Congressmen Todd Emmer and Darren Soto have sent a bipartisan letter to the Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, questioning why the agency denied the approval of a bitcoin spot exchange-traded fund (ETF) while approving a bitcoin futures ETF.
El Salvador’s president Nayib Bukele has announced a new public project which is going to be funded using surplus from the country’s bitcoin fund. In a press conference, Bukele revealed plans for the country’s first 20 “bitcoin schools.”
Nasdaq-listed cryptocurrency exchange Coinbase is testing a subscription service that lets users trade without paying fees on each transaction. Customers would still pay spread fees on cryptocurrency transactions made using the service.
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Top stories in the Crypto Roundup today:
- U.S. Lawmakers Urge SEC Chair to Approve Bitcoin Spot ETF
- El Salvador Announces Bitcoin Education Project
- Coinbase Tests Commission-Free Subscription Service
- What Is a Gold-Backed Cryptocurrency?
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