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📛 02 August 2025 Today Update 📛 According to recent news reports, the U.S. Securities and Exchange Commission (SEC) has launched "Project Crypto," an initiative to modernize regulations for cryptocurrencies and digital assets. The project aims to make the US a leader in the digital asset space by moving away from a "regulation-by-enforcement" approach and providing clearer guidelines for the industry. Key aspects of Project Crypto include: * New Regulatory Framework: The project will draft rules for the distribution, custody, and trading of crypto assets, as well as clarify how to categorize different digital assets (e.g., as digital collectibles, digital commodities, or stablecoins). * Focus on Innovation: The initiative is designed to be more innovation-friendly, allowing for "super-apps" that combine trading, lending, and staking under a single license. It also provides "grace periods" for early-stage crypto projects to avoid premature litigation. * Impact on the Market: The announcement has been met with mixed signals. Some see it as a positive step toward wider adoption, while others are wary of increased government oversight. The news has caused some market volatility, with Bitcoin seeing some profit-taking and Ethereum consolidating. #ProjectCrypto #TrumpTariffs #MarketPullback #ETHCorporateReserves #DELABSBinanceTGE
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01 August 2025 Today Update President Donald Trump signed an executive order on July 31, 2025, imposing a new set of "reciprocal tariffs" on a wide range of trading partners. These tariffs, which are set to go into effect in seven days, on August 7, 2025, range from 10% to 41%. Key points from the update: * The new tariffs are a follow-up to previous tariffs announced in April and are part of Trump's broader trade agenda. * The tariffs vary by country, with the rates based on a country's trade deficit and "strategic alignment" with the U.S. * Countries facing some of the highest tariffs include Syria (41%), Switzerland (39%), and Canada (35% on certain goods). * India will face a 25% tariff, with the possibility of an additional penalty for trade with Russia. * The EU will face a 15% tariff on goods with a current duty rate of less than 15%. * The White House has stated that some of the tariffs are a result of countries failing to cooperate with the U.S. on trade and other issues, such as Canada's alleged failure to curb fentanyl flows. #TrumpTariffs #MarketPullback #SECProjectCrypto #WhiteHouseDigitalAssetReport
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01 August 2025 Today Update "Market pullback" is a general term used in finance and refers to a short-term drop in the price of an asset or market after a period of gains. It is not a specific project or company. Based on recent news, a market pullback has been a topic of discussion due to various factors. For example, a recent article mentioned a pullback in the US stock market due to US-China trade tensions, and another article discussed a Bitcoin pullback in March 2025 caused by President Trump's decision to impose higher import tariffs. Another article mentions a market pullback from a historic rally in 2025. Here is a general image related to a stock market pullback: #MarketPullback #SECProjectCrypto #TrumpTariffs #WhiteHouseDigitalAssetReport
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01-08-2025 Today Update📛 While I can't provide a real-time update on a project named "SECProjectCrypto" as it is not a publicly recognized name, I can share significant recent news about the SEC's activities concerning cryptocurrency, which appears to be what you're looking for. On July 31, 2025, SEC Chair Paul Atkins announced a new initiative called "Project Crypto," which aims to modernize securities rules for the digital asset market. This announcement follows the release of a report from the President's Working Group on Digital Assets and signals a significant shift in the SEC's approach to crypto regulation. Key details of "Project Crypto" and related SEC actions include: * Regulatory Clarity: The SEC will work to provide clear guidelines for when a crypto asset is considered a security. This is a move away from the previous "regulation by enforcement" strategy. * Support for Innovation: The initiative seeks to use "interpretative, exemptive, and other authorities" to prevent "archaic rules" from stifling innovation and entrepreneurship in the crypto space. * ETF Approvals: The SEC has approved "in-kind redemptions" for spot Bitcoin and Ether ETFs, a change that could lower costs and improve efficiency for institutional investors. This decision is seen as a major win for the industry. * Joint Oversight: The plan suggests a cooperative approach with the Commodity Futures Trading Commission (CFTC), with the CFTC potentially having sole authority over spot markets for non-security digital assets. This new direction aims to make the U.S. a leader in digital asset markets by creating a more predictable and transparent regulatory framework. #SECProjectCrypto
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WalletConnect & WCT Today's Update (July 31, 2025): WalletConnect (the protocol): * WalletConnect continues its focus on expanding the Web3 ecosystem. Recent updates highlight the v2 upgrade which reconstructs DApp interaction logic, making it more efficient and secure. * The network has surpassed 300 million cumulative connections and over 47.5 million unique wallets have connected, demonstrating increasing adoption. * WalletConnect is prioritizing Smart Sessions (Automated Onchain Actions) to improve user experience by reducing constant wallet popups and enabling apps/AI agents to transact on behalf of users with secure permissions. * The roadmap for 2025 emphasizes decentralization, with plans for increased node operators and community-led governance. $WCT (WalletConnect Token): * Current Price: WCT is trading around $0.32 - $0.33 USD, with slight fluctuations in the last 24 hours. * Market Status: The token has a circulating supply of approximately 186-190 million WCT and a market cap around $59-61 million USD. * Recent News: * WCT is the native utility token for the WalletConnect ecosystem, used for governance (allowing holders to participate in protocol decisions) and potentially future transaction fees. * There's ongoing discussion about staking to participate in relay node operations and earning fees, as well as the deflationary model where 30% of protocol revenue is used to burn WCT. * WCT has seen recent expansion to the Solana network, with an airdrop of 5 million tokens to active Solana users. * Community sentiment appears bullish on WCT's long-term potential, with forecasts suggesting potential growth to $1+ by 2026-2028. #WalletConnect , $WCT and @WalletConnect
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