The U.S. Securities and Exchange Commission (SEC) has approved state-chartered trusts to act as custodians for cryptocurrency, marking a significant regulatory development. This move is part of a broader trend towards integrating digital assets into traditional financial systems. In other news, Donald Trump Jr. has denied allegations of conflicts of interest related to cryptocurrency investments. Meanwhile, the European Central Bank has suggested a ban on stablecoins, and the UK has decided to retain seized Bitcoin assets. Additionally, Turkey has empowered its regulators to freeze crypto accounts, and Tether has launched its USAT product, expanding its stablecoin offerings.