【Golden Weekly】CZ has begun serving his sentence in a federal prison in California, pleading guilty to violating the Bank Secrecy Act for failing to maintain an effective anti-money laundering program. Jag Kooner, head of derivatives at Bitfinex, said the EU elections could hint at the future direction of cryptocurrency regulation. Musk clarified that he had never discussed cryptocurrency with Trump. PayPal has obtained a New York State crypto trust license, which may be intended to take over the custody of PayPal customers' crypto assets and internalize the issuance of stablecoins. The Hong Kong government will maintain close communication with the Securities and Futures Commission to allow the Securities and Futures Commission to process all platform applications as soon as possible, so that citizens and investors have more reassuring investment options. Canada is expected to adopt the International Crypto-Asset Reporting Framework (CARF) for taxation by 2026. Members of the U.S. House of Representatives are urging securities regulators to approve spot Ethereum (ETH) exchange-traded funds (ETFs). Base engineer Roberto Bayardo proposed a Fjord network upgrade for OP Stack. MoonPay launches a Web3 platform for brands and digital experiences. The People's Government of Jiading District, Shanghai issued the "Action Plan for Further Promoting the Construction of New Infrastructure in Jiading District (2024-2026)". In his keynote speech at the 2024 Caixin Summer Summit held today, Michael Wong, Acting Financial Secretary of the Hong Kong Special Administrative Region Government, said that Hong Kong will continue to fully promote financial innovation, with key areas including DeFi (decentralized finance) related to financial technology, green finance, Web3 (third-generation Internet), virtual assets, etc.