VanEck Launches Solana ETF, Stirring Investor Interest in Altcoin Market

The post Tim Scott Pushes for Crypto Bill Vote in Senate Committee appeared on BitcoinEthereumNews.com. Key Points: Senator Tim Scott leads crypto market structure bill efforts. Committee vote scheduled next month, full Senate in 2026. Potential impact on U.S. crypto regulatory clarity. U.S. Senate Banking Committee Chairman Tim Scott has announced plans to push for a vote on cryptocurrency market structure legislation in committee next month. The bill aims to strengthen U.S. economic leadership by clarifying digital asset regulations, potentially impacting securities and commodities market oversight and enhancing consumer protections. Regulatory Push: SEC, CFTC Roles Redefined Tim Scott aims to push the cryptocurrency market structure bill through the Senate Banking and Agriculture Committees by the end of the year. The legislation clarifies regulatory oversight, dividing it between the SEC and CFTC. Additional AML and consumer protection provisions are included. The bill’s passage could bring significant regulatory clarity to crypto markets, impacting institutional flows and the trading framework. The legislation also fosters financial innovation by creating regulatory sandboxes and pilot programs. By the end of this year, next month, we believe we can mark up and vote in both committees and get this to the floor of the Senate early next year so that President Trump will sign the legislation… Reactions vary across the board, with lawmakers and industry players watching closely. Paul Grewal, Coinbase’s Chief Legal Officer, expressed optimism, stating, “we’re going to get it done” despite remaining obstacles. Potential Market Effects and Expert Commentary Did you know? The proposed legislation could mirror the CLARITY Act of July 2025, which modestly increased TVL on major U.S. exchanges, showcasing prior regulatory clarity impacts. Ethereum (ETH) trades at $3,027.19 with a market cap of $365.37 billion, experiencing recent declines of 25.77% over 30 days, according to CoinMarketCap. Its 24-hour trading volume has decreased by 28.37%, providing an overall market snapshot. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at…

The post Solana ETF BSOL Logs Over $580M in Inflows in Three Weeks, Bitwise CEO Says appeared on BitcoinEthereumNews.com. COINOTAG News reports on November 19 that Bitwise Solana ETF (BSOL) has drawn persistent investor interest, with daily inflows on each trading day over the past three weeks, according to a post by Hunter Horsley, CEO of Bitwise on X. Since its launch, BSOL has amassed more than $580 million in inflows. The sustained pace signals a growing appetite for Solana ETF exposure within the crypto-asset space, as market participants weigh the BSOL liquidity narrative and the robustness of inflows across multiple sessions. As liquidity trends persist, traders will monitor performance metrics and regulatory signals to assess the durability of such inflows and the potential impact on liquidity provisioning for BSOL and related crypto ETFs. Source: https://en.coinotag.com/breakingnews/solana-etf-bsol-logs-over-580m-in-inflows-in-three-weeks-bitwise-ceo-says

The post Singapore’s MAS slams unregulated stablecoins, pledges new law appeared on BitcoinEthereumNews.com. Homepage > News > Finance > Singapore’s MAS slams unregulated stablecoins, pledges new law The Monetary Authority of Singapore (MAS) has blasted unregulated stablecoins, which it says “have a patchy record of keeping their peg.” In his speech at the Singapore Fintech Festival, MAS’ managing director Chia Der Jiun touted tokenized assets as the next evolution of the financial services industry, while criticizing public permissionless blockchain networks and unregulated stablecoins. Singapore to table new stablecoin legislation Stablecoin adoption has skyrocketed in recent years, with the combined market cap adding $100 billion this year alone. However, Singapore’s de facto central bank still perceives unregulated stablecoins as a threat to the country’s financial stability. Jiun drew parallels between stablecoin depegs and the 2008 financial crisis, where the collapse of some money market funds triggered runs on the rest of the market. “Such unregulated stablecoins would not be suitable as safe settlement assets for large wholesale transactions,” he stated. Singapore has a fraught history with digital asset collapses. The city-state was the corporate home of Terraform Labs, the company behind UST, the algorithmic stablecoin whose collapse (along with its sister token LUNA) wiped out over $55 billion directly and triggered wider market losses. The city is also home to Three Arrows Capital, a ‘crypto’ hedge fund that was at the heart of the resulting 2022 capitulation. The MAS believes that newer, well-regulated stablecoins offer value without sacrificing stability. It wants Singapore to become a global leader in establishing enabling policies for stablecoin issuers, and it’s now working on new guidelines for the sector, Chiun revealed. “MAS recognises this and has finalised the features of our stablecoin regulatory regime and will be preparing draft legislation. Under our regime, we have given importance to sound reserve backing and redemption reliability,” he told the attendees. The…