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Former senior foreign exchange diplomat from Japan, Mitsuhiro Furusawa, stated that the yen is currently too weak, which may lead to a joint intervention in the foreign exchange market by Japan and the United States again.He expects the Bank of Japan to raise interest rates in September and to raise them again in December or January next year, with a target rate of 1.5% to 1.75%.

Digital asset company Tether announced that it has completed a full independent audit conducted by KPMG U.S. on the financial statements of Tether International, S.A. de C.V. as of December 31, 2025. KPMG U.S. issued an unqualified audit opinion.The audit covered transactions, systems, ownership records, valuations, counterparties, and financial statement evidence, and reviewed the balance sheet, income statement, statement of changes in equity, and cash flow statement. KPMG U.S. also physically counted and inspected each gold bar held by Tether. Tether's Chief Financial Officer Simon McWilliams stated that the audited financial statements for 2025 show that its reserve assets exceed liabilities by $6.814 billion. Tether stated that this audit is an important step in fulfilling its long-term commitment to financial transparency.

The senior deputy governor of the Bank of Korea stated that the central bank is more focused on demand-side inflation pressures rather than supply-side, and revealed that there will be additional interest rate hikes.

According to ThePayPers, the digital investment service platform InvestiFi has completed a $20 million financing round, led by Vibe Credit Union, with participation from several U.S. credit unions including BankTech Ventures, ICCU (Idaho Central Credit Union), United Financial Credit Union, and Coastal Credit Union.InvestiFi enables traditional financial institutions to directly offer cryptocurrency trading, as well as investment services for stablecoins, stocks, ETFs, etc., within their existing online banking systems, allowing users to invest directly through checking or savings accounts without the need to transfer funds between bank accounts and external brokers or crypto platforms. The new funding will be used to scale the platform.

According to Jinshi, the United States is seeking opinions on expanding the scope of metal tariff products, suggesting tariffs on products such as welding machines and cranes.

Global remittance giant Western Union announced that its Stablecard, built on the Rain stablecoin infrastructure, is officially launched.Users can directly receive the stablecoin USDPT issued by Western Union and issued on Solana by Anchorage Digital Bank, and can make instant purchases at Visa-supported merchants worldwide through an integrated Visa card, or choose to withdraw cash.The first batch of Stablecard covers 37 markets, and Western Union plans to expand to more than 60 markets by the end of the year. The company stated that the stablecoin will help reduce the pre-funding requirements for cross-border remittances, improve capital efficiency, and support the launch of more digital financial services.

According to Jinshi reports, senior Iranian sources indicate that Iran is unlikely to accept any alternative solutions for reopening the Strait of Hormuz.

The South African National Treasury and the South African Reserve Bank (SARB) have jointly released the "Draft Manual on Cross-Border Crypto Asset Activities," which is now open for public consultation, with a deadline of September 30, 2026.This manual is implemented in conjunction with the previously released "Draft Regulations on Capital Flow Management 2026," aiming to strengthen the regulation of cross-border financial activities and prevent the risks of illegal fund flows related to crypto assets.The manual specifies the triggers for cross-border crypto asset transactions—when crypto assets are transferred between authorized CASPs in South Africa and foreign CASPs, or when they are transferred from an authorized CASP in South Africa to a non-custodial wallet, this constitutes cross-border capital inflow or outflow and must be reported to the Financial Surveillance Department (FinSurv).It is noteworthy that, at this stage, individuals are only allowed to conduct outbound crypto asset operations through authorized CASPs within a single discretionary limit or foreign capital limit, and South African entities are currently not permitted to engage in related cross-border operations.Furthermore, the manual does not currently differentiate between different types of crypto assets, nor does it classify crypto assets as South Africa's official currency.

Websea, in collaboration with the Hong Kong Causeway Bay Group, the Asia Blockchain Association, the Central Asia (Kazakhstan) Zhejiang Federation, the Natural Coal Mine Group, Orenance, and the World Kazakh Association, will hold the Global RWA Summit in Almaty on August 18, with confirmation of attendance from the Kazakhstan government and the Deputy Prime Minister.As the core joint unit, Websea is the only digital asset trading platform included in the national strategic level of Central Asia for this summit, coordinating global resource connections and agenda setting. This summit is the first RWA special summit in the Central Asia region supported by high-level government officials, spanning multiple industries including energy, finance, and blockchain.From the landing of innovative products to the layout of TradFi asset chain integration, Websea's positioning is no longer limited to a single product level but is building an RWA asset trading hub with intergovernmental dialogue capabilities.

Tencent's official X account stated that its research agent Hyra collaborated with the Hy3 model to explicitly prove an issue that has troubled the mathematical community for over 50 years: the optimal growth rate exponent of the size of the sum set |A+A| and the size of the difference set |A-A| for a finite integer set A is exactly 2. The theorem from 1969 provided an upper bound of 2, but for the following 50 years, the best constructed exponent was only slightly above 1.1.This achievement demonstrates the potential of AI agents in the field of pure mathematical reasoning. Tencent stated that Hyra is an AI research agent developed in-house, specifically designed to assist in the exploration of complex mathematical and scientific problems. This conclusion still requires confirmation through peer review by the mathematical community.

