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Bloomberg ETF analyst Eric Balchunas posted on the X platform that DTCC's digital conversion is taking place on HyperLedger Besu, which is DTCC's private network, as well as on the Canton public blockchain. This is part of DTCC's multi-chain strategy aimed at ensuring resilience, scalability, and selectivity.Additionally, DTCC currently holds over $114 trillion in securities, and its subsidiaries processed approximately $47 trillion in securities transactions last year.

Galaxy Digital's research director Alex Thorn stated that a large amount of long-dormant BTC will be reactivated and transferred on-chain during 2024 and 2025, with the scale only second to that of 2017.He pointed out that the current phase of "Great Distribution" brought about by the awakening of old BTC is basically coming to an end, and it is expected that the amount of BTC awakened in 2026 will be less than half of that in 2025.

The UK plans to issue its first digital sovereign bond by early 2027, becoming the first G7 country to issue government debt on a distributed ledger.The bond will be listed on HSBC's Orion platform and included in the digital securities sandbox of the Bank of England (BoE) and the Financial Conduct Authority (FCA) to test reduced settlement times and lower costs. Bank of England Governor Andrew Bailey stated that the BoE plans to make the bond eligible as market operation collateral, allowing banks to use the bond in central bank financing transactions.

According to South Korea's "Daily Economic News," the South Korean government has officially established policies for cultivating the blockchain and digital asset ecosystem through the "2026 Economic Growth Strategy for the Second Half of the Year." Core initiatives include launching a pilot project for the tokenization of government bonds in 2027, linking it with the central bank digital currency of South Korean banking institutions, and considering the interoperability of CBDC with other private blockchains.The legislation for digital assets is accelerating, with plans to promote the legislation of the "Fundamental Law on Digital Assets" in the second half of the year, covering the institutionalization of stablecoins and the systematization of cross-border stablecoin transactions. The government will also support amendments to capital market laws to promote the institutionalization of virtual asset spot ETFs. In terms of the competitiveness of the blockchain industry, large demonstration projects and leading technology research and development will be promoted in the fourth quarter of this year. Additionally, the government will collaborate with international organizations such as UNFCCC and GGGI to manage GVCM carbon credits in accordance with the Paris Agreement based on blockchain technology.

According to South Korean media Digital Asset, South Korea's largest cryptocurrency exchange Upbit has officially joined the Digital Chamber of Commerce in the United States. The Digital Chamber of Commerce was established in 2014 and is the largest lobbying organization in the global digital asset industry, dedicated to promoting a clear regulatory environment and the development of industry policies.The Digital Chamber of Commerce stated that Upbit is the largest digital asset exchange in South Korea, with operations covering multiple Asian markets including Singapore, Indonesia, and Thailand, and looks forward to deepening cooperation between both parties in the global membership community.

According to The Block, the United States and the United Kingdom are deepening their cooperation on digital assets, releasing a joint statement from the Transatlantic Future Markets Working Group, stating that regulated stablecoins have the potential to enhance the efficiency and competitiveness of the financial system. This working group was established last year to deepen cooperation between the two countries and reduce market fragmentation.The joint statement calls for the Bank of England, the UK Financial Conduct Authority (FCA), and the US CFTC and SEC to develop a framework for the treatment of tokenized assets, and instructs the FCA and SEC to "explore options to facilitate cross-border financing." The statement also proposes support for competition and innovation in assets such as stablecoins and tokenized deposits, emphasizing standards for custody, reserve isolation, and consumer protection, and providing clear priority legal claims for stablecoin holders in the event of bankruptcy. This statement comes on the one-year anniversary of the passage of the US GENIUS Act, with Federal Reserve Chairman Kevin Warsh stating at a House Financial Services Committee hearing that "relevant rules are being introduced just ahead of the July 18 deadline."

Founder of Strategy Michael Saylor stated that Bitcoin is digital capital, and Strategy is transforming it into digital credit.

The European Central Bank announced the selection of 36 payment service providers to participate in the digital euro pilot, covering both banking and non-banking institutions, spanning multiple countries in the euro area and various business models.The pilot will start in the second half of 2027 and last for 12 months, primarily aimed at testing the technical functionality, operational processes, and user experience of the digital euro, preparing for the potential issuance of the digital euro.This pilot will use a test version of the digital euro that closely resembles the legislative draft proposal, but it will not have legal tender status.

Cryptocurrency trading and liquidity service provider Cumberland announced on platform X that its Singapore subsidiary Cumberland SG Pte. Ltd. has obtained the MPI license issued by the Monetary Authority of Singapore (MAS), allowing it to conduct Digital Payment Token (DPT) services and cross-border money transfer services.

