Daily Summary, August 5

🇺🇸 The SEC simplified accounting for stablecoins in the U.S.

💎 Amazon Web Services (AWS) added the TON blockchain to its Public Blockchain Datasets program—now anyone can access full TON data for free via AWS cloud services.

🗽 The White House is preparing an executive order against “debanking” in crypto.

🪙 Ethereum network transaction volume in July exceeded $238 billion, a 70% increase compared to the previous month—also the highest figure since December 2021.

🇺🇦 In August, Ukraine’s parliament will consider a bill to legalize the crypto market.

🐋 SharpLink bought an additional 83,561 ETH for $264.5 million—the company now holds 521,939 ETH ($2 billion) on its balance sheet.

🇮🇩 Indonesia may include Bitcoin in its national reserves—the government has already discussed this with “crypto industry leaders.”

🇵🇭 The Philippine SEC accused 10 major crypto exchanges, including OKX, Bybit, KuCoin, and Kraken, of operating illegally without registration in the country.

🪙 About 40% of all on-chain fees come from USDT stablecoin transfers—this applies to 9 blockchains where Tether’s stablecoin is used.

💰 Publicly traded companies continue to actively accumulate altcoins in their reserves.

🐹 Glassnode analysts note that the market has shifted from the euphoria phase to the reevaluation stage.