News linked to both this project and an event.
According to the official announcement, to meet users' diversified investment needs, Bitget's US stock token rToken has listed rJMKE (Jersey Mike's Subs). As of now, the Bitget platform supports a total of 608 US stock tokens. It is reported that rTokens, identified by the letter r + stock ticker (e.g., NVIDIA as rNVDA), are issued by Bitget's licensed RWA protocol Reality, directly connecting to global liquidity pools such as Nasdaq and NYSE through cooperation with compliant broker Alpaca. Its features include: underlying assets 1:1 reserved and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (stock splits, etc.), and holdings can serve as joint margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.
the token is issued by Anchorage Digital Bank, can be natively minted and redeemed on Celo, and can be directly used to pay on-chain gas fees via Celo's fee abstraction mechanism. USAT went live in January this year and currently has a market cap of approximately $185 million.
Binance has launched commodity options, which are USDT-settled European-style cash-settled contracts. Traders can trade Gold (XAUUSDT) and Silver (XAGUSDT) options, with 1-day and 1-week expiration structures available for each underlying. Retail users can only go long. The relevant options were listed on July 29 at 18:00. The relevant products are traded on Nest Exchange Limited, regulated by the Abu Dhabi FSRA, and cleared by Nest Clearing and Custody Limited.
According to Cryptopolitan, the Central Bank of Russia (CBR) has released a draft of supporting regulatory rules for the cryptocurrency market, covering registration and operational requirements for crypto exchanges, digital depository institutions, and token issuers. The draft stipulates that the minimum net assets of digital depository institutions must range between 50 million and 250 million rubles (approximately $600,000 to $3 million), depending on the nature of the business. These rules will supplement the "Law on Digital Currency and Digital Rights" passed by the Russian State Duma earlier this month, which is expected to officially take effect on September 1, 2026. Under the new framework, non-qualified investors are limited to purchasing mainstream assets such as BTC, ETH, and USDT annually, with a cap of $4,000; industry participants will have a transition period until March 1, 2027, to complete compliance and approval procedures.
Binance will launch Gold and Silver European options, settled in USDT, through Nest Exchange, which is regulated by ADGM. There has been strong demand for Binance's precious metals perpetual futures ahead of this product launch. The new contracts reference a benchmark derived from multiple third-party price sources. Retail investors can buy call and put options, but are not permitted to sell options, with their downside risk limited to the premium paid. Binance stated that the metal options are part of its plan to offer compliant, crypto-native exposure to traditional assets. Binance intends to expand its options product line and may allow retail investors to sell options on a limited basis under stricter regulations.
Bitget 质押借币板块新增支持 38 支股票代币（rToken）作为抵押资产，累计支持数量达 103 支。本次新增标的包括 rIBM、rTQQQ、rNOK 等热门美股与 ETF，覆盖科技、消费、金融等多元板块。持有相关股票代币的用户现可将其作为抵押物借入 USDT、USDC 等主流资产及 100+ 种加密资产，在不卖出持仓的情况下释放资金流动性。具体抵押参数可参阅 Bitget 官方平台。 据悉，以字母 r + 股票代码（如英伟达为 rNVDA）为标识的 rToken，由 Bitget 旗下持牌 RWA 协议 Reality 发行，通过与合规券商 Alpaca 合作直连纳斯达克、纽交所等全球流动性池。其特点包括：底层资产 1:1 储备并由持牌托管机构托管、股票股息以代币形式 1:1 派发、支持公司行为（拆合股等）同步映射，且持仓可作为统一账户及 U 本位合约的联合保证金，让用户在持有全球股票资产的同时，仍能灵活管理资金。
Tether announced that its gold-backed digital asset XAU₮ has received Sharia compliance certification from Amanah Advisors, an institution led by Mufti Faraz Adam. The certification confirms that XAU₮ adheres to the core principles of Islamic finance. XAU₮ is issued by TG Commodities, S.A. de C.V., with each full token representing direct ownership of physical gold stored in Swiss vaults. Certification requirements include genuine ownership of physical gold, clear and verifiable asset backing, no interest (riba), no leverage or speculative derivatives, and transparent reserve structures. Tether stated that XAU₮ can be used for integrating digital gold products into Islamic banking, takaful and halal savings products, long-term wealth preservation strategies, as well as tokenized trade finance and collateral applications. Amanah Advisors will continue to work with Tether to develop practical guidelines and governance frameworks to support the adoption of XAU₮ in a Sharia-compliant manner.
