0704｜Your Web3 News Summary🔔

1️⃣ The U.S. House of Representatives will establish a 'Crypto Week' in mid-July to advance the GENIUS stablecoin bill and two other pieces of legislation.

2⃣ Huaxia Fund Hong Kong: Exploring integrated applications of stablecoins for payments, subscriptions, and asset management.

3⃣ Two large insurance companies in Russia have launched investment-linked life insurance tied to Bitcoin.