Overview of Key Overnight Developments on June 27

21:00-7:00 Keywords: Paypal, Ripple, Crypto Structure Bill 1. Fed’s Collins: A rate cut in July may be premature; 2. Trump: It would help if the Fed lowers interest rates; 3. Paypal CEO: We are creating real stablecoin use cases for customers; 4. Judge has denied the motion by Ripple and the US SEC to pause the appeal; 5. The US House of Representatives has passed a bill directing the Department of Commerce to promote blockchain technology; 6. Chairman of the US Senate Banking Committee: The crypto market structure bill will be completed by September 30; 7. White House digital asset policy advisor: The US is working on building infrastructure for a strategic Bitcoin reserve; 8. The Federal Housing Finance Agency, Fannie Mae, and Freddie Mac have jointly established the US Fintech LLC.