MARKET NEWS WEDNESDAY, JULY 5 📈

+ FTX moves the time to open the claim portal from July 3 to the coming weeks

+ There is a proposal calling on the Hong Kong Government to issue stablecoins to compete with USDT & USDC

+ The British Senate promotes a bill empowering the Government to confiscate illegal Crypto

+ South Africa requires Crypto exchanges to register their operations with the Financial Conduct Authority

+ Gemini sets a $1.5 billion debt repayment schedule for DCG and Genesis with the deadline to agree to an agreement at 3:00 a.m. on July 7

+ Ethereum community proposes to issue new token standard ERC-7265 to improve security of DeFi protocols