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Crypto Chronicle: 24-Hour Trading, Thailand’s Blockchain Shift, Musk’s Treasury Lawsuit, and BlackRock’s Bitcoin ETP

This week’s Crypto Chronicle explores the Cboe’s move to 24-hour equity trading, Thailand’s SEC embracing blockchain-based trading, Elon Musk’s lawsuit against the U.S. Treasury, and BlackRock’s latest Bitcoin ETP launch in Europe.

1. Cboe Introduces 24-Hour Equity Trading

The Chicago Board Options Exchange (Cboe) has launched 24-hour equity trading, a groundbreaking move aimed at enhancing market accessibility. With the growing demand for around-the-clock trading opportunities, particularly among crypto investors used to 24/7 markets, this development could blur the lines between traditional finance and digital asset markets. Analysts believe this shift could lead to greater liquidity and a more globally inclusive trading ecosystem.

2. Thailand’s SEC Pushes for Blockchain-Based Trading

Thailand’s Securities and Exchange Commission (SEC) is taking significant steps toward blockchain-based trading, signaling a shift toward modernized financial markets. The regulator is exploring ways to integrate blockchain technology to enhance security, transparency, and efficiency in financial transactions. This move aligns with Thailand’s growing interest in digital assets and decentralized finance (DeFi), potentially positioning the country as a leader in regulated blockchain adoption.

3. Elon Musk Sues U.S. Treasury Over Crypto Regulations

Elon Musk has filed a lawsuit against the U.S. Treasury, challenging certain regulatory policies affecting cryptocurrency and digital assets. Musk, a vocal advocate for decentralized finance and digital currencies, argues that restrictive policies hinder innovation and economic growth. The case is expected to draw significant attention from both the crypto and legal communities, as its outcome could influence future regulatory approaches to the industry.

4. BlackRock Launches Bitcoin ETP in Europe

BlackRock has introduced a Bitcoin Exchange-Traded Product (ETP) in Europe, further solidifying institutional interest in cryptocurrency. The launch of this investment vehicle provides European investors with more regulated exposure to Bitcoin, reinforcing the growing mainstream acceptance of digital assets. BlackRock’s continued expansion in the crypto space highlights a shifting landscape where traditional finance and blockchain-based assets are increasingly intertwined.

author avatar
Satpal S
Satpal is an Editor and Author at 4C Media Co, specializing in all stories and news related to crypto and finance.
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