1. U.S. Senator Suggests Government Buy Bitcoin

2. U.S. Lifts Tornado Cash Sanctions

A developer named Gunboats has ported the Ethereum-based mixer Tornado Cash to the recently launched MegaETH testnet, which claims to handle 20,000 transactions per second. The U.S. Treasury recently removed Tornado Cash and several related digital wallet addresses from the OFAC Specially Designated Nationals (SDN) sanctions list. -Original

3. Fidelity May Apply for Solana ETF

A new document shows that CSC Delaware Trust Company has registered a new statutory trust named "Fidelity Solana Fund," which may indicate that Fidelity plans to apply for a Solana-based exchange-traded product. A Fidelity spokesperson declined to provide further details about the application. According to The Block's ETF tracker, several other asset management companies, including VanEck, ProShares, and GrayScale, have previously applied for a Solana ETF but have not yet received approval. Fidelity manages the second-largest Bitcoin ETF by assets under management. -Original

4. Tether to Undergo Comprehensive Audit

Stablecoin issuer Tether is in talks with one of the "Big Four" accounting firms to conduct a comprehensive audit of its reserves. Following the near-total ban of its stablecoin in the EU, Tether recently appointed a new Chief Financial Officer, taking a step towards a full audit. -Original

5. Circle Digital Wallet Supports USDC

Circle co-founder Jeremy Allaire announced on the X platform that the Philippine digital currency app GCash has announced that its mobile wallet supports the U.S. dollar stablecoin USDC, allowing users to receive, purchase, hold, or trade USDC. It is reported that GCash is currently preparing for an IPO, aiming to raise $1 billion to $1.5 billion, and is building its suite of financial products beyond payments. -Original

6. Binance Updates Token Delisting Voting Mechanism

Binance co-founder He Yi expressed on social media regarding the phenomenon of "voting for token delisting being a way for projects nearing delisting to buy votes," stating, "The next Binance voting for delisting will be for tokens that no one chooses." -Original

7. Crypto De-Banking Pressure Continues Until 2026

According to Odaily Planet Daily, blockchain regulatory advisors believe that the pressure for cryptocurrency de-banking may continue until January 2026, when Trump will have the authority to appoint new Federal Reserve governors. Caitlin Long, founder and CEO of Custodia Bank, pointed out that the Federal Reserve is currently still controlled by the Democrats and is reviewing two pro-crypto banks, with a large number of examiners having entered these banks, putting pressure on their operations. Additionally, while the U.S. OCC and FDIC may overturn previous anti-crypto policies, the Federal Reserve's stance remains unchanged, and the crypto industry may still face regulatory resistance in the future. -Original

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