Overview of Key Overnight Developments on July 11

21:00-7:00 Keywords: Switzerland, Franklin, US Department of Justice

1. Lugano, Switzerland encourages the use of Bitcoin for daily expenses;

2. Franklin Ethereum Trust submits 8-A12B application documents;

3. Biden advisor attended the crypto roundtable for about an hour;

4. The German government transferred a total of 10,850 BTC to exchanges and market makers today;

5. US Department of Justice: BitMEX admits to violating the Bank Secrecy Act in an anti-money laundering case;

6. Bloomberg ETF analyst: US SEC may approve a spot Ethereum ETF on July 18;

7. Fox reporter: US CFTC Chairman is willing to bring the crypto market under CFTC jurisdiction;

8. US CFTC Chairman: Illinois court has confirmed that BTC and ETH are digital commodities;

9. US Department of Energy prepares for a second cryptocurrency mining survey, seeking industry opinions.