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The National Development and Reform Commission officially released the "Action Plan for the Cooperative Development of Artificial Intelligence," aimed at building an open, shared, secure, orderly, and collaboratively governed global artificial intelligence ecosystem. The plan clearly outlines eight core actions, comprehensively promoting deep international cooperation in the AI field from multiple dimensions, including data, computing power, algorithms, talent, and governance. At the foundational level of data and computing power, the action plan emphasizes the need to promote cross-border data flow and build a trustworthy cross-border data space, collaboratively constructing a high-quality corpus; at the same time, it promotes the interconnection of intelligent computing facilities, providing inclusive intelligent computing services to developing countries, and creating low-carbon intelligent computing infrastructure driven by green energy.In terms of industrial empowerment and ecological sharing, the plan encourages the co-construction of an international open-source community for artificial intelligence, promoting the sharing of general large models, basic algorithms, and tool components, and supporting countries in conducting localized innovation based on open-source models. By deepening "Artificial Intelligence +" cooperation, it aims to build a cross-national industrial cooperation platform, promoting the deep application and empowerment of AI technology in fields such as science, manufacturing, healthcare, education, agriculture, and governance. In addition, the plan also proposes the establishment of a joint training mechanism for top digital talent, collaboratively formulating occupational standards and skill certification systems, comprehensively enhancing public literacy, and jointly addressing the structural impacts of AI on employment.Regarding industry rules and technical security, the action plan advocates for the co-construction of rules and standards and collaborative governance for security. All parties will strengthen information sharing on cybersecurity threats and emergency response cooperation, researching ways to enhance the explainability, transparency, and safety of artificial intelligence. Finally, the plan emphasizes adherence to the technological ethics principle of "AI for Good," collaboratively constructing an ethical guideline system dedicated to eliminating algorithmic biases in the forms of racism, discrimination, and others. By promoting international governance cooperation in AI research, it aims to contribute public scientific products to the Global South, effectively serving the United Nations' 2030 Sustainable Development Goals.

According to Coinglass data, the Coinbase Bitcoin premium index has been in the negative premium range for 60 consecutive days (from May 19 to present), with the latest value at -0.0908%.Previously, this index was in the negative premium for 40 consecutive days from January 16 to February 24 this year, setting the record for the longest "continuous negative" period since the launch of this indicator, surpassing the approximately 30 days of continuous negative premium during the "1011 crash." Historical data shows that prolonged negative premiums are often accompanied by the exit of institutional funds from the United States, and caution is needed regarding short-term pullback pressure.

According to the Ethereum Magicians forum, developer Leo Glisic officially released Privacy Guardians 2 and announced the open-sourcing of its design. The project is positioned as a decentralized privacy payment system aimed at maximizing privacy protection for on-chain payments to combat issues such as freezing and monitoring present in centralized payment solutions (like OUSD launched by Corpo Consortium).The current V1 version includes multiple modules such as private payment mechanisms, insurance mechanisms, honeypot designs, exchange rate management, liquidity pools, and metadata processing. Glisic stated that this version is still in the early stages and has significant room for optimization in areas such as cryptographic security, incentive mechanism alignment, and capital efficiency, and he called on the community to participate in its improvement. The white paper has been simultaneously published on glisic.xyz.

According to BBX data, yesterday global traditional capital and financial consortiums intensively disclosed their latest strategies in digital asset treasury construction and Web3 ecosystem investment, with the core dynamics as follows:ORANGE JUICE launches a "real industry blood generation + coin hoarding" dual-wheel strategy: American capital company ORANGE JUICE officially announced the completion of a $40 million financing. The raised funds will be used to establish a holding company that integrates "long-term ownership, operational optimization, and Bitcoin reserves." The company plans to initially acquire stable and profitable American domestic enterprises with annual cash flows between $1 million and $10 million, and clearly stated that the business cash flows generated from these industries will be continuously reinvested for acquisitions or directly supplement its Bitcoin treasury.South Korea's KB Financial Group establishes a 100 billion won cryptocurrency special fund: South Korea's top financial giant KB Financial Group (KRX: 105560) announced the establishment of an AI and digital asset fund with a scale of 100 billion won (approximately $67.29 million). The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life under the group, and managed by KB Investment, focusing on investments in early-stage South Korean cryptocurrency companies, AI models, data reasoning, and on-chain analysis and other underlying technology companies.

