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According to Jinshi reports, Bank of Japan Governor Kazuo Ueda stated that the Bank of Japan is expected to continue raising interest rates and will adjust the intensity of its easing policy based on economic, price, and financial conditions.

According to Jinshi reports, Bank of Japan Policy Board member Takeda Hajime proposed raising the short-term interest rate target to 1.25%.

Recently, the public security agencies of Zhanjiang and Leizhou in Guangdong, China, launched a concentrated crackdown operation, successfully dismantling a money laundering criminal gang that used virtual currency transactions to transfer funds from telecom network fraud. Sixteen members were criminally detained in accordance with the law.The gang, led by a couple named He and Zhang, began laundering and transferring fraudulently obtained funds through virtual currency trading models since the end of 2025. They illegally profited by earning transaction price differences and amassed a large number of personal bank cards, WeChat, Alipay, and other payment accounts to build a money laundering chain. In the early hours of July 24, the police conducted a precise cross-regional operation, dismantling the entire gang. The Zhanjiang Public Security Bureau solemnly reminds that "score running" money laundering is an important accomplice in telecom network fraud. Involved individuals will be charged based on the severity of their actions, suspected of aiding information network criminal activities, concealing and disguising criminal proceeds, and crimes related to the benefits of criminal proceeds.Citizens are strongly advised not to rent, lend, or sell personal bank cards and various payment accounts for the sake of small commissions. They must resolutely avoid participating in illegal activities such as virtual currency fund transfers and money laundering. Everyone should consciously protect their personal credit and property safety and actively stay away from all types of fraud-related criminal activities.

According to Jinshi reports, Dong Ximiao, chief economist of Zhailian, expects that a reduction in the reserve requirement ratio and interest rates may be implemented in the third quarter. If the momentum for economic recovery weakens marginally in the second half of the year, a timely reduction of the policy interest rate by 10 to 20 basis points cannot be ruled out.Regarding the reserve requirement ratio, there is still room for a reduction of 25 to 50 basis points within the year, with the implementation window possibly arranged during peak bond supply or periods of tight liquidity. The People's Bank of China will increasingly utilize structural monetary policy tools to strengthen the regulation of market liquidity.

According to official news, the prediction market Polymarket announced a significant adjustment to its settlement mechanism for cryptocurrency price fluctuation markets starting from August 7, to protect market integrity. From midnight UTC on that day, the affected markets will no longer settle based on a single price snapshot at a specific time but will instead use a time-weighted average price.Markets of different durations correspond to different TWAP windows: all cryptocurrency 5-minute markets will use a 30-second TWAP, 15-minute markets will use a 60-second TWAP, and 4-hour markets will also use a 60-second TWAP. The previous single snapshot settlement method was prone to price manipulation during periods of low liquidity, and this change is a proactive reinforcement of the market integrity system by Polymarket after facing regulatory scrutiny.To support this transition, Polymarket will inject $1 million in liquidity rewards into all affected markets throughout August. On the technical side, Chainlink TWAP testnet data streams are now available, and mainnet data streams along with Polymarket real-time data stream services will go live on August 4, at which point developers can access TWAP prices directly through Chainlink Data Streams or Polymarket's public WebSocket.

According to the New Straits Times, Malaysian police recently dismantled an illegal Bitcoin mining operation located in Tronoh, arresting two men aged 40 and 52, and confiscating 73 cryptocurrency mining devices and related equipment.

According to Jinshi reports, Polish Prime Minister Tusk stated that a missile fell into Polish territory.

According to Jinshi reports, the Polish armed forces stated that due to Russia's airstrikes on Ukraine, Poland has deployed fighter jets for protective reasons.

According to The Block, the Solana Policy Institute in the United States has sent a letter to the bipartisan leaders of the Senate, urging them to push the Clarity Act digital asset bill into the voting process before the congressional legislative window closes in early August. The bill aims to provide regulatory clarity for U.S. crypto developers, institutions, and consumers, and establish a "non-money transmission" safe harbor for non-custodial software developers through the Blockchain Regulatory Certainty Act.The latest Republican version also adds ethical provisions that prohibit federal officials and their spouses from issuing or sponsoring digital assets, with the relevant provisions set to expire on January 20, 2029. SPI stated that the bill helps prevent "overreach" of regulation and criminal enforcement against software developers, maintaining the momentum for domestic construction in the United States.

According to The New York Times, the world's largest cryptocurrency exchange Binance quietly adjusted its law enforcement cooperation policy last April, requiring law enforcement agencies in various countries to forward relevant requests to foreign government agencies for processing, which must go through international treaty procedures, significantly extending the response time.Police representatives from five European countries reported at a law enforcement meeting in the Netherlands that, except for urgent cases involving child sexual abuse, terrorism, or threats to life, the vast majority of requests were forwarded to the UAE government, where Binance is registered, severely hindering investigations.Meanwhile, several senior employees from Binance's compliance team have left one after another, further intensifying external concerns. Binance denied slowing down cooperation, stating that this move aims to ensure compliance with data privacy regulations.

