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South Korea to Push for Blockchain-Based Treasury Tokenization Pilot and Launch Three National Projects in Semiconductors, AI, etc.

the South Korean government has announced the "2026 H2 Economic Growth Strategy," declaring it will accelerate three major "super projects" in semiconductors, AI data centers, and embodied AI. It also plans to enhance industrial competitiveness through blockchain and digital asset ecosystem development. According to the plan, South Korea aims to double its memory chip production capacity over the next five years and launch an AI chatbot for all citizens and a unified AI education platform in the second half of this year.Notably, the South Korean government proposed advancing large-scale demonstration projects for the blockchain and digital asset ecosystem in the second half of this year. It also intends to launch a blockchain-based pilot for tokenizing government bonds, exploring linkages with the Bank of Korea's institutional CBDC to drive financial infrastructure upgrades. Additionally, South Korea plans to establish strategic investment accounts and a national growth fund to expand long-term capital support for strategic industries such as artificial intelligence, quantum technology, security, and blockchain. (Etoday)

BlackRock, Goldman Sachs, JPMorgan Chase, and 54 other institutions join the UK tokenized financial markets working group

the UK government is accelerating the tokenization of its financial markets. 54 financial institutions, including BlackRock, Goldman Sachs, JPMorgan Chase, HSBC, and UBS, have joined the Wholesale Digital Markets Working Group supported by HM Treasury.Backed by the City of London Corporation, the working group will explore real-world tokenization use cases in the UK financial markets over the next year, with an initial focus on tokenised repurchase agreements (tokenised repo).Chris Woolard, the HM Treasury’s lead on wholesale digital markets, stated in a report that the tokenized financial market represents a "network race" and that the UK must move at the fastest possible pace, or risk missing the opportunity to participate in the global digital financial infrastructure buildout. (CoinDesk)

Exodus Releases June Treasury Data: Holds 600 BTC, 457 ETH, 17,749 SOL

crypto financial platform Exodus Movement has released its June 2026 treasury reserves and monthly operational metrics. As of June 30th, the company's crypto asset inventory stood at 600 BTC, 457 ETH, and 17,749 SOL. In terms of transactions, the total exchange volume across the platform in June reached $399 million, up from $383 million in May. Its XO Swap business contributed $93 million, accounting for 23% of the total volume. User metrics remained stable, with monthly active users (MAU) at 1.5 million in June, flat compared to the end of May. (Globenewswire)

Exodus Announces June Crypto Treasury Data: Holds 600 BTC, 467 ETH, and 17,749 SOL

据 Globenewswire 报道,加密金融平台 Exodus Movement 发布 6 月资金储备及业务运营数据。截至 6 月 30 日该公司数字资产储备包括:600 枚比特币、457 枚以太坊、以及 17,749 枚 SOL。

Gate GUSD Comprehensive APY Reaches 6.38%, Launchpool 365th Event Shares 15 XAUT Airdrop

Odaily Odaily Odaily Odaily Official News: According to official sources, Gate Launchpool will launch its 365th GUSD dual-pool event from 20:00 on July 9 to 20:00 on July 16 (UTC+8). During the event, users staking GUSD will share a 15 XAUT airdrop. The annualized yield for holding Gate GUSD is 3.8%. Combined with the Launchpool mining rewards, the comprehensive annualized yield can reach up to 6.38%.GUSD is a high-quality yield-generating asset launched by Gate, backed by Treasury RWA (Real World Assets) and stablecoins. Users can mint GUSD using USDT, USDC, or USD1 at a 1:1 ratio and earn daily rewards by holding it. Furthermore, Gate is offering a limited-time bonus for new users of on-chain yield products who mint GUSD, with an annualized yield of up to 100%. When combined with Launchpool rewards for new users, the comprehensive annualized yield can reach up to 132.2%.