According to The Block, Coinbase has appointed senior employee Rob Witoff (@RWitoff) as the new Chief Technology Officer (CTO), coinciding with ongoing executive adjustments at the largest cryptocurrency exchange in the United States.Witoff previously served as the head of the Coinbase platform and recently stated that 95% to 100% of the company's code is written with AI assistance, with the workload of AI agents equivalent to about 1,200 full-time developers.

According to former Fox Business reporter Eleanor Terrett, one of the largest police unions in the United States, the National Fraternal Order of Police, has shifted its support to the latest version of the Clarity Act, stating that the revised provisions of the Blockchain Regulatory Certainty Act (BRCA) address its previous concerns and preserve law enforcement's ability to investigate cryptocurrency crimes.The report notes that the text of the latest version of the BRCA, released on Wednesday, has not changed, and it is currently unclear what specific revisions the union is referring to.

According to a post by Frank Chaparro, GSR's Director of Strategic Communications, Visa is hiring for a "Sr Director, Stablecoin Labs" position in New York, with a maximum annual salary of $400,900, plus bonuses and equity incentives.The job listing indicates that this position will be responsible for Visa's Web3 and stablecoin product roadmap, exploring new commercialization application scenarios, and participating in the planning of the company's next-generation stablecoin payment products. Frank Chaparro believes this further indicates that stablecoins are becoming a core priority in the global payments sector.

Neocloud company Nebius announced the completion of its first senior secured debt financing of approximately $775 million. This financing will be used to expand its AI cloud platform and is supported by deployed GPU infrastructure and cash flow from investment-grade customer contracts.This debt financing will mature in 2030, with an interest rate of SOFR + 2.5%. Nebius currently has over $40 billion in contract revenue from clients such as Microsoft and Meta.

According to Globenewswire, the Nasdaq-listed blockchain financial platform Figure Technology Solutions announced that it will raise $600 million through the issuance of senior secured notes, with the specific issuance depending on market conditions. The proceeds from this financing will primarily be used for the cash consideration to acquire Kiavi, as well as for general corporate purposes and related issuance costs.The note issuance by Figure will be jointly guaranteed by some subsidiaries and will be privately placed to qualified institutional investors, without public registration, and there remains uncertainty regarding the final completion.In addition, Figure will acquire the AI real estate lending platform Kiavi for $717 million, and Figure expects Kiavi to add over $7 billion in transaction volume annually. After the transaction is completed, Kiavi's CEO Arvind Mohan will join Figure as Chief Business Officer.

According to a recent article by npm co-founder Laurie Voss, research from Stanford University's Digital Economy Lab based on ADP payroll data shows that since the end of 2022, the number of employed junior software developers aged 22 to 25 has decreased by 19%, and entry-level software development positions have dropped by 28% from their peak, with the unemployment rate for computer science graduates rising to 6.1%. However, the total number of developers employed in the U.S. has still grown by 4.4% during the same period, with the employment of senior developers aged 41 to 49 increasing by 14%. Data from the U.S. Bureau of Labor Statistics (BLS) further indicates that over the past year, the number of "computer programmer" positions primarily responsible for writing code on demand has decreased by 16%, while positions for data scientists and core software developers that require more architectural judgment have increased by 12% and 2%, respectively.At the same time, the proliferation of AI tools has led to an explosion in software creation. GitHub added a record 36 million accounts and 121 million code repositories last year, and the number of app submissions to the Apple App Store surged by 80% year-on-year in the first quarter of 2026. Data from platforms like Vercel and Lovable indicates that over 60% of new users are "non-traditional developers" such as product managers and analysts. Industry analysts warn that as AI replaces basic coding tasks, the traditional "junior to senior" engineer apprenticeship promotion path has been disrupted, raising concerns about the safety of AI-generated code and challenging the future sources of senior developers. However, the latest hiring data from platforms like Indeed shows that the demand for related entry-level positions hit bottom in May 2025 and has begun to show signs of rebound.

According to Digital Asset, the South Korean Supreme Court announced on July 2 the legislative preview of the "Partial Amendment to the Civil Execution Rules," establishing regulations for the civil enforcement of virtual assets, which will take effect on October 1 after gathering opinions. The amendments cover the enforcement and liquidation of the right to request the transfer of digital assets, as well as the enforcement and liquidation of the digital assets themselves.After the court's seizure order takes effect, third-party debtors are prohibited from transferring assets to the debtor, and the debtor is also prohibited from disposing of relevant rights. Seizing creditors can apply to the court to require third-party debtors to state whether they acknowledge the claim and its specific content. Seized assets can be liquidated through transfer orders or sale orders, with sales conducted through entrusting virtual asset businesses, selling after transferring to the executor's account, or exchanging for more liquid digital assets before selling. For digital assets with insufficient liquidity, they can be converted into other digital assets for liquidation. The Supreme Court's administrative office will gather opinions before August 11.

According to the Bangkok Post, the Bank of Thailand is advancing a 1:1 baht-backed stablecoin plan and expects to launch a public consultation (open call for opinions) on the related proposal by the end of this year.