BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.

[Michael Egorov: FATF Regulatory Pressure Will Drive DeFi to Enhance Security and Decentralization] According to The Block, Curve founder Michael Egorov stated that FATF's regulatory pressure on DeFi will push protocols to remove privileged access, upgrade risk management, and limit the ability to intervene in user funds. Last month, FATF released a report proposing the use of control tests to determine when anti-money laundering standards should apply to DeFi. Currently, out of 143 reporting jurisdictions, 132 have yet to apply Recommendation 15 to eligible DeFi arrangements, with only 2 jurisdictions having licensed or registered DeFi arrangements.

According to the Washington Post, the US debt is expected to exceed 40 trillion US dollars this week, several months ahead of schedule, partly because Trump's tariff policy changes led to the loss of fiscal revenue, forcing the US Treasury Department to speed up lending. The Congressional Budget Office had predicted that the total amount of treasury bond in this fiscal year would be $39.4 trillion, but the data released by the Ministry of Finance on Monday showed that the treasury bond had reached $39.9 trillion. The accelerated accumulation of debt has brought forward the deadline for raising the statutory borrowing limit, which was set by Congress last year at $41.1 trillion.

[Bybit Launches MNST, ISRG, DDOG US Stock Perpetual Contracts] Bybit launches MNST, ISRG, DDOG US stock perpetual contracts, supporting up to 25x leverage, with a limit order fee rate of 0% and a market order fee rate at 50% discount.

[A Trader Sold 37.96 Million Bull Tokens, Missing Out on $1.3 Million in Gains] According to monitoring by Lookonchain, a trader spent $148 to purchase 37.96 million Bull tokens. The trader sold all too early, earning $1,430 in profit but missing out on a potential $1.3 million in gains.