SEC Chairman Atkins Unveils Reform Plans for Cryptocurrency Policy
SEC Chairman Paul Atkins announced on Monday during a public meeting that cryptocurrency policies will be revised. Atkins stated that they plan to introduce new rules for the distribution of tokens with securities characteristics and will work on additional exemptions for certain situations. This move is part of the SEC’s initiative to provide the cryptocurrency market with a clearer and more enforceable legal framework.
Xi Jinping: There Are No Winners in Customs and Trade Wars
Chinese President Xi Jinping, speaking at the China-Latin America Forum, drew attention to growing risks around the world, saying, “There are no winners in customs tariffs and trade wars.” Xi emphasized that international solidarity and cooperation are the only path to peace and prosperity.
Dell Rejects Adding Bitcoin to Its Balance Sheet
Dell rejected a shareholder proposal to add Bitcoin to the company’s balance sheet. In its response dated May 9, management stated that such proposals could complicate the company’s micro-level management and strategic decision-making process.
New York Mayor: “We Will Make New York the Global Capital of Cryptocurrency”
Eric Adams announced that New York will host the first New York Crypto Summit on May 20. Adams praised blockchain’s potential for financial inclusion and reiterated New York’s goal of becoming a leading center for crypto innovation outside of Silicon Valley.
Coinbase to Be Included in the S&P 500 Index on May 19
According to Beincrypto, Coinbase will replace Discover Financial in the S&P 500 index on May 19. This makes Coinbase the first pure-play crypto company to be included in the S&P 500. This development marks an important step in the integration of the crypto sector with traditional finance.
Latvia’s Economy Minister: Bitcoin Reserve Is Just a Matter of Time
Latvia’s Economy Minister stated that the inclusion of Bitcoin in national reserves is inevitable. “This strategic decision does not carry significant risks,” he said, implying that Latvia may take steps in this direction in the future.
The Blockchain Group Strengthens Bitcoin Funding Strategy
Europe-based Blockchain Group raised a total of 22 million euros last week. In the first round, it secured 9.9 million euros through equity financing, and in the second round, it received 12.1 million euros in Bitcoin-convertible bonds backed by Blockstream CEO Adam Back. The company plans to use these funds to accelerate its Bitcoin-backed projects.
Truth Social Denies Rumors of Launching a Meme Coin
Trump’s social media platform Truth Social has denied rumors that it plans to launch a new meme coin. The official statement was made following previous speculation.
ZKsync Official Account May Have Been Hacked
Following suspicious airdrop announcements on ZKsync’s social media account, there are suspicions that the account may have been compromised. BlockBeats users have warned of fake links and the risk of fraud.
US Bitcoin Spot ETFs Recorded a Net Inflow of $5.2 Million on May 13
According to Farside Investors, US Bitcoin spot ETFs saw a net inflow of $5.2 million on May 13. BlackRock’s IBIT product stood out with a net inflow of $69.4 million.
Ethereum Spot ETFs Saw a Net Outflow of $17.6 Million on May 13
On the same day, Ethereum spot ETFs saw a net outflow of $17.6 million. This indicates that investors are being cautious about their Ethereum positions in the short term.
by Darkex Research – 1 min read
