According to Cointelegraph, the U.S. House of Representatives has incorporated a provision into a comprehensive bill that prohibits the Federal Reserve from issuing a central bank digital currency (CBDC). This measure is part of a nearly 1,300-page document outlining the nation's defense policy for the fiscal year 2026. The revision of HR 3838, which is the House's version of the National Defense Authorization Act, was shared by the House Rules Committee on Thursday. It includes extensive language that prevents the Federal Reserve from studying or creating digital currency. The House previously passed a similar Republican-backed bill, known as the Anti-CBDC Surveillance State Act, in July with a narrow vote of 219 to 210. However, its future in the Senate remains uncertain. The National Defense Authorization Act and related appropriations bills are considered essential national security legislation, as they determine military funding and budget allocation. It is common for lawmakers to attach non-defense-related provisions to such bills, which might face delays or significant revisions if proposed independently. House leaders had pledged to include the CBDC ban in the defense bill as part of an agreement with conservative hardliners in July. A faction of Republican holdouts had stalled the advancement of three crypto bills, demanding assurance that the CBDC ban would be enacted. This led to a prolonged debate lasting over nine hours, marking the longest in the House's history. Initially, the passage of the CBDC-banning bill on its own seemed improbable due to insufficient support. However, the debate progressed after House Majority Leader Steve Scalise confirmed that the CBDC ban would be incorporated into the National Defense Authorization Act. The provision within the defense policy bill aims to prevent the Federal Reserve from issuing any digital currency or asset and restricts the central bank from offering financial products or services directly to individuals. It specifies that the central bank cannot "test, study, develop, create, or implement" a digital currency or asset, while allowing an exception for stablecoins. The bill does not prohibit "any dollar-denominated currency that is open, permissionless, and private." House Republicans have been advocating for a CBDC ban for some time. The party's leaders attempted to pass a version of the CBDC-banning bill during the previous Congressional session. The similarly named CBDC Anti-Surveillance State Act was introduced by Representative Tom Emmer in early 2023 but did not advance and expired with the last Congress. Emmer has reintroduced a version of the bill in the current Congress, with Republican support aligning with U.S. President Donald Trump's executive order in January prohibiting CBDCs.

According to Foresight News, during the 10th member meeting of the Blockchain Promotion Council of Japan (BCCC), JPYC CEO Noritaka Okabe was appointed as Vice Representative Director. This appointment marks a significant development in the council's leadership structure, reflecting the growing importance of stablecoin issuers in the blockchain industry.

Kraken is making a bold move into artificial intelligence with its acquisition of Israel-based Capitalise.ai, a no-code trading automation platform that transforms natural-language commands into executable strategies.

Ethereum price started a recovery wave above the $4,150 zone. ETH is now back above $4,250 but it faces many hurdles near $4,300. Ethereum started a recovery wave above the $4,200 and $4,250 levels. The price is trading below $4,320 and the 100-hourly Simple Moving Average source: https://www.newsbtc.com/analysis/eth/ethereum-price-battles-barrier-4300/

According to Foresight News, Solana-based privacy transaction project Vanish has successfully raised $1 million in a seed funding round. The round was led by Colosseum, with participation from Solana Ventures, Pivot Global, and Solana co-founder Toly. This funding aims to enhance the development and implementation of privacy solutions within the Solana ecosystem.

The tokenized asset market is projected to grow as large as $18. 9 trillion by 2033, according to a joint report from Ripple and BCG. source: https://www.theblock.co/post/367886/sbi-holdings-startale-tokenized-stock-platform?utm_source=rss&utm_medium=rss

According to Foresight News, the L1 blockchain project Fogo has announced the establishment of the Fogo Foundation. The foundation's initial priorities include supporting traders and builders within the ecosystem by providing tools, infrastructure, and applications to facilitate expansion. Additionally, it aims to raise awareness and engagement among new members through educational initiatives. The foundation will also offer a swift and coordinated initial governance framework in its early stages. Importantly, the Fogo Foundation will operate independently from any company or team.

A Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.

Bitget Wallet integrates with Base's Aerodrome to enhance on-chain liquidity and access. source: https://coincu.com/356570-bitget-base-aerodrome-integration

A top DOJ official says writing code “without ill intent is not a crime. ” The promise comes after the conviction of the Tornado Cash developer. The DOJ vows not to use indictments as a lawmaking tool for crypto source: https://coinjournal.net/news/a-new-era-for-crypto-doj-official-says-well-intentioned-developers-are-not-a-target/

Binance’s native token BNB reached a new milestone today, setting an all-time high of $881 before correcting slightly to $849 at the time of writing. Despite broader market consolidation in recent days, BNB’s performance marked a 2. 6% increase in the past 24 hours. The development has drawn notable attention from traders and analysts, many of whom are now evaluating whether the momentum is sustainable source: https://www.newsbtc.com/analysis/bnb/bnb-sets-new-all-time-high-above-880-heres-what-traders-should-watch-next/

Bitcoin price is attempting to recover from $112,000. BTC is back above $113,200 but faces many hurdles on the way up to $118,000. Bitcoin started a recovery wave above the $112,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average source: https://www.newsbtc.com/analysis/btc/bitcoin-price-stays-in-red-112k/

Based on factors such as record global liquidity, accelerated institutional adoption, and a structural shift towards an institutional-dominated market, Tiger Research predicts that the price of Bitcoin will reach $190,000 in the third quarter of 2025.

Trump is pushing to remove Federal Reserve Board Governor Cook. If successful, he will have the opportunity to nominate four governors, thus controlling the majority of seats on the seven-member board and expanding his influence on the Fed's policies that the White House values ​​most.

Only by seizing on changes in Hong Kong policies and industries can one timely adapt to the development and transformation of the entire capital market. This is the original intention of most heads of asset management institutions in Hong Kong and their teams to rush into RWA products.

Golden Finance has launched the 2793rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

This article delves into Galaxy Digital's Q2 2025 financial results as the digital asset and data center solutions provider prepares for a transformation.

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

"Holding volume Ol is greater than market value MC" is an extremely strong speculative signal.

Recommended reading for tonight: 1. Kanye West's coin launch shrouded in doubt: Why are celebrity coins always plagued by controversy? 2. What's the current state of Bitcoin on-chain activity? 3. Hyperliquid's 11 employees power the decentralized Binance, which generates $1.1 billion in annual revenue.