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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
The SEC's deadline for approving four Solana ETFs is approaching, with experts predicting delays until the next deadline on March 11. Analysts believe that the lack of a regulated US futures market for Solana, unlike Bitcoin and Ethereum, will hinder approval, although expectations for a more favorable regulatory environment may arise under new leadership. In the meantime, Bitcoin has risen 1.7% to $93,514, while Ethereum has dipped 0.2% to $3,244.
The crypto industry faced significant challenges in 2023, highlighted by Binance executive Tigran Gambaryan's eight-month imprisonment in Nigeria and the conviction of Tornado Cash developer Alexey Pertsev for money laundering. As regulatory scrutiny intensified under SEC Chair Gary Gensler, the crypto lobby mobilized substantial funds for the 2024 elections, anticipating a shift in regulatory dynamics with the incoming Trump administration. The focus is expected to shift towards international regulations, particularly in the EU, while the US may become a more favorable environment for crypto entrepreneurship.
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14:41 10.01.2025
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17:04 23.12.2024
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