09/27/24 | SEC Approves BlackRock Bitcoin ETF Options, Circle's New Compliance Tools, Visa Launches VTAP, BNY Mellon's Crypto Custody Expansion

2024-09-27·4 minutes

Description

In this episode of Alt Crunch, Mackenzie breaks down the most important news shaping the cryptocurrency landscape. We cover the SEC’s recent approval of options for BlackRock's spot Bitcoin ETF IBIT, a move that could significantly boost institutional adoption of Bitcoin. Next, we explore Circle’s new "Compliance Engine," a suite of blockchain compliance tools designed to help companies build on-chain financial services while staying within regulatory boundaries. Then, we look at Visa’s latest innovation with the launch of the Visa Tokenized Asset Platform (VTAP), which allows banks to issue fiat-backed tokens on Ethereum. Finally, we dive into BNY Mellon’s expanded custody services for Bitcoin and Ethereum ETFs following SEC approval, a major milestone for crypto's integration into traditional finance. Tune in for all the details, and be sure to follow us on X at @altinvestbot for the latest updates!

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