digital

On July 10, HSBC announced that it has completed the issuance of its first digital native structured product in Hong Kong, which is a private placement of structured notes denominated in US dollars. The notes are issued directly on the blockchain rather than being digitized after issuance. Asia-Pacific digital market infrastructure operator Marketnode acts as the tokenization agent and digital payment agent, managing the payment process between the issuer and investors.Marketnode is supported by Euroclear, HSBC, SGX Group, and Temasek. HSBC positions this transaction as a pilot project aimed at demonstrating how tokenization can improve the issuance, settlement, and ongoing servicing of products throughout their entire lifecycle. HSBC did not disclose the issuance scale, reference assets, note duration, investor identities, or the blockchain used. This issuance continues HSBC's years of efforts in the field of tokenization, having previously issued digital native bonds through the HSBC Orion platform and launched retail gold tokens in Hong Kong.

According to monitoring by Lookonchain, it is suspected that Bitmine (0x2B7...d7dC) under Tom Lee bought 20,500 ETH from Galaxy Digital again 6 hours ago, worth 35.92 million USD.

According to CoinGlass data, XAUT is currently priced at $4049.71, with a total spot trading volume of approximately $51.53 million across the network, of which the Gate platform accounts for about $10.1557 million, ranking second in the network. PAXG is currently priced at $4052.57, with a total contract trading volume of approximately $179 million across the network, of which the Gate platform accounts for about $8.3865 million, ranking third in the network. The overall trading enthusiasm for gold digital assets remains high, and Gate continues to demonstrate good liquidity and market depth in the trading market.

According to Onchain Lens monitoring, a wallet possibly belonging to Multicoin Capital appears to be selling HYPE through Galaxy Digital.167,000 HYPE (approximately $11.2 million) was routed through an intermediary wallet to Galaxy Digital's over-the-counter trading platform at around 5 o'clock.

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated on the X platform that under the supervision of the U.S. President's Digital Asset Market Working Group, the U.S. will never launch a central bank digital currency.

According to the official website of the Ministry of Artificial Intelligence and Digital Development of Kazakhstan, the President of Kazakhstan signed the decree "On Measures to Stimulate and Develop the Digital Asset Industry of the Republic of Kazakhstan" on July 8, 2026, aimed at building a modern and transparent digital financial services ecosystem.The core content of the decree covers four major directions: First, to promote the modernization of payment infrastructure and develop mechanisms that support digital assets and stablecoins for cross-border settlement; Second, to encourage the inclusion of cryptocurrency trading within a regulated legal framework, allowing digital assets previously held on unregulated platforms abroad to be voluntarily disclosed and transferred to domestic licensed service providers; Third, to introduce tax incentive policies, exempting personal income tax on profits from digital asset trading conducted through Kazakhstan's regulated infrastructure; Fourth, to allow associated gas from oil and gas fields to be used for self-generated power and allocated to digital mining, to promote regional investment and efficient energy utilization.In addition, the decree also clarifies the development direction of tokenized financial instruments and national trading infrastructure.

According to DigitalAsset, Upbit operator Dunamu has been selected as the first priority candidate for the "Management of Seized Digital Asset Custody Business" by the Korean National Police Agency. According to data from the Korean government procurement portal (KONEPS), Dunamu ranked first with a comprehensive score of 94.73 (technical score 84.73, bid price score 10), surpassing the Korea Digital Asset Custody Company (KDAC, 91.29) and Hecto Wallet One (87.27).The project budget is 267 million won, with a contract period of 1 year, aimed at entrusting the digital assets seized by the police during investigations to external professional institutions for secure custody. Previously, there were cases in the Korean judicial system where seized bitcoins were lost, raising concerns about the need for external custody of digital assets.

Vanguard Group's recruitment information shows that it is hiring a Head of Digital Assets for its Personal Wealth business. The job requirements include over 10 years of relevant experience, a deep understanding of digital assets (tokenization, stablecoins, custody, settlement, etc.), and the ability to innovate and manage risks within a regulatory environment.This position will be responsible for developing Vanguard's strategy, roadmap, and execution in the digital asset space, including assessing digital asset capabilities, product development, operational models, and cross-functional collaboration with departments such as product, technology, operations, risk, legal, and compliance. Additionally, it will represent Vanguard in external communications with industry participants, regulatory agencies, and clients.It is reported that Vanguard has allowed brokerage clients to trade crypto ETFs and mutual funds since last December, but the company has clearly stated that it has no plans to issue its own crypto investment products, believing that digital assets are still inconsistent with its long-term investment philosophy.

