Here’s What Happened in Crypto Today – Cointelegraph

The former chairman of the United States Securities and Exchange Commission (SEC) has stated that approval for a spot exchange-traded fund (ETF) is unavoidable. In response to reports from chip manufacturers about expanded export license requirements for artificial intelligence (AI) chips, U.S. regulators have clarified that they have not imposed any bans on AI chip exports to the Middle East. Additionally, the new crypto Travel Rule in the United Kingdom has taken effect, which may result in certain cryptocurrency transfers being restricted by crypto-asset companies in accordance with the law.

### U.S. Spot Bitcoin ETF Approval Considered “Inevitable”

The ex-leader of the SEC asserts that the approval of a spot Bitcoin ETF is “inevitable.”

### U.S. Regulators Clear AI Chip Export Confusion

U.S. authorities have denied reports suggesting that AI chip exports to the Middle East are being blocked.

### Crypto Travel Rule Implemented in the U.K.

The implementation of the new crypto Travel Rule in the U.K. could lead to some cryptocurrency transactions being halted by businesses in the sector.