US Representative Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives, which includes provisions to fire Securities and Exchange Commission (SEC) Chair Gary Gensler. BlackRock has filed an application for a Bitcoin spot exchange traded fund (ETF), which would be the first crypto spot ETF in the United States if approved. Binance CEO Changpeng “CZ” Zhao has denied accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its BNB token.
