Bitcoin and Ethereum prices have remained stable for the third consecutive week as the SEC continues to assert its position as the industry's lead regulator. Ripple's XRP saw a notable increase of 9.4% after a small courtroom victory against the SEC in its ongoing lawsuit. Litecoin also experienced a significant increase of 13.2% due to the popularity of Ordinals Inscriptions.

SEC Chairman Gary Gensler stated that the agency is ready to help crypto companies come into compliance, but the lack of clarity in regulatory guidance has led to dissent among some commissioners, including Hester Pierce.

Samsung announced a partnership with the Bank of Korea to develop a CBDC ecosystem, while the EU adopted the Markets in Crypto Assets bill and British MPs recommended legislating crypto as gambling.