Plainspoken Blockchain Morning News: The Chair of the U.S. SEC states they will promote on-chain capital market reforms and clarify the boundaries of digital asset securities

U.S. SEC Chair: Will promote on-chain capital market reform and clarify the boundaries of digital asset securities;

Coinbase receives CFTC approval to provide global crypto derivatives for U.S. institutions;

Texas plans to shift its state-level Bitcoin reserves from ETFs to self-custodied spot holdings;

U.S. CFTC sues Rhode Island to maintain exclusive jurisdiction over prediction markets;

Mastercard partners with Chainlink to establish a direct fiat-to-cryptocurrency channel;

Sui: Mainnet has issues during epoch changes and is currently halting user transactions;

HYPE ETF cumulative net inflows surpass $100 million, BNB ETF has no net inflow on debut day;

JPMorgan CEO criticizes Coinbase again, warns that stablecoin regulation bill may fail;

BlackRock deposits over $230 million worth of Bitcoin and Ethereum into Coinbase;

Zcash Foundation releases Zebra 4.5.0 emergency security update, fixing multiple consensus-level vulnerabilities;

Arbitrum fixes governance vulnerabilities and applies for a $230 million ARB fund to sustain foundation operations;

Western Union launches stablecoin USDPT, actively accelerating the dismantling of its 174-year-old business model.