PANews reported on July 23 that according to the Plasma announcement, the Plasma stablecoin collective has officially entered a new stage, launching new initiatives such as monthly seminars. As the mainnet beta is approaching, Plasma has added new roles such as builders and early contributors, and encouraged members to participate in teams to demonstrate the importance of stablecoins in promoting global capital flows. Teams must submit before July 25, and the first seminar will be held on July 28. Plasma said that education is the core of promoting the popularization of stablecoins, and collaborative discussions are an efficient way to make collective progress. Outstanding projects will also have the opportunity to receive support.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
