Crypto Market Daily Update | Bitcoin retreated to $88,000, while Ethereum fell below $3,000 again; Reuters: The White House will convene a meeting with banking and cryptocurrency industry executives next Monday to advance the legislative progress of the C
On January 29, news emerged that the cryptocurrency market had declined. As of press time, $Bitcoin (BTC.CC)$Bitcoin fell by 1.29%, trading at $88,322.91; $Ethereum (ETH.CC)$Ethereum dropped by 1.63%, trading at $2,959.35.
Key Focus
The U.S. Securities and Exchange Commission (SEC) issued a statement providing an official interpretation on the classification of tokenized securities and their legal applicability to clarify the scope of federal securities laws for crypto assets. The statement defines ‘tokenized securities’ as financial instruments represented in the form of crypto assets, with ownership records maintained entirely or partially through cryptographic networks. The core classifications include tokenized securities initiated by…