According to Darcy, co-founder of FlashRescue, approximately $22 million in illicit funds flowed into the cryptocurrency exchange HitBTC in 2026. He pointed out that during two instances of cooperating with police investigations, HitBTC refused to assist in the verification process, and multiple on-chain investigators reported that this is a consistent practice of the platform.He mentioned that in the Bybit theft case, as much as $3.68 million from a money laundering network linked to the DPRK (North Korea) flowed into HitBTC, but the platform also did not cooperate with relevant authorities for further investigation.

According to Onchain Lens monitoring, the Nasdaq-listed company Empery Digital has increased its holdings by 200 bitcoins (worth $12.84 million).In the past 6 days, the company has cumulatively increased its holdings by 1,200 BTC (worth $72.65 million).

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.11%, the S&P 500 index up 0.32%, and the Nasdaq up 0.78%. Chip stocks rose collectively, with SanDisk (SNDK.O) up 4% and Western Digital (WDC.O) up over 5%. Broadcom (AVGO.O) rose 3.5%, as the company's cooperation agreement with Apple was extended to 2031.

Michael Saylor stated on the X platform that Strategy has sold 3,588 bitcoins, cashing out $216 million to pay dividends on its digital credit securities. As of July 5, the company's bitcoin reserves have decreased to 843,775 coins, while holding a dollar reserve of $2.55 billion.This is the second public disclosure of a reduction operation by Strategy this year, following the sale of 32 BTC to cover preferred stock dividends from May 26 to 31, and the scale has significantly expanded, reflecting the company's increased reliance on selling part of its bitcoin reserves to maintain its dividend obligations amid pressure on bitcoin prices and growing unrealized losses.

Crypto journalist Eleanor Terrett posted on the X platform that after the release of President Trump's financial disclosure documents, Senator Gillibrand once again called for advancing ethical reforms to prohibit the president, congressional members, and their spouses from issuing or sponsoring digital assets.The financial disclosure documents show that President Trump earned over $600 million from his Solana Meme coin in 2025. At the time of this announcement, Senator Gillibrand's long-standing position advocating for stronger ethical rules came under more scrutiny, as reports emerged that her son had raised funds to launch a cryptocurrency derivatives exchange.

The New Hampshire House Bill HB639 has completed the registration process. The bill specifies that state and local governments may not restrict individuals from using digital assets for payments or holding assets through self-custody wallets, nor may they impose additional taxes solely for the use of digital assets.At the same time, individuals or businesses operating nodes, engaging in mining or staking activities, are not required to obtain a money transmission license, and such activities are not considered the issuance or sale of securities.

According to Cointelegraph, Elvira Nabiullina, the Governor of the Central Bank of Russia, confirmed that the digital ruble will be launched as scheduled on September 1, and everything is "ready." The digital ruble will serve as a supplement to the Russian fiat ruble and will initially be accepted by financial and credit institutions. The development of this CBDC began in 2021, and the European Union has implemented preemptive sanctions on the digital ruble effective April 2025 in response to Russia's war against Ukraine. Vladimir Chistyukhin, the First Deputy Governor of the Central Bank of Russia, stated that the laws related to the digital ruble will take effect on September 1, with a transition period until July 2027.In contrast, the U.S. housing bill containing a CBDC ban has been submitted to Trump, and if the president does not sign it within 10 days, it will automatically take effect, with the ban lasting until 2030.

According to The Block, crypto bank Anchorage Digital announced that it has integrated Lido, the largest liquid staking protocol for Ethereum, providing institutional clients with direct access to its derivative asset wstETH.Institutional users can mint and burn wstETH, while earning Ethereum staking rewards, combined with the custody and governance compliance framework provided by Anchorage.

According to CoinGlass data, XAUT is currently priced at $4061.57, with a 24-hour increase of 2.2%, and the total spot trading volume across the network is approximately $70.5543 million. Among them, the spot trading volume of XAUT on the Gate platform is about $12.4696 million, ranking second in the network.PAXG is currently priced at $4064.11, with a 24-hour increase of 2.18%, and the total spot trading volume across the network is approximately $27.3992 million, of which the spot trading volume of PAXG on the Gate platform is about $1.2689 million, ranking third in the network.

According to Bitcoin News, Bitcoin mining company Ionic Digital has disclosed that it has completed a $400 million private placement financing. Financial data shows that the company achieved revenue of $51.4 million in the first quarter of this year, with the digital infrastructure leasing (AI/HPC) business contributing $44 million, surpassing the revenue from Bitcoin mining for the first time.