Major News Headlines for Today

1. Societe Generale Launches Ethereum-Based Stablecoin
Societe Generale, a leading French bank, has launched a dollar-linked stablecoin through a partnership with Mellon Bank of New York. Societe Generale announced in an official statement on Jun. 10 that it will issue the stablecoin 'USD Coinverible(USDCV)' on the Ethereum and Solana blockchains to integrate USD Coinverible into the existing financial ecosystem.

2. U.S. House Agriculture Committee Passes CLARITY Bill
The U.S. House of Representatives' Agriculture Committee passed the CLARITY bill on Jun. 10, which includes a provision for specifying regulatory agencies for certain cryptocurrencies. The CLARITY bill calls for establishing a corporate operating system and rules that require certain cryptocurrencies to fall under the jurisdiction of either the U.S. Securities and Exchange Commission(SEC) or the U.S. Commodity Exchange Commission(CFTC). The CLARITY bill passed the U.S. House of Representatives' Agriculture Committee with a 47-6 vote and will now go to the House of Representatives.

3. "Solana Spot ETF Has Possible Approval Within 3-5 Weeks"
Foreign media Blockworks reported on Jun. 10 that the SEC could approve Solana(SOL) spot exchange-traded funds(ETF) within three to five weeks through testimony from sources. Sources from Blockworks said that the SEC has asked companies applying for Solana spot ETFs to revise the S-1 document by next week and that the SEC will present its opinion on the S-1 revision form within 30 days.

4. Coinbase "Fortunes Top 500 Companies Are Adopting Blockchain"
In a report released by Coinbase on Jun. 10, three out of five companies in the top 500 of Fortunes announced that they are pursuing blockchain initiatives. According to a report by Coinbase, half of the companies surveyed increased their spending on blockchain, and one in five said blockchain is a key part of the company's strategy.

권승원 기자 ksw@blockstreet.co.kr