Offchain Labs Co-founder: 10% of Fees from Arbitrum L2s Like Robinhood Chain Goes to Ecosystem, 8% Enters ARB Treasury

, Offchain Labs co-founder Steven Goldfeder stated that 10% of the fees generated by Robinhood Chain and other Arbitrum L2 networks will flow to the Arbitrum ecosystem, with 8% entering a treasury controlled by token holders and 2% allocated for development funding.According to the introduction, Robinhood Chain is now live on the Robinhood wallet and supports connections to Solana, Ethereum, and Arbitrum networks. Previously, Arbitrum One contributed 100% of its fee revenue to the treasury.This mechanism means the ARB token holder treasury will gain a continuous source of revenue, which could be used in the future for ecosystem grants, buybacks, or staking rewards, among other uses. If transaction volume on Robinhood Chain continues to grow, the market believes it could further enhance the revenue-generating capacity of the Arbitrum ecosystem.

Core PCE Inflation Rate May Be Revised Down by 0.2 Percentage Points; US BEA to Adjust Some Calculation Methods for PCE

Odaily Planet Daily reported that the U.S. Bureau of Economic Analysis (BEA) recently announced adjustments to some calculation methods for the Personal Consumption Expenditures Price Index (PCE). The relevant changes are expected to be reflected in the data revision scheduled for release on September 30, 2026. Market estimates broadly indicate that this adjustment will likely lower the core PCE inflation rate by approximately 0.2 percentage points. Current data shows that over the 12 months ending May 2026, core PCE inflation stood at 3.4%, remaining above the Federal Reserve's 2% target since March 2021. The BEA's primary adjustments this time focus on three specific sectors: portfolio management and investment advisory services, computer software and accessories, and legal services, modifying their respective price calculation methods.Former Federal Reserve Governor Miran stated in a speech last December that "some of what should have been recorded as an increase in the quantity of service consumption has instead been recorded as a price increase." In May of this year, Miran, along with Fed economists Alessandro Barbarino and Anthony M. Diercks, published a paper analyzing the shortcomings of existing statistical methods, including issues with the measurement of products like portable storage devices and video games. JPMorgan economist Abiel Reinhart remarked, "‘Grand Theft Auto 6’ might also have a chance to influence the U.S. Treasury yield curve."

Tokenized sovereign debt platform M1X completes $5.5 million seed funding round, led by Paradigm

tokenized sovereign debt startup M1X Global has completed a $5.5 million seed funding round, led by Paradigm, with participation from Breed VC and others.It is understood that M1X Global previously collaborated with the Republic of the Marshall Islands to assist in the issuance of the on-chain sovereign debt instrument USDM1. This product is a dollar-denominated tokenized sovereign debt instrument, 1:1 backed by U.S. Treasury bonds, and natively issued on a public blockchain by a sovereign nation. USDM1 was initially issued on Stellar and is now also available on Canton and Solana.Jordan Goldman, President and COO of M1X, stated that sovereign debt is one of the largest asset classes globally, but prior to USDM1, it did not exist in a native on-chain form. The company aims to establish USDM1 as on-chain sovereign collateral and expand its use within regulated financial markets.The initial application scenario for USDM1 is domestic government aid distribution. Citizens of the Marshall Islands can receive funds via the Lomalo wallet, with payments settling in seconds, bypassing the need for traditional correspondent banking networks. M1X also indicated that its recent integration with Bank of Guam, a U.S. FDIC-insured bank, further connects USDM1 to regulated banking infrastructure. (The Block)

The market stabilizes before the U.S. Independence Day holiday, with Bitcoin holding above $61,000

On the eve of the U.S. Independence Day holiday, sentiment in the crypto market is gradually stabilizing. Bitcoin is holding above $61,000, and Ethereum has climbed above $1,700, continuing the rebound from the previous day. The unexpectedly weak U.S. non-farm payroll data earlier had cooled market expectations for further tightening by the Federal Reserve, rekindling demand for risk assets. Volatility in the options market has notably declined, with short-term implied volatility falling from recent highs into the low 30s range, as market sentiment shifts from panic hedging to relative calm. However, some institutions believe the data is not a one-sided "dovish signal." Accelerating wages and resilient consumer spending still support the Fed in maintaining a hawkish stance. The divergence between U.S. Treasury yields and stock market performance further indicates lingering disagreement over the policy path. (The Block)

THENA Announces 2.0 Roadmap, Plans to Mint Approximately 32.61 Million Tokens to Expand Treasury

