According to CoinMeta, Trump plans to meet with Gulf leaders at next week's United Nations General Assembly to discuss the next steps regarding Iran. Additionally, Senator Kirsten Gilliland and six of her Democratic colleagues reiterated their commitment to pass the Clear Act. Vitalik Buterin refuted claims that AI hackers will destroy network security, arguing that AI form validation can fundamentally make software secure. The U.S. House Financial Services Committee advanced the H.R.8957 bill with a vote of 28-21, aiming to establish a strategic Bitcoin reserve. The Federal Reserve has raised interest rates by 25 basis points. The House Tax Committee passed the Digital Assets Tax Determination Act, providing a clearer tax framework for cryptocurrencies. SEC Chairman Paul Atkins stated that regulatory authorities will take decisive action to provide regulatory certainty for cryptocurrencies, regardless of whether the Clear Act is passed or not. Ondo Finance funds/services that join DTCC handle over 85% of U.S. mutual fund transactions. Deutsche Bank plans to launch digital asset custody services for institutional and corporate clients in Europe this year, with a scale of $1.7 trillion.