The U.S. Securities and Exchange Commission (SEC) is moving further ahead with preliminary cryptocurrency accounting rules, issuing new staff guidance that suggests certain stablecoins could be treated like cash, according to Bloomberg.
On August 5, Decrypt reported that Coinbase CEO Brian Armstrong stated during last Thursday's earnings call that the company will continue to offer USDC holding rewards to users, calling the program a key differentiator in attracting users.
Nate Geraci, president of The ETF Store, posted on the X platform that the White House is preparing an executive order aimed at punishing banks that discriminate against cryptocurrency companies.
On August 5, Cointelegraph reported that Solana Mobile began selling its second-generation mobile device on Monday, providing services to users in more than 50 countries.
Blockchain lending company Figure Technology Solutions said on Monday it has confidentially filed IPO paperwork with the U.S. Securities and Exchange Commission (SEC) and plans to go public later this year.
Apple CEO Tim Cook emphasized at a rare all-hands meeting in early August that the A| revolution is more disruptive than the Internet, smartphones, cloud computing, and applications.
TRON founder Justin Sun successfully completed a flight to the edge of space aboard Blue Origin's New Shepard spacecraft.The entire mission lasted about 10 minutes, achieving suborbital flight and weightlessness experience.
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, stated in a statement that as of mid-July 2025, 22 banks were approved to sell digital asset-related products and 13 banks were approved to sell tokenized securities.
Musk said, "To promote a specific product, Grok can already recommend it to people based on their known interests and provide an easy way to buy it." He also said that it is still a beta version and there is a lot of room for improvement.