The Morning Minute (12.17)Powered by @yeet⏰Top News:-Crypto majors mostly chop on day; BTC at $87,000-Visa expanded its stablecoin settlement to U.S. banks, leveraging Solana-FDIC greenlights proposal showing how U.S. banks can issue their own stables-Rainbow Wallet announces TGE for Feb 5, 2026 along with airdrop-Cantor Fitzgerald calls for $200B+ price target on HYPE in new report🌎 Macro Crypto and Memes-Crypto majors were mostly flat; BTC -0.3% at $87,000; ETH -1% at $2,930, BNB -1% at $858, SOL even at ...

LATEST: 🏦 The FDIC has proposed a framework that would allow US banks to apply for approval to issue payment stablecoins through subsidiaries, marking the first major regulatory implementation of the GENIUS Act. https://t.co/MEomh7XWNH ...

The FDIC just announced one of the craziest things around the crypto market and we have to put a spotlight on this because it is so crucial for XRP in the sense of stable coin initiatives. So, let's first start off with talking about what's been happening around the stable coin side of the market. Now, I'm going to go over this here in a second with Visa, but looking at stable coins, we're well over $300 billion now in market cap.We're still sitting at about roughly five and a half trillion dollars in month ...

I have a question about the independence of regulatory agencies. Start with the Fed. Do do you see your regulatory agency as independent of the president or as a creature of the president. >> The Federal Reserve is an independent a-olitical agency. >> The FDIC is defined by statute as an independent regulatory agency.We have also always tried to coordinate our activities with other agencies throughout the government. >> NCUA is an independent agency within the executive branch. One way you could describe ou ...

Travis Hill, the acting chair of the FDIC, was nominated this week by President Donald Trump to helm the key US bank regulator https://t.co/GAxkgLX6oY ...

Regulatory Landscape & ETF Approvals - SEC approved generic listing standards, accelerating spot crypto ETF approval process [5][6] - These standards allow exchanges to list ETPs holding spot commodities without individual SEC approval, given criteria are met [6][7] - SEC considers almost every crypto a commodity, paving the way for altcoin ETFs [6] - Bloomberg analysts anticipate a wave of spot crypto ETP launches [8] - SEC is exploring an innovation exemption framework for DeFi platforms [11] - CFTC launched an initiative to enable trading of spot crypto asset contracts on registered TradFi futures exchanges [11] Altcoin ETF Market & Potential - Grayscale's Digital Large Cap Fund (renamed Coindesk Crypto 5 ETF) was approved, containing BTC, ETH, XRP, SOL, and ADA [9] - Rex Osprey listed ETFs for XRP and Dogecoin, with the XRP ETF having a strong opening day [10] - Potentially 12 altcoins meet SEC's minimum listing criteria due to futures listings on Coinbase, including LTC, BCH, DOGE, DOT, SHIB, AVAX, LINK, XLM, SOL, HBAR, ADA, and XRP [10] - There have been 91 altcoin ETF applications, with 11 already approved [10] Timeline & Impact - New ETF approval process (S1 form) has a 75-day approval window, potentially leading to approvals around December 1st [11] - Many pending altcoin ETFs have approval deadlines in mid to late October [11] - Short-term impact of altcoin ETFs is uncertain, depending on attention drawn to the altcoins [11] - Long-term impact depends on inflows these altcoin ETFs receive [11]