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According to Decrypt, US President Trump canceled the signing of the 21st Century Housing Act on June 24. This legislation included a provision to extend the ban on CBDC issuance until the end of 2030. Trump stated that unless Congress passes the SAVE America Act, he refuses to sign the bill, calling it irrelevant.

Glonghui, June 24 — UBS has lowered FedEx’s target price from $445 to $350, maintaining a “Buy” rating. (Glonghui)

Foresight News reported that the DAO application Hats Protocol, designed for Web3 teams, has announced it will close its parent company Haberdasher Labs and transform Hats Protocol into a public good. According to the official statement, Hats Protocol was founded on the simple belief that more organizations would operate online and would need the necessary infrastructure to solve issues around responsibility, authorization, and their management. During the project's development, the team realized these challenges were far more complex than expected, involving broader areas such as organizational structure and management. Ultimately, the project did not achieve the network effects and revenue necessary for commercial sustainability. The smart contracts of Hats Protocol remain unchanged, and users can continue to use them without the need for migration or any action. In addition, the entire technology stack is now open source, allowing users to deploy or build it themselves. The project will keep its hosted resources online until the end of the year.