Vanguard Group has restricted its clients from purchasing new Bitcoin spot ETFs, reflecting its cautious stance towards the asset's volatility and its broader investment philosophy. Meanwhile, Terraform Labs co-founder Do Kwon is seeking to delay his SEC trial, pending extradition issues from Montenegro, where he faces legal complications. In the realm of global expansion, Coinbase is partnering with Yellow Card to enhance USD Coin access in Africa, aiming to provide economic solutions in high-inflation and remittance-dependent regions. In another major development, CoinShares is moving forward with the acquisition of US-based Valkyrie Funds, following the SEC's approval of Valkyrie's Bitcoin ETF, signaling CoinShares' expansion into the US market.
