[Golden Financial News] According to sources, US President Biden's campaign is facing a decline in donations, and the situation is grim. At the same time, US senators from both parties reached an agreement to promote a ban on stock trading by members of Congress. In terms of market conditions, the latest trading prices of BTC, ETH, BNB, SOL, DOGE and XPR are $58150.11, $3135.99, $531.6, $139.16, $0.1072 and $0.4619, respectively. In terms of policy, the Hong Kong Monetary Authority completed the fifth targeted review of anti-money laundering measures for virtual asset service providers, and the UK Law Commission believed that there was no need to establish DAO-specific laws. In terms of blockchain applications, the Gnosis Chain mainnet launched a beta version of threshold encryption technology, the domain name of the Unstoppable Domains official website was attacked, and Chainlink Data Feeds is now online on the Starknet mainnet. In terms of cryptocurrency, the German government currently still holds 9,094 BTC, the Russian Ministry of Finance proposed to allow certain qualified investors to conduct limited cryptocurrency transactions, and banks said in consultations with the SEC that wallets and spot Bitcoin ETFs should not be within the scope of encryption guidance. In terms of economic dynamics, US senators said that owning Bitcoin reserves can help the US dollar remain strong, and Macquarie expects the Federal Reserve to implement its first interest rate cut in September.