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Cboe BZX Exchange is seeking approval from the U.S. SEC to list a set of leveraged commodity ETFs, including daily leveraged products that provide 3x long exposure to Bitcoin and Ethereum. According to the proposed rule change document submitted on Friday, Cboe plans to launch the 3x Gold ETF, 3x Silver ETF, 3x Bitcoin ETF, 3x Ether ETF, 3x Crude Oil ETF, and 3x Natural Gas ETF.These funds will primarily achieve their objectives by holding CME or COMEX futures contracts and using cash and cash equivalents as collateral, aiming to deliver 3x returns corresponding to the daily performance of the underlying assets. Since the related products do not comply with the exchange's general listing standards regarding leveraged products, Cboe needs to apply for approval through special rules. Such highly leveraged funds are typically aimed at sophisticated investors for short-term tactical trading and are not suitable for long-term holding.The document also indicates that these funds will operate in the form of a "commodity pool," subject to CFTC regulation, rather than as an investment company under the 1940 Act regulated by the SEC, like many traditional ETFs. Commodity pools typically aggregate funds from multiple investors to trade derivatives or other commodity-related instruments.

According to Bloomberg, the stablecoin payment company RedotPay has postponed its plans for an IPO in the United States. Sources reveal that the company previously aimed to complete its IPO as early as this year, but the listing date may now be delayed until next year or even later. RedotPay needs to obtain regulatory approval from the country where it operates before advancing its IPO, and the company is also facing related legal issues that need to be addressed.

Bitwise CEO posted on the X platform that a large bank has allowed customers to borrow against the Bitwise Solana Staking ETF (BSOL), with a maximum loan-to-value ratio of 25%. He expressed his pleasure in seeing cryptocurrency continue to integrate into the mainstream financial system.

Cregis Custody FZE announced that it has received the In-Principle Approval (IPA) granted by the Dubai Virtual Assets Regulatory Authority (VARA), marking a significant milestone in its application for a Virtual Asset Service Provider (VASP) license.Upon completing the subsequent regulatory requirements and obtaining final approval, Cregis Custody FZE will launch regulated digital asset custody services.

According to Fox News, the U.S. Treasury Department has removed certain sanctions related to Iran from its website. A Treasury official stated, "This does not represent any change in U.S. policy toward the Iranian government, the Islamic Revolutionary Guard Corps Quds Force, any designated terrorist organizations or their supporters or agents. Today's removal is part of normal administrative procedures and was conducted after reviewing specific circumstances related to Fly Baghdad."Earlier, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) published an "Update on the Revocation of Terrorism Designation," lifting certain sanctions related to Iran, including removing Fly Baghdad from the sanctions list. Fly Baghdad was previously listed on the anti-terrorism sanctions list due to its association with the Iranian Islamic Revolutionary Guard Corps Quds Force.

Telegram founder and CEO Pavel Durov stated that Telegram was briefly removed from the App Store by Apple recently due to a user embedding illegal pornographic content in a public group. The app was restored within hours.Durov mentioned that the attackers exploited a technical vulnerability to insert AI-modified illegal content into old messages in active groups, hiding the content by editing historical messages, making it difficult for regular group members to discover and report it in a timely manner. Such attacks are classified as "takedown extortion," where attackers use automated accounts to embed violations in public groups and report them to platforms like Apple, attempting to force group administrators to pay a ransom, or else the community would be banned due to platform rules.Durov further explained that Telegram continuously combats illegal content through user reports, AI filtering, content hashing, and other mechanisms. This incident is not a systemic issue of the platform but rather a targeted attack exploiting rule loopholes by the attackers.He also warned that Apple's direct removal of the app without prior contact with Telegram could pose risks to all mobile applications that provide user-generated content (UGC), and platform developers need to enhance their defenses against malicious reporting and "takedown attacks."

According to Jinshi, U.S. President Trump stated that nothing can enter Iran without U.S. approval.

Hong Kong licensed cryptocurrency exchange HashKey Exchange has received approval from JPMorgan to open client fund accounts. HashKey Holdings stated that these accounts will support client fund segregation and settlement through JPMorgan's banking infrastructure.HashKey Exchange activated its client fund accounts with DBS Bank in Singapore on June 30, supporting fiat currency deposits, withdrawals, and settlement services. One week ago, HashKey Holdings merged the previously independent HashKey Exchange and HashKey Global applications into a single entry point.HashKey Holdings went public in Hong Kong last December, raising $206 million through an oversubscribed initial public offering.

