區塊客

Author: Max, Encrypted City
The U.S. and the U.K. issue 10-point roadmaps focusing on tokenization and stablecoins
The U.S. Department of the Treasury and the U.K. Department of the Treasury jointly released on July 14 a set of recommendations from the Transatlantic Financial Markets Future Workstream. The proposal presents a 10-point regulatory coordination roadmap aimed at reducing institutional frictions when tokenized assets, stablecoins, and digital financial market instruments circulate between the two major financial centers of the United States and the United Kingdom. The document covers digital assets and traditional capital markets, with a focus on tokenized securities, cross-border stablecoin activities, digital money, the use of collateral, cross-border fundraising, oversight of derivatives, accounting standards, and market data transparency.

Author: Max, crypto city
Vitalik calls out X, hoping it becomes an AI governance coordination platform
Ethereum co-founder Vitalik Buterin posted on X on July 11, publicly offering suggestions to Elon Musk, hoping X could be transformed into a global AI governance coordination platform so that ordinary users could also participate in discussions about AI development directions, risk boundaries, and public decision-making. The remarks quickly sparked debate in crypto and AI communities. A key reason is that Vitalik did not focus on a single regulatory body; instead, he advocates for an open platform, public discussion, and verifiable tools that would allow more people to influence major decisions affecting AI’s future.

By Ariel, Crypto City
SBI and Ondo officially partner up, a key step forward for tokenizing Japanese stocks
Japanese financial giant SBI Holdings announced on July 16 that it has entered into a strategic partnership with U.S. RWA tokenization platform Ondo Finance. The two sides plan to tokenize assets such as Japanese stocks, integrate Ondo’s on-chain platform, and distribute Ondo’s tokenized products within SBI’s ecosystem.
Ondo Finance said the purpose of this collaboration is to connect one of the world’s most mature capital markets with the tokenized economy. New CEO Ian De Bode noted that Japan has a large-scale and mature capital market, and that the SBI Group is positioned at its core; this partnership will open a pathway for taking Japanese assets on-chain.

Author: Fenrir, Crypto City
Volvo tests a proprietary token, targeting the supplier payment process
Volvo Group has recently confirmed that it tested a proprietary cryptocurrency in an internal blockchain project, aiming to simplify transaction processes between the company and its suppliers. The test was revealed in an interview at the Cardano Foundation by Ivan Branco, Volvo Group’s Head of IT, AI and Analytics, and the experimental scenario focuses on a permissioned blockchain environment. Participants include Volvo, material suppliers, and transport suppliers.
This round of testing by Volvo is for internal exploration. It has not launched a publicly traded token, nor has it announced entry into the public cryptocurrency market. The proprietary digital asset is mainly intended for internal use within a closed network, helping different supply-chain participants complete transactions and synchronize records. The company has not yet disclosed details of the token’s technical design, the blockchain network being used, whether it involves the transfer of real economic value, or released a comprehensive deployment timeline.

By: Nancy, PANews
Recently, it was reported that the payments unicorn Stripe has teamed up with private equity giant Advent International, planning to “acquire and absorb” the former payments giant PayPal for USD 53 billion. After the news was made public, PayPal’s share price jumped by nearly 17.2%.
This M&A rumor, which could potentially reshape the global payments landscape, surfaced months ago. However, to date, PayPal has still not officially responded, and both sides have not entered substantive talks.
To buy PayPal for USD 53 billion, Stripe has not yet knocked on the door of negotiations
On July 15, Reuters cited insiders as saying that Stripe and Advent International have jointly submitted an acquisition offer to PayPal, priced at USD 60.5 per share, corresponding to a total valuation of more than USD 53 billion. This represents a certain premium over PayPal’s current share price of about USD 55.5.

The investment management firm that manages $1.9 trillion in assets — "T. Rowe Price" — has officially brought to market the industry’s first crypto spot ETF featuring "active management" and "multi-coin coverage."
This fund, named "Prudence Active Encryption Cryptocurrency ETF" (trading symbol: TKNZ), was officially listed and began trading on Thursday. Unlike crypto ETFs in the market that bet on a single coin, TKNZ allows investors to directly gain exposure to a diversified portfolio of cryptocurrencies. It not only covers Bitcoin and Ethereum, but also includes assets such as Binance Coin (BNB), XRP, Solana (SOL), and Hyperliquid (HYPE).

