Here are the latest crypto news in English for you:
📰 Top Headlines
1. Bitcoin & Altcoins Slide Despite Stock Market Gains
On July 23, Bitcoin fell ~0.5% to about $117,600 after failing to hold above $120K, while XRP dropped 6.3%, Ether 1.3%, Solana 4.6%, and Dogecoin 7.4%. The decline follows U.S.–Japan trade deal strength in equities. The SEC paused approval of a Bitwise index ETF, introducing regulatory uncertainty .
2. GENIUS Act Passes — U.S. Stablecoin Regulation Enacted
The GENIUS Act has become law, establishing U.S. regulations requiring stablecoins to be fully backed and audited. It provides dual oversight between federal and state agencies. Major companies like Walmart, Amazon, and Mastercard are exploring stablecoin use, though full effects may take 12–18 months .
3. JPMorgan May Offer Crypto-Backed Loans
According to FT, JPMorgan is exploring crypto-backed lending—using BTC and ETH as collateral—possibly launching next year. Despite previous skepticism from CEO Jamie Dimon, the bank is expanding in stablecoin creation and crypto services .
4. Senate Introduces Crypto Market Structure Draft Bill
The Senate Banking Committee has released a draft bill expanding the CLARITY Act, aiming to define crypto assets, ease SEC registration for certain tokens, and update digital asset disclosures. This follows House progress and is part of broader U.S. regulatory trajectory .
5. Tokenization: Finance’s Next Frontier?
Tokenizing real-world assets (stocks, bonds, real estate) could see explosive growth—from a $256B market today to $2T by 2028. However, challenges include lack of infrastructure, fragmented networks, and compliance concerns. Major financial players like Bank of America, BlackRock, and Citi are investing .
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🔍 What This Means
Regulatory Shift: U.S. laws like GENIUS and the market structure bill signal increasing clarity and institutional adoption.
Institutional Integration: Big banks are entering crypto via loans and trading products.
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