🇺🇸 White House crypto advisor Patrick Witt is targeting July 4 for Congressional passage of the Digital Asset Market Clarity Act. The Senate Banking Committee is expected to advance the bill this month, with disputes over stablecoin yield provisions largely resolved. The administration is also negotiating conflict-of-interest rules as part of the landmark crypto regulation framework. #Regulation #CLARITY #WhiteHouse

⚡ Zcash has surged 75% over the past week as demand for privacy-focused assets rises amid growing surveillance concerns and tighter exchange regulations. The privacy coin rally comes as retail investors show increased interest in decentralized privacy networks due to weak government trust and AI-driven data tracking concerns. Privacy coins are gaining momentum as potential high-upside plays given their low market caps. #Privacy #ZEC #Surveillance

📈 Spot Bitcoin ETFs have recorded an impressive five-day consecutive inflow streak, totaling nearly $1.7 billion in new investments. This sustained institutional and retail interest demonstrates strong market confidence in Bitcoin's long-term prospects. The significant capital inflows into ETFs continue to validate Bitcoin as a legitimate investment asset class and highlight growing mainstream adoption among traditional investors. #Bitcoin #ETF #Inflows

🏦 Bank of New York Mellon is expanding its cryptocurrency custody services in Abu Dhabi, marking another significant step in institutional crypto adoption in the Middle East. This move demonstrates growing institutional confidence in digital assets and the strategic importance of the UAE as a crypto hub. BNY's expansion into Abu Dhabi reflects the increasing demand for secure custody solutions from institutional clients in the region. #Crypto #Institutional #UAE

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⚡️ Stablecoins are increasingly functioning as everyday money, with nearly 24% of all transactions now involving stablecoins according to Stablerail data. Usage has grown 33% year-over-year, and more than 60% of users reportedly spend stablecoins daily. This marks a significant milestone in the adoption of crypto for routine payments and commerce.

💰 Kraken parent company Payward Inc. has agreed to acquire Hong Kong-based Reap Technologies for $600 million. Reap specializes in stablecoin-based cross-border payments and business payment services, with many crypto-linked cards using Reap as underlying infrastructure. The transaction values Payward at $20 billion, marking a significant expansion into the growing cross-border payments sector.