Overview of Key Overnight Developments on July 2

21:00-7:00 (UTC+8) Keywords: "Beautiful Act", Figma, DDC Enterprise,  

1. The U.S. Senate passes the "Big and Beautiful" Act;

2. The U.S. SEC approves the conversion of Grayscale's "Digital Large Cap Fund" into an ETF; 

3. Trump says he is willing to postpone the final deadline for passing the "Big and Beautiful" Act;

4. The U.S. SEC may be working on establishing universal listing standards for cryptocurrency ETFs;

5. Crypto tax incentive provisions were not included in Trump's "Beautiful Act";

6. DDC Enterprise has completed a $528 million financing round, with net proceeds used to purchase Bitcoin;

7. CZ: Personally donated $10 million worth of BNB to Vitalik to support his open-source biotech project;

8. Figma disclosed holding nearly $70 million in Bitcoin ETFs and has been approved to purchase an additional $30 million in BTC.