The Latest Breaking News from SEC

The House – with significant support from Democrats – has passed FIT21, which could be the first step toward providing the crypto industry with a clear regulatory path forward.

Investors can now invest in bitcoin through traditional investment accounts rather than owning the cryptocurrency outright.

The FIT21 bill has the support of the cryptocurrency industry because it will deliver customer protections and long-sought-after regulatory clarity.

The House is poised to advance the comprehensive FIT21 bill today, which would establish a regulatory framework for the blockchain sector.

Some Democrats, including digital assets skeptics, have voiced support for FIT21, a largely Republican-backed bill that could establish clear regulatory guidelines for the crypto industry.

Don’t be swayed by hot investing trends. Smart investors embrace financial authenticity by following their own plans, not the herd.

Several spot Ether ETF applicants have submitted updated 19b-4 filings, suggesting that the SEC has finally provided comments on the applications and triggering a wave of optimism in the crypto industry for the funds that, unlike Bitcoin, have had a more difficult road toward approval.

The SEC appears to have made a sudden change of heart as it reportedly informed exchanges that it was leaning toward approving the much-anticipated spot Ether ETFs.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stock indexes closed moderately higher on Tuesday as they consolidated just below last...