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  • U.S. SEC Chair Advocates for Collaborative Digital Asset Regulation Framework
    According to PANews, U.S. SEC Chair Paul Atkins has expressed support for the recommendations put forth by the President's Working Group (PWG) on digital asset regulation. Atkins highlighted that these suggestions emerged after months of collaboration among various agencies and perspectives. He emphasized that establishing a regulatory framework for digital assets is the optimal way to foster innovation in the United States, reiterating his long-held views on the matter.
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  • Trump lowers tariff threat in new South Korea deal
    On Wednesday, President Trump announced he had reached a new trade agreement with South Korea that will place a 15% tariff on goods brought in from the country. Trump posted on his social media platform Truth Social that the 15% levy is lower than the 25% tax he had threatened earlier this month. He added […] source: https://www.cryptopolitan.com/trump-lowers-tariff-threat-in-new-south-korea-deal/
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  • SEC’s “Listing Standards” for crypto ETPs is out, coins trading on Coinbase for 6 months are eligible
    The SEC has put out new exchange filings that spell out generic listing standards for crypto asset ETPs. Any token that has been traded on Coinbase’s derivatives market for more than six months would qualify. This will cover a dozen large assets. The Chicago Board Options Exchange (CBOE) asked the US Securities and Exchange Commission […] source: https://www.cryptopolitan.com/secs-listing-standards-for-crypto-etps-out/
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  • ZORA Shows Signs of Exhaustion After All-Time High as Bears Eye a Reversal
    ZORA’s price performance has taken a bearish turn in the past 24 hours, slipping further from its new all-time high of $0. 105.   The downturn follows a reduction in whale activity and a modest rise in exchange inflows, signaling the start of a profit-taking cycle.   ZORA Whales Exit as Token Nears Peak — Is a Correction Coming? Data from Nansen reveals a sharp decline in ZORA’s large holder activity over the past 24 hours source: https://beincrypto.com/zora-price-sinks-bears-circle/
    Bullish
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  • Prosecutors Investigating Ex-South Korean President Yoon Quiz ‘Crypto Fraudster’
    South Korean prosecutors probing ex President Yoon Suk-yeol and former First Lady Kim Keon-hee question suspected crypto fraudster Jon Bur Kim. source: https://cryptonews.com/news/prosecutors-investigating-ex-south-korean-president-yoon-quiz-crypto-fraudster/
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  • Bitcoin and Ethereum Aren’t Ready For Quantum Computers, Researcher Says
    Mysten Labs claims newer blockchains are ready for quantum computing, but older networks risk being left behind. source: https://decrypt.co/332788/bitcoin-ethereum-arent-ready-quantum-computers-researcher-says
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  • Kraken's Q2 earnings dip as exchange expands beyond crypto
    As Kraken eyes a $15 billion valuation and potential IPO, its Q2 report reveals growth and a shift toward TradFi products. source: https://cointelegraph.com/news/kraken-q2-earnings-exchange-expands-beyond-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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  • U.S. Digital Asset Strategy Aims for Global Leadership
    According to PANews, the White House has released a comprehensive report outlining a national strategy to position the United States as a global leader in blockchain, cryptocurrency markets, and tokenized finance. While the report covers a wide range of digital asset policies, it does not provide substantial updates on the government's plans for Bitcoin reserves, merely reiterating statements from U.S. President Donald Trump's January executive order without detailing subsequent steps or a timeline for implementation. The report stems from an executive order signed by President Trump in January, which established an interagency task force on emerging technologies such as digital assets and artificial intelligence. The 166-page document, led by David Sacks, the White House's head of cryptocurrency and AI affairs, and Executive Director Bo Hines, incorporates input from the Treasury Department, Commerce Department, the U.S. Securities and Exchange Commission (SEC), and the U.S. Commodity Futures Trading Commission (CFTC). It outlines several proposals for streamlining regulation, supporting innovation, and modernizing oversight. The report recommends that Congress enhance legislation to grant the CFTC authority over the spot market for non-securities digital assets and support the development of decentralized finance (DeFi) technologies. It also calls for the SEC and CFTC to use their existing powers to clarify regulatory rules for digital asset trading and promote innovative financial products. Additionally, the task force suggests that regulatory bodies advance digital asset-related innovations in the banking sector, implement a federal regulatory framework for stablecoins, and strengthen anti-money laundering regulations to ensure national security. The report emphasizes the need for the U.S. to maintain its leadership in digital assets and blockchain technology through legislative and regulatory innovation.
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  • Crypto Is Rising – But No One’s Talking About It Yet
    Using data from platforms like Google Trends and Wikipedia, the firm found that search activity and general curiosity around crypto […] The post Crypto Is Rising – But No One’s Talking About It Yet appeared first on Coindoo. source: https://coindoo.com/crypto-is-rising-but-no-ones-talking-about-it-yet/
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  • Fed Chair Powell Maintains Firm Stance on September Rate Cut
    According to BlockBeats, Federal Reserve Chair Jerome Powell has taken a firm stance regarding the possibility of a rate cut in September. In a social media post, Nick Timiraos, often referred to as the 'Fed's mouthpiece,' highlighted Powell's cautious approach. When asked under what circumstances a rate cut might occur in September, Powell refrained from providing a specific answer. He emphasized the need to observe the evolution of data, acknowledging the existence of multiple possibilities. Powell stated that decisions will be made based on comprehensive data analysis and risk balance assessments. As Potomac Research Group frequently notes, if we are hungry, we will naturally eat.
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