Dubai has approved the first tokenized money market fund in the Dubai International Financial Centre (DIFC), sponsored by the Qatar National Bank and DMZ Finance.
This fund transfers traditional assets such as U.S. Treasury Bonds onto the Blockchain, providing on-chain transparency, regulatory compliance, and stable yields, aimed at diverse applications for financial institutions and cryptocurrency entities.
MAIN CONTENT
The first tokenized money market fund in Dubai, backed by QNB and DMZ, officially operates.
Certification and licensing activities under MiCA in Europe have made significant progress with 14 stablecoin issuers.
Continuous major fluctuations in the cryptocurrency market such as the transfer of ETH from the 9-year-old ICO founder's wallet, ETH whale transactions, and the company's Bitcoin reserve plans.
What is the tokenized money market fund in Dubai and what does it signify?
The Dubai Financial Services Authority (DFSA) has licensed the QCD Money Market Fund (QCDT) developed in collaboration with the Qatar National Bank (QNB) and DMZ Finance, becoming the first tokenized money market fund approved by the DIFC.
This fund aims to tokenize traditional assets such as U.S. Treasury Bonds for institutional applications, including securing bank assets, supporting stablecoins, exchange reserves, and Web3 payment infrastructure. The combination of QNB's investment prestige and DMZ's digital technology opens up a new trend for DeFi to achieve strict regulatory compliance in Dubai.
"Bringing traditional assets onto the Blockchain not only increases transparency but also helps financial institutions access more stable capital in the Web3 era."
David Joseph, CEO of DMZ Finance, July 2025
How does the MiCA licensing process in the EU affect stablecoin issuance and cryptocurrency asset services?
According to Patrick Hansen, Circle's EU policy director, after 6 months of applying MiCA regulations for cryptocurrency asset service providers and 12 months for stablecoins, by July 2025, 14 organizations in 7 EU countries were authorized to issue stablecoins with a total of 20 Tokens, mostly issuing Euro and U.S. Dollars.
39 cryptocurrency asset service providers (CASP) have received licenses, including traditional financial companies, fintech firms, and pure cryptocurrency enterprises. Currently, there are no asset-referenced token (ART) issuers due to a lack of market demand, while some organizations in Italy are listed as non-compliant.
"The licensing from MiCA creates a robust legal framework, enhances investor confidence, and stabilizes the cryptocurrency ecosystem in Europe."
Patrick Hansen, Director of Circle EU Policy, July 2025
How did the transfer of ETH and the activities of notable cryptocurrency whales unfold in July 2025?
According to Onchain Lens and experts, two Ethereum ICO wallets have 'awoken' after more than 9 years of silence, transferring a total of 1,140 ETH equivalent to 2.89 million USD to another wallet at the beginning of July 2025. At the same time, an ETH whale transferred all 3,631 ETH left, concluding a series of transfers totaling 95,313 ETH worth 234 million USD to a centralized exchange (CEX), with an average purchase price of 2,878 USD/ETH and an estimated selling price of 2,454 USD/ETH, resulting in a loss of 40.41 million USD.
This reflects the risk management strategy and cash flows from large investors amid ongoing market volatility. The data has been collected and meticulously analyzed by reputable Onchain experts.
What actions have Nasdaq-listed companies taken regarding Bitcoin?
Real estate investment company Murano Global Investments (MRNO) announced plans to build a strategic Bitcoin reserve with a 500 million USD equity purchase agreement, which included a pre-purchase of 21 BTC as the first treasury asset. This company – with a market capitalization of about 800 million USD – has also joined the Bitcoin Corporate Alliance led by MicroStrategy and implemented payment and customer reward systems using Bitcoin in the hotel sector in Mexico.
Chairman Elias Sacal emphasizes that Bitcoin is a hedge against inflation and increases the sustainability of corporate balance sheets.
What are the legal moves regarding Tornado Cash and its impact on the cryptocurrency community?
The U.S. appeals court has rejected Coin Center's appeal regarding the U.S. government's sanctions on the mixing service Tornado Cash in 2022. Thus, the lawsuit has concluded after the decision to remand the case back to the lower court for retrial. Coin Center's executive director Peter Van Valkenburgh stated that this marks the end of the legal debate over the authority to impose sanctions on Tornado Cash.
This decision impacts governance and the use of transaction mixing services in the industry, clarifying the legal framework for the future.
Frequently Asked Questions (FAQ)
What are the highlights of the QCDT tokenized money market fund?
This fund is the first to bring traditional assets like U.S. Treasury Bonds onto the Blockchain, achieving transparency, stable yields, and supporting institutional applications in the DIFC.How many stablecoin issuers has MiCA licensed in Europe?
As of July 2025, 14 stablecoin issuers from 7 EU countries have been licensed, issuing a total of 20 Tokens, mostly in Euro and U.S. Dollars.What is special about long-standing Ethereum ICO wallets in July 2025?
Two Ethereum ICO wallets, after more than 9 years of silence, transferred 1,140 ETH, indicating new cash flows and large whale activities being closely monitored.How does Murano Global Investments utilize Bitcoin?
Murano has signed a 500 million USD agreement to accumulate Bitcoin as a strategic asset while integrating Bitcoin into payment and customer reward systems in the hotel sector.How does the ruling on Tornado Cash affect the situation?
The U.S. appeals court rejected Coin Center's appeal, officially ending the debate over the government's power to impose sanctions on Tornado Cash, solidifying the legal framework for cryptocurrency mixing services.
Source: https://tintucbitcoin.com/cap-nhat-thi-truong-tien-dien-tu-7-8-7/
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