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News 2025 October 1, 00:01 (24 days ago )

6 Hours Crypto Highlights: XRP, CFTC, Bitcoin, South Korea, Regulation, Custodians | Market Moves Unfold

Recent regulatory developments have stirred the crypto space, particularly with the SEC's guidance allowing firms like #Ripple, #Coinbase, and #BitGo to act as custodians. This move aims to clarify the role of custodians in the digital asset ecosystem, potentially easing compliance burdens for these companies.

In a surprising political shift, the White House has withdrawn the nomination of Brian Quintenz for the CFTC, raising questions about the future of regulatory oversight in the crypto market. Quintenz’s withdrawal may impact ongoing discussions about cryptocurrency regulations and market stability.