China Industrial Bank will prioritize research into stablecoins and expand its “AI+” initiative, according to a report published by Shanghai Securities News. At its mid-year work conference, the bank outlined plans to accelerate the shift from a “Digital Industrial Bank” to a “Smart Industrial Bank. ” It said the effort will be supported by the “Data Elements […] source: https://cryptonews.com/news/china-industrial-bank-ai-stablecoin-plan/

PayPal announced the rollout of a new payment option that will enable small U. S. businesses to accept 100 cryptocurrencies on its platform. source: https://zycrypto.com/paypal-to-let-u-s-businesses-accept-btc-eth-xrp-and-sol-to-reduce-cross-border-costs/

ETH treasury buying and consistent spot ETF inflows have not been sufficient enough to send Ether price above $4,000. Is a correction incoming? source: https://cointelegraph.com/news/eth-traders-predict-lower-support-retest-before-breakout-to-4k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A fast‑moving fight over mining power consumed Monero’s weekend after Sergey Ivancheglo used X to promote an “economic” campaign to dominate the network’s hashrate, which was met by community resistance. The fight escalated after Ivancheglo, the figure behind Qubic and better known as Come‑from‑Beyond (CFB), confirmed the takeover intentions with an incentive-driven 51% attack. source: https://cryptoslate.com/monero-community-pushes-back-as-qubics-51-hash-rate-bid-falters/

Metaplanet, SharpLink, BTCS, Marathon, Upexi, Mill City and more are rapidly expanding public crypto treasuries with fresh BTC, ETH, SOL, BNB & SUI buys. source: https://www.theblock.co/post/364528/the-daily-bitcoin-and-altcoin-treasuries-surge-paypal-rolls-out-pay-with-crypto-sec-delays-truth-social-bitcoin-etf-and-more?utm_source=rss&utm_medium=rss

Concerns about a looming global debt crisis have taken the world’s top hedge fund manager from doubting Bitcoin to tentatively embracing BTC. source: https://zycrypto.com/billionaire-ray-dalio-endorses-15-allocation-to-bitcoin-and-gold-to-hedge-against-mounting-us-debt/

Solana (SOL) founder Anatoly Yakovenko recently sparked debate in the community by saying meme coins and NFTs have no intrinsic value. While it’s true they don’t offer the same value proposition as Bitcoin (BTC), Ethereum (ETH), or other top-tier assets, they have something just as powerful: a massive cult-like base. The following has been enough to […] source: https://cryptonews.com/news/snorter-token-raises-2-5m-meme-coin-market-83b/

According to Cointelegraph, Representative Tom Emmer, the sponsor of the U.S. House's Anti-CBDC Surveillance State Act, has emphasized the potential impact of the bill on the Federal Reserve's ability to issue a central bank digital currency (CBDC). During a press call on Friday, the Minnesota representative discussed the progress of the Anti-CBDC bill, which he introduced in March. Emmer stated that the bill would allow the Federal Reserve to explore the development of a digital dollar, provided it emulates cash in specific ways and remains open, permissionless, and private. The legislation proposes amending the Federal Reserve Act to prevent federal banks from issuing any digital asset substantially similar to a CBDC. The bill was one of three pieces of legislation passed by the House this month as part of the Republicans' "crypto week" plans. These included measures addressing payment stablecoins and digital asset market structure. However, the Anti-CBDC bill received the least support from Democrats in the House of Representatives. Of the three bills passed on July 18, only the GENIUS Act, aimed at regulating stablecoins, has been signed into law by U.S. President Donald Trump, having already passed the Senate. The Senate is expected to consider the Digital Asset Market Clarity (CLARITY) Act on market structure and Emmer's CBDC bill after returning from its August recess. Republican leaders have set a September goal for advancing the crypto market structure legislation. While the CBDC bill is likely to remain on the Senate's agenda in September, statements from Republican leaders indicate a prioritization of the CLARITY Act, with expectations to pass the bill through the chamber before October. Wyoming Senator Cynthia Lummis, chair of the Senate Banking Committee's digital assets subcommittee, has advocated for the chamber to remain in session through August to address some of President Trump's nominations, including the prospective Commodity Futures Trading Commission Chair Brian Quintenz. A spokesperson for Senator Lummis indicated her commitment to executing the president's agenda during this period, suggesting she may also use the time to prepare the crypto market structure bill. As of Monday, the Senate is still scheduled to go on recess on August 3.

The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking. source: https://cointelegraph.com/news/tom-emmer-cbdc-bill-federal-reserve?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A Satoshi-era holder was recently confirmed to have offloaded their Bitcoin (BTC) stack for $9 billion – a move that, to some, has stirred fresh FUD about the long-term fate of the top crypto. For certain early holders, the growing wave of institutional involvement appears to clash with Bitcoin’s original ethos, and that tension may be […] source: https://cryptonews.com/news/bitcoin-hyper-ico-hits-5-4m-as-whales-exit-bitcoin/

The RWA+stablecoin system has the characteristics of anchoring real legal and physical existence, independent market and new gameplay, as well as stablecoins as settlement fuel, which enables rapid flow and transparent transactions of assets.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Is crypto regulation a regression to the ideal of decentralization, or is it an inevitable trend towards the standardized evolution of the financial system?

Stablecoin, talk about stablecoin with Xiao Feng again: return to the essence of technology and avoid misunderstandings. Golden Finance, the nature of stablecoin is determined by its technical attributes.

SharpLink Gaming has made headlines in the crypto world with a bold treasury move: purchasing 77,210 ETH—worth approximately $295 million—surpassing the total Ether issued on the Ethereum network in the past month.

“The death spiral of the traditional fiat financial system will drive the skyrocketing flywheel of cryptocurrencies. Embracing cryptocurrencies is not a question of return on investment, but a choice about personal and family economic security.”

What makes BNB soar again and again? How much can it rise in the future? Is a crypto treasury reserve bubble forming?

El Salvador’s high-profile experiment with Bitcoin seems like its coming to an end following the restrictions the country is facing on top of the fading public enthusiasm for Bitcoin.

ETH, Ethereum has been sharpening its sword for ten years. Golden Finance, ten years of ups and downs, a gorgeous transformation of digital assets.

Vietnam's experience may provide a viable template for other emerging markets and developing countries.