1. Brazil Proposes Cryptocurrency for BRICS Trade

Brazil plans to simplify international financial transactions for import and export contracts between BRICS member countries by utilizing blockchain technology. This topic will become one of the priorities during Brazil's presidency, which begins in January 2025 and lasts for one year. The proposal differs from the previously suggested idea of creating a common currency for BRICS. Sources indicate that this move is not aimed at creating a foreign trade standard currency to compete with the dollar. The focus is on improving the efficiency of international transactions, which can be achieved through a technology closer to the immediacy and programmability of cryptocurrencies, with stablecoins already being widely used in informal settings. A major practical initiative to introduce blockchain into the regulated traditional financial system is the Brazilian Central Bank's (BC) pilot project Drex. This project creates a tokenized infrastructure for trading financial assets. One of the use cases being studied by Drex is cross-border transactions. However, the project faces a dilemma regarding how to ensure the Brazilian Central Bank's control over transactions while maintaining privacy in a decentralized digital environment. If blockchain technology is not adopted, another option is to create an integrated network system similar to Pix. However, this approach raises concerns about the governance and sovereignty of the relevant countries. -Original

2. Wall Street Bets on Cryptocurrency's Strong Comeback

At a futures industry conference held in Florida this week, traditional financial executives shifted their attitudes towards cryptocurrencies and began exploring business collaborations with cryptocurrency companies. The Trump administration's support for digital assets has boosted Wall Street's confidence, with companies like Citadel Securities, the Chicago Mercantile Exchange Group, and Intercontinental Exchange planning to increase their presence in the cryptocurrency sector. Cboe Global Markets' derivatives head Catherine Clay stated in an interview at the conference that the topic of cryptocurrency has become a hot issue again after years of silence. Citadel Securities, which previously held a conservative stance on digital assets under Ken Griffin, is now seeking to become a liquidity provider for cryptocurrencies and delve deeper into this field. Meanwhile, CME Group has expanded its business by launching Solana futures after surpassing Binance to become the world's largest Bitcoin derivatives exchange. Sources revealed that Intercontinental Exchange also sees an opportunity to intervene and compete with CME. EDX Markets LLC's Chief Business and Strategy Officer Jeanine Hightower-Sellitto expects more companies to enter the cryptocurrency space by the end of the year. Wall Street also recognizes that blockchain technology will be key to the U.S. stock market's transition to all-day trading. -Original

3. Trump-Supported Financial Organization Denies Negotiations with Binance

World Liberty Financial, supported by Donald Trump, posted on social media platform X, seemingly denying claims of negotiations with Binance. The Wall Street Journal reported that the Trump family had discussed purchasing shares in Binance's U.S. subsidiary. Bloomberg also stated that World Liberty Financial had engaged in negotiations. -Original

4. Goldman Sachs Acknowledges the Importance of Cryptocurrency in Shareholder Letter

Goldman Sachs mentioned cryptocurrency in its annual shareholder letter, acknowledging its increasingly important role in financial markets and competition. While emphasizing the growing prevalence of blockchain and digital assets, the company warned of potential risks, including cybersecurity vulnerabilities and market volatility. -Original

5. U.S. Congressman Plans Legislation to Ensure Bitcoin Reserve Policy

U.S. Congressman Byron Donalds plans to submit a legislative proposal to formalize the executive order signed by the Trump administration this month, which aims to establish a strategic Bitcoin reserve and U.S. digital asset reserves. If passed, the bill would ensure that the policy cannot be revoked by future presidential executive orders. Trump's executive order requires the Treasury Department to establish a Bitcoin reserve to hold approximately 200,000 Bitcoins and authorizes the Treasury and Commerce Departments to develop a "budget-neutral" strategy for purchasing more Bitcoins while prohibiting the sale of Bitcoins in the reserve. Additionally, the executive order establishes the Treasury's digital asset reserves for storing existing and future digital assets obtained through criminal or civil asset forfeiture. -Original

6. Senate Passes Bill to Eliminate Government Shutdown Risk

The U.S. Senate passed a Republican spending bill by a vote of 62-38, effectively eliminating the risk of a government shutdown. The bill has no additional restrictions, ensuring that the government streamlining plan led by Musk can proceed and providing funding for the federal government's operations until the end of the fiscal year on September 30. -Original

7. Argentina Finalizes Regulatory Rules for Virtual Asset Service Providers

The Argentine National Securities Commission (CNV) officially approved General Resolution No. 1058, establishing final regulatory guidelines for Virtual Asset Service Providers (VASP). The new regulations cover registration obligations, cybersecurity, asset custody, anti-money laundering measures, and risk disclosure, aiming to ensure transparency, stability, and user protection in the cryptocurrency ecosystem. According to the new regulations, VASPs must ensure the separation of company and client funds, conduct annual audits regularly, and submit monthly reports to the CNV. Additionally, unregistered companies or those violating regulations may face registration revocation or court injunctions. In terms of compliance deadlines, registered individual service providers must complete adjustments by July 1, local registered companies by August 1, and foreign companies by September 1. CNV Chairman Roberto E. Silva stated, "Those who fail to comply on time will not be allowed to operate in Argentina." -Original

8. Russia Conducts Oil Trade with China and India Using Cryptocurrency

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com).

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。