digital

According to Report.az, the government of Kazakhstan has approved the "Strategic Digital Mining Implementation Rules," allowing enterprises to obtain electricity quotas from power generation institutions at a capped price over the next 10 years.In exchange, the relevant enterprises are required to transfer a portion of the mined cryptocurrency into the Astana Hub Autonomous Cluster Fund, which will then be managed in trust by the National Investment Company under the National Bank of Kazakhstan to supplement the national strategic cryptocurrency reserves.

According to BBX data, yesterday the global digital infrastructure and cryptocurrency reserve companies welcomed significant developments in capital operations, technology security, and treasury clearing. The core content is as follows:Satsuma shareholders overwhelmingly approved the liquidation of Bitcoin and delisting: Shareholders of Satsuma Technology, the second-largest publicly listed Bitcoin reserve company in the UK, voted with a high approval rate of 90% to approve the sale of all 668 BTC (fair value approximately $43.5 million), return capital to investors, and delist from the London Stock Exchange (LSE). According to the timeline, the company is expected to cancel its listing on September 14, 2026, with fund clearing and CREST transfers to be completed by September 28. The company's Bitcoin treasury strategy lasted less than a year, and its stock price has fallen over 99% from its peak.Ionic Digital received SEC approval for direct listing on July 28: Digital infrastructure company Ionic Digital officially announced that its S-1 registration statement has been formally approved by the U.S. SEC and is expected to begin trading its Class A common stock on the Nasdaq Global Select Market on July 28, with the stock ticker "IOND." This listing will adopt a direct listing model, and the company will not publicly offer any new shares. Ionic Digital's core business focuses on providing next-generation data center solutions for AI and high-performance computing (HPC).Galaxy launches a $5 million "Bitcoin Quantum Readiness Initiative": Digital asset giant Galaxy announced the launch of the "Bitcoin Quantum Readiness Initiative," intending to invest up to $5 million in developer funding to promote the evolution of the Bitcoin network towards quantum attack resistance. The initiative consists of three core components: first, funding the development of post-quantum cryptography (PQC) solutions; second, conducting specialized research on quantum computing and network security by Galaxy Research; third, forming an expert advisory committee to advance academic discussions on the underlying roadmap.

According to monitoring by Lookonchain, a mysterious whale bought 27,000 ETH ($52.03 million) through over-the-counter trading with Galaxy Digital 4 hours ago after being silent for 3 months.

Fox Business crypto reporter posted on the X platform stating that the bill outlines the rules for handling digital assets in the event of bankruptcy of exchanges or custodians.The bill helps ensure that customer assets receive the same protection as traditional financial assets and remain the property of the customers, rather than becoming part of the company's bankruptcy estate. This could help prevent a situation similar to FTX from occurring again.

According to Onchain Lens monitoring, a newly created wallet withdrew 74,900 HYPE from Galaxy Digital, worth approximately 4.39 million USD, and transferred it to Coinbase, suspected to be for sale.

Cryptocurrency financial services company Galaxy Digital announced the establishment of a $5 million Bitcoin Quantum Readiness Initiative, funding developers to research solutions to address future quantum computing threats. The program is open for applications starting today, with funding directions including quantum-resistant signature algorithms, wallet migration tools, and security audits.Galaxy stated that it hopes to attract more institutions to jointly invest and research, accelerating Bitcoin's transition to quantum-resistant cryptography. According to CryptoQuant data, if future quantum computers have the capability to crack Bitcoin's existing cryptographic algorithms, approximately 6.9 million BTC (equivalent to about $46.1 billion at current prices) may face the risk of theft. Although the industry generally believes that quantum computing does not pose an immediate threat to the Bitcoin network, related preparations should be initiated as early as possible due to the need for long-term collaboration among developers, wallets, exchanges, and users for protocol upgrades.

