News linked to this event type.
Odaily News: Capital One stated in its latest court filing that the closure of Trump-related accounts in 2021 was based on anti-money laundering (AML) reviews and banking regulatory requirements, rather than political reasons, and requested the court to dismiss the lawsuit filed by Trump's side.The lawsuit was filed by Trump's financial holding company shortly after he took office for the second time. Trump's side alleged that Capital One illegally closed his accounts for political reasons following the Capitol riot, characterizing the move as "debanking."Trump's legal team stated that Capital One and other major banks debanked Trump, his family, and his businesses "for obvious political reasons," and said they would continue to pursue the litigation. Capital One responded that the account closure decision was made after months of analysis and reviewed by the bank's anti-money laundering team in accordance with internal policies and regulatory guidelines.Capital One disclosed that it never publicly announced the account termination decision or the internal review process, and gave Trump-related businesses several months to find new banking services. Trump previously held more than 300 accounts at the bank, covering multiple Trump-branded businesses including golf courses and wineries. Trump had maintained a banking relationship with Capital One for over a decade. The account closures were not a political statement, but rather because certain account activities triggered anti-money laundering risk reviews. The case will ultimately depend on whether the court accepts Capital One's explanation of compliance review and risk management.Trump has also previously sued JPMorgan Chase, accusing the bank of ceasing to provide banking services for political reasons after he left office. Both banks have denied cutting ties with Trump, his family, and related businesses due to political factors. (Fortune)
Prediction market platform Kalshi has announced a partnership with compliance technology company Comply to provide enterprise clients with prediction market trading monitoring and compliance management tools. Comply will integrate prediction market trading data from Kalshi into its regulatory software system. Enterprises using Comply's services will be able to review employees' trading activities in event contracts to ensure compliance with company trading policies and prevent trading based on material non-public information (MNPI). This compliance capability will also extend to perpetual futures contracts launched by Kalshi in the future. (CNBC)
According to CoinDesk, the 30-day implied volatility index BVIV, which measures expected volatility in the Bitcoin options market, has continued to decline, now falling to 36%, the lowest level since May 31, significantly down from the high near 60% in early June. Recent influencing factors include the Coldcard wallet attack incident involving tens of millions of dollars, weak institutional demand, and uncertainty in the regulatory and macroeconomic environment, but there are no obvious signs of panic in the market. However, volatility has mean-reverting characteristics. When the indicator falls to historical lows, a rebound often follows. Currently, BVIV has approached levels that have previously formed support multiple times. If volatility rebounds quickly in the future, it may be accompanied by a significant directional move in Bitcoin; whether up or down, traders need to remain vigilant.
据 The Block 报道，德克萨斯州州长 Greg Abbott 本周一下令要求公用事业委员会（PUCT）及电网运营商 ERCOT 对州内所有在队列中的数据中心项目展开审计，ERCOT 随即暂停了原定本月公布结果的"Batch Zero"大型用电审批流程。目前数据中心申请占 ERCOT 474GW 互联队列的约 90%。 Bernstein 分析师在周二发布的客户报告中指出，此次监管审查将抑制投机性开发、压缩新增电力容量供给，从而提升已获批电力容量的稀缺价值，利好现有比特币矿企及 AI 运营商。报告点名 Cipher Digital（CIFR）、CleanSpark（CLSK）及 Core Scientific（CORZ）受审计影响较大，因其近期扩张计划依赖德州电网接入；而 Terawulf（WULF）因电力资产分布于肯塔基、马里兰及纽约等多州，抗风险能力较强；Riot Platforms（RIOT）和 IREN 则因已在 ERCOT 拥有大规模获批运营资产而受益。
According to CNBC, the European Commission officially gained the power to investigate, restrict, and fine AI models this Sunday, marking the latest progress in the phased implementation of the 2024 EU AI Act. Under the new rules, the European Commission can require AI companies to submit assessments before publicly releasing models in Europe and has the authority to restrict their EU market access. Violating companies face fines of up to €15 million or 3% of annual turnover (whichever is higher). The new rules apply to all companies providing general-purpose AI models within the EU, regardless of their headquarters' location, and non-EU companies must designate an authorized representative within the EU. Anthropic, OpenAI, and Google are all covered by the new rules. Currently, the EU has been seeking access to Anthropic's Mythos model for several months and has entered into negotiations with OpenAI and Anthropic regarding cyber attack issues triggered by their AI models.
