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Jinse Finance reported that more than ten crypto industry leaders, including Strategy co-founder Michael Saylor and Marathon Digital Holdings CEO Fred Thiel, will hold a roundtable meeting with Senator Cynthia Lummis and Congressman Nick Begich on Capitol Hill in Washington to promote the "Strategic Bitcoin Reserve" legislation. This proposal, reintroduced by Lummis in March this year as the "BITCOIN Act," plans to acquire 1 million bitcoins over five years through a "budget-neutral strategy" and establish it as a U.S. strategic reserve asset. The bill is an expansion of an executive order by President Trump, which required the government to permanently hold bitcoin, prohibited its sale, and mandated that confiscated crypto assets be deposited into an independent reserve. Currently, the bill has been submitted to the House Financial Services Committee and the Senate Banking Committee, but a hearing has not yet been scheduled. This move follows Congress's passage of the first stablecoin regulatory bill and marks a shift by lawmakers toward broader crypto industry regulation. Industry organizations such as DPN (Digital Power Network) have stated they will ensure that the strategic bitcoin reserve becomes a priority in Washington.

Jinse Finance reported that a U.S. federal district court judge on Monday dismissed a lawsuit filed by environmental groups. The lawsuit challenged the Federal Aviation Administration (FAA)'s 2022 decision to approve Elon Musk's SpaceX to expand its rocket launch operations near a national wildlife refuge in southern Texas. These groups argued that noise, light pollution, construction, and road traffic would also damage the area's environment. This area is the habitat of endangered ocelots and jaguarundis, as well as the nesting grounds for the endangered Kemp's ridley sea turtle and threatened shorebirds. U.S. District Judge Carl Nichols, based in Washington, stated that the FAA had fulfilled its obligation to "seriously consider the impact of lighting on nearby wildlife."