The Daily: SEC and CFTC sign crypto coordination pact, Ripple launches $750 million share buyback program, and more
The SEC and CFTC are coordinating on crypto policy, Ripple initiated a $750 million share buyback, and geopolitical factors are influencing Bitcoin markets.Summary
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have signed a memorandum of understanding to coordinate crypto policy and financial market regulation, aiming for innovation while protecting investors. Ripple has launched a $750 million share buyback program, valuing the company at $50 billion. Geopolitical tensions and rising oil prices are now major influences on Bitcoin markets, according to CoinShares. Other news includes Tether's investment in Ark Labs, a dismissed Binance lawsuit (with potential for amendment), Optimism's staff reduction to focus on key priorities, and prosecutors opposing a retrial for Sam Bankman-Fried. Upcoming economic data releases include UK GDP and US GDP/PCE numbers.
(Source：The Block)