Daily | Ripple agrees to waive cross-appe; Fidelity plans to launch stablecoin
Reprinted from chaincatcher
03/26/2025·1MCompiled by: Vader, ChainCatcher
Important information:
- Cboe BZX Exchange has submitted an application to the US SEC and plans to list Fidelity Solana ETF
- Ripple agrees to waive cross appeal, US SEC will retain $50 million of its $125 million fine
- GameStop Includes Bitcoin in Company Reserve Assets
- Cryptocurrency KOL BitBoy arrested by police for disrupting order
- Strategy CEO, CFO and other executives buy the company's newly issued preferred shares
- Zhao Changpeng: Will not attend the Hong Kong Crypto Finance Forum
- US SEC Cryptocurrency Working Group will hold four new roundtables from April to June this year to discuss regulatory issues
- Market News: Fidelity plans to launch stablecoin
“What important events have happened in the past 24 hours”
Cboe BZX Exchange has submitted an application to the US SEC and plans to list Fidelity Solana ETF
According to the U.S. Securities and Exchange Commission (SEC) filing, Cboe BZX Exchange has filed a Form 19b-4 application to the SEC, proposing to list and trade shares in the Fidelity Solana ETF under BZX Rule 14.11.
Ripple agrees to waive cross appeal, US SEC will retain $50 million of its $125 million fine
"Last week, the Securities and Exchange Commission (SEC) agreed to waive the appeal unconditionally. Ripple has now agreed to waive its cross-appe. The SEC will retain $50 million of the $125 million fine (which has been deposited in cash into the interest-bearing escrow account), and the remainder will be returned to Ripple. The agency will also request the court to lift the standard injunction previously imposed by the SEC. All of this will be subject to a vote by the committee, drafting of final documents, and regular court proceedings."
GameStop Includes Bitcoin in Company Reserve Assets
GameStop, a gaming retailer, updated its investment policy to include Bitcoin in its company's reserve assets. "The company's investment policies allow investment in certain cryptocurrency assets, including Bitcoin and US dollar stablecoins, and if the company acquires Bitcoin or US dollar stablecoins, the company will face specific risks associated with Bitcoin or stablecoins; and the company's ability to maintain effective internal financial reporting controls," the document said.
Cryptocurrency KOL BitBoy arrested by police for disrupting order
The well-known cryptocurrency KOL Ben Armstrong (BitBoy) was arrested by police after clashing with employees at a Popeyes restaurant today. The video on site showed that he was emotional and confronted the staff. The specific cause of the conflict is still to be disclosed by the police. As a KOL with millions of followers, the incident has sparked widespread discussion in the crypto community.
Strategy CEO, CFO and other executives buy the company's newly issued preferred shares
According to Barron's report, three Strategy executives took advantage of the company's recent preferred stock issuance opportunity to snap up low-priced shares with a yield of nearly 12%.
According to the Securities and Exchange Commission’s disclosure documents, several insiders of Strategy (formerly MicroStrategy) bought their latest preferred shares, involving executives such as the company’s CEO and CFO. CEO Phong Le bought 6,000 shares for $85, Chief Financial Officer Andrew Kang bought 1,500 shares, and General Counsel Wei-Ming Shao bought 500 shares.
Strategy previously announced that it would issue 5 million Series A Perpetual Strife Preferred Stock, with a par value of US$100 per share, and it will receive $500 million incremental funds to implement the Bitcoin strategy, but then increased the issuance to 8.5 million shares and lowered its price per share to US$85.
Zhao Changpeng: Will not attend the Hong Kong Crypto Finance Forum
Binance founder Zhao Changpeng said in a tweet that he would participate in the Hong Kong Crypto Finance Forum that it may be a communication mistake that led to the misunderstanding, but he will not attend the event.
According to the SEC official website, the U.S. Securities and Exchange Commission (SEC) Cryptocurrency Working Group announced that it will hold four new round tables from April to June 2025, covering issues such as crypto trading, custody, asset tokenization and DeFi. The time and themes of the four public roundtables are: April 11 “Tailed Supervision for Crypto Transactions”, April 25 “Key Issues of Custody Institutions”, May 12 “Integration of Assets on Chain and Traditional Finance”, and June 6 “DeFi and American Spirit”.
Commissioner Hester Peirce called this a "spring sprint to a clear encryption" and marked a new direction for the SEC to move from law enforcement to cooperation and clear regulatory frameworks. The meeting will be open to the public and broadcast live online.
Market News: Fidelity plans to launch stablecoin
According to market news, Fidelity plans to launch a stablecoin to promote and support the development of the digital asset industry, and the specific details have not been disclosed yet.
“What are some great articles worth reading in the past 24 hours”
Stablecoins, asset tokenization and decentralized exchanges (DEXs) are the focus of TradFi.
GameStop entered the game "accidentally"? Can BTC stabilize its footing
The U.S. February core PCE price index, which will be released on Friday, may become a key variable to break the market balance.
Interview with Binance founder Zhao Changpeng: Four months that change life
In prison, everything outside of you is gone, and what I miss most is not work, but family and friends.
"Did you lose the bet? It doesn't matter, just change the answer."
Surface victory, deep water surging: Movement The storm is not over yet
Fairness and transparency are still the most important cornerstone of the crypto industry.
Even tokens that initially appear in pure form may eventually go out of control because people constantly test their limits.
Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of March 26, 19:50:
The top five popular Ethereum tokens in the past 24h are: DOPE, KEKIUS2, SHIB, TALK, EIC
The top five popular tokens in the past 24h are: abpepe, Ansem, RXL, AGIXT, Fartcoin
The top five popular tokens in the past 24h Base are: SIGMAI, TIMI, AMC , CHIRP, Puppy
panewslab