A look at the key developments from midday on September 30th
7:00(UTC+8)-12:00(UTC+8) Keywords: DePIN, QMMM, DoubleZero, Jito Labs
1. Massachusetts, USA will hold a hearing to review the Bitcoin Reserve Act;
2. The SEC of the United States determined that the DePIN token "essentially" does not fall within its jurisdiction;
3. The SEC suspends trading of Bitcoin and Ethereum treasury company QMMM stocks;
4. Core Scientific is scheduled to hold a shareholder vote on the merger case with CoreWeave on October 30;
5. The New York Stock Exchange meets with the SEC's cryptocurrency special working group to discuss tokenized stocks;
6. Burwick Law firm requests the dismissal of the lawsuit against Jito Labs in the pump.fun case;
7. Data: Since August, 94% of the funds used to purchase Bitcoin by Strategy have come from diluting MSTR stocks;
8. The SEC issues a letter of no enforcement action to DoubleZero, confirming that its 2Z token does not need to be registered as equity securities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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