1. Federal Reserve Withdraws Cryptocurrency Regulatory Guidance

According to the Federal Reserve's official website, the Federal Reserve has withdrawn the regulatory letter from 2022 that required state member banks to report cryptocurrency asset activities in advance, as well as the non-opposition letter regarding dollar token activities from 2023. It has also jointly exited two statements from 2023 with the FDIC and OCC regarding the risks and liquidity risks of cryptocurrency assets. This move aims to supervise cryptocurrency activities through regular regulatory processes, supporting innovation in the banking system. However, the guidance from January 2023 that has not yet been withdrawn raises issues of regulatory consistency. -Original

2. A Whale Withdraws 27,411 SOL

A whale has withdrawn 27,411 SOL from Kraken after a 2-month silence, valued at $4.11 million. The whale's wallet currently holds 97,881.45 SOL, worth $14.7 million. -Original

3. U.S. SEC Explores Tokenized Securities Proposal

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) has released a memorandum indicating that representatives from Ondo Finance and Davis Polk & Wardwell LLP held talks with the SEC's cryptocurrency working group to discuss compliance pathways for issuing and selling tokenized U.S. securities. The meeting's agenda included key issues such as the structural model of tokenized securities, registration and broker requirements, market structure regulations, financial crime compliance, and state corporate law. Ondo Finance proposed seeking a regulatory sandbox or other forms of regulatory exemption to advance the issuance of its tokenized asset products. The talks aim to provide a clear regulatory framework for tokenized securities in the U.S. market. -Original

4. BlackRock Deposits ETH into Coinbase

BlackRock deposited 27,852 ETH into Coinbase Prime one hour ago, valued at $48.75 million. -Original

5. CME to Launch XRP Futures

Odaily Planet Daily reports that the CME will launch Ripple futures, expanding its cryptocurrency derivatives product portfolio. -Original

6. Solana On-Chain Stablecoin Market Cap Hits New High

The market cap of stablecoins on the Solana chain has reached $12.884 billion, setting a new historical high. -Original

7. Ethereum Set to Celebrate 10th Anniversary of Genesis Block

The Ethereum Foundation announced that Ethereum will celebrate the 10th anniversary of the genesis block on July 30 at 23:26:13. The foundation will organize global offline gatherings in collaboration with the community to celebrate this milestone. The global community can independently organize such events, and the ecosystem support program will provide up to $500 in funding for each event worldwide, with the application deadline for funding set for June 15, 2025. -Original

8. Senator Criticizes Trump Coin for Corruption

Odaily Planet Daily reports that the Trump Meme Coin TRUMP announced that Trump will have dinner with the first 220 holders of the token. U.S. Democratic Senator Chris Murphy from Connecticut criticized the event, stating on the X platform: "This not only reflects Trump's true nature, but the TRUMP coin scheme may be the most blatant act of corruption ever committed by a president." -Original

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