TechFlow news, July 25, according to The Paper, the Inner Mongolia Autonomous Region Xilin Gol League Intermediate People's Court issued a second-instance judgment maintaining the original verdict in the case involving Ma suspected of the crime of illegal business operations. This is one of a series of cases where four-party payment platforms provided fund payment and settlement services for gambling platforms. In this case, some defendants were accused of receiving commissions or rebates in the form of virtual currencies such as USDT. Upon investigation, between May 24, 2022 and October 18, 2023, Ma and four others used third-party payment accounts to collect and pay illegal funds on behalf of others, and utilized settlement methods such as receiving USDT virtual currency via virtual wallets and bank card collections. Through 105 merchants across 10 third-party payment companies, the settlement amount exceeded 2.95 billion yuan. The court ultimately determined that Ma committed the crime of illegal business operations, sentencing him to four years and six months in prison and imposing a fine of 3 million yuan. The 5 individuals who were subsequently brought to justice were sentenced by the court to prison terms ranging from 3 to 6 years for the crime of illegal business operations.
Stablecoin issuer Tether announced that its gold token, Tether Gold (XAU₮), has been recognized as an "Accepted Spot Commodity" by the Abu Dhabi Global Market (ADGM), opening channels for regulatory-compliant enterprises within ADGM to offer services related to XAU₮.Tether stated that this recognition was obtained after continuous communication with ADGM and demonstrating its operational resilience, transparency, and compliance framework. It will help enterprises that have obtained relevant regulatory licenses support XAU₮ products and services in a regulated environment. Previously, the ADGM Financial Services Regulatory Authority (FSRA) had recognized Tether's USD stablecoin USD₮ as an "Accepted Fiat Referenced Token." This recognition of XAU₮ further expands the application scope of Tether's products within the regulated ecosystem of ADGM.
According to the official announcement, the Bitget Trading Bot now supports smart holdings for US stock tokens (rTokens). It has also simultaneously launched multiple recommended portfolios, including the US Stock Top 10 Giants Mag 10, Serenity Holdings, Musk Concept, and more, enabling users to copy holdings with one click and automatically manage positions. Users can navigate to "Trading Bot" and select "Smart Holdings", choose a desired portfolio from the recommendations, enter the investment amount, and establish the position. Alternatively, they can create manually by configuring supported stock rTokens and cryptocurrencies, setting target allocations and rebalancing conditions for each asset, and completing the creation. App users can upgrade to the latest version to experience this feature. It is reported that rTokens, identified by the letter "r" plus the stock ticker (e.g., Nvidia as rNVDA), are issued by Reality, a licensed RWA protocol under Bitget. They connect directly to global liquidity pools such as Nasdaq and NYSE through cooperation with the compliant broker Alpaca. Features include: underlying assets reserved 1:1 and custodied by licensed institutions, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (stock splits, etc.), and holdings can serve as joint margin for Unified Accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
Odaily Odaily reports, one year after the enactment of the US "GENIUS Act", Tether's stablecoin USDT faces a compliance adjustment window of approximately two years. If it fails to meet US stablecoin regulatory requirements in the future, USDT may risk being unable to continue trading on crypto platforms in the United States.The GENIUS Act requires stablecoin issuers to maintain fully backed reserves, primarily allocated to highly liquid assets such as cash and US Treasuries. Tether's latest reserve disclosure shows that USDT reserves still include some assets allocated to precious metals, lending assets, and Bitcoin, which may not meet the requirements of the new regulations. (Coindesk)
: In an interview this week, Circle President Heath Tarbert responded to questions about the stock price falling from $260 to $62, stating that the company is focusing on long-term development. If it can fulfill its mission of building a full-stack internet platform infrastructure, the stock price will ultimately reflect that value in the long run. Addressing the new competition posed by the Open USD Alliance, which consists of 140 companies including Visa, Stripe, Mastercard, and Google, Heath Tarbert noted that USDC, as a stablecoin natively supporting 34 blockchains, has built a network effect with a circulating supply of $73 billion that is extremely difficult to replicate. Discussing the difference in market position compared to Tether, he stated that USDC is the world's largest regulated stablecoin and boasts the highest real transaction volume.
the US stablecoin regulatory bill, the GENIUS Act, has now been in effect for one year. Non-US issuers such as Tether have two years remaining to establish compliance strategies to meet US stablecoin issuance rules. The bill originally required federal financial regulatory agencies to finalize stablecoin rulemaking before the one-year mark, but the relevant rules have not yet been issued, leaving the compliance pathway uncertain. Under the basic framework of US standards, Tether’s USDT would need to undergo multiple significant adjustments before the rules take effect in order to meet legal requirements.
