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The National Development and Reform Commission officially released the "Action Plan for the Cooperative Development of Artificial Intelligence," aimed at building an open, shared, secure, orderly, and collaboratively governed global artificial intelligence ecosystem. The plan clearly outlines eight core actions, comprehensively promoting deep international cooperation in the AI field from multiple dimensions, including data, computing power, algorithms, talent, and governance. At the foundational level of data and computing power, the action plan emphasizes the need to promote cross-border data flow and build a trustworthy cross-border data space, collaboratively constructing a high-quality corpus; at the same time, it promotes the interconnection of intelligent computing facilities, providing inclusive intelligent computing services to developing countries, and creating low-carbon intelligent computing infrastructure driven by green energy.In terms of industrial empowerment and ecological sharing, the plan encourages the co-construction of an international open-source community for artificial intelligence, promoting the sharing of general large models, basic algorithms, and tool components, and supporting countries in conducting localized innovation based on open-source models. By deepening "Artificial Intelligence +" cooperation, it aims to build a cross-national industrial cooperation platform, promoting the deep application and empowerment of AI technology in fields such as science, manufacturing, healthcare, education, agriculture, and governance. In addition, the plan also proposes the establishment of a joint training mechanism for top digital talent, collaboratively formulating occupational standards and skill certification systems, comprehensively enhancing public literacy, and jointly addressing the structural impacts of AI on employment.Regarding industry rules and technical security, the action plan advocates for the co-construction of rules and standards and collaborative governance for security. All parties will strengthen information sharing on cybersecurity threats and emergency response cooperation, researching ways to enhance the explainability, transparency, and safety of artificial intelligence. Finally, the plan emphasizes adherence to the technological ethics principle of "AI for Good," collaboratively constructing an ethical guideline system dedicated to eliminating algorithmic biases in the forms of racism, discrimination, and others. By promoting international governance cooperation in AI research, it aims to contribute public scientific products to the Global South, effectively serving the United Nations' 2030 Sustainable Development Goals.

Crypto journalist Eleanor Terrett posted on the X platform that the U.S. Senate yesterday passed a resolution by unanimous consent, stating that FTX founder Sam Bankman-Fried should not receive a presidential pardon.The resolution was introduced by Senators Ruben Gallego and Cynthia Lummis, formally recording the Senate's political statement opposing the pardon for SBF.However, the resolution is not legally binding, so it will not prevent the U.S. President from pardoning SBF in the future, nor does it have any direct impact on his current legal situation.

According to Bitcoin Magazine, a report from NYDIG shows that Bitcoin has fallen nearly 30% this year, performing the worst among various assets, lagging behind U.S. Treasury bonds, silver, and the Swiss franc. The report points out that the current slump is due to supply mechanisms rather than risk sentiment, and the timing and structure of the pullback in 2025-2026 are increasingly resembling the adjustment years of 2014, 2018, and 2022. If the 2022 model is fully replicated, the cycle low could be around $38,000-$39,000.However, Bitcoin experienced its lowest volatility year on record in 2025, and some analysts believe this year's pullback may be shallower than in previous bear markets. In Q2 2026, the rolling correlation between Bitcoin and gold increased, with both assets facing sell-offs, and the "devaluation trade" losing momentum. Bitwise stated last week that despite Bitcoin being in the deepest and longest slump since the last bear market, the fundamentals have laid the groundwork for a rapid recovery. NYDIG referred to the CLARITY Act as "the most important forward-looking catalyst for the digital asset industry."

Ripple's Co-Head of Global Public Policy and Government Affairs, Lauren Belive, stated that opposing the CLARITY Act is not against the crypto industry, but rather against consumers, as it will leave crypto holders exposed to bad actors exploiting regulatory arbitrage. Belive noted that the U.S. digital asset market already exists, but federal rules to protect consumers have not kept pace. She pointed out that the regulatory gap that led to the FTX collapse and customer fund losses still exists.Belive stated that the CLARITY Act would grant the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) clear joint jurisdiction over the digital asset market and require tokens to undergo regulatory oversight before entering the market. Ripple's Chief Legal Officer and President of the National Cryptocurrency Association, Stuart Alderoty, stated that opposing the CLARITY Act would allow the current unregulated status to continue, which would be exploited by bad actors.

South Korea plans to amend the 1950 National Property Act to include virtual currencies and intellectual property as national assets, and will launch a pilot program for tokenized government bonds in 2027.

DeepSeek's first round of financing has officially landed. Business registration information shows that DeepSeek's affiliated company, Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., recently underwent a business change, adding Hangzhou Chengli Enterprise Management Consulting Partnership (Limited Partnership) and National Artificial Intelligence Industry Investment Fund Partnership (Limited Partnership) as shareholders, with registered capital increased to 16.4475 million yuan.

