Hong Kong Approves First Spot Solana ETF, Surpassing US in Crypto ETF Race

Hong Kong has once again cemented its leadership in the global crypto news landscape by approving its first spot Solana (SOL) exchange-traded fund (ETF), beating the US to this milestone and extending its edge over Western regulators in embracing innovative blockchain technology. The move makes Hong Kong the latest jurisdiction after Canada, Brazil, and Kazakhstan, to advance spot…

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US Government Shutdown Extends to Third Week, Stalling Crypto ETF Approvals and Altcoin Surge

The US federal government shutdown has stretched into its third week, causing serious delays in the highly anticipated wave of crypto exchange-traded fund (ETF) approvals and leaving the digital asset industry in limbo. With the Securities and Exchange Commission (SEC) operating on a skeleton crew, decisions on at least 16 crypto ETFs including those tracking…

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