News

The U.S. Securities and Exchange Commission has been overhauling its digital asset legal strategy, and this week it dropped an appeal of the crypto dealer rule.

A year ago, policy gridlock stifled crypto. Now, change is happening with the Trump administration’s stance on crypto, fueling greater acceptance and momentum.

(Bloomberg) -- The US Securities and Exchange Commission is replacing its enforcement unit devoted to misconduct in the cryptocurrency markets, the latest sign of the regulator’s more friendly approach to digital assets.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million

The new lending product allows Bitcoin holders to access liquidity without selling their assets.

Metaplanet has announced the acquisition of an additional 68.59 BTC, increasing its total Bitcoin holdings to approximately 2,100 BTC.

(Bloomberg) -- Michael Saylor’s Strategy raised $2 billion from an issue of convertible debt after the Bitcoin treasury firm sweetened the terms for investors. It plans to use the proceeds for purposes including acquiring more of the digital token.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago

The convertible note offering is expected to close tomorrow.