Morning News Update #Web3

📉 Fed Governor Bowman: Backs rate cuts starting in September, expects three reductions in 2025.

🏦 El Salvador CNAD Chair: New law will allow licensed banks to offer digital asset services.

🛡️ Stability DAO (@stabilitydao): Hit by CrediX exploit, working to recover funds.

🏛️ White House Crypto Committee Exec Director Bo Hines (@BoHines) to step down.

📊 Coinglass (@coinglass_com): About 69,400 $ETH flowed into CEXs over the past 24h.

#Web3 #CryptoNews #BoHines #Coinglass #ETH #ratecuts #DigitalAssets