1.Technology Headlines

1.1Ethereum Foundation to Reorganize Ecosystem Development Team to Focus on Four Key Areas

According to the "Future of EF Ecosystem Development" released by the Ethereum Foundation on its official blog, as the Ethereum ecosystem continues to expand, the Ethereum Foundation announced that it will significantly expand and reorganize its Ecosystem Development (EcoDev) team, focusing on four major areas: ecosystem acceleration, ecosystem amplification, ecosystem support, and long-term ecosystem unlocking. New initiatives include the establishment of teams for corporate relations, developer growth, application relations and research, and founder success, while strengthening digital content production, strategic activities, local community expansion, and automated tool development. The Foundation will also optimize funding programs, promote global policy coordination, government and academic cooperation, and enhance the resilience and popularity of Ethereum technology and social infrastructure.

https://www.panewslab.com/zh/articles/wasro4fh

1.2Monad Foundation acquires stablecoin infrastructure project Portal, Portal founder Raj Parekh joins as head of payments and stablecoins

PANews reported on July 10 that according to The Block, the Monad Foundation, the developer of the Layer1 blockchain Monad, announced that it will acquire Portal Labs, a stablecoin infrastructure developer. After the transaction is completed, Portal will operate as a subsidiary, and its co-founder and CEO Raj Parekh will join the Monad Foundation as head of payment and stablecoin business.

https://www.panewslab.com/zh/articles/5gxw3888

1.3Emirates Airlines to Support Cryptocurrency Payments Next Year Through Partnership with Crypto.com

According to Decrypt, Emirates has signed a memorandum of understanding (MoU) with Crypto.com to explore the integration of the exchange's cryptocurrency payment function into the airline's payment system. According to the official announcement, the function is expected to be officially integrated next year. As early as 2022, the airline shared plans to accept Bitcoin payments. Details on the types of goods or services that Emirates will accept crypto payments for, and which crypto tokens will be accepted, have not yet been announced. It is reported that Crypto.com's merchant payment system supports more than 20 cryptocurrencies such as Bitcoin and Ethereum, as well as legal currencies such as the US dollar and the euro, and is currently used by more than 4,000 merchants. The two parties will also promote this payment function through marketing activities.

https://www.panewslab.com/zh/articles/8gg124w5

1.4Rumble to launch crypto wallet Rumble Wallet in partnership with MoonPay

According to CoinDesk, video sharing platform Rumble said that the company has reached a cooperation agreement with crypto payment service provider MoonPay to jointly launch an upcoming cryptocurrency wallet. The wallet, called Rumble Wallet, is scheduled to be officially launched in the third quarter and will integrate MoonPay's infrastructure to achieve seamless conversion between digital assets and legal currencies. Users will be able to buy, sell and exchange cryptocurrencies directly on the video platform, aiming to give content creators more control over their income methods.

https://foresightnews.pro/news/detail/77710

1.5Sei will integrate native USDC and CCTP V2

Circle tweeted that Sei will integrate native USDC with the Circle Cross-Chain Transfer Protocol (CCTP V2). This integration aims to make Sei the preferred network for enterprises and developers seeking reliable, transparent digital dollar functions and seamless cross-chain capabilities. Native USDC will provide the Sei ecosystem with a 100% reserve-backed, 1:1 USD redemption stablecoin. Sei's parallelized EVM infrastructure achieves 400 millisecond final confirmation, providing an ideal high-throughput environment for complex DeFi and gaming applications. Sei will become the 13th blockchain supported by CCTP V2, enabling near-instantaneous USDC transfers and supporting automated on-chain operations through the Hooks function.

https://foresightnews.pro/news/detail/77732

2.Industry News

2.1Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting on the development trends and response strategies of cryptocurrencies and stablecoins

The Party Committee of Shanghai SASAC held a study meeting of the central group on July 10 to study the development trends and response strategies of cryptocurrencies and stablecoins. He Qing, Secretary of the Party Committee and Director of the Shanghai SASAC, pointed out that it is necessary to fully implement the spirit of the Seventh Plenary Session of the 12th Municipal Party Committee, adhere to innovation-driven development, maintain a keen sense of emerging technologies, and strengthen research and exploration of digital currencies. Adhere to the integration of production and numbers, and explore the application of blockchain technology in cross-border trade, supply chain finance, asset digitization and other fields. Persist in hard work and improve the ability of strategic agility and strategic initiative, further promote the deep integration of science and technology, finance, and industry, better play the important role of state-owned assets and state-owned enterprises in scientific and technological innovation, industrial control, and security support, and make new and greater contributions to the construction of Shanghai's "five centers".

https://foresightnews.pro/news/detail/77760

2.2More than 50 companies in Hong Kong intend to apply for stablecoin licenses

According to Hong Kong 01, with the Stablecoin Ordinance to be officially implemented on August 1, 50 to 60 companies are interested in applying for Hong Kong stablecoin licenses, half of which are payment institutions and the other half are well-known Internet companies, most of which have Chinese backgrounds. The industry expects that only 3 to 4 licenses will be issued in the first phase, and the initial stablecoins will mainly be pegged to the Hong Kong dollar and the US dollar.

https://www.panewslab.com/zh/articles/jjux4crk

2.3Pakistan government approves Virtual Assets Act to establish independent regulatory body for licensing and supervision

According to Reuters, the Pakistani government approved the Virtual Assets Act and established an independent regulatory agency to issue licenses and supervise. Jameel Ahmad, governor of the Central Bank of Pakistan, previously stated that the Central Bank of Pakistan is preparing to launch a digital currency pilot and is finalizing legislation to regulate virtual assets.

https://foresightnews.pro/news/detail/77575

3.In-depth analysis

3.1Deputy Director of the National Financial and Development Laboratory: The development model of RMB stable currency can be "internal and external integration"

Pan Gongsheng, the governor of the central bank, pointed out in his speech at the 2025 Lujiazui Forum that new technologies such as blockchain and distributed ledgers have promoted the vigorous development of central bank digital currencies and stablecoins, while also posing huge challenges to financial supervision. In fact, with the "Stablecoin Ordinance" in Hong Kong, China about to take effect on August 1, the discussion on stablecoins has also ushered in unprecedented heat recently.

https://www.panewslab.com/zh/articles/50khm6q6