ChainCatcher news, according to OKG Research analysis, the FIT 21 bill, stablecoin-related legislation, and the repeal of the SAB 121 proposal are the three most likely and crucial crypto regulations to be introduced in the future.If the FIT 21 bill is passed, it is expected to promote the launch of spot ETFs for cryptocurrencies like SOL and XRP, and inject new momentum into the DeFi sector, especially through exemption policies and RWA integration. At the same time, the SEC may allow Ethereum spot ETF staking, which will attract attention to staking projects within the DeFi ecosystem.The market share of stablecoins in cross-border payments and settlements will continue to grow, expected to surpass traditional financial institutions like Visa. The repeal of the SAB 121 proposal will simplify the compliance burden for crypto custodians, attracting more banks and institutional investors into the crypto space.

ChainCatcher news, according to FOX Business reporter Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has notified at least two applicants for SOL spot ETFs that their submitted 19b4 filings will be rejected. Sources revealed that the SEC may not approve any new cryptocurrency ETF applications during the current administration.

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on social media that, according to two informed sources, negotiations between SEC staff and issuers looking to launch a SOL spot ETF have "made progress."The SEC is currently processing the S-1 application for the SOL spot ETF. These informed sources indicated that it is "very likely" to see exchange representatives of potential issuers submit some 19b-4 documents in the coming days, which is the next step in the ETF approval process.ETF issuers stated that, based on recent staff engagement, along with the incoming government supportive of cryptocurrency, there is currently a new sense of optimism that the Solana ETF may be approved sometime in 2025.