[Federal Reserve Releases Large Bank Supervision Manual to Enhance Regulatory Transparency] The Federal Reserve has released a staff manual for the supervision of large banks, marking an effort to enhance transparency as part of its process to reshape the banking regulatory system. Michelle Bowman, Vice Chair for Supervision at the Federal Reserve, stated that by strengthening regulatory transparency, the Federal Reserve is holding itself to higher standards and ensuring it fulfills its supervisory responsibilities in an appropriate and fair manner.

In the past hour, a total of $60 million in short positions have been liquidated in the entire cryptocurrency market. （Cointelegraph）

[PayPal USD Stablecoin PYUSD Officially Launched on Stable Mainnet] The USD stablecoin PYUSD issued by PayPal has now officially launched on the Stable mainnet.

In the past 30 minutes, short cryptocurrency positions worth $60 million have been liquidated. （Watcher.Guru）

[Singapore DBS Bank Receives Another 3,000 ETH from GSR] 7 hours ago, Singapore DBS Bank received another 3,000 ETH from market maker GSR, valued at approximately $8.48 million.