bis

The Bank for International Settlements (BIS) released Working Paper 1374, proposing a technical solution based on the XRP Ledger (XRPL) to verify the source and integrity of official statistical data. This solution generates cryptographic fingerprints for SDMX datasets and records the hash values of batch data on the XRPL, while the original data itself is not stored on the chain.Users can verify the identity of data publishers and whether the data has been tampered with through digital signature credentials combined with a one-time on-chain query. Prototype testing results show that data publication takes about 3 to 5 seconds, while the verification process only takes about 1 to 2 seconds. The paper specifically notes that this system is currently only in the proof-of-concept stage and has not yet been put into a formal production environment.

The first on-chain game launched by FUNVERSE, FUN LONGINUS, will officially go live on the Anubis Chain mainnet on September 1, 2026, at 10:00 UTC (UTC+8 18:00). FUN LONGINUS originates from a hackathon and is an Eastern martial arts chain game designed for the Anubis GameFi ecosystem. It constructs on-chain gameplay around martial arts elements such as the Jianghu, arena, mentorship, Jiazi salary, leader's order, and Huaze artifacts, and is structured competitively based on the twenty-four solar terms.Each match features 24 different addresses participating together, with each player entering the arena using fLGNS. The execution of the match, determination of results, and final settlement are all completed by smart contracts, ultimately producing one leader. Match records, reward distribution, mentorship relationships, and players' Jianghu resumes are all stored on-chain. FUN LONGINUS completed the collective forging of heroes on August 18, 2026, and based on the market price at the time of publication, this collective forging is valued at over 1.4 million USD. The launch of the mainnet marks the game's transition from the hackathon prototype, public testing, and collective forging phase to the official on-chain game operation phase.

Tether CEO Paolo Ardoino stated that stablecoins are a more trustworthy form of currency than tokenized bank deposits, the former being almost fully backed by U.S. Treasury bonds, while the latter typically only has 10% of liquid assets backing it. Pablo Hernandez de Cos, General Manager of the Bank for International Settlements (BIS), mentioned that stablecoins face issues such as redemption capability, supply, interoperability, and facilitating crime, and he referred to tokenized bank deposits as a more direct path to preserving the monetary system's foundation while utilizing tokenization.Ardoino pointed out that the market capitalization of USDT has exceeded $183 billion and is used by some emerging markets for domestic and cross-border commerce. In discussions surrounding the Digital Asset Market Transparency Act (CLARITY Act), banks are concerned that allowing cryptocurrency exchanges to provide incentives for stablecoins could lead to a shift in deposits.

Pablo Hernández de Cos, General Manager of the Bank for International Settlements (BIS), stated that stablecoins lack credibility in large-scale payment scenarios, making it difficult to use them as everyday currency. He believes that tokenized bank deposits are a better alternative, capable of achieving the advantages of tokenization while retaining the foundation of the monetary system. This statement comes against the backdrop of regulatory agencies in various countries establishing a regulatory framework for stablecoins.Hernández de Cos also acknowledged that stablecoins could lower government borrowing costs but might also increase bank financing costs, which would then be passed on to household and business loan rates. He pointed out that the interoperability between stablecoin platforms is limited, anti-money laundering controls are inconsistently enforced, and the widespread use of dollar-pegged stablecoins overseas could undermine the monetary sovereignty of other countries and the effectiveness of domestic monetary policy.On the same day, the Financial Stability Institute (FSI) under BIS released a research report comparing the stablecoin regulatory rules of the United States, European Union, United Kingdom, Hong Kong, and Singapore, finding significant differences in the qualifications of issuing entities and the scope of business they can conduct across jurisdictions. The United States and Singapore impose stricter restrictions on non-bank issuing entities, while Hong Kong, the United Kingdom, and the European Union allow certain additional businesses under separate authorization or licensing.

