1. U.S. stocks closed with AI-related stocks broadly down; Marvell fell more than 9.78%; 2. SEC Chair: The SEC is reforming the regulatory framework for publicly traded companies to make IPOs more accessible to retail investors; 3. Illinois is set to become the first state in the U.S. to impose a tax on digital asset transactions, expected to take effect in 2027; 4. Bitmine purchased 20,000 ETH 5 hours ago, still 380,000 ETH short of its 5% position target; 5. “ 1011 Insider Whale” liquidated 184,102 HYPE, realizing a profit of $2.83 million; 6. The Korea Times: South Koreans are losing interest in cryptocurrency trading; 7. U.S.-Iran framework agreement proposes a $300 billion private fund; 8. Saudi media released the 14-point terms of the U.S.-Iran memorandum of understanding; 9. Bipartisan senators urge the U.S. Treasury Department to preserve state-level stablecoin regulatory authority under the GENIUS Act.