South Korea’s Pension Fund Snaps Up Nearly $34M MicroStrategy Shares

South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.Source

Donald Trump Holds Over $1M in Ether, Also Receives NFT Licensing Fees

Filings show he has over $1 million in Ether.Source

NYSE Scrubs Plan to List Bitcoin ETF Options

Other exchanges have also withdrawn their applications, but some have re-filed.Source

What’s Next in SEC v. Ripple?

While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited.Source

Goldman Sachs Joins Morgan Stanley in Holding Bitcoin ETFs as Institutional Interest Grows: 13F Wrap

Investment advisors including Wall Street giants Goldman Sachs and Morgan Stanley were among the biggest holders of spot ETFs as of June 30 as clients amped up their crypto allocations to a total of $4.7 billion.Source

Schumer Sets Stage for New Era of U.S. Crypto Politics

Wednesday’s Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected.Source

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

The blame this time can’t be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.Source

Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes

Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said.Source

Crypto for Advisors: Crypto Volatility and Market Conditions

During times of uncertainty, the increased availability and accessibility of an investor’s portfolio can lead to reduced volatility and panic across all asset classes, including crypto-native tokens.Source

Stablecoins Can Make the World a Safer Place. Regulators Should Encourage Them

The global financial system will be better off if stablecoins are fully adopted and foreign exchange risk goes the way of the dinosaurs, says Christopher Perkins, president of CoinFund.Source