According to Japanese media reports, the Japanese Senate officially voted today to pass the revised "Financial Instruments and Exchange Act." This amendment marks the formal inclusion of crypto assets (virtual currencies) into the regulatory scope of financial products, no longer limited to the constraints of the "Funds Settlement Act" as a means of payment.In terms of regulation and investor protection, the new rules introduce an insider trading regulatory mechanism for the crypto market, while also accepting oversight from monitoring committees such as those for securities trading. Additionally, the law significantly increases the penalties for unlicensed operators, with the maximum sentence raised from 3 years to 10 years in prison, and the maximum fine increased to 10 million yen. This revised legislation is expected to be officially implemented by July 2027.In terms of taxation and investment channels, the new rules clarify several significant policy changes. Starting from January 2028, the tax rate on profits from crypto asset trading in Japan will be reduced from the current maximum of 55% comprehensive taxation to a unified tax rate of 20%, the same as for stocks (separate declaration taxation). Furthermore, the Japanese market is also expected to officially lift the ban on crypto asset ETFs during the same period, with various securities institutions already beginning preparations for related entry matters.

According to CoinPost, the Japanese Senate plenary session today passed and established the "Amendment to the Financial Instruments and Exchange Act and the Fund Settlement Act," redefining crypto assets from a means of payment to financial products. Key revisions include: the renaming of crypto asset exchange operators to crypto asset trading operators, increasing the maximum prison term for unregistered sales from under 3 years to under 10 years, and raising fines from under 3 million yen to under 10 million yen; the introduction of regulations against insider trading in crypto assets for the first time, prohibiting trading based on undisclosed important information; and requiring specific crypto asset issuers to disclose information regularly every year.In terms of taxation, it shifts from a maximum comprehensive tax rate of 55% to a separate declaration tax (approximately 20%), allowing losses to be carried forward for 3 years, expected to be implemented from January 1, 2028. The bill also provides a framework for the establishment of crypto asset ETFs, with the Japan Exchange Group expected to promote ETF listings around 2027. After the bill's passage, the next focus will shift to the formulation of specific rules such as government orders and supervisory guidelines, including reserve levels and derivative leverage limits. Compliance costs may pose pressure on small and medium-sized exchanges, but the entry opportunities for asset management companies and banking insurance institutions will expand.

According to South Korea's Chosun Ilbo, the National Tax Service of South Korea is accelerating preparations for the taxation of virtual assets by 2027, including the establishment of a new Digital Asset Comprehensive Division and the promotion of the construction of a comprehensive analysis system for virtual assets. However, the National Assembly has not yet scheduled the discussion on the petition signed by 50,000 people to abolish the virtual asset tax, and discussions have stalled.Under the current tax system, investment income from virtual assets is taxed at 22% after a deduction of 2.5 million won, while stock investors do not pay capital gains tax when buying and selling stocks on the exchange, and losses from virtual assets cannot be carried over to the next year, which has been criticized as unfair. Related discussions are expected to advance after the government's tax reform plan is announced at the end of July.

Fox Business crypto reporter posted on X platform stating that it is currently unclear what this means for the BRCA provisions, and it is also unclear whether the version passed by the Senate Banking Committee will undergo further modifications.Support from law enforcement has become a key factor in the negotiations of this bill, with some Democratic senators, including @CortezMasto and @MarkWarner, expressing a desire to address the concerns of law enforcement before the legislation receives full support in the Senate.

According to GoPlus analysis, Lumi Finance on Arbitrum was attacked on July 13, resulting in a loss of approximately $270,000.The vulnerability originated from a logical flaw in the validateUserOp function of the Sodium smart account contract (ERC-4337) when calling _validateSignature to verify the signature—specifically, during the execution of isValidSignatureNow, the signer parameter was passed as the attacker's address. After an error occurred in the call to ECDSA.tryRecover, it did not revert but instead called the isValidSignature function in the attack contract and passed the verification. The attacker exploited this vulnerability to execute Token approve operations during the UserOperation verification period, obtaining approval rights for ERC20 tokens from multiple smart accounts without the payer's consent.

According to South Korean media EToday, the South Korean government announced the "2026 Economic Growth Strategy for the Second Half of the Year," declaring that it will accelerate the advancement of three major "super projects": semiconductors, AI data centers, and physical AI, and plans to enhance industrial competitiveness through the construction of blockchain and digital asset ecosystems.According to the plan, South Korea aims to double its storage chip production capacity within the next five years and launch an AI chatbot and a unified AI education platform for the public in the second half of this year. Notably, the South Korean government proposed to advance large-scale demonstration projects for blockchain and digital asset ecosystems in the second half of this year and to initiate a pilot project for the tokenization of government bonds based on blockchain, exploring the linkage with the central bank's institutional CBDC to promote the upgrade of financial infrastructure. In addition, South Korea also plans to establish strategic investment accounts and a national growth fund to expand long-term capital support for strategic industries such as artificial intelligence, quantum technology, security, and blockchain.

