Fragmented regulations limit stablecoin adoption in international finance: WTO head
Related
The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.
According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.
The Bank for International Settlements says stablecoins are closer to ETFs than real currencies.
According to Odaily Odaily, the Bank for International Settlements (BIS) stated that stablecoins operate more like ETFs than true currencies because their prices often deviate from parity, and redemptions can be slow or uncertain. The BIS states that stablecoin transfers "are neither settled directly nor indirectly on central bank balance sheets," and currently cannot guarantee parity exchange between different issuers and blockchains under all conditions. The report also warns that dollar-pegged stablecoins are accelerating the dollarization of fragile economies, weakening local currencies, and circumventing traditional capital controls. (CoinDesk)
Visa Taps Onchain Lending to Finance Stablecoin Card Programs
The payment processor giant is pairing payment settlement data with blockchain lending tools to help fintechs and stablecoin-linked card programs access working capital.
The humanoid robot concept is performing strongly, with Julun Intelligent hitting the daily limit.
According to Mars Finance, the humanoid robot concept stocks are performing strongly, with Julun Intelligent hitting the daily limit, followed by Wuzhou Xinchun, Tuopu Group, Green Harmonic, and Siling Intelligent Drive. In related news, on July 6th, Zhao Yunfeng, Vice Chairman and Secretary-General of the Chinese Institute of Electronics, announced that the 2026 World Robot Conference will be held from August 19th to 23rd this year at the Beiren Yichuang International Convention and Exhibition Center in the Beijing Economic-Technological Development Area. (Cailian Press)
EDA concept stocks continued to rise, with Huada Jiutian approaching its 20% daily limit.
Mars Finance reported on July 6th that EDA concept stocks continued to rise, with Huada Jiutian approaching its 20cm daily limit, following Gelun Electronics' 20cm limit. Guangli Microelectronics, Anlu Technology, and Shentong Metro also saw gains. In terms of news, a research report from BOCOM International Securities pointed out that logic folding is the core engineering practice of Tao's Law. It distributes gate circuits on the critical path to vertically stacked active layers, achieving gate-level three-dimensional interconnection through ultra-fine pitch hybrid bonding. Advanced packaging is the technological foundation for logic folding, while the EDA toolchain represents the biggest incremental opportunity for logic folding. (KeGuBao Broadcast)
Liquid-cooled server concept stocks fluctuated and rose sharply, with Feilong Co., Ltd. hitting the daily limit.
Mars Finance reports that the liquid-cooled server concept stocks experienced a volatile surge, with Feilong Shares hitting the daily limit, Shenling Environment rising over 10%, and Tenglong Shares, Qiangrui Technology, Chuanhuan Technology, Southern Pump Industry, and Yingweike following suit. On the news front, a research report from CITIC Securities stated that the liquid cooling industry is transitioning from a theme-driven expectation phase to a stage of order and performance realization. The OEM supply chain has significant short-term performance elasticity; the mass production of GB200/GB300 has led to capacity shortages for Taiwanese and international leaders, with mainland companies securing spillover orders through precision machining and assembly. (Cailian Press)