#White House Crypto Report# 🟡 This is what has happened today, July 31, 2025, in the cryptocurrency market.

1- The SEC chairman, Paul S. Atkins, announced in Washington the launch of the "Crypto Project", a Commission-wide initiative to modernize the regulation of the cryptocurrency market.

2- According to Reuters, the U.S. Court of Appeals for the Second Circuit overturned the convictions for wire fraud and money laundering of the former product manager of OpenSea.

3- Circle announced the launch of native USDC and CCTP V2 on Hyperliquid. Hyperliquid already captures 70% of USDC on Arbitrum.

4- The Indian police revealed that some hackers offered Rahul Agarwal, an employee of the cryptocurrency exchange platform CoinDCX, a part-time job as bait to install malware on his company's computer.

5- The Ether Machine announced that its subsidiary, The Ether Reserve LLC, acquired nearly 15,000 ETH at $3809.97 per token.