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Tether released its financial report for the second quarter of 2025, showing that as of June 30, the circulating supply of Tether (USD₮) exceeded $157 billion, with a quarterly net profit of $4.9 billion. The total amount of U.S. Treasury bonds held reached $127 billion, an increase of about $8 billion compared to the first quarter.

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Austrian crypto technology startup TACEO has completed a $5.5 million seed round financing, led by Archetype VC, with participation from a16z CSX and others. The new funds will be used to enhance infrastructure performance and developer tools, focusing on expanding privacy-compliant applications in the fields of finance, AI, and stablecoins. Its core technology enables multi-party collaborative computing on encrypted data and has supported biometric authentication for 14 million users.

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The Hong Kong Monetary Authority announced the registry of licensed stablecoin issuers, and there are currently no issuers. According to the "Stablecoin Ordinance", the issuance of fiat stablecoins requires a license, and the relevant regulatory system will be implemented on August 1, 2025. At present, the public can consult the registry to obtain the latest list of licensed institutions.

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The White House reiterated its support for Trump's nomination of Brian Quintenz as chairman of the Commodity Futures Trading Commission (CFTC), despite the delay in the nomination vote. Quintenz previously served as a CFTC commissioner and worked in the cryptocurrency division of the venture capital firm a16z. He stated that he would resign from other positions if confirmed.

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AllUnity, supported by DWS and Galaxy, launched Germany's first regulated euro stablecoin #EURAU# on July 31. This stablecoin is issued on the #以太坊# blockchain, fully backed by reserves from multiple European banks, compliant with the EU's regulatory framework for crypto assets, and will be initially listed on the Bullish exchange.

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LucaNetz, CEO of Pudgy Penguins, stated that the Pudgy Penguins team is participating as government advisors in U.S. cryptocurrency legislation along with Abstract and has submitted PENGU #ETF# # 申请，该 # ETF# # 将涵盖 PENGU 代币与 # NFT#.

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The Financial Services Commission of South Korea, along with the Financial Supervisory Service, the Digital Asset Exchange Association, and five cryptocurrency exchanges, has formed a working group that plans to release guidelines for "cryptocurrency lending services" next month. The aim is to establish a regulatory framework that covers leverage, service targets, and risk disclosure among other aspects.

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In July, global NFT sales reached $574 million, an increase of 47.6% month-on-month, marking the second highest record since 2025. Despite a 9% decrease in transaction volume to 5 million, the average sale price rose to $113.08, indicating strong demand for high-value #NFT# assets. Ethereum chain NFT sales led the way, reaching $275.6 million.

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Fosun's Xinglu Technology (Finloop) recently completed nearly ten million dollars in Series A financing, with investors including Solana Foundation and other Web3 industry organizations. The funds will be used to build a Web5 business system, enhancing the ability to integrate fiat currency, stablecoins, and digital assets, providing a one-stop technology solution for financial institutions. The company is committed to supporting a B2B service platform for all categories of financial products, merging traditional and digital finance.

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The crypto market saw some gains, with Ethereum (ETH) rising 1.43% and returning above $3800, while Bitcoin (BTC) increased by 0.28%. The SocialFi sector has risen for two consecutive days, the DeFi sector saw slight gains, while the CeFi and NFT sectors experienced declines. Overall performance varied, with some projects like Curve DAO (CRV) and Litecoin (LTC) performing well.

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Federal Reserve Chairman Powell stated that when discussing internal dissent, the majority of FOMC members believe it is appropriate to maintain a moderately restrictive stance in the context of inflation being above target. He appreciates the clarity of thought and expression from the dissenters.

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The wording regarding inflation in the Federal Reserve's policy statement has not changed since the June meeting, still stating that "inflation remains somewhat elevated." This indicates that the Federal Reserve remains vigilant about the risk of prices potentially rising again, especially in the context of trade policy uncertainty.

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Libre Capital announced its rebranding to KAIO and launched a $100 million Laser Digital #比特币# diversified income fund, managed by Laser Digital Middle East. Additionally, KAIO has secured $11 million in seed funding, led by Laser Digital and WebN Group, with participation from Karatage, Further Ventures, Lyrik Ventures, and Brevan Howard Digital.

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The digital asset market policy working group established by Trump released a report recommending that federal regulators create clearer rules for digital asset trading, simplify the promotion process for new financial products, and ensure that the U.S. leads the way in the #区块链# revolution. The report also calls for Congress to pass the "Digital Asset Market Clarification Act" to authorize regulation of the "spot market for non-security digital assets."

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Trump stated that the Federal Reserve must cut interest rates, as the GDP data for the second quarter exceeded expectations.

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U.S. President Trump stated on social media that the deadline for tariffs is August 1, emphasizing that this date is rock solid and will not be postponed.

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The TVL on the Sui chain has risen to 2.2 billion USD, an increase of nearly 480% compared to earlier this year, reaching a historic high.