Coincu Insights

Key Points: FTX delays payouts to Chinese creditors pending legal review.
82% of claims from restricted regions may be affected.
Potential legal challenges arise in creditor distribution plans.
FTX’s distribution to Chinese creditors has been delayed following a legal review. Sunil, an FTX credito

Key Points: Trump signs tax bill, potentially influencing crypto investments.
Narrow House vote; passed Senate earlier this month.
Potential crypto market boost from institutional investments.
The U.S. President Donald Trump signed the “Big and Beautiful” tax and spending bill into law on

Key Points: Elon Musk launches America Party in response to U.S. fiscal policies.
Party formed due to disapproval of Trump’s $3.3 trillion bill.
Musk criticizes existing political parties for economic mismanagement.
Elon Musk, renowned entrepreneur and CEO, announced the formation of the “America

Key Points: Cambodian and U.S. officials finalize reciprocal tariff discussions; joint statement imminent.
Consensus reached on July 4; details on tariffs remain undisclosed.
No significant crypto market impact tied to the negotiations.
Cambodia has reached an agreement with the United States on r

Key Points: ZhongAn Online raises HK$3.92 billion through H shares.
Aimed at enhancing fintech, asset management sectors.
Boosted by new Hong Kong stablecoin regulation.
ZhongAn Online announced on July 5 the completion of a HK$3.92 billion share placement, involving 215 million new H shares

Key Points: Elon Musk launches poll for “American Party” proposal.
65% of 1.16 million voters support creation.
Immediate market impact on crypto assets is absent.
Elon Musk’s poll proposing the “American Party” attracted over 1.16 million participants on July 5th, with 65% voting “Yes” and 35%

Key Points: Stablecoin inquiry tops Douyin amidst $250 billion market surge.
USDC’s 1.87% dominance illustrates growing stability focus.
Regulators weigh yuan-based pilots in Hong Kong due to market growth.
On July 5, 2025, “What is stablecoin” became Douyin’s top trending topic, reflecting growin

Key Points: FTX creditors from 49 jurisdictions risk claim loss, impacting $825 million.
Chinese creditors face 82% of the impact.
Resolution period set at 45 days before claim voidance.
FTX creditors from 49 restricted jurisdictions, including China and Russia, could lose their claim rights

Key Points: Main event, leadership changes, market impact, financial shifts, or expert insights.
Trump signs contentious “Beautiful Bill”.
Divided opinions: tax cuts, debt rise, social aid reduction.
On July 4th, U.S. President Donald Trump signed the “Beautiful Bill,” marking a controversial shif

Key Points: President Trump signed a key fiscal bill, reallocating budget priorities.
The bill increases military spending and cuts social programs.
Projected deficit rise of $3.3 trillion prompts fiscal concerns.
President Donald Trump signed a major tax and spending bill into law on

Key Points: Lorenzo Bini Smaghi calls for European stablecoin adoption to combat U.S. dominance.
Europe risks marginalization in the digital financial ecosystem.
99% stablecoins USD-denominated, euro nearly absent.
Lorenzo Bini Smaghi, Chairman of Société Générale and former member of the European

Key Points:
Microsoft targets global scam by removing 3,000 fake accounts linked to North Korean IT workers.
DOJ seizes laptops, shuts websites in crackdown on DPRK-linked fraud targeting U.S. companies.
North Korean operatives used AI tools to fake identities and land high-paying remote tech

Key Points:
Ripple’s split 1B XRP unlock marks shift to flexible, strategic reserve management since March 2025.
700M XRP relocked, while 300M XRP funds ODL, ETFs, and other Ripple infrastructure projects.
XRP trades at $2.23 post-unlock, with analysts watching Ripple’s evolving token release st

Key Points: Hong Kong’s digital asset regulatory framework advances city as a key hub.
Offers transparent Bitcoin and Ethereum indices in Asia.
Stablecoin licensing regime supports investor protection and industry growth.
Hong Kong, on July 4th, announced the development of new digital asset regul