Stablecoin

President Trump

NEWS DIGEST – 07.08.2025 <a rel="noopener noreferrer nofollow"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley"></a>&nbsp;<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9e0.png" alt="🧠" class="wp-smiley"> 1. Trump Signs the GENIUS Act <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley">President Trump has signed the GENIUS Act, creating the first official U.S. stablecoin regulation framework <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa99.png" alt="🪙" class="wp-smiley">. It includes asset-backing, regular audits, and innovation support. Major step for global crypto legitimacy <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f30d.png" alt="🌍" class="wp-smiley">.⸻<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3e6.png" alt="🏦" class="wp-smiley"> 2. Hong Kong’s Stablecoin Rule Triggers Privacy Concerns <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1ed-1f1f0.png" alt="🇭🇰" class="wp-smiley">As of August 1, Hong Kong requires all stablecoin users to undergo strict KYC <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f62c.png" alt="😬" class="wp-smiley">. While it’s aimed at AML compliance, many in the crypto industry say it could kill privacy and user trust <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f575-fe0f-200d-2642-fe0f.png" alt="🕵️‍♂️" class="wp-smiley"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f480.png" alt="💀" class="wp-smiley">.⸻<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b0.png" alt="💰" class="wp-smiley"> 3. Bitcoin Holds Strong Above $114,500 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley">Bitcoin is holding support at $114.5K, showing signs of a possible breakout if resistance breaks <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f48e.png" alt="💎" class="wp-smiley">. Institutions are returning, and the bulls are watching <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f402.png" alt="🐂" class="wp-smiley"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f50d.png" alt="🔍" class="wp-smiley">.⸻<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley"> 4. U.S. “Project Crypto” Gets RealTrump’s broader digital asset vision, Project Crypto, gains momentum as Washington leans into blockchain infrastructure <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3d7.png" alt="🏗" class="wp-smiley">. Expect more pro-crypto policy moves soon <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f51c.png" alt="🔜" class="wp-smiley">.

NEWS DIGEST – 07.08.2025 🚀 GENIUS Act Signed: US Launches Official Stablecoin Regulation | Bitcoin Holds $114K

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