Xu Zhengyu: Hong Kong plans to pilot tokenization of foreign exchange fund bills by the end of 2026

Former Polish police officer Artur K. was arrested in the Zondacrypto case and charged with participating in organized crime, assisting in the misappropriation of user funds, aiding in computer fraud, and money laundering. The police seized relevant documents at his residence. The police searched the fuel depot where Zondacrypto founder Sylvester Suszek last appeared before his disappearance in March 2022. The prosecutor classified the case as illegal deprivation of personal freedom, and another suspect was charged with removing the hard drive of the gas station surveillance camera. (Source: Decrypt)

The US SEC has released the application details for a perpetual contract between Kalshi and Bitnomial Exchange, requiring a market value of no less than $100 billion, a daily trading volume of no less than $450 million, and over 20 million outstanding shares. The contract prohibits trading by executives and insider information holders of the target company, and the application is currently pending approval from the US CFTC. The margin ratio of Kalshi contract shall not be less than 15.5%, and the upper limit of fund rate shall be 2%. The margin ratio for Bitnomial contracts is 15.25%, settled three times a day. Both institutions are regulated by NFA.

[Kalshi Submits Rule Change to SEC, Proposes Launch of Perpetual Security Futures Products] KalshiEX LLC has submitted a rule change application to the SEC, proposing the launch of perpetual security futures products (Perpetual SFPs) based on single stocks. These products will be settled through a daily funding rate mechanism and cleared by Kalshi Klear LLC. The underlying securities must meet conditions such as a market capitalization of no less than $100 billion, an average daily trading volume of no less than $450 million, and at least 20 million shares outstanding. The customer margin requirement is set at 15.5%. The proposed rule change is expected to take effect on November 2, 2026, pending approval from the CFTC. (Source: Federal Register)

The US Government Ethics Office disclosed that President Trump's account bought Strategy stocks on July 24th and July 27th, with transaction amounts ranging from $1001 to $15000 and $5.0001 to $100000, respectively, and sold MSTR worth $1001 to $15000 on July 8th. The White House stated that the relevant assets were traded through a fully authorized account managed by a third-party agency and not directly operated by President Trump himself.

Apple and Google are recruiting positions related to stablecoins and blockchain.