[News Brief] Jul 3, morning | U.S. Senate Expected to Release Final Draft of Bitcoin Clarity Bill Within Days

U.S. Senate Expected to Release Final Draft of Bitcoin Clarity Bill Within Days

Pete Rizzo reported that Bloomberg expects the U.S. Senate to release the final draft of the Bitcoin Clarity Bill within days.

According to the report, the final draft could be unveiled during the U.S. Independence Day holiday period.

The bill is part of broader discussions aimed at clarifying the cryptocurrency regulatory framework in the United States, and the market is closely watching whether it will help reduce legal uncertainty surrounding digital assets.

U.S. Spot Bitcoin ETFs See $222 Million Inflows After 10 Straight Trading Days of Outflows

According to Wu Blockchain, U.S. spot Bitcoin ETFs recorded total net inflows of $222 million on July 2 (U.S. Eastern Time).

This marked a reversal after 10 consecutive trading days of net outflows. On the same day, spot Ethereum ETFs also posted net inflows of $29.08 million.

Binance Adds Monitoring Tag to AEUR, PYR, SCRT, and VANRY

Binance announced that it will add a Monitoring Tag to Anchored Euro (AEUR), Vulcan Forged PYR (PYR), Secret (SCRT), and Vanar (VANRY) on July 3.

Tokens with the Monitoring Tag may exhibit higher volatility and risk than other listed tokens. Binance said it will continue to review these tokens and warned that they may be delisted if they no longer meet listing requirements.

About 800,000 USDC Drained in Suspected Exploit at Hinkal

According to CertiK Alert monitoring, a suspicious transaction occurred at decentralized privacy protocol Hinkal, resulting in the theft of about 800,000 USDC.

CertiK Alert analyzed that externally owned account address 0xbB3f01a1b1C68F3DEB36C55342b5F5706c32fc20 completed a “Proofless Deposit” operation and then executed multiple “Transact” transactions to drain assets from the Hinkal contract.

Stripe-Owned Bridge Secures MiCA CASP and EMI Licenses in Luxembourg

PANews reported that Bridge, the stablecoin payments platform owned by Stripe, has obtained a crypto-asset service provider license under MiCA and an electronic money institution license in Luxembourg.

These licenses apply across all 27 EU member states. Bridge has supported businesses and developers in converting funds between stablecoins and euros, and plans to expand its stablecoin services in Europe based on this authorization.

Russian Central Bank Pushes Proposal for 48-Hour Cooling-Off Period on Crypto Transfer Funds

PANews, citing Bits.media, reported that the Russian central bank is pushing a proposal to impose a 48-hour “cooling-off period” on funds used in cryptocurrency transactions.

Vladimir Chistyukhin, First Deputy Governor of the Bank of Russia, said the bill would require a mandatory 48-hour freeze after transfers even for legal cryptocurrency transactions. The rule would apply to account-to-account transfers and would not cover cryptocurrency brokerage operations.

The central bank said the measure is intended to protect non-professional investors from fraud. The provision is included in a broader crypto market regulation bill. It had originally been scheduled to take effect on July 1, but due to delays in parliamentary review, implementation on Sept. 1 is now being discussed.

Chistyukhin also said the Russian central bank is discussing market entry rules for Belarusian crypto companies in Russia. Earlier, the State Duma Committee on Financial Markets proposed in its second reading allowing non-custodial wallets while limiting transaction amounts to 100,000 rubles.

Russian Central Bank Governor Says Digital Ruble Will Launch as Scheduled on Sept. 1

According to Cointelegraph, Bank of Russia Governor Elvira Nabiullina said the digital ruble is ready and will launch as scheduled on Sept. 1.

The digital ruble is a central bank digital currency designed to complement Russia’s fiat ruble, and it will initially be used by financial and credit institutions. Development began in 2021, and the European Union included the digital ruble in its preemptive sanctions framework in April 2025 as part of measures related to Russia’s war in Ukraine.

Vladimir Chistyukhin, First Deputy Governor of the Bank of Russia, said the digital ruble law will take effect on Sept. 1, with a transition period lasting until July 2027.

Messaging Startup Valuation Seen Reaching Up to $2 Billion Amid Report of Binance-Led New Funding Round

PANews, citing Axios, reported that crypto payments company Mesh is conducting a new funding round led by Binance.

According to the report, the company’s valuation could reach as high as $2 billion after the investment. Market attention is focused on whether major exchanges will participate as Mesh seeks to expand its payments infrastructure.

Ether.fi Proposes Deployment of Aave V4 Instance on OP Mainnet, Targeting Up to $175 Million in Inflows

Ether.fi has proposed deploying a self-operated Aave V4 instance on OP Mainnet to serve as the lending infrastructure for its Visa card product, Ether.fi Cash.

According to Odaily, Ether.fi submitted an initial review proposal to the Aave governance forum. The instance would operate in a whitelist-based isolated structure, with Aave providing deployment and operational licenses and sharing revenue without taking on day-to-day risk.

The proposal includes an 80/20 split of reserve fee revenue between Ether.fi and the Aave DAO, and states that once GHO is launched on OP Mainnet, it would be used as a supply and borrow reserve asset for the instance.

Ether.fi said it aims to attract up to $175 million in assets at launch, while the Optimism Foundation proposed providing $20 million in supply and $1.2 million in incentives. Ether.fi Cash currently has about $25 million in active loan volume.

Ether.fi is targeting $500 million in assets in the instance by the end of 2026. The proposal estimates annual revenue of $5 million to $6 million.

The proposal is currently in the initial review stage and, if approved, would move to the ARFC detailed parameter stage. The target deployment date is July 2026.

BTC Options Worth $1.9 Billion and ETH Options Worth $230 Million Set to Expire

According to Odaily, Greeks.Live macro researcher Adam said on X that 31,000 BTC options contracts and 135,000 ETH options contracts are set to expire on July 3.

The BTC options have a put-call ratio of 0.7, a max pain price of $61,000, and a notional value of $1.9 billion. The ETH options have a put-call ratio of 1.29, a max pain price of $1,650, and a notional value of $230 million.

Adam said that while Bitcoin has reclaimed the $60,000 level this week, the longer-term downtrend has not yet ended. He added that selling pressure from Strategy and ETFs is shifting market sentiment, and that the growing share of ETH put options reflects rising demand for downside protection.