In today's crypto news, JPMorgan forecasted that the approval of spot Solana and XRP exchange-traded funds (ETFs) could draw billions in new investments. The bank estimated SOL could attract between $3 billion to $6 billion, while XRP might gather $4 billion to $8 billion within their first six months of trading. This projection comes as the U.S. anticipates a more innovation-friendly regulatory environment with President-elect Donald Trump taking office. Additionally, U.S. Senator Elizabeth Warren has questioned Trump’s nominee for Treasury Secretary, Scott Bessent, about measures to curb money laundering in the crypto space, highlighting growing concerns over the use of cryptocurrencies in illicit activities. Lastly, Tether has revealed plans to relocate its headquarters from the British Virgin Islands to El Salvador after securing a digital asset service provider license, citing the country's favorable regulatory climate. Overall, these developments signal significant shifts in the crypto landscape and regulatory approaches.

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