Thursday, July 31 - Digital Currency Dynamics Summary!
1. Preview of the White House Digital Asset Report released, outlining the "Cryptocurrency Golden Age" advocated by Trump.
2. JPMorgan and Coinbase are collaborating to make it easier for JPMorgan clients to purchase cryptocurrencies.
3. CBOE submits general listing standards for crypto asset ETPs, with SOL and XRP ETPs expected to launch in Q4.
4. Robinhood's Q2 2025 crypto business revenue is projected to be $160 million, with market expectations at $162.1 million.
5. Indonesia will increase the cryptocurrency transaction tax rate.
6. The U.S. SEC approves the physical redemption of crypto asset ETP shares.
7. Insiders: Twenty One Capital is considering providing USD loans collateralized by Bitcoin.
8. Crypto assets on Coinbase that have been futures for 6 months will automatically be approved for ETP listing, expected to take place in September to October.
9. BlackRock: Views stablecoins as a new component of future finance, BTC may serve as a tool for diversified investment returns.
10. Opinion: Bitcoin is still very likely to reach new highs in the medium term, but caution is needed for short-term momentum exhaustion.
11. Two co-founders of Samourai Wallet will plead guilty to related charges brought by the U.S. against this crypto mixing service.
12. Bloomberg analysts: The U.S. SEC introduces general listing standards for crypto ETPs, with about a dozen eligible crypto assets.
13. The Bank of Korea suspends wholesale CBDC and deposit token plans, seeks to promote exploration of a Korean won stablecoin.
