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On July 14, according to the Seoul Economic Daily, the South Korean government announced in today's '2026 Second Half Economic Growth Strategy' that it will push forward the legislation of the Digital Asset Basic Act in the second half of the year to strengthen the vitality of the blockchain economy. The bill will subdivide the digital asset industry, establish a regulatory system for business activities, and lay the legal foundation for the institutionalization of stablecoins. In addition, the South Korean government's economic development strategy for the second half of the year also proposes to support the revision of the Capital Market Act to introduce spot ETFs for digital assets such as Bitcoin; research the interoperability of CBDC infrastructure with other blockchains; and formulate the National Asset Basic Act to include virtual assets in the scope of national asset management, among other plans.

[South Korean Government Plans to Advance Digital Asset Basic Act in Second Half of This Year]On July 14, according to the Seoul Economic Daily, the South Korean government announced in today's '2026 Second Half Economic Growth Strategy' that it will push forward the legislation of the Digital Asset Basic Act in the second half of the year to strengthen the vitality of the blockchain economy. The bill will subdivide the digital asset industry, establish a regulatory system for business activities, and lay the legal foundation for the institutionalization of stablecoins. In addition, the South Korean government's economic development strategy for the second half of the year also proposes to support the revision of the Capital Market Act to introduce spot ETFs for digital assets such as Bitcoin; research the interoperability of CBDC infrastructure with other blockchains; and formulate the National Asset Basic Act to include virtual assets in the scope of national asset management, among other plans.

South Korean Government Plans to Advance Digital Asset Basic Act in Second Half of This Year

On July 14, Samsung Electronics stated that it is currently not considering the possibility of issuing American Depositary Receipts.

[Samsung Electronics: No Current Consideration of Issuing ADRs]On July 14, Samsung Electronics stated that it is currently not considering the possibility of issuing American Depositary Receipts.

Samsung Electronics: No Current Consideration of Issuing ADRs

According to reports on the 14th from the Science and Technology Innovation Board Daily, SK Hynix has officially initiated mass production and shipment of 12-layer HBM4 for NVIDIA, with products entering the ramp-up phase. Unlike previous supplies that were classified as samples, this marks the first time HBM4 has completed all quality certifications in its final specification, targeting NVIDIA's next-generation AI platform 'Vera Rubin'. It is reported that starting from September, SK Hynix will formally expand the shipment scale of HBM4 to fully meet the supply demand for NVIDIA's high-end computing chips. (The Bell)

[SK Hynix Accelerates HBM4 Mass Production for NVIDIA]According to reports on the 14th from the Science and Technology Innovation Board Daily, SK Hynix has officially initiated mass production and shipment of 12-layer HBM4 for NVIDIA, with products entering the ramp-up phase. Unlike previous supplies that were classified as samples, this marks the first time HBM4 has completed all quality certifications in its final specification, targeting NVIDIA's next-generation AI platform 'Vera Rubin'. It is reported that starting from September, SK Hynix will formally expand the shipment scale of HBM4 to fully meet the supply demand for NVIDIA's high-end computing chips. (The Bell)

SK Hynix Accelerates HBM4 Mass Production for NVIDIA

On July 14, according to Bit.com market data, SK Hynix ADR surged over 6% in US pre-market trading, with gains now narrowing to 5.95%, trading at $161.42, and market cap rebounding to $1.11 trillion.

[SK Hynix ADR Pre-Market Surges Over 6%]On July 14, according to Bit.com market data, SK Hynix ADR surged over 6% in US pre-market trading, with gains now narrowing to 5.95%, trading at $161.42, and market cap rebounding to $1.11 trillion.

SK Hynix ADR Pre-Market Surges Over 6%

On July 14, according to GMGN market data, the Robinhood Chain Meme coin CASHCAT briefly broke through a market cap of $200 million, now falling back to $192 million, up over 20% in 24 hours; 24-hour trading volume reached $40.3 million. BlockBeats reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.

[CASHCAT Market Cap Briefly Surpasses $200M, Up Over 20% in 24 Hours]On July 14, according to GMGN market data, the Robinhood Chain Meme coin CASHCAT briefly broke through a market cap of $200 million, now falling back to $192 million, up over 20% in 24 hours; 24-hour trading volume reached $40.3 million. BlockBeats reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.

CASHCAT Market Cap Briefly Surpasses $200M, Up Over 20% in 24 Hours

On July 14, SK Hynix's pre-market gains in US stocks further expanded to 8.8%.

[SK Hynix Pre-Market Gains Expand to 8.8%]On July 14, SK Hynix's pre-market gains in US stocks further expanded to 8.8%.

SK Hynix Pre-Market Gains Expand to 8.8%

On July 14, according to an official announcement, Huobi HTX has launched SNXX/USDT and RAM/USDT perpetual contracts with a maximum leverage of 10x. At the same time, Huobi HTX is launching a contract trading competition for SNXX and RAM from 15:00 on July 14 to 15:00 on July 21 (UTC+8), with a total prize pool of up to $20,000. During the event, users who complete registration and participate in SNXX/USDT and RAM/USDT contract trading with a cumulative effective trading volume of ≥1,000 USDT will be eligible to share the prize pool based on their trading volume rankings. Additionally, new contract users who complete contract trading for the event tokens will receive exclusive benefits.

[Huobi HTX Lists SNXX and RAM Perpetual Contracts, Launches Contract Trading Competition]On July 14, according to an official announcement, Huobi HTX has launched SNXX/USDT and RAM/USDT perpetual contracts with a maximum leverage of 10x. At the same time, Huobi HTX is launching a contract trading competition for SNXX and RAM from 15:00 on July 14 to 15:00 on July 21 (UTC+8), with a total prize pool of up to $20,000. During the event, users who complete registration and participate in SNXX/USDT and RAM/USDT contract trading with a cumulative effective trading volume of ≥1,000 USDT will be eligible to share the prize pool based on their trading volume rankings. Additionally, new contract users who complete contract trading for the event tokens will receive exclusive benefits.

