Overview of Important Developments on the Afternoon of July 16
7:00-12:00 Keywords: Musk, JD Vance, Hong Kong Treasury Bureau, Galaxy
1. OCCRP: Surge in the use of crypto ATMs by scammers and criminals;
2. Musk-backed pro-Trump super PAC raised $8.8 million in Q2;
3. Coinbase, Ripple, and a16z to attend Republican and Democratic National Conventions;
4. Over $88 million worth of BTC stored in the top 100 "dirtiest" Bitcoin wallets;
5. JD Vance has a VC background and previously served as an executive at a company under "Venture Capital Godfather" Peter Thiel;
6. South Korea's DAXA releases "Real-time Abnormal Transaction Monitoring Demonstration Rules" and "Standard Advertising Rules";
7. Hong Kong Treasury Bureau: Stablecoin issuers must comply with three main requirements: full reserves, redemption services, and governance;
8. Former Galaxy executive misappropriated at least $3.67 million of investor funds from his founded company Zero Edge, with victims including Galaxy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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