The UK government has designated Microsoft (MSFT. O), Google (GOOG. O), Amazon (AMZN. O), and Oracle (ORCL. N) as key third parties and placed them under direct supervision to protect the UK financial system. (Golden Ten)

According to CNA, Binance CEO Richard Teng stated that the platform aims to increase its user base to 3 billion by 2030. Binance is accelerating its application for compliance licenses in Asia and partnering with BlockShoals Technologies in the Philippines to enter the local market. Richard Teng stated that the withdrawal of the Greek MiCA license application is a delay in approval, and Binance is still in communication with EU regulatory agencies. At present, about 740 million people worldwide are exposed to cryptocurrency assets, of which about half are Binance users. The platform invests over $300 million annually in compliance, with about a quarter of its employees responsible for compliance, and strengthens user asset protection through reserve proofs and SAFU funds.

[Cango to Execute 10:1 Reverse Stock Split on July 21] According to PR Newswire, NYSE-listed Bitcoin mining company Cango will execute a 10:1 reverse stock split of Class A and Class B common shares on July 21 (UTC+8). The stock ticker will remain CANG, and fractional shares will be rounded down and canceled.

Circle's pre-market stock price rose more than 6% to $66.8, and Circle has been approved by the US Monetary Authority to establish a national trust bank.

According to Bloomberg, as investment in cryptocurrency startups continues to slow down, cryptocurrency venture capital funds are shifting their funds towards AI, robotics, and other emerging technologies. （Cointelegraph）