RBC expects Bank of Canada to maintain 2.25% interest rate unchanged on Wednesday

According to CoinPost, on July 15th, the Japanese Senate passed partial amendments to the Financial Commodity Trading Act and the Fund Settlement Act, defining encrypted assets as financial commodities. The cryptocurrency exchange operator has been renamed as a cryptocurrency trading operator, and the maximum sentence for unregistered sales has been increased to no more than 10 years, with fines raised to no more than 10 million yen. The amendment introduces regulations on insider trading of encrypted assets, requiring specific issuers of encrypted assets to regularly disclose information. In terms of tax system, encrypted assets will be subject to separate taxation with a tax rate of about 20% from comprehensive taxation, and losses will be allowed to be carried forward for 3 years. It is expected to be implemented from January 1, 2028.

Liang Wenfeng's controlled Huanfang Quantitative used 153 private equity products to participate in Changxin Technology's offline new listing at a price of 8.78 yuan per share. Changxin Technology will start subscription this Thursday, with an expected issuance of 6.688 billion shares. If the market value reaches 2 trillion to 5 trillion yuan after listing, the profit from winning the lottery will be about 10000 to 33000 yuan.

The internal assessment of the US Department of Defense shows that the cost of the war with Iran is between $80 billion and $100 billion, which is three times higher than the previous estimate of $30 billion. The Pentagon is seeking $68 billion in supplementary budget appropriations to sustain operations until this fall, when Congress will review a new budget proposal worth $1.5 trillion.

According to Bloter, Samsung Electronics has started internal research on the plan to issue ADRs in the United States and evaluate the operational process. Bloomberg reported on July 14th that Samsung Electronics has held preliminary discussions with multiple investment banks regarding listing in the United States through ADR. Samsung Electronics responded that it has not considered listing in the US market through ADR issuance. On July 15th, semiconductor industry sources revealed that Samsung Electronics' management has requested relevant departments to study a feasible framework for issuing ADRs. Samsung Electronics' personnel have inquired about the situation with SK Hynix, which has recently completed ADR issuance and listed on NASDAQ.

According to CryptoQuant data, the dominance rate of long-term Bitcoin holders has reached its highest level in 30 months. （Cointelegraph）