SPOT BITCOIN ETF WILL BE APPROVED SOON Lawmakers in the US House of Representatives are demanding that Gensler (the head of the SEC) immediately approve the placement of a Bitcoin ETF. The four lawmakers told Gensler there was “no reason to continue to deny” spot applications for cryptocurrency ETFs following the Grayscale ruling, which ruled that the SEC’s reasoning was “arbitrary and capricious” due to already approved investment vehicles tied to bitcoin futures.

China recognizes BTC as a digital currency The judges agreed that cryptocurrency is the personal property of citizens and, despite the lack of a single governing body, continues to be used throughout the world. 🇨🇳 The Shanghai government demands that innovative breakthroughs in blockchain-related technical fields be achieved by 2025 Shanghai plans to transform all major city systems.

Google Cloud is now a validator on the Polygon network According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network.