According to Cointelegraph, Gate Group recently officially launched its Gate US trading platform. Currently licensed in 23 US states, Gate US now offers spot trading services to users in licensed regions.

According to Odaily Planet Daily, Ripple, in partnership with CB Insights and the UK Blockchain Technology Center, released a new report stating that Citigroup, JPMorgan Chase, Goldman Sachs, and Japan's SBI Group have become the most active players in the traditional financial sector supporting blockchain startups. Between 2020 and 2024, global banks participated in 345 blockchain company investments, most of which were in the early stages of financing. Citigroup and Goldman Sachs led the way with 18 investments each, followed by JPMorgan Chase and Mitsubishi UFJ, each with 15 investments. Over the past four years, these banks have participated in 33 such rounds of financing, investing funds in companies focusing on trading infrastructure, tokenization, custody, and payment solutions. (Cointelegraph)

Gate Group has officially launched its Gate US trading platform, opening crypto spot trading services to users in 23 US states. The platform currently supports crypto-to-crypto trading, with plans to introduce fiat currency gateways, custodial services, and local payment systems. Currently, Gate US holds licenses in all 23 US states. The article states that Gate US will leverage the group's global technical resources to focus on compliance, transparency, and localized services. This expansion is also seen as a significant step for Gate Group to advance global market expansion and strengthen local compliance operations. (Cointelegraph)

According to Odaily Planet Daily, US SEC Commissioner Hester Peirce will lead a team on a tour of ten cities this fall, hosting roundtable discussions aimed at gathering feedback from industry stakeholders, developers, and investors to better inform the agency's assessment of future digital asset regulations. The agency's cryptocurrency task force is "particularly interested" in meeting with cryptocurrency startups less than two years old and with 10 or fewer employees. The roundtable discussions will take place from August to December. (Cointelegraph)

According to Odaily Planet Daily, stablecoin issuer Tether disclosed in its second quarter 2025 report that its U.S. Treasury holdings reached $127 billion, surpassing South Korea's $124.2 billion, making it the world's 18th largest holder of U.S. Treasury bonds. This figure represents a $7 billion increase from the first quarter, comprising $105.5 billion in direct holdings and $21.3 billion in indirect holdings. Tether's USDT supply has grown by $26 billion since the beginning of the year, bringing its market capitalization to $163.6 billion, up nearly 19% year-to-date. This reflects the continued rise in global demand for dollar-denominated stablecoins. (Cointelegraph)

Odaily Planet Daily News Andreessen Horowitz (a 16 z) wrote to the U.S. Senate Banking Committee, calling for the revision of the recently released draft crypto regulatory legislation and warning that there are serious loopholes that may weaken investor protection. The draft, originating from a discussion draft of the 21st Century Financial Innovation and Technology Act (CLARITY Act), aims to advance crypto asset legislation. a16z noted issues with the draft's definition of "attached assets" (referring to tokens sold through investment contracts but without equity, dividends, or governance rights), arguing that this structure should not serve as a regulatory basis without significant revisions. This letter is part of the formal industry response to the draft's release. (Cointelegraph)

Odaily Planet Daily News: MGBX will launch spot trading for FTN (Fasttoken), GRT (The Graph), BONK (Bonk), PENDLE (Pendle), and JTO (JITO) on August 1, 2025, at 19:30 (SGT). Deposit opening time: August 1, 2025, 19:00 (SGT) Trading opening time: August 1, 2025, 19:30 (SGT)

Odaily Planet Daily reported that according to Cointelegraph, Japan may become the "preferred country" for crypto investors because it optimized the crypto tax process in 2025.

Odaily Planet Daily reports that the Philippine government has launched a document notarization service on the Polygon blockchain as part of its blockchain transparency initiative. Maria Francesca Montes-Del Rosario, Undersecretary of the Department of Budget and Management, stated that blockchain can effectively address the risks posed by AI-powered deepfakes, preventing the tampering of government documents, and is being integrated with technologies like AI to enhance policy governance. It is reported that the documents generated by the Ministry of Budget and Management in its operational document issuance system will be recorded on the Polygon chain in the form of data representation. Users can scan or search through the government website to verify the authenticity and immutability of the information. (Cointelegraph)

According to Odaily Planet Daily, security firm Check Point warns that malware called "JSCEAL," active since March 2024, has been impersonating nearly 50 popular crypto apps, including Binance, MetaMask, and Kraken, using advertisements to trick users into downloading malware. This malware could potentially impact over 10 million people worldwide. This malware, written in JavaScript and equipped with anti-detection mechanisms, can steal wallet information, account passwords, Telegram data, and browser cookies. It primarily spreads through advertisements on platforms like Facebook. (Cointelegraph)