Acting SEC Chair Dismisses Enforcement Actions, First US Bank-Backed Stablecoin Launches, and More — Weekly Bitcoin News Recap

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Acting SEC Chair Dismisses Enforcement Actions, First US Bank-Backed Stablecoin Launches, and More — Weekly Bitcoin News Recap

The acting chair of the SEC has declined to pursue enforcement actions, marking a significant moment for the first stablecoin issued by a US bank, while Bitcoin’s four-year cycle stands at a pivotal point, among other developments.