Of preserving stablecoin rewards in the wake of the Genius Act, which was passed earlier this year, and that set federal standards for stablecoin reserves, transparency, and consumer protections.
Well, Fidelity has opened the door to Sallana, making it available to clients, the addition of Sole comes amid growing institutional interest in the Sallana network as the community positions it as a hub of internet capital markets.
And Blockchain.com, one of the oldest crypto platforms operating a wallet and a Blockchain Explorer, has received regulatory approval in Europe as it ramps up compliance efforts.
Blockchain.com obtained a MIA license from the Maltese Financial Services Authority.
With the license, Blockchain.com is now able to provide custody and wallet services in 30 European Economic Area countries.
Well, President Donald Trump.
Pardon cryptocurrency titan CZ, who was convicted of violating federal anti-money laundering laws in connection with his crypto exchange Binance.
White House spokesperson Caroline Levitt said in an email, in their desire to punish the cryptocurrency industry, the Biden administration pursued CZ despite no allegations of fraud or identifiable victims, and that's the latest coin Street headlines.