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Ministry of Industry and Information Technology and three other departments: Strengthen the planning of internet technology innovation, promote the implementation of relevant national key research and development programs and major national science and technology projects

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.

Key progress in the Qian Zhiming 60,000 Bitcoin case: Lantian Ge Rui enters through the litigation administrator, and the dispute over the applicability of Chinese and British law is in direct confrontation

According to Caixin, the case involving 60,000 bitcoins belonging to Qian Zhimin held a three-day hearing from July 7 to 9, 2026. Blue Sky Ge Rui Company officially joined the battle for bitcoin rights through the litigation administrator. The bitcoin dispute has transformed from a "two-party confrontation" into a "three-party competition": 1. The UK prosecution (DPP) claims that the assets should be recovered by the state; 2. The Chinese victims assert that they have property rights to the bitcoins that can be traced and have significantly appreciated in value; 3. The litigation administrator representing Blue Sky Ge Rui Company argues that the bitcoins are substitute assets formed after Qian Zhimin misappropriated company funds.It is reported that the estimated value of the bitcoins involved in the case is about 427,000 yuan each as of July this year, a 152-fold increase from the purchase price when Qian Zhimin acquired them in 2014 (2,815 yuan each). If the applicant can successfully assert their property rights to the relevant bitcoin assets, the amount they can recover will not be limited to the original investment loss but can also extend to the appreciation gains of the bitcoins. The litigation administrator representing Blue Sky Ge Rui Company believes that the bitcoins in question are essentially transformed from misappropriated company property, and the company has the right to trace them and assert property rights.Meanwhile, the Director of the UK Crown Prosecution Service (DPP) continues to insist that Chinese law should apply, while the leading law firm representing individual victims has proposed four complementary legal arguments to avoid the victims' claims being entirely dismissed due to any single legal pathway: 1. Bitcoin in the UK should be governed by UK law; 2. The investment contract is a scam, and upon cancellation, the rights revert to the victims; 3. The tracing mechanisms under POCA Sections 305 and 306 should also apply to the victims; 4. A "mixed structure" should break the binary choice between Chinese and UK law.

The Ministry of Commerce and seven other departments released 17 measures to comprehensively promote the development of "Artificial Intelligence + Consumption."

The Ministry of Commerce and seven other departments officially released the "Implementation Opinions on Accelerating the Development of 'Artificial Intelligence + Consumption'," proposing 17 specific measures around five major areas: commodity consumption, service consumption, business innovation, and promotion guarantees. The aim is to address structural bottlenecks on both the supply and demand sides, promoting the accelerated integration of artificial intelligence technology into households and businesses.The "Opinions" clearly state that in the commodity sector, the supply of smart terminals will be expanded, a new track for humanoid robot consumption will be established, and a "people, vehicles, homes" full-scene interactive ecosystem will be created. It also promotes the deep integration of AI with cutting-edge technologies such as brain-machine interfaces and augmented reality. In the service sector, the focus will be on five major scenarios: home care, elderly care, and cultural tourism, researching the inclusion of smart homes in the "good housing" construction guidelines, and equipping elderly care institutions with smart nursing and rehabilitation robots. Furthermore, the "Opinions" also plan to embed AI technology in retail, e-commerce, and logistics to enhance circulation efficiency, and propose the establishment of "Artificial Intelligence + Consumption" aggregation areas and experience centers, requiring close alignment with existing consumption promotion policies such as "trade-in for new" for digital products, thereby shifting the logic of consumption growth in our country from reliance on external stimuli to gradual empowerment through technology.

South Korean Ministry of Finance: Tokenized stocks are considered securities rather than virtual assets, with taxation expected to begin as early as the second half of the year

According to a report by Bloomvingbit, the South Korean Ministry of Finance and Economy stated that tokenized stocks are considered securities rather than virtual assets. If the Financial Services Commission confirms their securities nature, taxes can be imposed immediately under the current Capital Markets Act, potentially as early as the second half of this year. Officials from the Ministry of Finance pointed out that although tokenized stocks are formally virtual assets, they are essentially closer to securities.The Financial Services Commission has previously clarified in its token securities guidelines that token securities are securities issued in the form of digital assets and fall under the jurisdiction of the Capital Markets Act. Currently, the market generally believes that tokenized stocks are classified as virtual assets (non-taxable assets) and can enjoy tax exemption until the implementation of virtual asset taxation next year. However, the Ministry of Finance emphasizes its stance on taxation and is establishing an information exchange system with overseas tax authorities such as the IRS. Offshore transactions on overseas platforms are also included in the taxation scope; regardless of where they are issued, as long as the economic value and rights structure essentially belong to securities, they can be subject to dividend income tax.
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