According to Bits.media, Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma of Russia, stated that the second and third readings of the criminal liability bill for illegal cryptocurrency transactions will be postponed until the new State Duma is reviewed. The reason is that the Duma's spring session will end on July 27, and there will be an election recess from August to September, with the Duma election voting ending on September 20. Therefore, the review will not resume until the autumn session at the earliest.The bill completed its first reading in early July, with a maximum penalty of 7 years in prison for organizing illegal cryptocurrency circulation. The relevant penalty provisions are proposed to officially take effect on July 1, 2027. Under the current regulatory framework, Russian citizens can only buy and sell cryptocurrencies through institutions holding a license from the Central Bank of Russia, and P2P and over-the-counter transactions may face criminal liability. Aksakov denied concerns that the bill would affect cryptocurrency exchanges and P2P users, stating that the related worries are "unfounded." Meanwhile, another Russian government initiative to strengthen state control over cryptocurrencies, the "Digital Currency and Digital Rights Law," has also been postponed, with the original timelines for implementation in July and September now missed.

According to Protos, a gang in the UK disguised as police officers and created a fake police website, convincing cryptocurrency holders over the phone to transfer funds into so-called "safe accounts," stealing $5.4 million worth of cryptocurrency, and were sentenced this week. 23-year-old Hamza Bashir, 25-year-old Kevin Nwamma, and 29-year-old Anthony Ikenwe were sentenced to six years and nine months, eleven years, and eleven years in prison, respectively.The stolen funds were used to purchase luxury items, including a £60,000 car, vacation trips to Thailand and Japan, and products from brands such as Harrods, Hermès, Louis Vuitton, and Rolex. The police also discovered £500,000 in cash in a safe and determined that most of the stolen cryptocurrency had been converted into payment cards. Gang members also falsely reported their annual income, with one declaring only £444. The Metropolitan Police began investigating the gang after receiving reports from victims in January 2025.

According to Bits.media, the final version of the Russian government's cryptocurrency regulation bill includes new restrictions, proposing to prohibit non-professional investors from purchasing foreign stablecoins, a group that encompasses the vast majority of residents in the country. The bill introduces two new concepts: "foreign digital tools" and "non-deliverable foreign digital tools," with collateral-backed stablecoins categorized under the latter.Qualified investors can purchase foreign digital tools, while non-qualified investors can only buy specific assets from a special list provided by the central bank. At the end of June, the Central Bank of Russia proposed a draft regulatory framework for stablecoins, requiring all transactions to be conducted under national control and completed through exchanges or legal exchange points. Central Bank Governor Elvira Nabiullina previously expressed a "cautious attitude" towards foreign stablecoins, as their issuers can freeze assets in users' wallets.

According to a statement from the U.S. Attorney's Office for the Eastern District of New York, two Chinese citizens, Chen Zhuoying (also known as "Jolene," 27 years old, Brooklyn) and Zhang Haojie (also known as "Kevin," 38 years old, Queens), were formally charged on July 16 in federal court in Brooklyn with conspiracy to commit money laundering.According to the allegations, the two managed a money laundering network of over ten people in Queens and Brooklyn from 2020 to 2022, using approximately 45 shell companies and 140 business bank accounts to transfer at least $43 million in proceeds from "pig butchering" investment scams to accounts in China. The "pig butchering" scam contacts victims through social media or instant messaging software, gaining their trust with false high-return investment opportunities before absconding with their money. This case is being jointly investigated by Homeland Security Investigations (HSI), the FBI, IRS-CI, and the U.S. Postal Inspection Service. If convicted, both defendants face a maximum of 20 years in prison.

According to SoSoValue data, yesterday (Eastern Time July 16), the total net inflow of the SOL spot ETF was $1.6553 million. Yesterday, only the Grayscale Solana Trust (GSOL) had a net inflow, with a daily net inflow of $1.6553 million, bringing the historical total net inflow to $109 million.As of the time of writing, the total net asset value of the SOL spot ETF is $879 million, with a SOL net asset ratio of 1.99%, and the historical cumulative net inflow has reached $1.137 billion.

According to The Block, JPMorgan analysts stated that the recent increase in cash reserves and positive capital inflows into Bitcoin futures for Strategy are "encouraging signs" for Bitcoin's prospects, although the capital flow for spot Bitcoin ETFs remains unstable.Strategy's dollar reserves have increased from $2.55 billion to $3 billion, covering approximately 20 months of preferred stock dividends. JPMorgan previously indicated that if Strategy could rebuild sufficient dollar reserves to cover two to three years of dividends, it could alleviate market concerns about the possibility of being forced to sell Bitcoin in the future.Regarding ETFs, the capital flow for spot Bitcoin ETFs has been highly volatile in recent weeks, with inflows last week turning into outflows this week. In contrast, the capital flow for leveraged ETFs related to Strategy has remained stable with continuous positive inflows over the past seven weeks. Analysts believe that this buying pressure mainly comes from retail investors, which may support Strategy's stock price and prevent its common stock from falling below the net asset value of its Bitcoin holdings. Analysts noted that despite the outflows from the spot ETF this week, Bitcoin futures still recorded positive inflows, which is encouraging.

