);)
France's representative bank, Societe Generale, has launched a dollar-pegged stablecoin through a partnership with New York Mellon Bank. On the 10th, Societe Generale officially announced that it will issue a stablecoin 'USD Convertible (USDCV)' on Ethereum and Solana Block Chains and integrate USD Convertible into the existing financial ecosystem.
2. US House Agriculture Committee Passes CLARITY Act Specifying Cryptocurrency Regulatory Agency
The US House Agriculture Committee passed the CLARITY Act on the 10th, which includes provisions specifying the regulatory agency for certain cryptocurrencies. The CLARITY Act stipulates that specific cryptocurrencies must fall under the jurisdiction of either the US Securities and Exchange Commission (SEC) or the US Commodity Futures Trading Commission (CFTC), establishing corporate operating systems and rules accordingly. The CLARITY Act passed with a vote of 47 to 6 in the House Agriculture Committee and will now be referred to the House.
3. Foreign Media: "Solana Spot ETF May Be Approved in 3-5 Weeks"
On the 10th, foreign media Block Works reported through a source's testimony that the SEC may approve the Solana (SOL) spot Exchange Traded Fund (ETF) within 3-5 weeks. Block Works' source said that the SEC requested next week for the S-1 document revision from Solana spot ETF applicant companies and that the SEC will provide comments on the S-1 revision form within 30 days.
4. Coinbase: "60% of Fortune 500 Companies Adopting Blockchain"
Coinbase announced in a report on the 10th that 3 out of 5 Fortune 500 companies are pursuing blockchain initiatives. According to Coinbase's report, half of the surveyed companies increased their blockchain spending, and 1 in 5 said blockchain is a core part of their company strategy.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
