Sergey Nazarov, co-founder of Chainlink, stated that large institutions, including JPMorgan, are adopting blockchain technology based on its advantages. This indicates that the application of blockchain technology is gradually gaining recognition from traditional financial institutions. More institutions may join the ranks of blockchain technology applications in the future. （CoinDesk）

[Trump Criticizes Federal Reserve Chairman Powell Again] U.S. President Trump reiterated his criticism of Federal Reserve Chairman Powell.

In the wake of the U.S. GENIUS Act, Canadian lawmakers are moving on Canadian-dollar-backed stablecoin legislation, which is being cheered by crypto interests.

US President Trump has stated that Bitcoin and cryptocurrencies can alleviate the pressure on the US dollar, implying their potential impact on the US dollar. This statement has attracted market attention. Source: (Bitcoin Archive)

Patrick Witt stated that some US senators still struggle to understand the core concept of decentralized finance (DeFi), but progress has been made in pushing for meaningful legislation. He expressed the above viewpoint during an interview at Ripple's Swell 2025 event. In the future, the progress of DeFi related legislation is worth paying attention to. （CoinDesk）