JCB signed an MOU with Circle to test payments using USDC, which has about $73 billion in circulating supply. The proof-of-concept will focus on JCB internal cross-border fund transfers. The companies provided no timeline for commercial deployment.
US and UK Release Digital Asset Roadmap Supporting Stablecoins
The US Department of the Treasury and the UK's HM Treasury published joint digital asset recommendations on July 14. The recommendations support fully backed regulated stablecoins and shared approaches for tokenized assets. Fed Chair Kevin Warsh said the Fed is racing to meet a July 18 rulemaking deadline tied to the GENIUS Act.
DB Securities Signs MOU With Optimism on Token Securities
DB Securities signed an MOU with the Optimism Foundation to build a token securities and RWA business framework. The partnership will focus on STO and RWA projects tied to South Korea's Jeju region. Their first joint initiative will develop a platform for tokenizing smart farms, livestock, and K-content intellectual property.
SBI Global Asset Management announced a partnership with Singapore-based DigiFT to offer an on-chain listed stock management strategy on Solana. The strategy is called JX.
SK Hynix stock rallied 27% on Tuesday while the stock was less than a week old. Goldman Sachs, JPMorgan, and Wells Fargo have not issued price targets yet.
U.S. June CPI came in below expectations, and U.S. Treasury yields rose during Asian trading on Wednesday. Treasury yields remained below Tuesday's intraday highs. Jamie Cox said the recent inflation uptick is mainly tied to rising energy prices and will not be long-lasting.
South Korea's Ministry of Economy and Finance is drafting a Basic Asset Management Act for state assets, including cryptocurrencies. The proposal targets new asset categories under state asset management rules.
The Coinbase Bitcoin Premium Index stayed negative for 50 consecutive days as of July 7-8, 2026. The latest reading was approximately -0.0742%, showing Bitcoin traded lower on Coinbase than on Binance. US spot Bitcoin ETFs have seen about $6 billion in net outflows year-to-date.
CXMT's pre-market valuation on Hyperliquid reached $540 billion, surpassing Tencent. A whale holding $75.4 million in assets opened a 5x leveraged long position on 20,000 CXMT tokens.
ASML reported second-quarter revenue of €9.33 billion, above the LSEG median analyst forecast of €8.80 billion. Net profit reached €2.92 billion, above the market expectation of €2.62 billion. Demand from artificial intelligence chip makers offset uncertainty around China sales.
Korean National Tax Service Prepares 2027 Virtual Asset Tax Plan
The Korean National Tax Service is preparing for virtual asset taxation in 2027. The preparations include a new comprehensive digital asset division and a comprehensive virtual asset analysis system. A petition with 50,000 signatures seeking tax abolition has not reached the congressional agenda.
European Central Bank Governing Council member Kocher said the ECB will take necessary measures to bring medium-term inflation back to 2%. Kocher said the ECB is ready to take monetary policy action if needed.
Kalshi Faces Conflicting CFTC and Michigan Orders Over Trades
Kalshi said conflicting CFTC and Michigan orders placed it in an impossible position as nearly two dozen state regulators dispute prediction market jurisdiction. The CFTC told Kalshi on Tuesday not to cancel trades in Michigan. A June 29 Ingham County Circuit Court order required Kalshi to stop offering sports betting contracts to Michigan users while a state lawsuit plays out. Kalshi said it had already unwound the trades under the Michigan court order.
BitMine posted $46.5 million in quarterly revenue, a 22x increase from a year earlier. A $9.1 billion nine-month net loss came almost entirely from an unrealized markdown on digital assets. Staking and validation revenue reached $45.7 million, or about 98% of total revenue.
Aave Adopts Chainlink CCIP for Cross-Chain Infrastructure
Aave selected Chainlink CCIP as its standard for cross-chain infrastructure. CCIP currently handles cross-chain GHO transfers and multi-chain governance execution through the Aave Delivery Infrastructure. Aave plans to use CCIP for Stable Vault functions across Ethereum, Base, and Arbitrum.
South Korea's crypto tax repeal petition with more than 50,000 signatures has stalled in the National Assembly. The National Tax Service is creating a dedicated team and building a transaction analysis system before next year's planned cryptocurrency tax implementation.
Die IRGC behauptete, sie habe mehrere US-amerikanische Militäranlagen in Kuwait zerstört. Zu den angeblichen Zielen gehörten ein Satellitenkommunikationszentrum, Luftverteidigungssysteme, Logistikeinrichtungen und HIMARS-Startanlagen.
TeraWulf Drops 7% After New York Pauses Data Center Permits
TeraWulf shares fell 7.08% after New York Governor Kathy Hochul signed an executive order pausing new large-scale data center permits. The pause can last up to one year while the Department of Public Service builds a Generic Environmental Impact Statement framework. TeraWulf said Lake Hawkeye planning remains unaffected and Lake Mariner is already operational.
Bitcoin rose 3.6% to near $64,800 after U.S. inflation cooled more than expected. June headline inflation slowed to 3.5%, and core inflation eased to 2.6%. Implied odds of a near-term Federal Reserve rate increase fell from 43% to 13%.