Huobi HTX Lists SNXX and RAM Perpetual Contracts, Launches Contract Trading Competition

According to monitoring by Beating, the Financial Times cited sources saying that NVIDIA has established a new customer 'whitelist' in Asia. After a new round of reviews, the number of customers authorized to purchase AI chips in Singapore, Malaysia, and Japan has been reduced by more than half. NVIDIA conducts on-site inspections of data centers, verifies contracts, and interviews end users. The focus is on preventing chips from being resold to China via third countries. Those affected are mostly new cloud service providers specializing in AI computing power. Companies that did not pass the initial review can reapply after making corrections. NVIDIA stated that compliance is always the top priority. The U.S. Department of Commerce did not respond.

[NVIDIA Tightens AI Chip Controls, Asian Buyer List Shrinks by Over Half]According to monitoring by Beating, the Financial Times cited sources saying that NVIDIA has established a new customer 'whitelist' in Asia. After a new round of reviews, the number of customers authorized to purchase AI chips in Singapore, Malaysia, and Japan has been reduced by more than half. NVIDIA conducts on-site inspections of data centers, verifies contracts, and interviews end users. The focus is on preventing chips from being resold to China via third countries. Those affected are mostly new cloud service providers specializing in AI computing power. Companies that did not pass the initial review can reapply after making corrections. NVIDIA stated that compliance is always the top priority. The U.S. Department of Commerce did not respond.

NVIDIA Tightens AI Chip Controls, Asian Buyer List Shrinks by Over Half

On July 14, people familiar with the matter said Samsung Electronics is in the early stages of exploring the issuance of American depositary receipts (ADRs). Samsung has held preliminary discussions with several banks but has not yet decided whether to proceed with the plan. Samsung will closely monitor the performance of volatile memory chip stocks during its decision-making process. If the company ultimately proceeds with a U.S. listing, its vast business portfolio and ongoing labor disputes could pose challenges to the transaction structure design. The people said Samsung has previously evaluated the possibility of issuing ADRs but ultimately decided against it. However, SK Hynix's recent successful listing in the U.S. has provided new impetus for Samsung to reconsider this option. Since the beginning of this year, Samsung's stock price has risen by about 120%, pushing the company's market value above $1 trillion. The sharp rise in the stock price already reflects high market expectations for the company's earnings growth. Samsung's preliminary results announced last week beat market expectations, but its stock price still fell sharply, highlighting the growing difficulty in meeting investor expectations. At the same time, the prospect of more new capacity coming to market is also putting pressure on chip stocks.

[Market News: Samsung in Preliminary Talks for Potential U.S. Share Sale]On July 14, people familiar with the matter said Samsung Electronics is in the early stages of exploring the issuance of American depositary receipts (ADRs). Samsung has held preliminary discussions with several banks but has not yet decided whether to proceed with the plan. Samsung will closely monitor the performance of volatile memory chip stocks during its decision-making process. If the company ultimately proceeds with a U.S. listing, its vast business portfolio and ongoing labor disputes could pose challenges to the transaction structure design. The people said Samsung has previously evaluated the possibility of issuing ADRs but ultimately decided against it. However, SK Hynix's recent successful listing in the U.S. has provided new impetus for Samsung to reconsider this option. Since the beginning of this year, Samsung's stock price has risen by about 120%, pushing the company's market value above $1 trillion. The sharp rise in the stock price already reflects high market expectations for the company's earnings growth. Samsung's preliminary results announced last week beat market expectations, but its stock price still fell sharply, highlighting the growing difficulty in meeting investor expectations. At the same time, the prospect of more new capacity coming to market is also putting pressure on chip stocks.

Market News: Samsung in Preliminary Talks for Potential U.S. Share Sale

According to Coindesk, the U.K government will not implement its proposed version of a controversial rule requiring all senders of funds to private crypto wallets to collect identification details of recipients, a document published by the Treasury said. Based on the feedback received, the Treasury does not think it would make sense to create a data collection rule for unhosted, or private, wallets, it said. "Instead of requiring the collection of beneficiary and originator information for all unhosted wallet transfers, cryptoasset businesses will only be expected to collect this information for transactions identified as posing an elevated risk of illicit finance," according to the document. The U.K. government still wants to ensure some form of compliance with the FATF's travel rule, which recommends some amount of data collection to prevent money laundering.

Detail

【UK Government Backtracks on Unhosted Wallet Data Collection Proposal】According to Coindesk, the U.K government will not implement its proposed version of a controversial rule requiring all senders of funds to private crypto wallets to collect identification details of recipients, a document published by the Treasury said. Based on the feedback received, the Treasury does not think it would make sense to create a data collection rule for unhosted, or private, wallets, it said. "Instead of requiring the collection of beneficiary and originator information for all unhosted wallet transfers, cryptoasset businesses will only be expected to collect this information for transactions identified as posing an elevated risk of illicit finance," according to the document. The U.K. government still wants to ensure some form of compliance with the FATF's travel rule, which recommends some amount of data collection to prevent money laundering.

UK Government Backtracks on Unhosted Wallet Data Collection Proposal

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

Behind ANSEM's 300% Weekly Surge: The Recovery and Traps of Solana Meme Coins

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Meme Season Arrives on Robinhood Chain, but 'Scythes' Are Also Entering the Field

UK Government Backtracks on Unhosted Wallet Data Collection Proposal

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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