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Core Summary The Depository Trust & Clearing Corporation (DTCC), the core clearing infrastructure for U.S. securities markets, has launched its first production trades of tokenized stocks and U.S. Treasuries. JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft, Circle, and SPY shares will also be tokenized. This marks a milestone step for traditional financial infrastructure embracing blockchain technology. Event Details According to The Wall Street Journal, DTCC’s production trades involve multiple top-tier global financial institutions including JPMorgan, BlackRock, and Goldman Sachs. This represents DTCC’s first application of tokenization technology in a production environment for real trades, rather than previous pilots or proofs of concept. ...

Core Summary Iran issued its most forceful warning yet on July 15, threatening to halt all energy exports across the Middle East after the United States reimposed a naval blockade on Iranian ports. The statement escalates the US-Iran confrontation to dangerous new heights, directly threatening global oil supply stability. International crude prices surged sharply following the announcement, with Brent crude briefly exceeding $130 per barrel. Analysts warn that continued deterioration could trigger a severe global energy supply shock. ...

Core Summary Japan’s parliament passed a landmark cryptocurrency tax reform bill on July 15, dramatically reducing the tax rate on crypto assets from the current maximum of 55% under the comprehensive income tax to a separate rate of approximately 20%, aligning with rates applied to stocks and foreign exchange. The reform fundamentally reclassifies crypto assets from “miscellaneous income” to “financial products,” removing the biggest institutional barrier to Japan’s crypto industry growth. ...

The UK government has proposed a social media curfew for older teens, though they can opt out of restrictions. Campaigners criticize the policy as piecemeal.

President Trump reverses plan to impose 20% toll on Strait of Hormuz cargo just 24 hours after announcement, while maintaining blockade on Iranian ports.

The Ethereum Foundation’s privacy team has officially spun out as a for-profit company EthSystems, focusing on providing Ethereum privacy solutions and consulting services for institutional investors.

The US House of Representatives overwhelmingly passed a bill to make Daylight Saving Time permanent, ending the century-old practice of changing clocks twice a year.

The US-UK transatlantic digital asset taskforce has released a roadmap promoting cooperation in stablecoin innovation and tokenized assets.

IBM shares plunged over 25% on July 14, marking the company’s worst single-day decline since its founding in 1911. The crash was triggered by a pessimistic earnings preannouncement exposing the struggles of legacy tech giants in the AI era.

Microsoft released a record-breaking 570 security patches on July Patch Tuesday, addressing vulnerabilities across Windows and related products, including 3 zero-day exploits already under active attack.