Ledger announced the expansion of support for Celo, having integrated Celo's CIP-64 fee abstraction feature into Ledger Live. After the upgrade, users can pay on-chain transaction gas fees using 18 types of Celo native assets, without needing to use the native token CELO exclusively.The assets that can be used to pay gas include USDT, USDC, USDm, EURm, GBPm, JPYm, CADm, AUDm, CHFm, BRLm, NGNm, PHPm, COPm, KESm, ZARm, XOFm, GHSm, and WETH. CIP-64 is a core mechanism introduced by Celo in the July 2023 Gingerbread hard fork, allowing transaction fees to be paid directly with approved ERC-20 tokens.According to official disclosures, nearly half of the transactions on the Celo chain are currently settled with US dollar stablecoins instead of CELO for transaction fees. Ledger had previously supported the sending, receiving, and exchanging of CELO and Celo native stablecoins in Ledger Live as of December 2025.

U.S. President Trump stated that the U.S. Senate should pass the Clarity Act to support Senator Lindsey Graham. He mentioned that China and other countries are trying to gain dominance in this important financial sector as well as in the field of artificial intelligence, and he urged the U.S. not to lose its competitive edge in these two areas.

According to CoinDesk, the Bolivian government is evaluating the inclusion of the Tether stablecoin USDT into the national payment system, allowing it to circulate alongside the boliviano and the US dollar as a regulated option. Minister of Economy José Gabriel Espinoza stated that authorities are developing a framework for banks, digital wallets, and payment institutions, and the proposal is still in the technical review stage, with USDT not yet granted legal tender status or implementation details announced.Since the central bank lifted restrictions on cryptocurrency trading in mid-2024, local cryptocurrency trading volume has surged to $430 million within a year, with overall trading volume increasing by about 630%. Against the backdrop of US dollar scarcity and the shift to a floating exchange rate this year, demand for crypto assets among businesses and residents has risen. Officials stated that if the proposal is implemented, it will strengthen anti-money laundering regulations, as Bolivia remains on the gray list of the Financial Action Task Force.

According to a report by Jinshi Data on July 13, the Ministry of Industry and Information Technology and three other departments issued guidance on promoting the high-quality development of internet infrastructure resources. It mentioned strengthening the planning of internet technology innovation, promoting the implementation of relevant national key research and development programs and major national science and technology projects, enhancing original technology innovation, and carrying out technical research on the integration of artificial intelligence, blockchain, distributed identifiers and internet infrastructure resources, breaking through key technologies such as network dynamic optimization, intelligent resource scheduling, and data security interaction. Strengthening the innovation of the IPv6 technology system to solve key issues such as protocol compatibility and high-performance transmission. Breaking through key technologies for satellite internet mega-constellation networking, rapid routing switching, and reliable anti-jamming transmission. Breaking through key technologies for the large-scale deployment and application of resource public key infrastructure.

On July 13, according to WEEX TradFi data, the three major U.S. stock indices slightly rose last Friday, oil prices remained strong, and precious metals were generally weak. The market will focus this week on the U.S. June CPI, bank earnings reports, developments in the U.S.-Iran situation, and related dynamics from the Federal Reserve.Key events include: the release of the U.S. June CPI on Tuesday, where core inflation data may impact expectations for Federal Reserve rate cuts, while major banks like JPMorgan will successively disclose their earnings reports; on Thursday, TSMC will announce its latest performance, and AI computing power-related guidance may continue to influence sentiment in the semiconductor sector. WEEX Labs believes that the CPI data and corporate earnings reports will jointly affect the market's pricing of inflation stickiness and AI capital expenditures. Funds may continue to rotate around interest rate-sensitive assets and the AI infrastructure sector. Investors need to pay attention to macro data and the outcomes of events and participate in the market rationally.

The total amount of U.S. national debt surpassed $39 trillion in mid-March, with public debt exceeding $31 trillion. The Congressional Budget Office projects that the deficit for fiscal year 2026 will reach $1.9 trillion, and public debt will rise to $56 trillion by 2036.Senator Cynthia Lummis is promoting the BITCOIN Act, which aims to require the U.S. Treasury to purchase up to 1 million BTC within 5 years and hold them for at least 20 years, with no official purchase confirmation yet. On June 16, Cynthia Lummis stated that her model estimates that the holdings could reduce U.S. national debt by one-third to one-half, and she expects the Treasury to begin purchasing Bitcoin by the end of 2026.

Recently, international crude oil prices have continued to rise, and trading activity in the energy market remains active. According to market data from the Gate platform, WTI crude oil (CLUSDT) reached a 24-hour high of $74.53, currently reported at $74.26, with a 24-hour increase of 0.97%; Brent crude oil (BZUSDT) reached a 24-hour high of $79.19, currently reported at $78.94, with a 24-hour increase of 1.14%. CoinGlass data shows that the 24-hour trading volume of Gate CLUSDT contracts reached $6.1124 million, with an open interest of approximately $8.6676 million; the open interest of Gate BZUSDT contracts is approximately $3.0748 million, both ranking among the industry leaders.