Crypto Market Roundup: SEC Reforms, Trump IPO, NK Recruitment Hacks & Ether Machine Raises

This week’s crypto market update features several significant developments impacting the industry. The SEC announced sweeping reforms aiming to streamline crypto compliance for Wall Street, paving the way for increased institutional adoption. Meanwhile, Trump-backed Bitcoin (American Bitcoin) debuted on the Nasdaq after a SPAC merger, bringing crypto into mainstream focus. A new report from SentinelOne and Validin highlights the rising threat of recruiter scams targeting crypto professionals in North Korea, while Ether Machine secured a substantial $654 million pre-IPO funding round, positioning itself as an institutional ETH treasury analog.