Wukongjie Information Issue 106: Trump’s encryption income is hundreds of millions, Taiwan’s encryption law is passed, Circle is under siege, is ENS DAO going to be disbanded due to civil strife? |July 2 Coin Circle Express

Original author：AI悟空说

Original source：https://www.youtube.com/embed/AGW-KwU_sqs

Taiwan passed its first crypto-specific law, the Virtual Asset Services Act, to clarify the regulatory framework. Jeremy Allaire responded to OUSD competition: USDC’s moat comes from network effects and liquidity advantages. Ark Invest bought more than $75 million in crypto-related stocks in June. The Ethereum ecosystem established a non-profit organization, Ethereum Institutional, to promote institutional adoption. American Bitcoin will implement a 1:15 reverse stock split to maintain the Nasdaq listing. Trump’s crypto revenue disclosure intensifies the urgency of negotiating the ethical provisions of the Clarity Act. Jefferies warns investors not to buy the bottom when Circle’s stock price drops, as Open USD brings new competitive pressure. Solana launches an on-chain governance mechanism, and the proposal requires 15% pledge support before voting. Uniswap is already on Robinhood Chain goes online on CryptoQuant: CeFi lending market size fell 6% quarter-on-quarter in Q1, shrinking for the first time since Q3 in 2024 Cantor Fitzgerald: The Bitcoin cycle indicates that the market may bottom out in the next few months Cloudflare launches a monetization gateway that enables stablecoin payments through the Only one of the three tokens issued by Wynn survives. WYNN has a market value of only US$320,000 and is highly controlled.