According to reports from Lianhe Zaobao, Taiwan's largest virtual currency merchant, Bixiang Technology, colluded with fraud groups to launder 2.3 billion New Taiwan Dollars (approximately 92.13 million Singapore Dollars). The Shilin District Court issued a first-instance verdict on July 16. The mastermind, company head Shi Qiren, who had a background in the Tiandao Alliance gang, was sentenced to 22 years in prison, and criminal proceeds exceeding 43.71 million New Taiwan Dollars were confiscated. It is reported that Shi Qiren was the head of the Taiwan region of the offshore virtual asset exchange CoinW (CoinWin). Since CoinW had not completed the anti-money laundering compliance registration with the Taiwan Financial Supervisory Commission, he acquired Bixiang Technology, which had passed the compliance declaration, as a shell company for 19.2 million New Taiwan Dollars in October 2023. Subsequently, 45 physical stores were opened across Taiwan to illegally sell Tether (USDT), collaborating with fraud groups to deceive the public through methods such as fake investments, fake friendships, and fake recruitment. Between January 2024 and April 2025, a total of 1,539 victims suffered losses, with the defrauded amount reaching 1.275 billion New Taiwan Dollars, and the overall money laundering amount exceeding 2.3 billion New Taiwan Dollars.
: Circle has entered into a strategic alliance with Argentine financial services group BIND Group to provide USDC liquidity access to Argentine enterprises through BEN, a licensed virtual asset service provider under BIND. BIND Group has total assets exceeding $2 billion, and its core banking entity, BIND Banco Industrial, provides services to institutions and enterprises. BEN will operate in compliance with Argentine regulatory requirements, supporting use cases such as payments, treasury management, and digital asset transfers. BIND Vice President Andrés Meta stated that expanding institutional access to USDC is an important step for the Argentine digital asset ecosystem. Circle CEO Jeremy Allaire noted that Argentina has become a more attractive destination for foreign investment. Argentina is one of the few markets in Latin America where USDC adoption levels are close to those of USDT. Tether-backed Oobit disclosed that transaction volumes completed by Argentine users using USDC account for 46% of the country’s total stablecoin transaction volume.
Odaily Odaily: Argentine digital bank Ualá has completed a $197 million funding round, led by Allianz X, the strategic investment arm of the Allianz Group, with a $20 million investment from Tether. The round was announced in March, valuing Ualá at $3.2 billion. Ualá has over 11 million users, with operations spanning Argentina, Mexico, and Colombia. The company will use the funds to expand across Latin America, with Mexico as a key market. Ualá founder and CEO Pierpaolo Barbieri stated that this investment does not include the integration of stablecoins on the platform. Ualá operates as a licensed bank in relevant markets, and regulatory rules restrict it from conducting such integrations.
Bitget has listed 16 US stock tokens, including rXBI (S&P Biotech ETF-SPDR), rDIA (SPDR Dow Jones Industrial Average ETF Trust), rKSTR (SSE STAR 50 Index ETF), rJBL (Jabil Inc.), and rKR (Kroger), covering sectors such as finance, healthcare, information technology, and industrials. It is reported that rTokens, identified by the letter 'r' + stock ticker (e.g., NVIDIA as rNVDA), are issued by Reality, a licensed RWA protocol under Bitget. They directly connect to global liquidity pools such as Nasdaq and NYSE through cooperation with compliant broker Alpaca. Their features include: underlying assets 1:1 reserved and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronous mapping of corporate actions (stock splits, etc.), and holdings can serve as combined margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
Odaily Odaily news, according to the official announcement, Bitget's Staking Borrowing section has newly added support for 39 stock tokens (rToken) as collateral assets. The newly listed targets include popular US stocks and ETFs such as rAMD, rSMH, rARM, and rSKHY, covering diverse categories including semiconductors, finance, healthcare, and energy.Users holding relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, unlocking liquidity without selling their holdings. The corresponding feature on the Web platform has been launched, with the App version expected to go live within this week. Specific collateral parameters and more details can be found on the Bitget official platform.It is reported that rTokens, identified by the letter r + stock ticker (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. By partnering with the compliant brokerage Alpaca, it connects directly to global liquidity pools such as Nasdaq and the NYSE. Its features include: 1:1 reserve of underlying assets held by a licensed custodian, stock dividends distributed 1:1 in token form, synchronized mapping of corporate actions (stock splits, reverse splits, etc.), and the ability to use holdings as combined margin for unified accounts and USDT-margined contracts, allowing users to manage funds flexibly while holding global stock assets.
According to the Financial Times, stablecoin issuer Circle banned crypto fund Heka Funds at the end of 2023. Court documents reveal that Circle accused Heka of leveraging large-scale arbitrage operations to buy discounted USDC and redeem cash from Circle during the 2023 Silicon Valley Bank (SVB) crisis, suspecting that the relevant funds ultimately flowed to Tether to help it expand its USDT market share. Arbitration documents disclosed that Tether had invested approximately $800 million in Heka, accounting for about 75% of the fund's assets, and waived its minting fees, but Heka did not disclose this support relationship to Circle. Heka previously filed for arbitration claiming approximately $49 million in lost profits due to the account ban, but the arbitrator rejected all its claims in February this year, determined that Heka engaged in bad faith conduct, and ordered it to pay Circle approximately $166,000 in attorney and expert fees. Heka denied engaging in market manipulation and stated it was not under regulatory investigation.