Web3 Daily Digest: Key Developments in Crypto Legislation, Banking Services, and Platform Launches

{“description”:”The Web3 Daily Digest, produced by Web3Caff, provides a comprehensive overview of the latest developments in the Web3.0 space over the past 24 hours. This report covers essential news, official announcements, and curated articles to keep Web3 enthusiasts and builders informed. For real-time updates, follow Web3Caff’s official Twitter account.”,”key_highlights”:[{“title”:”Legislative Progress”,”detail”:”The GENIUS Act is set for a procedural vote, while the CLARITY Act may be voted on next week.”,”source”:”Eleanor Terrett”},{“title”:”Banking Services”,”detail”:”Russia’s largest bank, Sberbank, plans to offer custody services for Russian crypto assets.”,”source”:”Reuters”},{“title”:”Platform Launch”,”detail”:”Coinbase has introduced the Base App, rebranding its wallet as an all-in-one social and trading platform.”,”source”:”The Block”},{“title”:”Regulatory Initiative”,”detail”:”Thailand’s SEC, in collaboration with the Bank of Thailand, is launching a sandbox program for crypto.”,”source”:”Bangkok Post”},{“title”:”ETF Filing”,”detail”:”CANARY has submitted an S1 form for the STAKED INJ ETF.”,”source”:”SEC”},{“title”:”AI Development”,”detail”:”Sonic is set to launch Spark, an AI-powered development platform.”,”source”:”Sonic”},{“title”:”Funding Rounds”,”details”:[{“detail”:”Spiko, a tokenized money market fund platform, raised $22 million in a Series A round led by Index Ventures.”,”source”:”The Block”},{“detail”:”XMTP, a decentralized messaging protocol, secured $20 million in a Series B round led by a16z crypto.”,”source”:”The Block”},{“detail”:”W3.io, a Web3 intelligence layer, completed a $7 million seed round led by Blockchange Ventures.”,”source”:”Globenewswire”}]}],”featured_articles”:[{“title”:”XerpaAI’s Growth Strategy”,”detail”:”An analysis of XerpaAI’s $6 million seed funding, its collaboration with UXLINK, and its approach to balancing growth efficiency with authenticity in Web3.”,”source”:”Web3Caff Research”},{“title”:”Tokenization Trend”,”detail”:”A deep dive into the recent surge in tokenized stock trading, exploring its seven-year evolution and the current infrastructure reshaping.”,”source”:”Web3Caff”},{“title”:”Political Impact on Markets”,”detail”:”An examination of the potential consequences if Federal Reserve Chair Jerome Powell is pressured to resign, amid ongoing political tensions.”,”source”:”Web3Caff”}],”disclaimer”:”The views expressed in the articles are those of the authors and do not necessarily reflect the stance of Web3Caff. The content is for informational purposes only and should not be construed as investment advice or an offer. Readers are advised to comply with the laws and regulations of their respective jurisdictions.”}

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