According to the latest market data from Gate, several stock tokens with high market attention on Gate gStocks performed actively today. Among them, Nebius (NBISG/USDT) rose 22.36% in 24 hours, currently priced at $254.31; SpaceX (SPCXG/USDT) rose 10.49% in 24 hours, currently priced at $147.41; SanDisk (SNDKG/USDT) rose 4.61% in 24 hours, currently priced at $1,363.86. The overall performance of related market targets remains strong, and investor attention continues to heat up.

According to Binance spot data, the market has experienced significant fluctuations. NBISB has risen by 28.54% in the last 24 hours, and MUBARAK has increased by 8.67%, showing a rebound after hitting a low.At the same time, PARTI and WAL both reached new lows today, with declines of 7.73% and 10.6%, respectively. AEVO also hit a new low today, with a decline of 5.65%, while BABY's decline reached as much as 19.01%.In addition, EWYB and COHRB reached their highest prices in 24 hours, with increases of 5.04% and 12.92%, respectively.

Japan's largest banking group, Mitsubishi UFJ Financial Group (MUFG), plans to utilize blockchain technology to provide instant settlement services for certain Japanese Government Bonds (JGB) transactions.According to reports, MUFG plans to conduct blockchain-based Japanese Government Bond repurchase transactions using tokenized money market funds and stablecoins to shorten the settlement process of traditional securities transactions.

Citrini analyst Jukan shared content on platform X stating that industry insiders reported that Google DeepMind co-founder Demis Hassabis had previously planned to leave simultaneously with another co-founder, David Silver. However, Google management was concerned that this news could trigger a significant drop in stock prices, so they hoped to delay his departure. Reports indicate that after Google announced related adjustments, the company's stock did indeed decline. Ultimately, Hassabis was persuaded to take on the role of chairman of DeepMind to help facilitate a smooth transition and create space for a more appropriate departure from Google in the future.It is reported that as David Silver shifts to founding Ineffable Intelligence and John Jumper joins Anthropic, the core AI research and development force at DeepMind is undergoing changes. Some insiders believe that the center of gravity for AI model development at Google has now shifted more towards the Bay Area, leading to a decline in the importance of DeepMind. Internally, Google is focusing on the large language model Gemini to catch up with OpenAI and Anthropic. Hassabis's adjustment reflects a long-standing strategic contradiction within Google: researchers are more focused on long-term scientific breakthroughs, while the commercial team is more concerned with AI products that can be quickly commercialized to drive revenue and stock price growth. Market predictions suggest that Hassabis may leave Google within a year and could potentially start a new venture.

According to Jinshi reports, analysts at Mitsubishi UFJ Bank pointed out in a report that the suspected intervention action aimed at boosting the yen on Thursday is similar in timing to previous intervention operations. This intervention occurred at the end of the month, and the relevant confirmation data is expected to be released at the end of August.In addition, the action took place during the New York trading session, leaving a "clear impression that this action had the full support of the U.S. government." U.S. Treasury Secretary Yellen stated that the yen seems to be "severely undervalued."

According to ChianCatcher news, the stablecoin credit protocol Ebisu Finance announced today that it has decided to gradually shut down the project. Users need to quickly close remaining Troves, withdraw Stability Pool deposits, and ebUSD DEX liquidity. The minting of ebUSD has been suspended, and the front end will be deprecated in 3 months on October 30.This protocol is a fork of Liquity V2, supporting new collateral types and adjustable risk parameters. It has been running for over a year and has passed two audits. Ebisu aims to provide fixed-rate, open-term credit through ebUSD, with collateral including blue-chip yield-bearing assets such as LRTs, but the team has failed to expand ebUSD liquidity to support meaningful lending volumes.The project explored multiple solutions, including liquidity optimization, multi-chain expansion, structured products, and acquisition opportunities, but none addressed the core bottleneck of the CDP protocol: stablecoin liquidity and sustainable demand. The team stated that there are no plans for the launch or airdrop of EBISU tokens and thanked supporters, inviting other teams to contact them for permission to use their tech stack.