Odaily News The U.S. crypto market structure bill, the CLARITY Act, enters a critical week. According to Senate procedure, if lawmakers still hope to proceed into the August recess as planned, Senate Majority Leader and Republican Senator John Thune needs to file a motion to proceed on Tuesday to schedule a procedural vote for Thursday. John Thune said on Monday that the Senate may stay in session until it completes a series of pending matters, including a stopgap government funding measure, the Russia sanctions bill, nominations, the college athletics bill, and a procedural vote on the crypto market structure bill. Republicans are currently uncertain whether they can secure the 60 votes needed to begin debate and allow for amendment discussions.
According to The Bell, Alexander Samoilov, an official from the 12th Center of the Federal Security Service of Russia (FSB), disclosed at the KROS Network Technology Annual Conference held in Sochi in May 2026 that the FSB plans to extend SORM (System for Operative Investigative Activities) installation requirements to cryptocurrency exchanges and gaming platforms, mandating them to share user data with security departments in real-time. It is worth noting that Samoilov also admitted that although 10 years have passed since the "Yarovaya Law" was enacted in 2016, the implementation rate of relevant provisions is only about 80%, and market participants believe this estimate is still on the high side. According to The Bell's investigation, after the Crocus City Hall terrorist attack, the FSB's Second Service further strengthened its control over the Russian internet by taking the opportunity of a large-scale inspection of the SORM system.
Odaily News, According to blockchain detective Specter's monitoring, it has identified a cluster of wallets holding 28,600 BTC, valued at approximately $1.8 billion, suspected to be related to wallets previously attributed to the Zhimin Qian money laundering case. A few weeks ago, a Bitcoin wallet that had been dormant since 2017 transferred 1,020 BTC, valued at approximately $60 million, and began distributing funds to multiple addresses in a manner consistent with money laundering patterns. After tracing these transactions, Specter discovered that the related wallet cluster connects to addresses publicly associated with the UK's investigation into Zhimin Qian. Between 2014 and 2017, Zhimin Qian organized large-scale investment fraud in China, with over 128,000 victims. UK authorities later traced substantial criminal proceeds flowing into Bitcoin, and the Met Police ultimately seized 60,000 BTC, marking the largest cryptocurrency seizure in UK history at the time. In July 2021, UK authorities transferred the seized BTC, creating identifiable on-chain links. Following the recent transfer of 1,020 BTC, Specter identified additional wallets that collectively hold 28,600 BTC, valued at approximately $1.8 billion, and these wallets have remained largely dormant since June 2021. Based on on-chain evidence, it remains unclear whether these wallets are still controlled by the same actor, other custodians, or have already been identified by law enforcement.
According to Bitcoin.com, Fireblocks released the 2026 "Financial Grid" survey report, covering over 600 executives. The report shows that 99% of Continental European institutions and 100% of UK institutions expect regulatory policies to support digital asset development. Influenced by the clarity of the MiCA regulatory framework, 53% of European institutions have completed capital commitments before 2026, higher than the global average of 42%; as the UK's regulatory framework is still being formulated, this proportion is only 36%, but an additional 59% of UK institutions plan to complete budget allocations within 2026. In terms of product strategy, European institutions lead in tokenized money market funds (62% vs 45%) and tokenized securities; the UK is more aggressive in stablecoin issuance, with 50% of institutions planning to issue stablecoins independently, higher than Europe's 40%. Both markets list 24/7 settlement and real-time payments as primary application scenarios.
According to CNN reports, U.S. Democratic Senators Warren and Blumenthal have requested the U.S. Securities and Exchange Commission (SEC) to investigate the "TRUMP" Meme coin issued by Trump to confirm whether the project involves fraud or improper profit. In a letter to SEC Chairman Paul Atkins, the two stated that the Trump Meme coin project "may constitute an illegal scam," and requested the regulatory agency to investigate whether the token involves "illegal fraudulent conduct or facilitates improper profit acquisition." Warren and Blumenthal focused in the letter on whether the project resembles a "Rug Pull" (exit scam) in the crypto industry. They believe that even if it is not a sudden divestiture-style rug pull in the traditional sense, it may still belong to a "soft rug pull" that causes investor losses by gradually withdrawing market support. The SEC should investigate whether the Trump Meme coin poses fraud risks and prevent investors from continuing to suffer losses. As of now, the SEC has not commented on this.
