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In a Tuesday filing, lawyers for Coinbase argued that their case offered “the single best opportunity” to decide how to regulate secondary crypto trading.

Fink was once skeptical of digital assets, but is now a “big believer” in bitcoin as an instrument.

“This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment that “protects investors, facilitates capital formation, fosters market integrity, and supports innovation.”

Over 1 million bitcoin has been sold since September by long-term holders.

Crypto has gripped many investors, with many seeking exposure. And these two stocks provide just that.

The firm said the move strengthens its commitment to long-term HODLers and wealth builders through white-glove customer care and tailored products.

Speculation on social media had suggested that the Saudi royal family was considering investing in cryptocurrencies.