Global payments giant Visa is accelerating its deployment in the stablecoin market. On Thursday, Visa announced the launch of the “Visa Stablecoin Platform (VSP),” which will help banks, fintech companies, and cryptocurrency businesses rapidly roll out stablecoin services. The first wave supports Open USD (OUSD), putting greater competitive pressure on USDC issuer Circle.
As stablecoins gradually become an important part of the global payments infrastructure, Visa is also continuing to deepen its blockchain payments strategy, hoping to further connect traditional finance with the digital asset ecosystem.
According to the announcement, the “Visa Stablecoin Platform” is an enterprise-grade infrastructure package focused on a “one-stop” experience. Going forward, institutional clients will only need to use the system centrally managed by Visa to easily complete stablecoin issuance, custody, transfers, and redemptions. The platform’s first wave of support is OpenUSD (OUSD) launched by Open Standard, and it comes with built-in token minting and redemption tools, as well as wallet infrastructure for managing on-chain assets.

Traditional financial giants make a major foray into the crypto space—here’s another deal to add! On Thursday, the cryptocurrency exchange Crypto.com announced that it had received a strategic investment of $400 million from Wall Street market maker Citadel Securities. The company’s valuation has surged to $20 billion in one move, marking Crypto.com’s first time in nearly 10 years to bring in institutional capital.
This investment comes as traditional financial institutions accelerate their push into digital assets, while tokenized assets are also gradually becoming a new battleground that the industry is vying for.
Crypto.com, headquartered in Singapore, said the new funding will be used to speed up the expansion of tokenized securities, financial derivatives, and other businesses. The goal is to perfectly bridge the gap between traditional financial markets and the digital asset market through trading infrastructure that operates 24/7, year-round.

JPMorgan’s analysis team recently issued a bullish outlook, saying that despite the recent wild swings in flows into and out of Bitcoin spot ETFs, large Bitcoin holders under Strategy have significantly expanded their U.S. cash reserves. In addition, the Bitcoin futures market has seen an influx of funds, and promising “encouraging signals” have emerged for Bitcoin’s outlook.
An analysis team led by Nikolaos Panigirtzoglou, managing director at JPMorgan, said on Wednesday that over the past few weeks, Bitcoin spot ETF flows have alternated between inflows and outflows, with fairly significant volatility. By contrast, among leveraged ETFs tied to Strategy, net inflows have been consistently maintained over the past seven weeks, with a relatively stable trend.

Former crypto golden boy of the coin world and founder of the cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), applied to the Trump administration for a pardon in early June this year in an attempt to avoid 25 years in prison. In response, on Wednesday (15th), the U.S. Senate unanimously passed a resolution strongly opposing a pardon for SBF.
The resolution was jointly proposed by Democratic Senator Ruben Gallego (Arizona) and Republican Senator Cynthia Lummis (Wyoming). Both are also bipartisan representatives in negotiations over a cryptocurrency regulatory bill, the Digital Assets Markets Clarity Act (Clarity Act).

Morgan Stanley continues to expand its digital asset footprint. On Thursday, it announced that its brokerage platform, E*TRADE, has officially launched spot cryptocurrency trading services. Through a partnership with digital asset infrastructure provider Zero Hash, eligible customers can now buy, sell, and hold Bitcoin, Ether (ETH), and Solana (SOL) directly on the platform.
According to the announcement released on Thursday, E*TRADE users can view their stock, ETF, and cryptocurrency asset allocations synchronously within the same investment interface. However, the cryptocurrency assets are actually custodied by Zero Hash accounts connected to E*TRADE, rather than being directly held by Morgan Stanley.

Author: Jae, PANews
As the tide recedes, Avalanche has nevertheless built a bridgehead in the deep waters of RWA (real-world assets).
In July 2026, the crypto market remains chilled; the AVAX token price continues to come under pressure, and market sentiment has nearly fallen to rock bottom.
However, on-chain data paints a completely different picture. According to statistics from RWA.xyz, the value of tokenized assets on Avalanche has risen to $2.1 billion, representing a monthly increase of over 60%—placing it among the top five public chains in the RWA sector.
Behind this out-of-turn growth is not only Avalanche’s quiet, persistent cultivation in the tokenization space, but also the result of global industry giants “voting with their feet.” The story of asset tokenization going on-chain is happening more intensively on Avalanche, with an even faster acceleration.

Author: Kurumi, Crypto City
Satoshi Nakamoto’s old post resurfaced again, putting the “market monopoly” theory in the spotlight
As Bitcoin saw a major pullback in 2026, the community once again dug up a statement Satoshi Nakamoto made on BitcoinTalk 16 years earlier. On July 9, 2010, a user raised a question: if an attacker with substantial funds bought all the Bitcoins, would it be possible to destroy the Bitcoin system?
In response to this, Satoshi Nakamoto said that this kind of behavior is known as a “monopoly market” in traditional markets. But for truly scarce assets, the more aggressively buyers absorb the available supply, the faster the price rises—and the later purchasing costs also become increasingly higher.