According to Fortune, the prediction market platform Polymarket has established the Polymarket Institute, a new organization dedicated to researching prediction market information discovery and forecasting mechanisms, fully funded by Polymarket but without disclosing the specific amount.The institute will set up a "Scientific Scholarship" program to fund doctoral researchers conducting research in related fields, initially recruiting 12 researchers, each of whom will receive a one-time grant of $10,000. To ensure research independence, researchers are prohibited from trading on platforms like Polymarket during their tenure and retain the unconditional right to publish any research findings (even if unfavorable to Polymarket). The funding will adopt a university donation model rather than commissioned research to avoid Polymarket having editorial influence over the results.Polymarket's Chief Data Officer Kai Brusch will serve as the Managing Director of the institute, and Carnegie Mellon University Assistant Professor of Economics and Technology Brian Jabarian will serve as the Scientific Director. To avoid conflicts of interest, Jabarian will not receive personal compensation for this role.

Circle's Senior Director of Strategy and Policy for the EU, Patrick Hansen, pointed out that since the implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), approximately 35 electronic money tokens (EMT) from 21 institutions have obtained compliance certification, with banks and electronic money institutions entering the market, showing a good momentum for local issuance.However, among the top 50 stablecoins globally, currently only USDC, USDG, and EURC meet MiCA requirements, while the rest remain outside the regulatory framework, leaving EU users facing a dual dilemma of lack of protection or being forced to cut off access. Hansen believes that for MiCA to truly become a global regulatory blueprint, it must achieve two goals simultaneously: first, to promote local EMTs to go global with competitive systems; second, to establish a recognition mechanism for compliant stablecoins from abroad, attracting global issuers into the MiCA regulatory framework, rather than making local issuance the only entry path.

South Korean Finance Minister Choo Kyung-ho apologized for launching a single stock leveraged ETF without careful consideration. According to Gate market data, on Wednesday, the South Korean KOSPI index experienced turbulence, dropping as much as 12% during the day, and ultimately narrowing its decline to about 8%. Choo Kyung-ho stated that the government is studying market stabilization measures and may further adjust the relevant regulations for single stock leveraged ETFs to respond to market fluctuations.

According to Jinshi reports, Paul Zangieri, a senior economist at Prudential Investment, is closely monitoring the communication wording of the Federal Reserve. It is expected that the FOMC will "maintain or even strengthen its hawkish tone," as ongoing inflation, rising oil prices, and internal disagreements within the FOMC open the door for further tightening of policies later this year.

According to Jinshi reports, D.A. Davidson's co-chief investment officer James Ragan stated that since the last Federal Reserve meeting, inflation data has been moderate and employment growth has been modest, but the escalation of military conflict between the U.S. and Iran in July has disrupted these positive trends. This means that the progress made in inflation in June may reverse, and the Federal Reserve needs to assess the persistence of core inflation trends.If it is determined that higher inflation expectations are forming, they should raise interest rates in July rather than wait until September, especially considering the political risks of the midterm elections.

According to Jinshi reports, the Bank of Korea stated that inflation will exceed the target in the second half of the year, so it is necessary to maintain a tight policy stance.

According to reports from China News Service, multiple South Korean media outlets believe that the recent sharp decline in the stock market is interpreted as a shock from the listing of China's largest semiconductor company, Changxin Technology. The market is worried that Changxin Technology will use the funds raised from its stock market listing to catch up with semiconductor companies like Samsung Electronics and SK Hynix, and this concern has spread, leading to a setback in investor sentiment.According to a previous report by CNBC, Z-Ben Advisors analyst Peter Alexander believes that, referencing the development paths of the steel and new energy vehicle industries, Changxin Technology will quickly seize market share in the low-end memory chip market and ultimately shake the monopoly positions of Samsung Electronics, SK Hynix, and Micron Technology in the global memory industry.

PPP prediction market tool monitoring shows that in the Polymarket "Ethereum will reach price in July" prediction market, the probability of ETH reaching $2000 is 26%, down 46% in 24 hours; the probability of dropping to $1800 is currently reported at 43%, up 28% in 24 hours. According to the rules of this prediction market, the relevant results are determined based on the highest price of the Binance ETH/USDT trading pair's 1-minute K-line.Yesterday, ETH once surged to $1981, less than 1% away from the $2000 mark, but then quickly fell back and has now dropped below $1900.

It has been reported that the mayoral candidate of Incheon, South Korea, is accused of falsely reporting assets, suspected of failing to declare the spouse's cryptocurrency assets.

According to CoinDesk, U.S. District Court Judge Katherine Menendez in Minnesota ruled that the state law classifying the operation of prediction markets as a criminal offense likely violates the federal Commodity Exchange Act (CEA), and granted a preliminary injunction to Kalshi, Polymarket, and the U.S. Commodity Futures Trading Commission (CFTC), suspending the enforcement of the state law.The judge found that prediction market contracts structurally fall under the category of "swap" products regulated by the CFTC, and that federal law takes precedence over state law, with the three plaintiffs "likely to prevail in a formal trial." Additionally, the judge noted that failing to suspend the enforcement of the law would cause "irreparable harm" to Kalshi and Polymarket. This preliminary injunction will remain in effect until a final judgment is made in the case.