According to a report from PR Newswire, FTX has announced that the next round of claims registration will be on August 15, with execution expected to begin on September 30. This round of compensation is aimed at approved Class 5 customer claims, Class 6 general unsecured claims, and newly approved convenience claims since the last round of compensation. At the same time, the court has approved the reduction of the disputed claims reserve from $6.5 billion to $4.3 billion, releasing $1.9 billion for this round of compensation.

According to the official announcement, the U.S. Securities and Exchange Commission (SEC) has approved the conversion of the Bitwise 10 encryption index fund into an ETF, covering assets including BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, and DOT. However, it also stated: "We will review this authorization action, and the approval will be suspended until the SEC makes a further decision."

According to CoinDesk, sources say that the crypto prediction market platform Polymarket is considering whether to launch its own custom stablecoin or accept a revenue-sharing agreement with Circle based on the platform's USDC holdings. The creation of its own stablecoin aims to control the reserve assets that support a large amount of USDC on the platform and generate yields. A representative from Polymarket stated that no decision has been made regarding the stablecoin issue.

The new chairman of the SEC, Paul Atkins, stated in an interview with CNBC that ETH is not a security. It is "encouraging" to see public companies adopting Bitcoin and Crypto Assets as financial reserve assets.

According to the UK Financial Times, US President Trump is preparing to sign an executive order allowing 401k retirement plans to invest in Crypto Assets, gold, and private sale among various alternative assets. This initiative will drive significant changes in the $9 trillion retirement market in the United States. The executive order will instruct regulatory agencies to study the elimination of related barriers to provide 401k investors with a more diverse range of asset options.

According to Jin10, on Thursday local time, the U.S. House of Representatives passed three pieces of encryption-related legislation: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. The CLARITY Act and the Anti-CBDC Surveillance State Act will be sent to the Senate for review. The GENIUS Act is expected to be officially signed into law by Trump on Friday local time.

According to Reuters, Bank of America CEO Brian Moynihan said that the bank is preparing to launch a stablecoin and investors can expect Bank of America to make a move in the cryptocurrency space, but Brian Moynihan did not provide a specific timeline.

According to documents obtained through the Freedom of Information Act by independent cryptocurrency journalist L0la L33tz, the U.S. Marshals holds a much smaller amount of bitcoin than previously thought. In its reply, the Justice Department revealed that as of March, the agency held only 28,988 bitcoins, worth about $3.4 billion at current prices.

Trump stated that the GENIUS bill will be passed tomorrow and that he has communicated with all dissenters today.

The Office of the Comptroller of the Currency (OCC), the Federal Reserve (Fed), and the Federal Deposit Insurance Corporation (FDIC) jointly issued a statement requiring banks to strictly comply with existing laws and regulations when providing encryption asset accomplice services and to strengthen Risk Management.

Wintermute's report shows that in the bull run of the first half of 2025, there are significant differences in investment strategies between retail and institutional investors, with a notable divergence in trading interest, whereas both have mostly been synchronized over the past few years. The report indicates that institutional investors continue to double down on major cryptocurrencies like Bitcoin and Ethereum, while retail investors tend to favor meme coins and other altcoins.

San Francisco Fed President Daly stated that she still believes there could be two rate cuts this year and pointed out that the possibility of tariffs having a milder impact on prices than expected is rising. She mentioned that the U.S. economy is in good shape, with economic growth and consumer spending slowing, but not weakening yet. Daly said, "I think there could be two rate cuts, but there is uncertainty in everyone's expectations, considering implementing rate cuts in the fall."

On July 10, the Party Committee of the Shanghai Municipal State-owned Assets Supervision and Administration Commission held a study meeting for the central group, focusing on the development trends and response strategies of Crypto Assets and stablecoins. He Qing, Secretary and Director of the Municipal State-owned Assets Supervision and Administration Commission, pointed out the need to fully implement the spirit of the 12th Municipal Party Committee's 7th Plenary Session, adhere to innovation-driven development, maintain a keen awareness of emerging technologies, and strengthen research and

Trader Eugene stated on his personal channel that "$110,000 remains the ultimate resistance level for long positions, and a breakout direction is expected this week. The outcome is usually binary: if it breaks down, it will quickly head down to $100,000; if it breaks up, I believe it will reach a new high of $120,000 and then enter consolidation. Either way, it will be an exciting week."

According to Decrypt, the "Great Trust" plan developed by the Boston Consulting Group (BCG) and the Tony Blair Institute has sparked controversy. The plan proposes to tokenize land in the Gaza Strip using Blockchain, to build Dubai-style artificial islands and a "Blockchain Trade Zone", and even suggests paying 500,000 Palestinians' exit fees by selling public land as digital Tokens. This plan has been strongly condemned by Palestinian activists, who labeled it as "grotesque and evil."

According to The Block, the cryptocurrency trading platform Gate briefly launched a "Token Presale" page this morning, which has now been removed. According to the countdown information on the website, the upcoming PUMP token will be launched on July 12th. The platform will offer a total of 150 billion PUMP tokens, each priced at the equivalent of 0.04 USD in USDT.

According to Cointelegraph, the U.S. Court of Appeals for the Eleventh Circuit rejected the appeal by the cryptocurrency advocacy organization Coin Center, which challenged the sanctions imposed by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on the Tornado Cash mixing service in 2022. Documents submitted on Thursday show that the appeals court granted the motion to vacate the lower court's ruling and directed that the case be remanded for reconsideration.

The "Stablecoin Regulation" in Hong Kong, China will take effect in August. The Secretary for Financial Services and the Treasury, Christopher Hui, stated that the Monetary Authority is currently consulting the market on the implementation of the regulatory guidelines. He also indicated that the number of stablecoin licenses granted will be in single digits and hopes to receive applications after the regulation takes effect, aiming to issue licenses within this year. Regarding whether it is possible to issue a stablecoin pegged to the Renminbi, he said that if it involves currencies from other

The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodities Authority (SCA), and Virtual Assets Regulatory Authority (VARA) of the UAE jointly issued a statement claiming that reports circulating on certain websites and social media platforms about the UAE granting golden visas to Digital Money investors are false. The distribution of golden visas is based on a clear and officially approved framework and standards, which do not include Digital Money investors.