The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust.

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin's ETF filing.Source

NYDIG and FS Investments have filed paperwork with the SEC for a Bitcoin investment fund. Morgan Stanley is ready to refer its clients. Morgan Stanley's wealth management clients may soon have even more options for getting into Bitcoin.

New York Digital Investment Group (NYDIG), a "financial services firm dedicated to Bitcoin," and FS Investments have filed paperwork with the US Securities and Exchange Commission (SEC) for a pooled investment fund aimed at clients of US mega-bank Morgan Stanley. Source

The Central American Bank for Economic Integration will assist El Salvador with technical support. The president of the Central American Bank for Economic Integration told a press conference today that the region's most prominent multilateral bank will assist El Salvador in establishing Bitcoin as legal tender in the country.

Dante Mossi told reporters that the development bank will establish a "technical team" to assist the government of El Salvador. In a message to El Salvador President Nayib Bukele and his government, Mossi said: "We feel very proud that your government's first choice in soliciting help and support with the implementation is the Central American Bank for Economic Integration." Source

The Swiss digital assets bank is launching institutional-grade custody and trading services for DeFi tokens, with yield-generating products to follow. Swiss digital asset bank Sygnum is launching institutional-grade custody and trading services for a portfolio of decentralized finance (DeFi) tokens. DeFi refers to the sector of crypto that seeks to recreate many of the same offerings of traditional finance but without intermediaries.

In an announcement, the bank revealed that it will launch regulated banking services for Aave (AAVE), Aragon (ANT), Curve (CRV), Maker (MKR), Synthetix (SNX), Uniswap (UNI), and 1inch (1INCH). Sygnum will also provide custody and trading for the stablecoin USD Coin (USDC). Source

At least not explicitly. Take a closer look, however, and there are several opportunities for regulators to get their feet wet.
The Securities and Exchange Commission (SEC) isn't too preoccupied with cryptocurrency at the moment.

The agency released its regulatory agenda for the spring and summer on Friday, and crypto isn't on it, despite SEC Chair Gary Gensler's recent statements that consumers would benefit from regulation of exchanges and that the agency should be ready to enforce crypto cases. Source

Crypto is “a lousy investment,” and “a haven for illegal activity," says the U.S. Senator. During a hearing on the development of a potential central bank digital currency, Senator Elizabeth Warren criticized cryptocurrencies for their role in facilitating scams, ransomware attacks, and pollution.

In her opening statement, Warren called crypto a “fourth-rate alternative to real currency,” thanks to its being a “a lousy way to buy and sell things,” “a lousy investment,” and “a haven for illegal activity.” Source

Billy Markus, engineer and co-founder of Dogecoin, looks to cash in on the DOGE craze by selling a line of Shiba Inu NFTs. Dogecoin mania doesn’t stop with Elon Musk and Coinbase listings. No, now the world’s most popular meme cryptocurrency has its own line of NFTs—and 420 of them are up for grabs right now.

Billy Markus, engineer and co-founder of the cryptocurrency, made the announcement on Twitter yesterday, saying that he “Wanted to try something different and try out a new platform that lets you create multiple copies of the same NFT” by using Rarible, a popular NFT marketplace. Source

Finally, after a few hours of debate, the Legislative Assembly of El Salvador approved a law declaring Bitcoin as legal tender. With 62 favorable votes, the Legislative Assembly of El Salvador has just approved the Bitcoin Law presented by the president of the country, Nayib Bukele a few hours ago.

At approximately 8 pm, President Nayib Bukele announced via his Twitter account that he had introduced the "Bitcoin Law" to the Congress of El Salvador. The legislative instrument gives Bitcoin the status of legal tender of mandatory acceptance throughout the national territory. Source