Legal & Regulatory - US prosecutors argue crypto policy should be determined by Congress, not courts, in a $25 million MEV bot trial [1] - The outcome could potentially set a precedent for future crypto cases [1]

Core Insights - The Trump administration's early-2025 shift towards a pro-digital asset policy has led to significant actions, including an executive order to support the growth and use of digital assets and explore a Strategic Bitcoin Reserve [1][7] Regulatory Environment - A Justice Department memo indicates reduced prosecutorial pressure on crypto platforms, easing regulatory burdens for industry participants [2] - The administration's guidance signals a shift in enforcement emphasis, lowering the regulatory overhang for the sector [2] Company-Specific Benefits - MARA Holdings, Inc. (MARA) is experiencing a favorable shift in investor sentiment due to clearer policies that reduce legal and regulatory uncertainty, resulting in a 28% stock gain over the past six months [3][7] - Reduced policy risk is expected to increase demand for U.S. mining capacity, enhancing the utilization of Marathon's fleet and facilitating financing for long-term contracts [5] - Marathon's investments in data-center capacity and low-carbon power agreements position the company to scale operations in response to institutional adoption and government demand [5] Market Performance - Riot Platforms (RIOT) has seen a 128% stock increase in the past six months, as investors anticipate that regulatory clarity will stabilize mining economics [9] - Coinbase Global (COIN) has benefited from a friendlier policy environment, with a 66% stock increase in the past six months, attracting greater institutional participation [11] Overall Market Sentiment - The broader policy momentum is positively impacting sentiment across the digital asset ecosystem, reinforcing a bullish outlook for MARA [12]

Regulatory Landscape - U S Government released digital asset policy report [1] - RWAs (Real World Assets) are going mainstream [1] Company Positioning - Plume's tokenization vision cited directly in the report [1] - $PLUME is leading the charge in the RWA space [1]

Regulatory Landscape - The President's Working Group on Digital Assets is expected to release its 180-day report publicly on July 30th [1] - The report is anticipated to provide insights into how the US is planning to build its Bitcoin Strategic Reserve [1] - The US is positioning itself as a leader in digital asset policy [1]

Overview - Tokenized in America 旨在为决策者、行业和公众提供指导，以引导下一代数字资产政策 [1] Contact Information - Chainlink Labs 政府事务团队提供关于区块链政策的对话渠道 [1]