According to Jinshi, Lloyd Chan, a senior foreign exchange analyst at Mitsubishi UFJ Bank, pointed out in a research report that the US dollar may gain support in the short term due to high US Treasury yields and the ongoing tense situation in the Middle East. He stated that this week's Federal Reserve decision is likely to become a key catalyst for the market. Although no policy changes are expected, the market's focus will be on the guidance from the Federal Reserve.In addition, Chan also mentioned that the issue of US tariffs is becoming a focus of market attention again.

According to Jinshi reports, Mitsubishi UFJ Bank analyst Derek Halpenny stated in a report that the dollar may not be significantly affected by the latest round of trade uncertainties in the U.S. in the short term. He pointed out that the impact of Trump's new tariff plan on exchange rates should be limited.Currently, the market expects the U.S. to raise interest rates and the risks in the Middle East are high, providing some support for the dollar. However, if trade uncertainties escalate, investors' concerns about policy unpredictability and damage to the U.S. economy may lead to a sell-off of the dollar.

According to Cointelegraph, researchers from the Bank for International Settlements (BIS) have found that dollar stablecoins are forming a new type of "digital dollarization," which is almost insensitive to capital controls in emerging markets, making it more difficult for governments to regulate such assets compared to traditional foreign currency deposits.The researchers analyzed foreign currency deposit and dollar stablecoin inflow data from over 130 economies and found that both increased during periods of macroeconomic stress. However, the flow of stablecoins showed little response to capital controls or foreign exchange restrictions, possibly because they are "partially outside the regulatory scope." The BIS pointed out that stablecoins could undermine monetary sovereignty, and policymakers need new tools to address financial stability risks.

George Gonçalves, the head of U.S. macro strategy at Mitsubishi UFJ Securities Americas, stated that Waller's concise style gives more weight to the June meeting minutes than usual, providing valuable insights into the differing positions among Federal Reserve officials."The minutes will become more important because so far, we don't know what the Fed is thinking," Gonçalves said. "Seeing how they debate and what they focus on will be very enlightening."He added that some investors have questioned Waller's "hands-off" approach, with many hoping for a return to greater transparency. Many market participants are not used to the reduction in information, and there remains a considerable degree of skepticism about how long the Fed can maintain this. For now, we can only interpret the meaning between the lines.

The Bank for International Settlements (BIS) warned in its latest annual report that the bursting of the AI bubble, a rebound in inflation, and sovereign debt pressures are the three core risks currently threatening global economic prosperity. The report pointed out that if the returns on investment in the AI sector fall short of expectations, it could lead to the current capital expenditure boom evolving into a long-term investment contraction, triggering significant macroeconomic turbulence.The BIS specifically cautioned about the complex "circular financing" model within the AI industry chain, such as cross-shareholding and computing power binding procurement agreements between chip manufacturers and AI laboratories or cloud service providers. The institution emphasized that such transactions often lack transparency and pose the risk of the same asset being mortgaged multiple times. In addition, energy shocks caused by geopolitical conflicts could trigger a secondary rebound in inflation, compounded by high-leverage arbitrage trading by hedge funds in the government bond market, which would further exacerbate the fragility of the global financial system.

According to The Block, the Bank for International Settlements (BIS) pointed out in its "2026 Annual Economic Report" that current stablecoins do not meet monetary standards in terms of singularity, resilience, interoperability, and integrity, and their operational model is closer to ETFs rather than payment tools.The report estimates that even if the market value of stablecoins expands to between $1 trillion and $3 trillion, the net effect on economic output will still be slightly negative, while also exacerbating banks' financing pressures and weakening credit capacity. The BIS also warned of the risk of "stablecoin dollarization" in emerging economies, which could erode their monetary sovereignty.The report suggests using central bank currencies as a benchmark to construct a "unified ledger" that encompasses tokenized central bank reserves and commercial bank currencies as an alternative, and uses the Project Agora cross-border payment prototype as a feasibility proof.