The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq's pilot program for tokenized stock trading, marking a significant step in integrating blockchain technology with traditional finance. This initiative allows tokenized securities to share the same order book as traditional stocks, enhancing market infrastructure. Meanwhile, China plans to add 12 more banks to its digital yuan system, expanding the central bank's digital currency operations. In other developments, the total market capitalization of real-world assets (RWA) on-chain has grown to $27.35 billion, while stablecoins saw a slight decline to $301.67 billion. The U.S. Senate is making progress on the Cryptocurrency Market Structure Bill, and the European Central Bank is exploring digital euro integration in ATMs and payment terminals. Additionally, the Bank of Korea has launched the second phase of its digital won pilot, focusing on cost reduction in large-scale transactions.