Aug 4: Altcoin ETF Greenlight From SEC? And UK Slams Door on Coinbase Ad

Aug 4: Altcoin ETF Greenlight From SEC? And UK Slams Door on Coinbase Ad

HEADLINES

  • SEC Eases ETF Rules: New fast-track changes make it easier to list crypto ETFs, signaling growing institutional acceptance despite no immediate impact for retail investors.
  • UK Bans Coinbase Ad: A satirical Coinbase TV spot was pulled by UK regulators for being too political. CEO Brian Armstrong and ex-Chancellor Osborne pushed back, warning the UK risks falling behind in crypto innovation.
  • Memecoin Momentum Shifts: July saw memecoin revenues dive—Pump.fun dropped 80% since January. Yet activity remains high, with platforms like LetsBonk still drawing users. Slopana-style tokens are rising in the chaos.
  • Treasury Boom: Institutions are stacking ETH. Tom Lee’s Bitmine now holds over 833k ETH ($3B), the world’s largest ETH treasury. Even smaller firms like GameSquare are adding millions to their crypto holdings.
  • Stablecoin Strides: Europe launches its first MiCA-compliant euro stablecoin, backed by Deutsche Bank and Galaxy Digital. Meanwhile, Binance adds Circle’s yield-bearing USYC as collateral for institutions—another bridge between TradFi and crypto.

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The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.





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