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Matthew Siegel, head of VanEck's digital assets (cryptocurrency), recently revealed that VanEck's application for the Solana (SOL) spot exchange-traded fund (ETF) was a bet on former President Trump's re-election as U.S. president. In an interview with Crypto Slate, a media outlet specializing in digital assets, on the 1st, he said that Van Eck had judged that a new chairman of the U.S. Securities and Exchange Commission (SEC) would emerge if Trump was elected, and that the likelihood of approval of the Solana spot ETF would increase. Director Siegel then argued that if the Biden administration returns to power, the likelihood of Solana spot ETF approval will converge to '0'.
2. Kiyoung Joo, CEO of CryptoQuant “Current boring market, an opportunity for investors”
Ki-young Ki, CEO of CryptoQuant, recently argued that the market is a good time for investors to start buying. He said that the recent market is a 'boring market' with little volatility and that historically, whales have always been buying at this point. He then emphasized, “The digital asset market is still in a bullish market, and this boring market is an opportunity for investors.”
3. Circle, the first stablecoin to obtain a license to comply with the EU integrated regulation ‘Mica’
Circle, the stablecoin USDC issuer, became the first stablecoin issuer to comply with the EU's integrated cryptocurrency regulation 'Mica' and was granted an official license by French regulators on the 1st. The French Financial Safety Authority (ACPR) announced that Circle can issue USDC and euro-linked stablecoin 'Euro Coin (EURC)' in the EU region as it complies with Mica.
4. SEC indicts Ethereum developer... “Metamask violates securities laws”
The SEC filed a lawsuit against Ethereum developer ConsenSys on the 1st. The SEC's indictment states that ConsenSys' flagship wallet, MetaMask, violated securities laws by acting as an unregistered securities broker.
Reporter Seungwon Kwon ksw@
