CryptoTalk | Quick Crypto Update

📢 Headlines:

- SEC drops Binance lawsuit “with prejudice”, permanently ending the 2023 case—major win for crypto under new U.S. leadership.

- Bitcoin trades around $107K, Ethereum at $2,580, both showing slight dips amid market uncertainty.

⚖️ Regulation:

- Hong Kong’s stablecoin licensing begins Aug 1, requiring strict reserves and fiat backing.

- Ant Group (Alibaba) plans to apply for a license in HK, with eyes on Singapore and Luxembourg too.

🎮 Gaming & Blockchain:

- The Somnia/MMO testnet remains active

📢 More updates coming soon!

$BTC $BNB $ETH

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