Weekly Crypto Roundup: Major Developments and Challenges in the Crypto Sector
By: Eliza Bennet
- Trump Media Explores Crypto Initiatives: The Trump Media and Technology Group plans to integrate a crypto token and wallet into Truth+.
- PayPal's PYUSD Clears Regulatory Hurdle: The SEC concludes its investigation into PayPal's stablecoin without enforcement action.
- BlackRock Ventures into Blockchain: BlackRock seeks SEC approval for blockchain-enabled shares.
- FIFA's Blockchain Transition: FIFA plans to use an Ethereum-compatible blockchain for its NFT platform.
- Bitcoin Approaches $97,000: Bitcoin's price surges amid US job growth reports.
- Kraken vs North Korean Hackers: A North Korean operative attempted to infiltrate Kraken's ranks.
- Senate Moves Forward GENIUS Stablecoin Bill: The US Senate advances stablecoin legislation amid mixed support.
- Bitcoin Adoption Surges: Bitcoin solidifies its position amid growing institutional demand, while Ethereum interest declines.
