This Week in Crypto: A look at the key developments shaping the market landscape.
**Regulatory Developments:** BlackRock’s iShares Bitcoin ETP launch in Europe received FCA approval, granting UK investors regulated access to the asset. Meanwhile, the U.S. Supreme Court will hear Trump’s global tariffs case under IEEPA, potentially impacting billions in duties. A potential market-structure law is a priority for Senators Gillibrand and Lummis, with hopes for passage by year-end.
**Crypto Security & Development:** SwissBorg’s SOL Earn wallet suffered a significant exploit, resulting in USD 41.5 million lost. On the development front, Scroll DAO paused its governance on September 11th following leadership exits and will now focus on centralization. Polygon also suspended its governance structure to address leadership changes and redesign its model. Finally, Consensys’s Ethereum Layer-2 network Linea launched its token generation event with a significant airdrop (9.4 billion tokens).
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