Crypto ETF Floodgates Set to Open as SEC Softens Stance
The SEC just dropped a major hint that a wave of crypto ETFs—from Solana and XRP to a Trump meme coin fund—could soon hit the market.

The SEC just dropped a major hint that a wave of crypto ETFs—from Solana and XRP to a Trump meme coin fund—could soon hit the market.
Turkey has become the latest country to restrict major crypto platforms, with its Capital Markets Board (CMB) cutting off access to PancakeSwap and 45 other websites.
Hong Kong’s financial regulators are preparing to issue stablecoin licenses under a new framework launching in August, with approvals expected to be highly selective, Secretary Christopher Hui revealed in Ming Pao.
Elon Musk’s America Party is going full Bitcoin. When questioned on X, he dismissed fiat with his signature brevity: “Fiat is hopeless, so yes.”
Republican leaders in the House have scheduled July 14–18 as “Crypto Week” to advance three key digital asset bills:
Singapore has granted crypto exchange Bitstamp a license to operate, reinforcing its role as a leading digital asset hub in Asia—even as regulators impose strict barriers to entry.
US Senator Cynthia Lummis unveiled a new bill Thursday aimed at reforming crypto taxation after related amendments were excluded from the recent budget package.
Grayscale’s plans to convert its Digital Large Cap Fund into an ETF have hit a snag after the SEC issued a stay, pausing the process despite earlier approval.
A New York bankruptcy judge has ruled that Celsius can advance most of its $4.3 billion lawsuit against Tether, the stablecoin issuer.
Ripple just applied for a national banking license, aiming to operate under both state and federal regulators, a rare move that CEO Brad Garlinghouse calls a “unique benchmark for trust.”
Deutsche Bank is jumping into crypto custody, with a planned 2026 launch.
The SEC’s accelerated approval of Grayscale’s Digital Large Cap ETF marks a pivotal moment for crypto adoption in traditional markets.
Arizona Governor Katie Hobbs has rejected House Bill 2324, which proposed the creation of a state-managed reserve fund for cryptocurrency assets seized through forfeiture.
Germany’s Sparkassen-Finanzgruppe is making a strategic push into cryptocurrency trading, with plans to serve retail clients by 2026, Bloomberg reports.
Fresh off a red-hot IPO, Circle Internet Group is making waves again—this time by applying for a US national banking license.

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