Odaily Odaily Planet Daily reports: THENA, the decentralized liquidity platform on the BNB ecosystem, has announced its 2.0 roadmap. It plans to mint THE tokens representing approximately 10% of the original maximum supply (about 32.61 million tokens), split into two rounds of 5% mints deposited into a multi-signature treasury wallet to support long-term ecosystem development and expansion. In terms of its development path, THENA 2.0 focuses on rebuilding core liquidity and trading activity, advancing mobile and consumer-grade trading experiences, building a unified financial ecosystem gateway, with key emphasis on tokenized real-world asset (RWA) liquidity, as well as expanding capabilities for spot and perpetual trading markets. Implementation of this roadmap is subject to approval by the governance mechanism (veTHE voting).

OFAC updates ISIS-K sanctions list, adds 134 cryptocurrency wallet addresses; Tether has frozen all TRON address balances

According to Chainalysis, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) updated its sanctions list against ISIS-K (Islamic State Khorasan Branch) on July 1, adding 134 cryptocurrency wallet addresses, of which 131 are on the TRON chain and 3 are Monero addresses. On-chain data shows that the aforementioned TRON wallets have cumulatively received over $1.4 million since 2023 and transferred out over $880,000, with some funds flowing to Syrian crypto exchangers. Currently, Tether has frozen the balances of all 131 TRON addresses. Additionally, on the same day, OFAC also sanctioned two Brazilian individuals and four companies related to the Latin American criminal organization "Primeiro Comando da Capital" (PCC), accusing them of using cryptocurrency to transfer over $30 million in illegal proceeds across borders from the United States to Brazil.

STBL Launches RWA-Backed Stablecoin USST on Stellar

on July 1, 2026, STBL launched the institution-grade stablecoin USST on the Stellar network. This stablecoin is backed by real-world assets, with the initial minting collateral being the tokenized Treasury bill USDY. USST is built on STBL's Stablecoin 2.0 infrastructure, allowing market participants to deposit eligible real-world assets, such as tokenized Treasury bills or money market funds, to mint USST. It supports settlement, collateral liquidity, and cross-border payments. STBL plans to add Franklin Templeton's BENJI as a second collateral option but has not yet set a date for the BENJI collateral integration, nor has it disclosed the initial minting size of USST on Stellar.

Hong Kong FSTB and HKMA Complete First-Phase Review of DLT Fixed Income Market

According to an announcement by the Hong Kong Monetary Authority, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly announced on June 29 that they have completed the first-phase review on promoting the further application of Distributed Ledger Technology (DLT) in Hong Kong's fixed income market. The review results confirmed that Hong Kong's existing legal and regulatory environment is sufficiently flexible to support the issuance of tokenized bonds. The Companies Registry released frequently asked questions on the same day, clarifying that registers of debenture holders maintained using DLT comply with the relevant provisions of the Companies Ordinance. The next phase of the review will commence in the second half of this year, focusing on legal optimization issues such as allowing electronic signatures to execute tokenized bond issuance documents, as well as the "possession" and "transfer" of tokenized fixed income products, to promote the wider application of DLT in the fixed income market and the digital asset sector.

Robinhood: Trump Account App Now Live and Available to Eligible American Families

OdailyOdaily Planet Daily reports that Robinhood has officially announced on X that the Trump Account application (supporting iOS and Android) is now live and available to all eligible American families. Users can now activate their accounts, which will officially begin accepting deposits on July 4, 2026.Robinhood added that all US children under the age of 18 with a valid Social Security Number are eligible to open a Trump Account; eligible children born between 2025 and 2028 will receive an initial $1,000 contribution from the U.S. Treasury; family members, friends, and employers can contribute a combined maximum of $5,000 annually; the account is designed for long-term investment.The so-called "Trump Account," also known as a 530A Account, is a tax-deferred investment account plan authorized by then-President Donald Trump on June 9, 2025, under the "Big and Beautiful" Act. Its purpose is to establish government-funded savings accounts for children of US citizens born between January 1, 2025, and January 1, 2029. The Bank of New York Mellon has been designated as the financial agent for the Trump Account, while Robinhood serves as the designated broker-dealer and initial trustee.

