Group 1 - Standard Chartered Group has announced the launch of spot trading services for Bitcoin (XBT/USD) and Ethereum (XET/USD) through its UK branch, becoming the first global systemically important bank to offer such services [1] - Major global systemically important banks (G-SIBs) including Citigroup, JPMorgan, Morgan Stanley, and others are actively engaging in the cryptocurrency sector, with JPMorgan recently introducing a stablecoin-like token named JPMD for institutional clients [1][2] - The U.S. Congress has passed three bills related to stablecoins and cryptocurrencies, indicating a move towards more favorable regulatory policies for the cryptocurrency market [3] Group 2 - European banks such as UBS, Deutsche Bank, and HSBC are also entering the cryptocurrency space, with UBS successfully piloting a blockchain-based cross-border payment solution and Société Générale issuing a euro-based stablecoin [4] - Several international banks are forming partnerships with Chinese institutions, with HSBC launching a tokenized deposit management solution in Hong Kong and Deutsche Bank collaborating with Ant Group to explore tokenized deposits and stablecoin solutions [4] - The establishment of more platforms and subsidiaries by major banks aims to build a cryptocurrency ecosystem, with JPMorgan, Citigroup, and Société Générale creating dedicated digital asset platforms [5] Group 3 - The behavior of stablecoin users is seen as a threat to traditional banking operations, as businesses increasingly prefer to hold stablecoins for payments and liquidity management, which could weaken banks' control over funds [6] - Banks are responding by seeking to create "tokenized deposits" to enhance liquidity and customer engagement while maintaining regulatory compliance [6]

Group 1 - Ant Group denies reports of collaboration with Circle Internet Group to adopt USDC stablecoin on its blockchain platform, stating that there are currently no such plans [1] - Ant Group plans to apply for a stablecoin issuance license from the Hong Kong Monetary Authority after the Stablecoin Ordinance comes into effect on August 1 [1] - Ant Group is accelerating investments in global treasury management and expanding collaborations, integrating AI, blockchain, and stablecoin innovations into large-scale applications [1] Group 2 - Ant Group and ISDA jointly released a white paper on the use of tokenized deposits in transaction banking, promoting the development of tokenized deposits and shared ledgers in cross-border payments and foreign exchange settlements [2] - ISDA is a key standard-setting body for foreign exchange and cross-border transactions in the global banking industry, and Ant Group provides cross-border payment and fintech services to global enterprises and financial institutions [2] - Both organizations are co-leaders of the foreign exchange working group under Singapore's Monetary Authority's "Project Guardian," which includes participation from major financial institutions [2]

Core Viewpoint - Ant Group has denied recent media reports about plans to introduce Circle's stablecoin USDC on its blockchain platform, stating that there are currently no such plans in place [2]. Group 1: Ant Group's Position and Plans - Ant Group International clarified that the media reports regarding collaboration with Circle Internet Group are inaccurate and confirmed that there are no plans to adopt USDC at this time [2]. - Following the passage of the Stablecoin Bill by the Hong Kong Legislative Council, Ant Group International plans to apply for a stablecoin issuance license from the Hong Kong Monetary Authority as soon as the bill takes effect on August 1 [2]. - The company is accelerating investments in global financial management and expanding collaborations, focusing on the application of AI, blockchain, and stablecoin innovations [2]. Group 2: Strategic Partnerships and Initiatives - On June 8, Ant Group International signed a strategic cooperation memorandum with Deutsche Bank in Munich, marking a new phase in their partnership established in 2019, aimed at providing comprehensive payment solutions for businesses in Europe and Asia [2]. - On July 4, Ant Group International, in collaboration with the International Swaps and Derivatives Association (ISDA), released a white paper on the application of tokenized deposits in transaction banking, promoting the development of tokenized deposits and shared ledgers in cross-border payments and foreign exchange settlements [3]. - The collaboration with ISDA is part of the "Project Guardian" initiative supported by the Monetary Authority of Singapore, with participation from major financial institutions including Bank of New York Mellon and HSBC [3].

Important Market News - The Ministry of Commerce announced export control measures for rare earths, emphasizing their dual-use nature and compliance with international practices. China will continue to review export license applications and has approved a certain number of compliant requests [1] - As of May 2025, China's foreign exchange reserves reached $328.53 billion, an increase of $3.6 billion from April, while gold reserves rose to 7.383 million ounces (approximately 2,296.37 tons), marking a continuous increase for seven months [1] Industry Insights - Deutsche Bank is exploring stablecoins and tokenized deposits, considering options for issuing its own tokens or joining industry initiatives. The bank recognizes the potential for stablecoins, especially in the U.S. regulatory environment, and sees various roles it could play in the stablecoin sector [2] - The storage industry is experiencing a shift due to anticipated production cuts of DDR4 memory, leading to price increases and supply shortages. The demand for DDR4 remains stable in niche markets, and the overall market is expected to improve by the second half of 2025, driven by AI device demand and inventory adjustments [3] - The Ministry of Industry and Information Technology is promoting the integration of artificial intelligence and manufacturing, focusing on enhancing software and hardware capabilities. The initiative aims to accelerate the intelligent upgrade of key industries and foster innovation in industrial data and models [4][5] Company Updates - Ruoyu Chen announced a share reduction plan by its shareholder, Langzi Co., intending to reduce up to 4.768 million shares, accounting for 3% of the total share capital. The stock has seen a significant increase of 535% over the past year [5] - Silk Road Vision disclosed plans for share reductions by its executives, with specific limits on the number of shares to be sold [5] - Mindong Electric Power announced a plan to reduce 4,579,514 shares, representing 1% of its total share capital, between June 30 and September 26, 2025 [5] - *ST Haiyue received a decision from the Shanghai Stock Exchange for stock delisting, with the last trading date expected to be July 4, 2025 [6]

市场消息：德意志银行正在探索稳定币和代币化存款。 ...