The Digital Chamber of Commerce has launched a new program called "State Network" aimed at educating US lawmakers and coordinating smarter cryptocurrency policies across the United States. （Cointelegraph）

((Blockchain. com) plans to go public in 2026) The co CEO of cryptocurrency broker and wallet provider (Blockchain. com) has announced that the company plans to go public in 2026. Previously, ((Blockchain. com)) had been in talks to go public in the United States through a special purpose acquisition company (SPAC). The company's valuation has fluctuated greatly in recent years due to market fluctuations. In March 2021, it raised $300 million with a post investment valuation of $5.2 billion, and in 2022, its valuation rose to $14 billion. However, by November 2023, its valuation fell back to $7 billion in a $110 million financing.

On chain data shows that the address "0x85C" has once again deposited $2.5 million USDC into HyperLiquid and opened a third BTC short position with a leverage of 40 times. In the past 24 hours, the address has made a total profit of $422000 through 2 transactions (1 profit, 1 loss). （Onchain Lens）

[Russian Constitutional Court to Rule on Property Rights of Stablecoins like USDT] The Russian Constitutional Court will decide whether citizens of the country have property rights over stablecoins such as USDT issued by Tether. Experts state that stablecoins pegged to fiat currencies do not fall under the category of digital financial assets (DFA), and Russia's current 'digital currency circulation' regulations do not apply to USDT. Alexey Guznov, Deputy Governor of the Russian Central Bank, considers stablecoins to be essentially a substitute for currency. This case may establish a legal precedent for stablecoin ownership, with the final ruling expected to be announced by the end of this year. Meanwhile, Russian lawmakers are cracking down on unregulated cryptocurrency-related activities.

[Swiss Crypto Bank AMINA Obtains Hong Kong License to Provide Institutional-Grade Crypto Services] Swiss crypto bank AMINA Bank AG has announced that it has received approval from the Hong Kong Securities and Futures Commission (SFC) for an 'upgrade to a Type 1 license,' becoming the first international bank to obtain such a license. This license allows AMINA Bank to offer cryptocurrency trading and custody services to institutional clients in Hong Kong. Its Hong Kong subsidiary will support services for 13 cryptocurrencies, including Bitcoin, Ethereum, USDC, USDT, and various DeFi tokens. AMINA Bank stated that this move will meet the demand for bank-grade cryptocurrency services in the Hong Kong region.