What happened today in the crypto market? Here’s the recap of the Coin 👇
🇺🇸 The SEC approves new listing standards for commodity-based ETFs, allowing certain crypto products to be listed without specific approval.
🇺🇸 The SEC approves the Grayscale Digital Large Cap Fund, the first multi-crypto ETP listed in the United States, offering exposure to Bitcoin, Ethereum, XRP, Solana, and Cardano.
🫱🏼🫲🏾 DBS Bank partners with Franklin Templeton and Ripple to list the tokenized money fund sgBENJI and the stablecoin RLUSD on its DBS Digital Exchange platform.
🇬🇧 The Bank of England keeps its base rate at 4%, in line with market expectations.
🇦🇺 The Australian Securities and Investments Commission (ASIC) grants a regulatory exemption allowing intermediaries to distribute stablecoins issued by licensed financial service providers without additional licensing.
Good evening everyone 🌙
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