Odaily News: U.S. Democratic Senator Alex Padilla plans to introduce new legislation that would prohibit presidents from offering paid services that provide users with early access to their public statements or social media posts. The bill targets a recently launched paid service by Trump Media & Technology Group that allows users to receive real-time alerts on posts from Trump and other figures on social platforms, some of which may involve information affecting financial markets.Alex Padilla stated that Trump's public remarks should not be sold as an "early trading advantage" to specific paid users. He believes that if market participants can gain faster notifications of presidential statements through payment, it could create an unfair information gap. As of now, Trump Media & Technology Group has not responded to the legislative proposal.
据福布斯报道，美国联邦通信委员会（FCC）于 2026年 7月 27 日正式宣布，禁止进口外国制造的 AI 人形机器人，理由是国家安全威胁。FCC 将这类设备定性为"特洛伊木马"——其搭载的高精度传感器可持续采集用户家庭及企业的敏感数据，并将其传输至境外实体，存在被用于大规模监控或情报活动的风险，且相关设备还可能遭远程操控。 禁令虽针对所有外国制造商，但实际上对中国影响最为显著，因中国目前在全球 AI 人形机器人市场占据较大份额。推动本土制造业发展亦是此次禁令的重要次要目标。
Odaily News – New York Judge Jed S. Rakoff has denied the emergency temporary restraining order request filed by the U.S. Commodity Futures Trading Commission (CFTC), which sought to block New York State from continuing its enforcement case against prediction market operator Kalshi. The ruling dismissed the request without prejudice, and the CFTC may resubmit its motion to Judge Victor Marrero on August 7. Rakoff held that the CFTC failed to demonstrate a substantial likelihood of success on the merits, nor did it establish irreparable harm. New York Attorney General Letitia James filed a lawsuit against Kalshi last Friday, alleging that the company operates an illegal and unlicensed gambling business by offering contracts tied to sports, elections, and other events. The New York State Gaming Commission had already issued a cease-and-desist order to Kalshi in October 2025. The case centers on whether federal commodities law preempts state-level gambling enforcement over event contracts, with state regulators arguing that the relevant contracts constitute wagering, while the CFTC and Kalshi maintain that they are derivatives subject to the CFTC's exclusive jurisdiction.
Odaily News, Citrini analyst jukan posted on X platform, according to TrendForce's latest memory industry research, the DRAM supply shortage is expected to persist through 2027, and the HBM4e certification timeline remains uncertain. NVIDIA has been reassessing the HBM configuration for Rubin Ultra since the third quarter of 2026.The original plan called for a 12-layer stacked HBM4e configuration, but NVIDIA is currently evaluating multiple designs in parallel, including HBM4e 8-layer stacking, HBM4 12-layer stacking, and HBM4 8-layer stacking, with the final specifications yet to be confirmed. In addition to NVIDIA, some CSPs are reportedly also considering reducing HBM capacity for their next-generation custom ASICs.From 2025 to the first half of 2026, NVIDIA used 12-layer stacked HBM4e as the baseline design for Rubin Ultra. However, since the beginning of the third quarter of 2026, NVIDIA has begun reviewing lower-spec alternatives. TrendForce attributes this change to two major supply-side constraints: first, the overall DRAM shortage expected in 2027 will limit the wafer capacity that memory manufacturers can allocate to HBM production; second, uncertainty remains regarding the certification timeline for 12-layer stacked HBM4e and the pace of yield improvement in mass production.TrendForce stated that NVIDIA's primary focus for the Rubin Ultra generation is improving I/O speed, with expanding GPU shipments as a secondary priority. If NVIDIA ultimately decides to downgrade the HBM specifications, it is expected to do so by reducing the number of DRAM stacking layers. Whether HBM4e can complete certification and enter mass production as planned will determine whether Rubin Ultra's I/O speed can be improved from the previous generation Rubin's 8 to 11.7Gbps to 14 to 16Gbps, or be maintained at 11 to 12Gbps through an optimized HBM4 design. Within the same product generation, the number of DRAM stacking layers determines the trade-off between HBM capacity per GPU and the number of GPUs that can be shipped.TrendForce also believes that the final configuration will depend on wafer allocation decisions made by memory manufacturers. On the supply-demand front, HBM bit shipments in 2027 are expected to grow 50% to 60% year-over-year, but are still projected to fall short of demand growth. With supply constraints persisting, HBM suppliers are expected to maintain pricing power throughout 2027. The industry has broadly anticipated significant HBM price increases, and AI chip makers will face the dual pressure of limited HBM supply and rising procurement costs, further strengthening the incentive to adopt lower HBM capacity configurations.
