Odaily Planet Daily reports that Christopher Perkins, president of CoinFund and a former banker, published an article on the X platform criticizing a cryptocurrency market structure bill currently under consideration by the US Senate that could restrict retail investors from receiving stablecoin-related rewards. Perkins, a member of the Commodity Futures Trading Commission's (CFTC) Global Markets Advisory Committee, stated that depriving retail investors of the right to stablecoin rewards is an inappropriate policy, especially given that income inequality remains a significant social issue. He questioned why policymakers would want to prevent ordinary investors from profiting from stablecoins, given the existing stablecoin bill in the US called GENIUS. Perkins suggested addressing banks' concerns about deposit and loan outflows by releasing regulatory capital and integrating blockchain technology, believing this would be a win-win solution.

Odaily Planet Daily reports that the UK Financial Conduct Authority (FCA) has hinted at opening a channel for cryptocurrency license applications in September 2026. It is understood that cryptocurrency companies operating in or marketing in the UK will need to apply to the FCA for authorization or changes to their licenses under the Financial Services and Markets Act. The regulator stated that companies missing the approval deadline will enter a transition period, allowing them to fulfill existing contracts but prohibiting the launch of new regulated cryptocurrency products. (The Block)

Odaily Planet Daily reports that Amundi, a European asset management company with $2.65 trillion in assets under management, has increased its Strategy stock holdings to $32 million through its Amundi Smart Overnight Return UCITS ETF, representing a 1600% increase. (Bitcoin Treasuries)

According to a recent report from Glassnode, Bitcoin's (BTC) Value Days Destroyed Multiple (VDD) remains in a low range, indicating that the market is still in an accumulation phase. The current market condition reflects limited spending by long-term holders and low distribution pressure, which is considered a positive sign. Glassnode points out that the market is digesting previous price increases in a "structurally constructive way," a pattern generally considered healthy market behavior. PS: VDD is an important on-chain Bitcoin metric that measures the ratio of short-term spending to the long-term average. This metric helps investors understand market behavior and underlying trends.

According to Odaily Planet Daily, Joshua Sum, Product Manager at Solayer Labs, pointed out in a recent commentary that despite the rapid progress in asset tokenization, current blockchain infrastructure suffers from serious flaws that prevent it from supporting a truly global 24/7 financial market. Existing blockchains face three key problems: low throughput limits, high transaction latency, and unfair transaction ordering mechanisms (MEV), making institutional-grade transactions virtually impossible. Sum emphasized that to realize the vision of a borderless global financial market, the blockchain industry needs to fundamentally rebuild its infrastructure, developing networks capable of handling over 100,000 transactions per second with sub-second final confirmation, while ensuring fair transaction ordering and preventing algorithmic arbitrage. (Cointelegraph)