The important event in the field of financial technology and digital assets in Asia------Wiki Finance EXPO Hong Kong 2026 will be held in Hong Kong from July 23 to 24, 2026. This event will bring together global financial technology companies, digital asset platforms, and industry participants to discuss the development trends of financial technology and the construction of the digital asset ecosystem.As a stablecoin-driven global payment infrastructure platform, WasabiCard will participate in this exhibition to engage in in-depth exchanges with global partners and share innovative practices and implementation experiences of stablecoin payments in the globalization of enterprises.WasabiCard is committed to significantly enhancing global settlement and payment efficiency for enterprises through its core capabilities of global card issuance, stablecoin payments, cross-border fund distribution, and global remittance. Currently, the platform's services cover over 200 countries and regions worldwide, supporting more than 30 mainstream currencies; at the same time, it integrates a full-process compliance risk control system including KYB, KYC, KYT, and AML to build a safe, reliable, and efficient global funding chain for enterprises.Participating in Wiki Finance EXPO Hong Kong 2026 is not only an important opportunity for WasabiCard to engage in in-depth exchanges with global financial technology and digital asset industry partners but also an important opportunity to further expand global ecological cooperation and enhance brand influence. In the future, WasabiCard will continue to promote innovation in stablecoin payment infrastructure and explore new trends in the development of the global payment system together with industry partners.

The cryptocurrency lobbying organization TDC has filed a lawsuit seeking to block the enforcement of the Illinois Digital Asset Tax Act.This tax applies to any company headquartered in Illinois or operating in the state that provides digital asset services in the state.

According to Theenergymag, Bitcoin mining company Ionic Digital expects its stock to begin trading on the Nasdaq Global Select Market on July 28, after the U.S. Securities and Exchange Commission (SEC) announced that its registration statement has officially taken effect, clearing the last major regulatory hurdle for the company's long-term listing plan.According to the statement released by the company, Ionic's stock ticker will be "IOND." Ionic has chosen a direct listing instead of a traditional initial public offering (IPO), which means the company will not issue new shares and will not receive financing proceeds from this transaction. Instead, existing registered shareholders will be able to sell their shares on the open market.Ionic was initially established to take over the Bitcoin mining assets from Celsius's legacy, and the company later began to transform itself, positioning itself as a broader digital infrastructure company that provides services for artificial intelligence (AI) and high-performance computing (HPC) workloads.Earlier this month, Ionic filed its Form S-1 registration statement for the first time. Before the listing, the company had raised approximately $400 million to support data center construction and to drive the business transition from Bitcoin mining to a broader digital infrastructure sector.

According to a report by businesswire, the stablecoin and digital asset financial infrastructure service provider Cordant announced the completion of an $8 million seed round financing, led by Motive Partners and Oak HC/FT, with participation from Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new funds will support its introduction of new payment networks and AI automation tools.Cordant is collaborating with financial institutions on product co-development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Among them, the Latin American digital asset and payment platform Bitso and the blockchain infrastructure company Paxos are both participating as investors and design partners.

According to Decrypt, Galaxy Digital has officially launched the "Bitcoin Quantum Readiness Program," which has three core pillars: providing up to $5 million in post-quantum cryptography research grants to developers, publishing special research reports through Galaxy Research, and establishing a quantum advisory committee composed of scholars from several top universities.The program aims at "Q-Day"—the critical moment when quantum computers use Shor's algorithm to break Bitcoin's elliptic curve encryption, forge signatures, and steal wallet assets. Project Eleven predicts that quantum computers capable of cryptographic threats may appear as early as 2030, at which point approximately 6.9 million BTC will be at risk of exposure.The Coinbase Quantum Advisory Committee has also called for developers to immediately begin migration efforts. Meanwhile, Trump has signed an executive order setting the deadline for the U.S. federal government to complete its post-quantum cryptography migration by December 2031.

According to The Block, the UK Parliament's All-Party Group on Digital Assets has launched an investigation into the access to banking services for the local cryptocurrency industry.This investigation will focus on examining the difficulties faced by cryptocurrency companies in opening and maintaining bank accounts, as well as the relevant circumstances regarding banks imposing restrictions on cryptocurrency transactions.

