Prop firm news

The US did not tighten cryptocurrency regulation: reporting on withdrawals from $10,000 has been withdrawn

FinCEN has withdrawn from consideration two major draft rules for cryptocurrencies: reporting on transfers to personal wallets from $10,000 and a separate control regime for crypto mixers. Both proposals had been under consideration for years but never came into force.

SEC approved 3x leveraged BTC and ETH ETFs - a new step in cryptocurrency regulation

On October 2, the SEC allowed the listing on Cboe BZX of two new Volatility Shares funds - 3x Bitcoin ETF and 3x Ether ETF. They are designed for triple the daily movement of BTC and ETH and trade on the exchange like regular stocks.