According to a report by the Korean News Agency, a poll released on Monday shows that due to the impact of the stock market crash and other controversies, South Korean President Lee Jae-myung's approval rating has fallen to its lowest level since he took office in June last year. This poll, conducted by Realmeter and commissioned by the media EKN, indicates that the public's positive evaluation of Lee Jae-myung has decreased by 0.4 percentage points to 45.9%, marking a decline for the third consecutive week. The public's negative evaluation of Lee Jae-myung has risen by 1 percentage point to 50.5%, breaking the critical 50% mark for the first time.Another poll conducted by the same polling agency shows that the approval rating of the ruling Democratic Party is at 45.1%, an increase of 3.8 percentage points from the previous week; while the approval rating of the main opposition party, the People Power Party, has decreased by 2.9 percentage points to 37.7%.

According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended its decision to approve the Nasdaq cash-settled Bitcoin index options (QBTC) and will re-examine it in response to a legal challenge raised by the Chicago Mercantile Exchange (CME). The SEC has frozen the approval until August 24, seeking feedback from all parties. QBTC will remain suspended until the commission completes its review.The SEC conditionally approved the product for listing in May this year, but it requires an exemption from the CFTC. The CME raised objections in June, arguing that Bitcoin is a commodity and its options should fall under the exclusive jurisdiction of the CFTC, not the SEC. If the CME's claim is established, Nasdaq would need to register as a futures platform regulated by the CFTC or redesign the contracts.

According to Jinshi reports, Trump has ordered a new round of attacks on Iran, aiming to force Tehran to surrender, with actions possibly starting as early as this weekend and lasting for several days. In an interview, Trump stated that the strikes by Washington and Israel against Iran are "progressing smoothly." Additionally, due to the ongoing war in Iran and soaring gasoline prices, Trump's approval rating has dropped to 40.6% this month, a new low since his second term began.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Los Cabos Open: Cameron Norrie vs. Denis Shapovalov," the option "Cameron Norrie" in the sub-market "Los Cabos Open: Cameron Norrie vs. Denis Shapovalov" experienced a sharp fluctuation in winning probability, plummeting from 42.5% an hour ago to the current 24.5% (a fluctuation of 18%). Please note the impact of relevant breaking news.

According to Jinshi reports, political analyst Nate Silver stated that due to the unpopular Iran war continuing and the surge in gasoline prices, President Trump's approval rating has dropped to a new low this month since his second term began.He said: "The timing coincides closely with gas prices and the resurgence of the Iran conflict." As the war approaches six months, the American Automobile Association (AAA) reports that as of Friday morning, the average price of gasoline in the U.S. is about $4.11 per gallon, up from about $3.15 a year ago.According to average polling data from Decision Desk HQ, as of Friday morning, Trump's overall average approval rating is 40.6%, with an average disapproval rating of 57.5%. A Quinnipiac University survey shows that 60% of American voters oppose the war, marking the highest opposition rate since the conflict began on February 28.Nearly three-quarters of Americans say they do not support sending U.S. troops to Iran. An AP-NORC poll also shows that 64% of Americans believe the war is "not worth it." Among them, 87% of Democratic voters, 37% of Republican voters, and 68% of independent voters hold this view.

According to Cointelegraph, London asset management company Aviva Investors has launched its dollar liquidity fund tokenized shares on the XRP Ledger after receiving approval from the Central Bank of Ireland. Qualified investors can participate through digital wallets, with the underlying assets of the fund still held by the custodian, BNY Mellon, while Komainu provides digital asset custody and Licuido offers tokenization infrastructure.The fund invests in high-rated short-term dollar-denominated debt securities and money market instruments, with tokenized shares having the same investment objectives and liquidity characteristics as traditional funds.

Terry Duffy, Chairman and CEO of CME Group, stated that the approval of perpetual futures contracts in the United States may expose traders to tax and regulatory uncertainties, as the related products may ultimately be classified as swaps rather than futures. Duffy noted that the long and short parties in perpetual contracts regularly exchange funding rates, a mechanism that aligns with the statutory definition of swaps under U.S. law.The Commodity Futures Trading Commission (CFTC) currently classifies them as futures, and CME is legally challenging this approval with the CFTC. Duffy pointed out that if perpetual contracts are treated as futures, some institutional traders may be subject to the mixed tax treatment under Section 1256 of the U.S. tax code; if classified as swaps, they may be taxed under ordinary tax rules. The Internal Revenue Service (IRS) has yet to issue specific guidance on the tax treatment of perpetual futures. Legal experts indicate that perpetual futures are structurally similar to swaps but economically function like futures, and the court's interpretation of the relevant definitions will be crucial. Even if litigation clarifies the product classification, the IRS may still need to issue separate guidance on tax treatment.

