This is what you need to know before going to sleep 😴

1- According to FT, the U.S. law on the stablecoin GENIUS took the EU by surprise, pushing the ECB to accelerate its digital euro plans and consider issuing it on public blockchains like Ethereum or Solana, instead of the previously favored centralized and closed system.

2- Federal Reserve Chairman Powell: The Federal Reserve is abandoning its flexible average inflation target framework for 2020.

3- China Renaissance announced a memorandum of strategic cooperation with YZi Labs.

4- SharpLink, an Ethereum microstrategy firm, announced that its board of directors approved a share buyback program of up to $1.5 billion.

5- Coinbase says that North Korean IT workers have set their sights on Coinbase and are demanding in-person training.

6- Binance founder CZ announced that BNB is now available to trade at RAKBANK, one of the largest and most important banks in the UAE.

7- The Taiwanese prosecution is investigating the largest money laundering case in history, related to a physical virtual currency exchange platform.

8- According to data from DeFiLlama, driven by Kanye's YZY token, Meteora recorded a trading volume of $1.183 million in the last 24 hours.

9- BitMEX co-founder Arthur Hayes stated in an interview that he has repurchased ETH, citing that "the chart shows it is going up."