According to South Korean media Maeil Business, data from the Financial Supervisory Service of Korea shows that during the first phase of the CBDC pilot project led by the Bank of Korea, financial authorities did not conduct any independent security verification, and only the participating banks conducted their own pre-security reviews.Before the project launched, only an IT vulnerability self-assessment was conducted for the participating banks, executed by the Financial Security Institute, SK Shields, and self-inspection teams from Woori Bank and NongHyup Bank, forming an evaluation model of "self-check by the regulated entities." The central bank acknowledged external doubts about the security of the deposit tokens in the pilot result report and responded that the pre-review was sufficient, but critics pointed out that this explanation was a self-assessment and not an independent third-party verification.

According to Edaily, the South Korean government will hold a forum hosted by Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok to officially launch the legislative discussion on the "Basic Law on Digital Assets (Phase Two)," focusing on the regulation of stablecoins. This forum is the first stablecoin legislative forum organized and hosted by the government. The South Korean government and the ruling Democratic Party plan to push for the passage of the bill within this year.In the economic growth strategy announced on July 14, 2026, the authorities stated that they plan to advance the legislation of the "Basic Law on Digital Assets" in the second half of the year, segment the digital asset industry, establish a regulatory framework for business conduct, and lay a legal foundation for the regulation of stablecoins.

According to The Block, Bank of America has appointed Sonali Theisen as the head of its global digital asset platform and Kevin Milsom as the head of AI transformation to drive the development of digital asset and artificial intelligence strategies.Sonali Theisen will be responsible for the design, development, expansion, and governance of the bank's digital asset platform, while continuing to serve as the head of electronic trading and strategic investments for fixed income, foreign exchange, and commodities (FICC) business. Her focus will include promoting the integration of blockchain products into Bank of America's existing financial market infrastructure and collaborating with the digital asset transformation head Adam Dixon to advance tokenized deposits, stablecoins, digital collateral circulation, cryptocurrency trading settlement, and custody services.Kevin Milsom will be responsible for promoting the application of AI in Bank of America's global markets platform. Reports indicate that this move continues the trend of Wall Street financial institutions accelerating their layout in digital assets and AI. Previously, Vanguard had initiated the recruitment of its first head of digital assets, and Morgan Stanley appointed Amy Oldenburg earlier this year to lead digital asset strategy to promote the integration of crypto assets and asset tokenization with traditional financial infrastructure.

According to Onchain Lens monitoring, a certain whale sold 30,000 ETH through Galaxy Digital OTC, exchanging it for 55 million USDC, and then deposited the funds into Coinbase.

According to Onchain Lens monitoring, a wallet suspected to be related to Lombard Finance (bc1qg...cnx3n) sent 750 BTC to Galaxy Digital, worth approximately 47.8 million USD, possibly related to OTC trading.

HSBC has received approval from the Bank of England to operate in the UK's Digital Securities Sandbox (DSS), and its digital asset platform HSBC Orion will support the issuance, servicing, and settlement of digital securities. HSBC stated that HSBC Orion will operate as a digital securities custodian in the DSS and claimed to be the first company approved by the Bank of England to launch in this sandbox.The platform will support the issuance of native digital bonds, including the Digital Gilt Instrument (DIGIT) and corporate bonds planned for launch in the UK. HSBC stated that HSBC Orion has facilitated over $5 billion in digital bond issuances globally. The UK Treasury indicated that the first DIGIT transaction is expected to take place in the first quarter of 2027, and HSBC has signed a memorandum of understanding with the London Stock Exchange Group to develop connectivity capabilities to support investor participation in pilot issuances.

According to Etoday, the South Korean Democratic Party stated that it will restart the special task force on digital assets after completing adjustments to its internal leadership and plans to propose the "Basic Law on Digital Assets" in September, aiming to complete legislation within the year. Democratic Party member Park Min-kyu mentioned that the content of the bill and the submission time will be coordinated by the National Assembly, the presidential office, and relevant departments, with discussions expected to start as early as early September.In addition to clarifying the issuers of stablecoins, it is also necessary to improve the supporting systems for market structure, security, and regulation, and to establish a localized digital asset system that aligns with South Korea's financial regulatory environment. Furthermore, Democratic Party member Min Byeong-deok suggested developing the Korean won stablecoin as a payment and settlement tool to support the overseas development of Korean culture, business, tourism, and manufacturing.