**THE US GOVERNMENT HOLDS FAR LESS BITCOIN THAN PREVIOUSLY BELIEVED**

* Documents obtained under the Freedom of Information Act (FOIA) revealed that the U.S. Marshals Service holds 28,988 BTC.

* The value of these reserves is estimated at around $3.44 billion, significantly lower than public estimates.

* Previous assumptions suggested that the U.S. government might hold up to 200,000 BTC.

**THE US HOUSE OF REPRESENTATIVES PASSES KEY CRYPTO BILLS**

* After the longest procedural vote in its history, the U.S. House of Representatives officially passed legislation allowing further work on three major bills.

* The vote concerned the GENIUS Act, the CLARITY Act, and a bill banning the creation of a central bank digital currency (CBDC).

* These bills aim to establish clear regulatory frameworks for the digital asset market and stablecoin issuers in the United States.

**CITI CONSIDERS LAUNCHING ITS OWN STABLECOIN**

* The CEO of Citi revealed that the bank is considering developing its own stablecoin.

* The project aims to streamline cross-border payments and settlements.

* This is yet another sign of growing interest in blockchain technology among major global banks.

**RIPPLE PARTNERS IN UAE TO TOKENIZE REAL ESTATE**

* Ripple is expanding its operations in the United Arab Emirates by partnering with a firm called Ctrl Alt.

* The partnership aims to use the XRP Ledger to tokenize property ownership deeds in Dubai.

* The collaboration also paves the way for digital asset custody services in the Middle East as part of a government-led initiative.

**RUSSIA ADOPTS DIGITAL RUBLE LAW**

* Russian lawmakers have passed legislation establishing a legal framework for the digital ruble.

* The new regulations call for the official rollout of the central bank digital currency (CBDC) by September 2026.

* This marks a key step toward launching Russia’s own state-controlled digital currency.

**COINBASE TRANSFORMS ITS WALLET INTO 'BASE APP'**

* Coinbase is transforming its Coinbase Wallet into a new platform called Base App.

* The app will combine social features, crypto trading, USDC payments, and decentralized mini-applications.

* The goal is to create an integrated, all-in-one platform for crypto ecosystem users.

**MICROSTRATEGY HITS RECORD MARKET CAPITALIZATION**

* Nasdaq-listed MicroStrategy has reached a record market capitalization of $124.64 billion.

* It is the largest publicly traded company in the world holding bitcoin as a reserve asset.

* As of July 14, the company held 601,550 BTC, valued at over $73 billion.

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