The largest physical cryptocurrency exchange in Taiwan, “Bitshine (Coin Think Technology),” is suspected of colluding with a fraud syndicate. Through more than 40 physical locations nationwide, it allegedly assisted the fraud group in collecting victims’ cash, creating breaks in the cash flow. At least 1,539 people were victimized, with financial losses exceeding NT$1.275 billion, and the total amount laundered reached more than NT$2.3 billion. The Shilin District Court handed down a first-instance verdict today (16). The main suspect surnamed Shih was sentenced to 22 years in prison and had more than NT$43.71 million in criminal proceeds confiscated.
According to the prosecution’s indictment, after Chen first acquired the “shell” of currency think technology that had been registered with the Financial Supervisory Commission for money laundering prevention, he then, together with his accomplices, set up more than 40 franchise outlets in 14 counties and cities across Taiwan. The outlets sold USDT to the public; franchisees had to pay at least millions of yuan in franchise fees and deposits, and then collected customers’ cash through “cash-in machines” installed at the stores. After the head office purchased USDT overseas, it was distributed to each outlet for sale.

On-chain data shows that an “ancient giant whale” that had been dormant for as long as 8 years suddenly awakened earlier today (16th), transferring 5,908 BTC in one go, worth up to $382.7 million. Since large fund movements are often seen by the market as a potential sell-pressure signal, the transfer quickly drew investors’ attention.
Citing Arkham data referenced by Lookonchain, the veteran wallet that began with “138EM…ReyiT” transferred all 5,908 BTC to a brand-new address at around 8:15 this morning. As of now, these bitcoins remain in the receiving address and there have been no signs of any further transfers.

The latest U.S. inflation data cooled off, driving market expectations for faster Fed rate hikes to cool quickly as well. Bitcoin briefly surged to within striking distance of the $65,000 mark. However, on-chain data shows that when price rises are fueled by positive catalysts, both groups of investors simultaneously engage in “selling into strength.” Clear sell pressure has built up above the market, adding uncertainty about whether this rebound can continue.
According to on-chain analytics platform Glassnode, long-term holders and short-term holders are both selling off Bitcoin at the same time. The former are cutting losses and exiting, while the latter are cashing out profits—creating a rare “double sell pressure.”

According to a report by NHK, Japan’s House of Councillors passed an amendment to the (Financial Instruments and Exchange Act) on Wednesday, completing the legislative process in both chambers. This marks the move to include cryptocurrencies within the scope of “financial instruments.” It also lays the groundwork for lowering cryptocurrency tax rates and promoting spot cryptocurrency ETFs, and is seen as an important milestone in Japan’s cryptocurrency regulatory system reform.
In the past, Japan mainly regulated cryptocurrencies as “payment instruments” under the (Payment Services Act). With the passage of this amendment, cryptocurrencies will obtain the same status as stocks and bonds as financial products and will be regulated under the (Financial Instruments and Exchange Act).

Bitmine Immersion Technologies, which has shifted from bitcoin mining to Ethereum staking, is now reaping fruitful results. According to the latest quarterly financial report as of May 31, staking and node validation services have risen to become the company’s main revenue driver, contributing as much as $45.7 million in a single quarter and accounting for 98% of total revenue.
According to Bitmine’s 10-Q quarterly report filed with the U.S. SEC on Tuesday, the company’s total revenue for the quarter reached $46.5 million, a significant increase of $2.05 million compared with the same period last year.
Looking back at the same period last year, Bitmine’s revenue lifeline still depended on mining rig leasing and bitcoin mining. However, after the company completed its acquisition of Ethereum validating node operator Pier Two and, in the same move, launched its own platform, MAVAN, Bitmine officially entered the institutional-grade Ethereum staking market, completing a striking turnaround.

Strategy, the publicly listed company that holds the most Bitcoin, recently issued reassurance to the market. CEO Phong Le said that unless Bitcoin crashes into the $8,000 to $10,000 range, the company has absolutely no reason to panic.
In an interview with Bloomberg Television on Tuesday, Phong Le said that Strategy has put in place a capital structure capable of handling market volatility, and only when Bitcoin falls to $8,000 to $10,000 would the company need to reassess risks related to its debt.
Based on the current price of about $64,500, this means Bitcoin would need to drop by roughly 85% more. Phong Le said:

Author: Kurumi, Crypto City
Empery Digital sells half of its bitcoins, cashing out about $87 million
According to reports by Decrypt and CoinDesk, Empery Digital, a Bitcoin reserve company listed on the Nasdaq (stock ticker: EMPD), has disclosed in documents recently filed with the U.S. Securities and Exchange Commission that it has been gradually selling 1,400 bitcoins starting May 7, 2026. The average price per bitcoin is about $62,200, for total proceeds of approximately $87.1 million. The reduction in reserves has nearly halved.
Regarding the use of funds, $10 million was used on July 7 to repay debt, while the remaining funds will cover the previously announced real estate acquisition (to be converted into an AI data center) and pay legal fees incurred from shareholder litigation, as well as working capital.