Jupiter announced the launch of the digital card platform Jupiter Gacha, supporting collectors in purchasing real-rated Pokemon and One Piece cards. The related cards will be issued in a fully on-chain format and can be traded on the Solana DEX.According to the introduction, each draw on Jupiter Gacha corresponds to a certified rated card, giving users the chance to draw cards worth more than the amount paid, and rewards can be obtained during the event. This feature is currently in the Beta testing phase.

After a meeting with Islamic scholar Mufti Taqi Usmani, Bilal bin Saqib, the chairman of the Pakistan Virtual Assets Regulatory Authority, stated that stablecoins, tokenized RWA, and other blockchain products should undergo separate technical and Islamic law assessments and should not be regarded as the same category.Previously, scholars including Usmani issued a fatwa declaring that USDT and other cryptocurrencies do not constitute wealth recognized by Islamic law, rendering transactions for purchasing physical goods or digital services invalid. Pakistan passed the Virtual Assets Act in March of this year, requiring exchanges, custodians, and token issuers to ensure compliance with Islamic law under the guidance of an Islamic finance scholars committee. At the same time, the country is advancing sovereign stablecoins, national asset tokenization, and licensing for cryptocurrency trading platforms.

According to Bitcoin.com, the European Parliament passed the resolution to advance the digital euro with 416 votes in favor, 169 against, and 22 abstentions, entering a critical phase of negotiations with member states. This currency was first proposed in 2023, aiming to maintain European monetary sovereignty and provide citizens with digital cash.Negotiation representative Fernando Navarrete Rojas emphasized that the digital euro will "complement rather than replace cash," and will provide free basic accounts and holding limits to protect the financial system. The European Central Bank has previously established partnerships with major European payment standard providers, using it as a tool to counter the growing influence of private currencies such as stablecoins. European Central Bank Executive Board member Piero Cipollone stated that the digital euro will "reduce Europe's dependence on external providers."

According to BitcoinTreasuries.NET, the publicly traded company Empery Digital has sold 1,400 bitcoins, and the proceeds will be used to fund a $65 million artificial intelligence data center project and repay $10 million in debt.After the sale, the company currently still holds 1,514 bitcoins.

According to Decrypt, the AI-driven decentralized finance infrastructure project TrueDAO announced the completion of a $10 million strategic financing round, led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital.The funds raised will primarily be used for the development of core AI protocols, the construction of AI risk control systems, security audits, compliance work, and the expansion of ecosystem partnerships. After the financing is completed, TrueDAO will advance the launch of the testnet, developer tools, and ecosystem integration plans.

According to CoinDesk, the Japanese listed company Metaplanet is collaborating with the yen stablecoin issuer JPYC and the security token platform Progmat to research digital credit products using Bitcoin as collateral.

On July 10, HSBC announced that it has completed the issuance of its first digital native structured product in Hong Kong, which is a private placement of structured notes denominated in US dollars. The notes are issued directly on the blockchain rather than being digitized after issuance. Asia-Pacific digital market infrastructure operator Marketnode acts as the tokenization agent and digital payment agent, managing the payment process between the issuer and investors.Marketnode is supported by Euroclear, HSBC, SGX Group, and Temasek. HSBC positions this transaction as a pilot project aimed at demonstrating how tokenization can improve the issuance, settlement, and ongoing servicing of products throughout their entire lifecycle. HSBC did not disclose the issuance scale, reference assets, note duration, investor identities, or the blockchain used. This issuance continues HSBC's years of efforts in the field of tokenization, having previously issued digital native bonds through the HSBC Orion platform and launched retail gold tokens in Hong Kong.

According to monitoring by Lookonchain, it is suspected that Bitmine (0x2B7...d7dC) under Tom Lee bought 20,500 ETH from Galaxy Digital again 6 hours ago, worth 35.92 million USD.

According to CoinGlass data, XAUT is currently priced at $4049.71, with a total spot trading volume of approximately $51.53 million across the network, of which the Gate platform accounts for about $10.1557 million, ranking second in the network. PAXG is currently priced at $4052.57, with a total contract trading volume of approximately $179 million across the network, of which the Gate platform accounts for about $8.3865 million, ranking third in the network. The overall trading enthusiasm for gold digital assets remains high, and Gate continues to demonstrate good liquidity and market depth in the trading market.

According to Onchain Lens monitoring, a wallet possibly belonging to Multicoin Capital appears to be selling HYPE through Galaxy Digital.167,000 HYPE (approximately $11.2 million) was routed through an intermediary wallet to Galaxy Digital's over-the-counter trading platform at around 5 o'clock.

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated on the X platform that under the supervision of the U.S. President's Digital Asset Market Working Group, the U.S. will never launch a central bank digital currency.