Trump: GENIUS Act to be voted on in the House of Representatives
President Donald Trump announced that he met with 11 of the 12 Republican members who support the GENIUS Act, which would provide federal oversight for stablecoins, in the Oval Office. Trump announced that all of these members have agreed to vote in favor of the bill. The vote is expected to take place on Wednesday morning.
House Financial Services Committee Chairman: Sufficient Votes for Three Crypto Bills
According to Jinshi, U.S. House Financial Services Committee Chairman Hill announced that the House has enough votes to pass three crypto regulation bills, including a stablecoin bill. This could be a major turning point for crypto legislation in Congress.
U.S. June PPI Remains Unchanged Month-Over-Month, Annual Increase Below Expectations
According to Jinshi data, the U.S. Producer Price Index (PPI) for June remained at an annual rate of 2.3%, below the expected 2.5%. The monthly PPI remained unchanged at 0%, while the previous month’s figure was revised to 0.3%.
Ethereum Foundation Developer Team Transfers 1,000 ETH Internally
According to Paidun data, the Ethereum Foundation team transferred 1,000 ETH (approximately $3.15 million) internally to the EF2 address. The transfers are typically associated with ecosystem support activities.
Eclipse Foundation to Distribute 100 Million ES Tokens to Early Users
An Eclipse Foundation spokesperson told The Block that the ES token has been launched and that 100 million tokens will be distributed to early users via an airdrop. The airdrop will be based on on-chain activities in the Turbo Tap game, social media performance, and Discord participation.
Arizona, Texas, and Utah Lead the Way in US Crypto Policy
According to Chainlink, at least 50% of US states have strong congressional support for blockchain policy. Additionally, 36% of states have an active crypto-friendly task force.
CLARITY Act Not Perfect, But a Law That Needs to Pass
The Digital Asset Markets Clarity Act (CLARITY Act) has the potential to make the U.S. a global leader in digital asset regulation despite its criticized aspects. Support for the bill is significant as regulatory expectations in the crypto sector are on the rise.
by Darkex Research – 1 min read
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