In recent crypto news, the SEC is reportedly evaluating a new standard for crypto exchange-traded funds (ETFs) that could streamline the approval process, allowing issuers to bypass certain filings if the SEC doesn’t object within 75 days. This potential change aims to attract investment into altcoin markets. Meanwhile, Deutsche Bank aims to launch a digital assets custody service by 2026, partnering with the Austria-based Bitpanda exchange, after signaling its increasing interest in cryptocurrencies since 2020. Additionally, US senators are attempting to integrate crypto-related amendments into ongoing legislation, with Senator Cynthia Lummis proposing changes to crypto taxation that would prevent taxes on transactions under $300. Previously, the Senate rejected an amendment preventing government officials from promoting digital assets. Lummis argued that limiting such promotions could harm American innovation and competitiveness.

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