According to Edaily, South Korea announced the 2026 tax reform plan, which does not include arrangements for deferring crypto asset taxation. If the bill is passed by the National Assembly, starting from January 1 next year, the portion of annual trading gains from crypto assets exceeding 2.5 million won will be taxed separately at a rate of 22%, with the first declaration and payment expected in May 2028. This policy has previously been postponed multiple times due to insufficient supporting systems and infrastructure, and the outcome of the National Assembly's deliberation still needs to be monitored.
Bloomberg columnist Shuli Ren wrote on Tuesday that the South Korean stock market recently plummeted nearly 40% within 27 trading days at one point, triggering a market reassessment of its investment value. Although Samsung Electronics and SK Hynix still benefit from artificial intelligence chip demand and the KOSPI valuation remains at a low level, market focus has shifted from corporate fundamentals to trading mechanisms, regulatory capabilities, and policy credibility.
Odaily News: Former U.S. Representative George Santos has reached a settlement with the U.S. Commodity Futures Trading Commission (CFTC). According to the July 31 order, Santos must disgorge $17,569.98, pay a $17,500 civil monetary penalty, and is prohibited from trading on any CFTC-regulated entity for three years. The CFTC found that Santos made misleading public statements and material omissions while trading event contracts on the prediction market platform Kalshi related to whether he would attend President Donald Trump's State of the Union address. Santos neither admitted nor denied the findings or conclusions in the order. Trading records show that Santos opened an account on February 11 and traded only that contract, first purchasing Yes contracts and profiting $3,448.43, then continuing to publicly state he would attend after flights and trains were canceled, while purchasing No contracts. That position ultimately earned $14,390.57. Kalshi stated that it had detected the related activity, frozen the account, and provided evidence to the CFTC.
According to TechFlow Research, Goldman Sachs' July AI Adoption Tracker Report shows that the U.S. corporate AI adoption rate rose to 21.5%, an increase of 0.9 percentage points from the previous month, and is expected to reach 24.3% in six months. The Gallup survey shows that 47% of U.S. employees stated that their organizations have adopted AI, higher than 41% in the previous quarter. Semiconductor revenue is expected to reach $834 billion by the end of 2026; AI-related hardware investment has surpassed 2022 levels, reaching $463 billion, accounting for 1.4% of GDP. Data center-related construction jobs have increased by 290,000 since 2022, with an average monthly increase of about 14,000. Layoffs caused by AI cumulatively reached 102,000 in the first half of the year. Goldman Sachs believes that AI is moving from the proof-of-concept stage to the actual deployment stage, economic penetration is accelerating, but the labor impact remains concentrated in specific industries. Academic research shows that AI boosts productivity by an average of about 23%, and industries with higher adoption rates have shown signs of accelerated productivity growth. Goldman Sachs' judgment is that AI is reshaping the economic structure, and the market may be underestimating the depth of AI's integration into the economic system. Goldman Sachs Research Report Analysis: Corporate AI adoption rate rose to 21.5%, data center construction jobs increased by 290,000.
New York Supreme Court Justice Melissa A. Crane ruled that, since the relevant case has been transferred to federal court, the preliminary injunction motion previously filed by New York State against Kalshi is now moot and therefore dismissed the motion. The court also noted that if the case is remanded to state court in the future, the relevant motion may be resubmitted.
Odaily News The market expects SK Hynix to announce a more detailed shareholder return plan as early as the evening of August 4, Korea Standard Time, including measures such as dividends, share buybacks, and cancellations. Analysts believe the company's previous failure to disclose related plans may be linked to U.S. SEC information disclosure restrictions following its ADR listing on July 10, and the plan is expected to be officially announced after the approximately 25-day quiet period ends. Market participants stated that a clear shareholder return policy would help boost investor confidence and drive further valuation re-rating of the company. (The Korea Economic Daily)