Mike Novogratz

Fortune reports that BNY Mellon’s bold venture is buoyed by the Trump administration’s surprisingly crypto-friendly policies. A stark contrast to the Biden era’s more cautious approach, which saw the bank hit pause on its crypto custody services following SEC’s SAB121. But fear not, for in2024, the bank secured an exemption, allowing it to custody Bitcoin and Ethereum without the pesky balance sheet liabilities. The SEC, under Trump, swiftly axed the unpopular guidance, much to the delight of banks and crypto enthusiasts alike. 🎉

But lo! The prediction markets, as fickle as the Russian winter, remain frosty towards the prospects of approval.

With buyers still clamoring like children at a candy store, the PENDLE token is all set to keep its merry dance going in the short term. 🎉

In a declaration that echoes through the digital expanse of X, Kyrgyzstan’s President, Sadyr Zhaparov, revealed the inking of a most singular deal – a memorandum of cooperation, forging an unbreakable bond between the National Investment Agency and CZ, aimed at conjuring a national crypto ecosystem from the very ether.

Federal Reserve Chair, the ever-dignified Jerome Powell, delivered a speech that would make even the most stoic of accountants clutch their pearls, all while addressing the Society for Advancing Business Editing and Writing conference in Arlington, Virginia, on the fourth day of April. Mark it well, dear reader, it may be a pivotal moment in financial theatre!

It’s going to trade under “GSOL”. Catchy. And it’ll hold actual SOL. Like, the real deal. As if that makes it any less terrifying. April 4th filing, because of course.