Sonic SVM announces that SONIC tokens will be issued tomorrow at 20:00

US President Trump urged Congress to pass the Clarity Act during a White House meeting, aimed at establishing a clear regulatory framework for digital assets and maintaining the US's leading position in the cryptocurrency field. The bill aims to clarify the authority of the SEC and CFTC in regulating digital assets and establish a federal level regulatory system for the cryptocurrency market. The attendees of the conference include executives from Coinbase, Ripple, Robinhood, Kraken, Chainlink, Gemini, as well as SEC Chairman Paul Atkins, CFTC Chairman Michael Selig, and White House Crypto Advisor Patrick Witt. The bill is expected to be resubmitted to the Senate for review in September. Trump emphasized that his administration has implemented policies such as strategic Bitcoin reserves, digital asset reserve programs, banning the US central bank digital currency (CBDC), and the Clarity Act.

According to Onchain Lens monitoring, Multicoin Capital deposited 627300 HYPE worth $4.37 million into Coinbase Prime.

Robinhood CEO Vlad Tenev stated that tokenization is increasing access to US assets in over 120 countries worldwide, while US investors are being excluded. （Cointelegraph）

According to Axios, the US military has established a shipping channel in the Strait of Hormuz, and currently 15 to 20 oil tankers have entered and exited through the southern waterway along the coast of Oman, transporting about 10 million barrels of oil per day into the global energy market.

Forbes article states that Vice President Vance's views on the global reserve status of the US dollar have sparked discussions on the Triffin dilemma of the dollar system. The article points out that the reserve status of the US dollar weakens the competitiveness of the US manufacturing industry and exacerbates the trade deficit, while stablecoins still rely on US government debt. Bitcoin has the characteristics of fixed supply, no need for national credit endorsement, and digital settlement, which may become a neutral reserve asset to alleviate dependence on a single country's debt. The article also points out that Bitcoin faces problems such as price fluctuations, limited institutional adoption, and insufficient maturity of the custody system.