A game order worth over 2 billion US dollars, BTC long short battle is about to erupt!

According to Foresight News, US Senator Cynthia Lummis, Chair of the Senate Banking Digital Assets Subcommittee, stated that the Senate Banking Committee will conduct a final review (markup) of Senator Hagerty's GENIUS bill today. The bill mainly includes defining payment based stablecoins, establishing clear procedures for institutions seeking to issue stablecoins, and promoting responsible innovation while protecting consumer rights.

OKX-XLM is currently priced at $0.2902, with a 24-hour increase of 11.4%. 24-hour transaction volume of 400 million US dollars, up 69.26%, for reference only

Odaily Planet Daily News: According to the Wall Street Journal, Trump's friend Steve Witkoff is involved in negotiations to invest in Binance US. The report quoted insiders as saying that the related investment transaction may be acquired through World Liberty Financial, a cryptocurrency project supported by the Trump family. As of now, Binance US has not responded to our request for comment. （Coindesk）

The US stock market opened lower, with the Dow Jones Industrial Average falling 128 points, the Nasdaq falling 53 points, and the S&P 500 index falling 0.21%.

Odaily Planet Daily News: Insiders revealed that Binance contacted Trump's allies last year and proposed a business deal with the Trump family as part of a plan to send the exiled company back to the United States, after which the two sides began negotiations. Representatives of the Trump family have negotiated the acquisition of financial shares in Binance's US subsidiary, a cryptocurrency exchange, which will enable Trump to conduct business with the company, which admitted to violating anti money laundering requirements in 2023. Meanwhile, according to insiders, CZ, the founder of Binance, has been urging the Trump administration to pardon him. He was previously sentenced to four months in prison after pleading guilty to a related charge. It is currently unclear in what form the Trump family's shares will appear if the transaction is completed, or whether it will be conditional on a pardon. （WSJ）