In today's crypto news, Michael Saylor has confirmed his company's 11th consecutive week of Bitcoin purchases, amassing a total of 592,345 BTC valued over $63 billion. This streak indicates a strong push for corporate adoption of Bitcoin. Meanwhile, crypto startups in Kenya are voicing concerns about the proposed virtual asset service providers (VASP) Bill, arguing that it could grant excessive influence to a Binance-linked lobby group, potentially skewing competition in the local digital asset market. Stakeholders have raised alarms over the lack of independence of the Virtual Asset Chamber of Commerce, which is closely tied to Binance. Finally, analysts have reported that ETF provider REX Shares is positioned to launch a Solana staking ETF imminently, indicating positive feedback from the US Securities and Exchange Commission (SEC) regarding its proposal. This development could signal an encouraging move for cryptocurrency investment vehicles.

Source 🔗