According to Jinshi News, Bernstein has raised its gold price target for 2026 to $4,533 per ounce, citing that central banks around the world are diversifying their reserves and that the Federal Reserve is expected to raise interest rates only once or twice in the next year at most.

The FATF released a report stating that criminals are increasingly using stablecoins for illegal financial activities, calling on countries to accelerate the implementation of cryptocurrency anti-money laundering standards.

The US spot Ethereum ETF saw an inflow of $96 million in the first three days of this week, with most of the funds absorbed by BlackRock's funds.The new demand from Robinhood Chain also boosted Ethereum's performance.

According to The Block, Multicoin Capital has invested $1.75 million in Trasia, completing its seed round financing. This is its first investment in the Hyperliquid ecosystem and makes it the sole investor in the startup.Trasia is built on the Hyperliquid platform and was co-founded by former Multicoin Capital partner Mable Jiang, aiming to serve Asian traders through its perpetual contract platform.

David Hoffman, co-founder of Bankless, stated that Bitcoin's current trend faces two possible paths: sideways consolidation or a final round of panic selling.He believes that Bitcoin is more likely to enter a sideways consolidation phase, with the bottom having basically appeared.

The Clarity Act will establish clear federal rules for centralized platforms, brokers, dealers, and custodians used by consumers to buy, sell, and hold digital assets, covering registration, regulation, disclosure, custody, asset segregation, market integrity, conflicts of interest, fraud prevention, and bankruptcy matters.Since the collapse of FTX nearly four years ago, many consumers have been unable to confirm the location of their assets, whether their assets are separated from platform funds, and how their assets will be handled in the event of the company's failure. Regulatory agencies, bankruptcy courts, and law enforcement agencies have since addressed these issues.

According to The Block, a federal grand jury in the United States has indicted South Dakota cryptocurrency investor Benjamin Paul Wiener on 29 counts, including telecommunications fraud, money laundering, bank fraud, and aggravated identity theft.

The Dubai cryptocurrency trading platform Quote Trade announced the completion of a $4 million financing round, which will be used to expand support for more blockchain and digital assets, strengthen liquidity partnerships, recruit engineering and trading teams, and continue building infrastructure for human traders and AI trading agents.

Injective stated that it has submitted a transfer agent registration application to the U.S. Securities and Exchange Commission. The transfer agent is responsible for maintaining the official ownership records of securities and handling transfer changes, a function typically maintained by specialized institutions off-chain in traditional markets.This application aims to migrate this core market function on-chain, allowing the tokens themselves to serve as ownership records, thereby enabling the registration and transfer of tokenized securities to be completed in seconds and reducing intermediary verification steps.

According to Fortune, global payment giant Visa is accelerating its layout of stablecoin infrastructure by launching the Visa Stablecoin Platform, which helps banks and fintech companies integrate stablecoin payment capabilities into existing payment and fund management systems.It is reported that the platform aims to provide stablecoin service support for approximately 15,000 financial institutions and over 200 million merchants globally, allowing businesses to use USD stablecoins for settlement, fund circulation, and financial management within traditional payment networks.Visa currently processes about $150 trillion in payment transactions annually and has handled stablecoin settlement business worth billions of dollars. The company hopes to further expand the application of stablecoins through the new platform. The Visa Stablecoin Platform will initially support the new stablecoin OUSD launched by the Open Standard Alliance, while continuing to be compatible with existing stablecoins supported by Visa, including USDC issued by Circle and USDG issued by Paxos.Visa believes that stablecoins are becoming an important component of future financial infrastructure, with advantages including: instant settlement, transactions that do not rely on traditional bank clearing cycles; low-cost transfers, reducing payment costs based on blockchain networks; and transparency and traceability, with on-chain transaction records providing higher verifiability. Visa has been continuously laying out its strategy in the stablecoin field. In 2020, Visa became the first global payment network to support USDC settlements; in 2025, the company launched a stablecoin settlement program to further promote stablecoins into the mainstream payment system.Meanwhile, Visa's competitors are also accelerating their entry into the stablecoin market. Mastercard recently launched a stablecoin settlement solution and collaborated with companies such as MoonPay and Paxos; American Express is also participating in the ecosystem development related to Open Standard. As traditional payment giants increasingly adopt stablecoins, stablecoins are gradually transforming from payment tools in the crypto industry to an important component of global financial infrastructure.