Today in the cryptocurrency sector, key developments include Robinhood's plans to introduce a blockchain for tokenized securities trading in Europe, while Ethereum has launched the Pectra network upgrade. Robinhood aims to enhance its presence in Europe by allowing retail investors to trade tokenized versions of US securities after obtaining a brokerage license in Lithuania. The tokenization process offers benefits like reduced costs and faster transactions. Meanwhile, Ethereum's Pectra upgrade introduces three main Ethereum Improvement Proposals (EIPs), including EIP-7702 which allows external accounts to manage gas fees, EIP-7251 which increases the validator staking limit to improve operations for larger stakers, and EIP-7691 which enhances scalability by allowing more data blobs per block, potentially reducing transaction costs. In US politics, Democrats are targeting Donald Trump's crypto ventures through legislation and investigations, aiming to limit his ability to profit from cryptocurrency activities, amidst a backdrop of tight Republican control over Congress.

Source 🔗