The European Securities and Markets Authority (ESMA) proposes to expand the scope of MiCA rules, including DeFi portals, staking, and cryptocurrency lending services within the regulatory framework, and suggests strengthening restrictions on unauthorized stablecoin services. (Source: Bloomberg)

Crypto trading platform BitMart has released an announcement on the preliminary indicative plan and roadmap, which will review the asset liability situation starting from August 2026. At present, while conducting preliminary due diligence in Alvarez&Marsal and White&Case, a preliminary plan has been formed to provide users with asset recovery path options such as instant distribution, hacker token recovery, or future revenue tokens.

[BitMart Plans to Address User Debt Through Court Proposal, Offering Liquid Assets or Recovery Token Options] BitMart has announced a preliminary proposal to handle users' outstanding balances through a court arrangement. BitMart stated that the market downturn in 2026, profit-seeking wash trading groups, and panic withdrawals led to business losses, while the December 2021 hacking incident resulted in approximately $319.5 million in asset losses. Management believes that a $10 million capital injection proposed by an investor is insufficient to resolve the issue. User balances will be converted based on the weighted average price between July 26, 2026, and the recording date. Users can choose to receive proportional payouts in fiat currency, stablecoins, and liquid assets such as BTC, ETH, and SOL, or opt for two types of recovery tokens: Restitution Token and Continuum Token. BitMart plans to consult with the top 50 users by balance within 3 to 4 weeks and announce the recovery ratios.

Circle's USDC Treasury address has issued 250 million USDCs on the Solana chain, with a total of 750 million USDCs issued in the past 24 hours. Since 2026, Circle has minted approximately $98.8 billion worth of USDCs on the Solana chain.

The US Securities and Exchange Commission has sued Meyer Global Management and its head Owen Meyer, accusing them of raising at least $18.5 million from nearly 100 investors under the guise of investing in Pre IPO shares of companies such as OpenAI and SpaceX, and misappropriating at least $1.27 million for personal consumption and investment, with some funds actually not holding related assets. (Source: Wealth)