BTC falls below the $97000 mark

Bitget TAO/USDT's perpetual trading volume surged 18 times within 10 minutes, with a turnover of 20.29 million US dollars in the past 24 hours, a decrease of 0.76% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

BlockBeats News: On July 13th, according to 23pds, the Chief Information Security Officer of SlowMist, X platform user @ Miles082510 exposed a post. Developer @ web3_cryptoguy disguised himself as a Web3 "tool author" and provided a script tool that is suspected of scanning sensitive local files in the background, with the intention of stealing key data such as private keys, wallet files, configuration files, code, and mnemonics. These data will be secretly uploaded to anonymous servers, and users will hardly notice the entire process. Remind users to avoid using scripting tools from unknown sources.

According to Golden Finance, Kenyan Minister of Information and Communication Technology William Kabogo announced the official launch of the national digital token KenyaNDT (KDT), which is deployed on the Solana blockchain. Kabogo stated that Kenya is developing a national virtual asset policy and a draft virtual asset service provider (VASP) bill to establish a more standardized regulatory framework for digital assets. He also disclosed that the monthly digital asset transaction volume of Kenyan citizens has exceeded 500 million US dollars, reflecting the high level of public participation in this field. Although the Central Bank of Kenya has not yet clarified the fiat nature or pegging mechanism of KenyaNDT, Kabogo has also clarified that the token is not directly issued by the government, but its goals are highly aligned with the national digital strategy. At present, the government is negotiating with the central bank, the Communications Administration, and the Ministry of Finance to promote the implementation of governance models and regulatory compliance.

Golden Finance reported that Hong Kong Financial Secretary Paul Chan published his essay "Seoul Tour", in which he revealed that the product innovation in the Hong Kong market has been recognized by the South Korean financial industry. Hong Kong's development in digital assets and the upcoming stablecoin regulations are topics of great interest and concern to the South Korean industry and regulatory agencies. From sharing regulatory experience to promoting industry development ideas and directions for stablecoin applications, there have been in-depth exchanges.

According to a report by Cable News, Hong Kong's Secretary for Financial Services and the Treasury, Eddie Hui, stated in an interview that only a small number of stablecoin licenses will be issued in the first phase. As for whether RMB stablecoins can be issued, he said that the law does not restrict the pegging of currencies, but if it involves currencies from other regions, it may need to be discussed with relevant institutions. The government has released the Digital Asset Development Policy Declaration 2.0, which also suggests promoting the "tokenization" of financial assets. Xu Zhengyu stated that Hong Kong has experience in issuing token green bonds, and the next step is to extend it to exchange traded funds (ETFs). He also believes that the trading of metals and other commodities can also be studied using token payments.