According to BBX data, yesterday the global digital infrastructure and cryptocurrency reserve companies welcomed significant developments in capital operations, technology security, and treasury clearing. The core content is as follows:Satsuma shareholders overwhelmingly approved the liquidation of Bitcoin and delisting: Shareholders of Satsuma Technology, the second-largest publicly listed Bitcoin reserve company in the UK, voted with a high approval rate of 90% to approve the sale of all 668 BTC (fair value approximately $43.5 million), return capital to investors, and delist from the London Stock Exchange (LSE). According to the timeline, the company is expected to cancel its listing on September 14, 2026, with fund clearing and CREST transfers to be completed by September 28. The company's Bitcoin treasury strategy lasted less than a year, and its stock price has fallen over 99% from its peak.Ionic Digital received SEC approval for direct listing on July 28: Digital infrastructure company Ionic Digital officially announced that its S-1 registration statement has been formally approved by the U.S. SEC and is expected to begin trading its Class A common stock on the Nasdaq Global Select Market on July 28, with the stock ticker "IOND." This listing will adopt a direct listing model, and the company will not publicly offer any new shares. Ionic Digital's core business focuses on providing next-generation data center solutions for AI and high-performance computing (HPC).Galaxy launches a $5 million "Bitcoin Quantum Readiness Initiative": Digital asset giant Galaxy announced the launch of the "Bitcoin Quantum Readiness Initiative," intending to invest up to $5 million in developer funding to promote the evolution of the Bitcoin network towards quantum attack resistance. The initiative consists of three core components: first, funding the development of post-quantum cryptography (PQC) solutions; second, conducting specialized research on quantum computing and network security by Galaxy Research; third, forming an expert advisory committee to advance academic discussions on the underlying roadmap.

According to Theenergymag, Bitcoin mining company Ionic Digital expects its stock to begin trading on the Nasdaq Global Select Market on July 28, after the U.S. Securities and Exchange Commission (SEC) announced that its registration statement has officially taken effect, clearing the last major regulatory hurdle for the company's long-term listing plan.According to the statement released by the company, Ionic's stock ticker will be "IOND." Ionic has chosen a direct listing instead of a traditional initial public offering (IPO), which means the company will not issue new shares and will not receive financing proceeds from this transaction. Instead, existing registered shareholders will be able to sell their shares on the open market.Ionic was initially established to take over the Bitcoin mining assets from Celsius's legacy, and the company later began to transform itself, positioning itself as a broader digital infrastructure company that provides services for artificial intelligence (AI) and high-performance computing (HPC) workloads.Earlier this month, Ionic filed its Form S-1 registration statement for the first time. Before the listing, the company had raised approximately $400 million to support data center construction and to drive the business transition from Bitcoin mining to a broader digital infrastructure sector.

HSBC has received approval from the Bank of England to operate in the UK's Digital Securities Sandbox (DSS), and its digital asset platform HSBC Orion will support the issuance, servicing, and settlement of digital securities. HSBC stated that HSBC Orion will operate as a digital securities custodian in the DSS and claimed to be the first company approved by the Bank of England to launch in this sandbox.The platform will support the issuance of native digital bonds, including the Digital Gilt Instrument (DIGIT) and corporate bonds planned for launch in the UK. HSBC stated that HSBC Orion has facilitated over $5 billion in digital bond issuances globally. The UK Treasury indicated that the first DIGIT transaction is expected to take place in the first quarter of 2027, and HSBC has signed a memorandum of understanding with the London Stock Exchange Group to develop connectivity capabilities to support investor participation in pilot issuances.

According to Bloomberg, optical module company Zhongji Innolight Co. has received approval from the China Securities Regulatory Commission and the Hong Kong Stock Exchange to plan for a listing in Hong Kong, which is expected to become one of the largest IPOs in the Hong Kong market in recent years.It is reported that Zhongji Innolight received approval for its Hong Kong listing plan from Chinese securities regulators on July 17, having previously obtained listing permission from the Hong Kong Stock Exchange.If the listing is successfully completed, the company is expected to raise up to $8 billion, making it one of the most watched new stock projects in the Hong Kong capital market in recent years. Zhongji Innolight is primarily engaged in the research and manufacturing of high-speed optical communication modules, benefiting from the global wave of AI data center construction, with rapidly growing demand for 800G and 1.6T high-speed optical modules.The market believes that this listing in Hong Kong will further enhance the company's international capital influence and provide financial support for expanding its global AI infrastructure supply chain layout.

According to The National, the UK fintech company Revolut has received in-principle approval from the Dubai Virtual Assets Regulatory Authority to provide cryptocurrency-related services in the UAE, including brokerage, asset management and investment, as well as exchange operations.Revolut stated that this approval lays the foundation for launching virtual asset services under a regulated framework.