How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal

The US Department of Energy has stated that the Trump administration has proposed lending nearly one-third of the country's 1 million barrels of emergency heating oil reserves to curb soaring oil prices. Affected by the supply disruption in the Middle East caused by the Iran War, diesel prices have reached a historic high of over $6.50 per gallon. US Energy Secretary Wright stated that the government is committed to making every effort to reduce energy costs. The US Department of Energy will launch a loan bidding process for fuel retailers and end holders to ensure that fuel flows to areas facing shortages.

The American Bankers Association (ABA) has expressed dissatisfaction with the final rule of the GENIUS Act by the Office of the Superintendent of the Currency (OCC), stating that the rule will maintain the status quo of cryptocurrency platforms. The Office of the Superintendent of the Currency (OCC) has lifted proposed restrictions on stablecoin returns. Rob Nichols, CEO of the American Bankers Association (ABA), stated that attempting to respond after deposit outflows and economic damage occur is a wrong approach. (Source: Fox Business)

US Treasury Secretary Scott Bessent stated that the final rule of OCC's GENIUS Act lays the foundation for stablecoin innovation and US leadership in the digital asset field.

The president is hosting a cybercrime event that will highlight U.S. authorities' efforts to crack down on crypto scams run by foreign criminal organizations.

The digital asset managers of DTCC and U.S. Bank will attend Stellar's Meridian conference in Lisbon next week and discuss their construction work on Stellar.