Bitcoin Surges Past $31K Amidst Great Accumulation and Resumed Withdrawals.

The "Great Accumulation" of Bitcoin has begun as investment giants apply for a Bitcoin spot ETF with the SEC. Binance.US has resolved U.S. dollar withdrawal issues but warns the relief may not last. Atomic Wallet has released a full "event statement" about the June exploit, but questions remain unanswered. The UK government moves forward on legislation that could help support the adoption of crypto in the country. The U.S. Federal Reserve Board sees payment stablecoins as a form of money and wants a "robust" role in its oversight.