The Russian government said it is advancing a bill to regulate cryptocurrencies, defining them as “property” and, for the first time, allowing their use in foreign trade. The legislation has not yet taken effect, but it signals an official recognition of crypto assets’ legal status and potential practical use. Officials have not provided a specific implementation timeline or a list of eligible tokens.

Memecoin-focused lending platform Purintaxyz has launched and added $SHIB as an eligible collateral asset. Users can now deposit $SHIB to borrow $USDC through the platform. The product is built on Morpho’s infrastructure and initially supports only a limited set of memecoin collateral pools. The move marks $SHIB’s first integration into a major DeFi lending stack, expanding its use case and improving capital efficiency for holders.

Aster DEX launched its USD1-denominated perpetuals Vault Beta on July 24, 2026, allowing users to deposit USD1 or USDT for whitelisted traders to run leveraged perpetual strategies, with profit and loss allocated by shares. The rollout expands USD1’s on-chain role from a settlement asset to a custodial, yield-seeking format. The product is in an early beta phase with about $30,000 in TVL and only whitelisted managers can create vaults. Aster is the first perpetuals DEX to use USD1 across quoting, margin and P&L settlement.

Woofswap v3 has launched on Ethereum mainnet as a SHIB-centric DeFi launchpad. Tokens created on the platform are required to pair exclusively with $SHIB, with trading routed through Uniswap v3. It charges a 1% trading fee, and 70% of that fee is automatically used to burn both SHIB and the newly created token. Token creators receive 1% of the token supply at no cost as the platform’s stated incentive.

Ripple has received formal authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA), allowing it to provide crypto-asset services in Europe. The approval makes Ripple one of the first entities authorized under the MiCA framework. It also marks XRP as the first major payment-focused token to obtain comprehensive EU-wide regulatory approval.

The U.S. Senate is advancing the Crypto Clarity Act, with 50 Republican senators confirming support and the measure now 3 votes short of the 60 required to pass. The bill aims to establish a unified regulatory framework for crypto assets. Trump has said he would sign the legislation “immediately.” If approved, the bill could reduce long-standing regulatory uncertainty for institutional investors and potentially open the door to trillions of dollars in institutional capital, with Bitcoin (BTC) widely viewed as a preferred allocation target.

A social media post claimed that “Ripple Treasury” is covered by #CLARITY and called for the legislation to be sent to former U.S. President Donald Trump as soon as possible. #CLARITY refers to the Crypto Asset Regulation and Innovation Yield Act, a congressional proposal intended to clarify when crypto assets are treated as securities and outline a regulatory framework. The proposal has not entered a formal legislative process and there has been no official confirmation of progress, leaving the post as policy speculation without cited bill text, voting timelines, or government backing.

In the first half of 2026, WLFI’s core stablecoin USD1 expanded sharply, reaching a $5.3B peak supply across 8+ chains. Liquidity on Solana rose from $115M to over $1B, while WLFI Markets launched with $310M+ supplied. The ecosystem also advanced institutional efforts with an OCC national trust bank charter filing and broadened real-world usage, including UFC bonuses paid in USD1. These developments reinforce WLFI’s role in protocol governance, yield distribution, and cross-chain financial infrastructure.