Significant events this week in the world of cryptocurrencies and decentralized finance could impact the market.
BNB ETF in the US by VanEck
VanEck has filed to register a trust for a Binance Coin (BNB) ETF in Delaware. This marks the first step towards launching a BNB-focused ETF in the U.S. The filing, dated March 31, is a key move ahead of a formal application to the SEC.
PayPal Adds Solana and Chainlink
PayPal has added Solana (SOL) and Chainlink (LINK) to its list of supported cryptocurrencies for U.S. users. Now users can buy, sell, and hold SOL and LINK directly through PayPal’s wallet, streamlining access to these assets.
New Legislation in Nigeria on Cryptocurrencies
President Bola Tinubu has signed the Investments and Securities Act (ISA) 2025 into law, officially recognizing cryptocurrencies as an asset class in Nigeria. This ends years of uncertainty and grants the Securities and Exchange Commission full regulatory oversight of the crypto industry.
This week in the crypto space is noteworthy for significant regulatory steps and support for cryptocurrencies as assets. These changes may greatly influence the market.