21Shares: Bitcoin Year-End Base Target Price at $100,000

According to the mid-year crypto market report released by 21Shares, after Bitcoin peaks at approximately $126,000 in October 2025, the base target price for the end of 2026 is set at $100,000.The report shows that as of May 2026, the global crypto ETP assets under management stood at approximately $140 billion, with total holdings of 1.25 million BTC. Furthermore, prediction market trading volume reached $57.5 billion by the end of May; total value locked in DeFi remained around $140 billion; within the Ethereum Layer 2 ecosystem, Base, Arbitrum, and Optimism accounted for approximately 83% of total DeFi TVL; and the total value of tokenized assets on public blockchains reached $31 billion, including $15 billion in tokenized U.S. Treasury bonds. (The Block)

Altura Updates Treasury Management Progress: Redemption Remains Suspended; Unified Access Will Be Enabled After Full Asset Verification

Altura released a community update stating that redemptions remain suspended to ensure equal treatment for all AVLT holders, and will only be reopened collectively once treasury assets have been fully recovered, credited, reconciled, and independently verified. The team confirmed that no security incident has occurred and no assets have been lost.

Vance Advocates for State Ownership in AI Giants, Musk Says Direct Cash Payments to Public Are Better to Combat Future Deflation

U.S. Vice President JD Vance stated in an interview with "CEO Diary" that Trump supports the establishment of a U.S. sovereign wealth fund to hold equity in frontier AI companies. Vance believes that large AI companies should not be allowed to develop into unconstrained monopolies and advocates for mechanisms of state ownership and labor participation, allowing ordinary workers to directly share in the economic dividends brought by AI.In response, Musk publicly replied on X platform, stating that a better solution than the government holding corporate equity is for the Treasury to directly distribute money to the people. Musk said that as AI and robots drive growth, the supply of goods and services will outpace the growth of the money supply, so direct cash payments will not cause inflation. The real challenge in the future will be dealing with "major deflation."The divergence between the two primarily lies in the approach to wealth distribution. Vance favors national participation in production-side revenue distribution, while Musk advocates for directly subsidizing the public on the consumption side, opposing government intervention in corporate ownership structures.

Litecoin Treasury Company Lite Strategy Leads $1 Million Strategic Investment in LitVM

Lite Strategy, a Nasdaq-listed Litecoin treasury company, has announced leading a $1 million strategic investment in LitVM. The investment also grants governance participation rights and potential future token subscription opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support its ability to introduce smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch. (Globenewswire)

U.S. regulators release implementation draft of the "GENIUS Act," requiring stablecoin issuers to enforce customer identification rules

the U.S. Federal Reserve, the Treasury Department, and other financial regulatory agencies have jointly released the implementation draft of the "GENIUS Act," requiring stablecoin issuers to comply with the Bank Secrecy Act (BSA) and implement Customer Identification Programs (CIP).According to the draft requirements, stablecoin issuers must verify user identities, maintain records of identity information such as names and addresses, and screen against terrorist organization and sanctions lists. The relevant rules have now entered a 60-day public comment period, and will be formally implemented after the final rule is issued.Additionally, Federal Reserve Governor Michael Barr expressed reservations about this framework, believing it inadequately addresses the risks of illegal financing in secondary market transactions. The proposal specifically solicits comments on whether customer identification requirements should be further extended to secondary market transactions. (CoinDesk)

U.S. House and Senate Reach Agreement: Housing Bill Includes Provision Banning CBDCs Through 2030

According to The Block, U.S. Senate and House leaders jointly released an updated version of the “Pathway to 21st Century Housing Act,” confirming a bipartisan agreement between both chambers. The bill’s core focus is housing affordability reform, including expanding housing supply and curbing market monopolization by corporate landlords. Notably, an attached provision explicitly prohibits the Federal Reserve from issuing or creating a central bank digital currency (CBDC) or any “substantially similar” digital asset before December 31, 2030—a clause spearheaded by Republican members of the House. The Trump administration maintains a consistent stance: Treasury Secretary Bessent has previously stated unequivocally that a CBDC is “not under consideration.” The bill will first undergo a procedural vote in the Senate and is expected to be submitted to the House for consideration after Congress resumes on June 23, following its recess; it will then proceed to the President for signature.