Brad Garlinghouse: The first meeting of the CFTC Innovation Advisory Committee reached a consensus that the old rules of the cryptocurrency industry urgently need to be reshaped

According to Onchain Lens monitoring, the Bhutanese royal government transferred 10.779 bitcoins worth approximately $835000 to two new addresses, one of which is 32jhgBZ8hjVrrYaEQmz75BBve6rxdVyuR8.

Ripple CEO Brad Garlinghouse stated on X platform that the first meeting of the Innovation Advisory Committee of the US Commodity Futures Trading Commission (CFTC) reached a consensus that the old rules of the cryptocurrency industry urgently need to be reshaped.

[Main Password: The main force has obvious pressure, with intensive sell orders hanging at key positions above BTC] Funds are testing key levels frequently, with intentions unclear. Whether major moves will follow remains uncertain.

Crypto KOL Unipcs stated that the market has underestimated the development scale of the on chain market in this round. Currently, Robinhood, BNB Chain, Base, and Solana are competing comprehensively for the retail market, liquidity, users, and attention. Major ecosystems are investing resources to drive growth, and competition and activity in the on chain market will heat up.

US President Trump is attempting to force Iran to end the war through a new round of sanctions, maritime blockades, and pressure on Iran's trading partners. The Iranian Islamic Revolutionary Guard Corps has effectively controlled the Strait of Hormuz and launched attack drones into the Persian Gulf. Finance Minister Besant will announce new plan details on Monday, shifting the conflict towards comprehensive economic isolation.