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Gold T+D of Shanghai Gold Exchange closed down 0.42% at 771.76 yuan/g on July 4 (Friday); Silver T+D of Shanghai Gold Exchange closed up 0.24% at 8887.0 yuan/kg on July 4 (Friday).

2025-07-04

Gold T+D of Shanghai Gold Exchange closed down 0.42% at 771.76 yuan/g on July 4 (Friday); Silver T+D of Shanghai Gold Exchange closed up 0.24% at 8887.0 yuan/kg on July 4 (Friday).

Other News
2025-07-04

Canada's finance minister rules out reinstating digital tax.

Canada's finance minister rules out reinstating digital tax.
2025-07-04

1. Robinhood CEO: OpenAI and SpaceX's "stock tokens" are derivatives, not equity. 2. Beijing North Securities: Reached strategic cooperation with Guofu Quantum, focusing on virtual assets and digital currency business. 3. In the first half of the yea

1. Robinhood CEO: OpenAI and SpaceX's "stock tokens" are derivatives, not equity. 2. Beijing North Securities: Reached strategic cooperation with Guofu Quantum, focusing on virtual assets and digital currency business. 3. In the first half of the year, stablecoins accounted for 74.6% of the total institutional over-the-counter transactions, of which USDC trading volume increased 29 times year-on-year. 4. The Governor of the Bank of England warned: Stablecoins threaten the public's trust in currency. 5. The US-EU talks sent a signal: the global cryptocurrency policy coordination process is accelerating. 6. Chile cracked a transnational criminal network that used cryptocurrency to launder money, involving more than $13.5 million. 7. The Abu Dhabi Stock Exchange joined hands with HSBC and FAB to enter the bond tokenization. 8. Bo Hines: After the US stablecoin legislation takes effect, the scale of the crypto industry may reach "15 trillion to 20 trillion US dollars." 9. Saxo Bank: Rising ETF fund flows boosted cryptocurrency sentiment, and Bitcoin rose to a three-week high. 10. Binance Payment expands transfer options and simplifies cryptocurrency transfers. 11. JPMorgan Chase expects the stablecoin market to reach $500 billion in 2028, far below optimistic forecasts. 12. A New York law firm filed a class action lawsuit against Strategy, accusing it of misleading disclosure of Bitcoin investment. 13. Amber International raised $25.5 million to enhance its cryptocurrency reserve plan. 14. FTX applied to the court to implement "restricted processing procedures" in 49 jurisdictions, and its creditors may lose distribution rights. 15. The U.S. House of Representatives Financial Services Committee: The week of July 14 is "Crypto Week" and will review a number of crypto bills.
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