Crypto News from July 16:
1. The U.S. House of Representatives failed to pass a procedural vote on the encryption bill, which may be subject to a second vote on Wednesday.
2. The blockchain lending company Figure Technology plans to go public.
3. The U.S. Department of Justice closes the investigation into PolyMarket.
4. The 10 U.S. Bitcoin ETFs from yesterday recorded net inflows of 2,632 BTC, and the 9 Ether ETFs saw net inflows of 80,294 ETH.
5. CEO of JPMorgan Chase: Will participate in businesses related to stablecoins and the JPMorgan Chase Deposit Coin.
6. The OFA group listed in the United States receives $100 million in equity funding to build a cryptocurrency reserve focused on BTC, SOL, and SUL.