Here are five news worthy of note in the currency circle in the past 24 hours:
1. Singapore’s Genius Group plans to convert more than 90% of funds into Bitcoin and introduce Bitcoin payment and Web3 education.
2. Huma Finance, an asset tokenization platform, enters the Solana blockchain to use its low cost and high performance to improve the efficiency of trade finance solutions.
3. PayPal’s stablecoin PYUSD integrates LayerZero to support seamless transfers between Ethereum and Solana, enhancing its applicability in DeFi.
4. Trump confirmed that Musk will lead the "Department of Government Effectiveness" (DOGE), with the goal of reducing bureaucracy and plans to complete the reorganization by July 4, 2026.
5. The Italian government will adjust the encryption tax rate from the original plan of 42% to 28% to balance tax revenue and market growth.