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On the 5th, the U.S. Securities and Exchange Commission (SEC) announced through an official statement that as part of clear cryptocurrency regulations, liquidity staking of certain cryptocurrencies will not be classified as securities activities. The SEC explained that based on the Securities Act of 1933 and 1934, it will not classify the form in which cryptocurrency holders deposit and receive rewards as securities.
2. Brazilian House of Representatives Announces Discussion of Government's Bitcoin Acquisition Bill
On the 5th, the Brazilian House of Representatives announced through its official website that it will discuss a bill allowing government-level Bitcoin (BTC) acquisition. The Brazilian House of Representatives stated that it will hold an official hearing on the 20th, inviting representatives from the Brazilian Central Bank, Brazilian Ministry of Finance, cryptocurrency advocacy associations, fintech companies, and banking industry to discuss the Bitcoin acquisition bill legislation.
3. Philippine SEC Warns Global Exchanges to Cease Operations... Including OKX, Bybit, and Kraken
On the 5th, the Philippine SEC issued a recommendation for 10 cryptocurrency exchanges operating without a license in the country. The exchanges that received the SEC's operating suspension warning include OKX, Bybit, KuCoin, Kraken, MEXC, Bitget, Pemex, CoinEX, BitMart, and Polonix.
4. Vitalik Buterin Proposes Simplification of Ethereum Transaction Fees
Ethereum founder Vitalik Buterin proposed an upgrade plan 'EIP-7999' on the 5th aimed at reducing transaction fees on the Ethereum network. The EIP-7999 proposed by Buterin includes content about users paying a single transaction fee for multiple operations.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
