Bitcoin Price Taps $87K as SEC Moves to Unlock Institutional Custody
Driven by weak U.S. employment data and a major SEC regulatory proposal, bitcoin briefly reclaimed $87,000 for the first time since Sept. 23. Back near $85,000 as of this writing, bitcoin remains up over the last day. Bitcoin Reclaims $87,000 Amid Weak Labor Data In price action likely to fuel “Uptober” sentiment, the price of […]
Key Takeaways
- employment data and a major SEC regulatory proposal, bitcoin briefly reclaimed $87,000 for the first time since Sept.
- Back near $85,000 as of this writing, bitcoin remains up over the last day.
- Bitcoin Reclaims $87,000 Amid Weak Labor Data In price action likely to fuel “Uptober” sentiment, the price of […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Possible next crypto czar, Jay Clayton, began crypto's regulation-by-enforcement at SEC
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a watchdog of tech innovation.
Ripple Partner SBI Completes Takeover of Japanese Exchange Bitbank
SBI Holdings has taken full ownership of Bitbank on Oct. 1, folding one of Japan’s busiest XRP markets into one of Ripple’s oldest partners in Asia. The Deal The final share transfer went through on Oct. 1, making Bitbank a wholly owned subsidiary of SBI. The…
South Korea Opens $5 Trillion Market to Tokenized Stocks, Bonds in 2027
South Korea is laying the regulatory groundwork to bring stocks, bonds, funds and fractional securities onto blockchain infrastructure from February 2027. New FSC Rules Aim to Move Stocks and Bonds Onchain South Korea is preparing to move a significant…