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Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17

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U.S. representative introduces bill to fire SEC’s chief, BlackRock applies for a spot Bitcoin ETF and Binance.US hires top lawyer for upcoming court battles.

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Coin Market

Bitcoin is rejected at $83K as US bond yields reverse higher with equities

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Bitcoin price action failed to improve with equities as a sell wall at $83,000 kept BTC in a tight range.

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Coin Market

Made an ‘honest’ mistake with crypto taxes? New bill offers way out

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A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible taxpayers.

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Coin Market

Public companies object to OKX-ICE’s tokenized stock plan

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Nine public companies objected to having their shares offered in tokenized form by OKX and ICE, testing whether platforms can create blockchain-based markets without issuer consent.

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