The Federal Reserve's Kashkari stated that in order to address the solidification of inflation risks, it tends to gradually tighten policy.

Circle announced that the New York State Department of Financial Services has granted a limited purpose trust license to its subsidiary, Circle Internet Trust Company LLC. Jeremy Allaire, co-founder, chairman, and CEO of Circle, stated that obtaining a New York trust license is the company's long-term goal, and the regulatory clarity brought by the license places USDC within a recognized regulatory framework.

The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGC-backed shipping controls.

[Michigan Retirement Fund Increases Strategy Holdings to 14,000 Shares] According to BitcoinTreasuries.NET, the Michigan Retirement Fund, which manages approximately $122 billion, has increased its Strategy holdings by 141%, bringing the total shares held to 14,000, with a market value of approximately $1.34 million.

Hyperliquid co-founder Jeff Yan stated that the initial version of HIP-4's permissionless deployment feature has been launched on the testnet, and developers can learn about deployment operations through interface documentation. In the future, configurable fees and more testnet templates will be released, and the team is collecting community feedback.