Putin supports Bitcoin, Russia passes cryptocurrency regulation bill

[Xuan Huiyi: Standard Chartered Hong Kong to Announce HKDAP Issuance Plan and Distributor Agreements Within August] According to a report by Hong Kong 01, Xuan Huiyi, CEO of Standard Chartered Hong Kong and Greater China & North Asia, revealed that the issuance plan for the Hong Kong dollar stablecoin HKDAP and details of distributor agreements will be announced within August. As the issuer, Diandian Finance will distribute HKDAP to corporate and institutional clients through authorized distributors, targeting use cases such as cross-border settlements and tokenized assets.

According to Lookonchain monitoring, Arthur Hayes bought 6 million ENAs at an average price of $0.09, worth approximately $525000.

[Russian Law Enforcement Raids Multiple Cryptocurrency Exchanges in Moscow] According to The Block citing Bits Media, Russian law enforcement raided the offices of several cryptocurrency exchanges in Moscow to investigate a theft case involving 144 million rubles (approximately $1.8 million). Investigators suspect the stolen funds were transferred through the exchanges and are reviewing whether related employees were involved.

According to Bloomberg data, the annual volatility of the South Korean KOSPI index has reached 63%, surpassing Bitcoin's 48%, making it the most volatile national stock index in the world.

[Upbit to Support AERGO and AQT Migration to House Party Protocol] According to an announcement from Upbit, AERGO and AQT will complete their mainnet migration to the House Party Protocol (HPP) by 2026-08-04. AERGO will be exchanged for HPP at a 1:1 ratio, and AQT will be exchanged for HPP at a 1:7.43026 ratio. Currently, withdrawal services for AERGO and AQT are suspended and will resume as HPP withdrawals after the migration is completed.