**Ripple Donates $1M to Crypto Advocate in Massachusetts Senate Race**

Ripple, the blockchain-based payments network, has made waves by donating $1 million to John Deaton, a candidate in the Massachusetts Republican Party senate primary. Deaton, a lawyer and prominent crypto advocate, has been vocal against the SEC's stringent cryptocurrency regulations. His campaign, which focuses on blockchain technology and digital assets, is gaining significant attention as these topics increasingly enter the political arena.

**Elon Musk Relocates SpaceX and X Headquarters to Texas**

Elon Musk announced on July 16 that SpaceX and social media platform X will move their headquarters to Texas. The decision follows criticism of California's regulatory environment, particularly Bill AB1955, which Musk claims negatively impacts families and businesses. SpaceX will leave its current base in Hawthorne, California, and establish new roots in "Starbase, Texas."

**EU Stripe Clients Can Now Buy Crypto**

Stripe has rolled out a new feature allowing clients in the European Union to purchase cryptocurrencies using credit or debit cards. According to a report from the Irish Independent, customers can now buy Bitcoin (BTC), Ether (ETH), and other cryptocurrencies through a Stripe "widget." This integration aims to help merchants reach a global audience while ensuring compliance with Know Your Customer regulations.

**Arkham Transfers $487M ARKMs to Coinbase Prime for Tax Compliance**

Arkham Intelligence has transferred $487.24 million in its native token ARKM to Coinbase Prime custody to ensure tax compliance. The move, which involves $185.28 million owned by CEO Miguel Morel, aims to meet regulatory requirements starting July 18. This transfer marks the beginning of a linear unlocking cycle for the team, investors, and advisers, making the tokens no longer visible on the blockchain.