**U.S. SEC OFFICIALLY RECOGNIZES STABLECOINS AS A KEY FINANCIAL COMPONENT**
🔸 The Chairman of the U.S. Securities and Exchange Commission (SEC) confirmed the first-ever government endorsement of a core digital asset.
🔸 This decision signals that stablecoins are now considered a fundamental part of the future financial infrastructure in the United States.
🔸 It marks a breakthrough moment for the adoption of blockchain technology in the American mainstream financial system.
**WESTERN UNION PLANS STABLECOIN INTEGRATION INTO ITS WALLETS**
🔹 Money transfer giant Western Union is exploring options to integrate stablecoins into its digital wallet offerings.
🔹 The goal is to use digital asset technology to streamline and accelerate global payments.
🔹 This move represents a step toward stablecoin adoption by one of the world’s largest payment operators.
**WHITE HOUSE TO RELEASE FIRST OFFICIAL CRYPTO POLICY REPORT**
🔸 The U.S. presidential administration is set to publish its first comprehensive report on digital asset policy.
🔸 According to reports, the release is expected by the end of July 2025.
🔸 This document will serve as the first major crypto policy roadmap from the Trump administration.
**COINBASE TO LAUNCH REGULATED PERPETUAL FUTURES IN THE U.S.**
🔹 Coinbase has announced plans to launch trading for perpetual futures contracts in the U.S.
🔹 The new regulated service will be available to American users starting July 2025.
🔹 It will allow customers to speculate on crypto price movements without owning the underlying assets.
**NORTH KOREAN LAZARUS GROUP LINKED TO COINDCX EXCHANGE HACK**
🔸 Cybersecurity experts have linked North Korea’s Lazarus hacker group to the attack on Indian crypto exchange CoinDCX.
🔸 The breach resulted in the theft of digital assets worth $44.2 million.
🔸 The exchange confirmed it has reimbursed all affected users in full.
**EV MANUFACTURER VOLCON RAISES \$500M TO BUY BITCOIN**
🔹 Nasdaq-listed electric vehicle manufacturer Volcon has completed a $500 million funding round.
🔹 The funds will be fully allocated to a strategy focused on building Bitcoin reserves.
🔹 Notable crypto firms such as Pantera, FalconX, and Borderless participated in the funding round.
**CUSTODIAN BITGO FILES FOR IPO**
🔸 Digital asset custody provider BitGo has confidentially filed for an initial public offering (IPO) in the U.S.
🔸 This is another crypto industry player aiming to enter traditional financial markets.
🔸 The IPO filing responds to increasing investor interest and a favorable regulatory environment in the U.S.
**STRATEGY (FORMERLY MICROSTRATEGY) PLANS TO RAISE $500M TO BUY MORE BITCOIN**
🔹 Strategy (formerly MicroStrategy) has announced a new initiative to raise $500 million in capital.
🔹 The funds will be raised through the sale of a new type of preferred stock called STRC.
🔹 The goal of the move is to further expand the company's Bitcoin reserves.
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