1. The U.S. announced that the year-on-year core PCE price index for July recorded 2.9%.
The U.S. announced that the year-on-year core PCE price index for July recorded 2.9%, higher than the previous value (revised) of 2.6%, reaching a new high since December 2024. The month-on-month core PCE recorded 0.3%, up from the previous value of 0.1%. The overall PCE year-on-year rate is 2.6%, with a month-on-month rate of 0.2%.
2. CZ: DEX may surpass CEX, with blockchain AI, RWA, and stablecoins being key areas for future breakthroughs.
At the BNBDay event held in Tokyo, CZ stated that if he were 20 years younger, he would choose to create a simple AI trading agent and focus on privacy-oriented perpetual DEX, believing that DEX trading volumes may surpass CEX in the future. Regarding RWA, he pointed out its potential in securities, government bonds, and commodities, but still faces challenges in regulation, KYC, and liquidity, with BNB Chain actively investing and collaborating with builders. About DAT, CZ said, 'Making cryptocurrency investment more accessible through the public market can be sustainable if managed properly. A single-asset treasury is the simplest, while a basket strategy highly relies on management.' He also mentioned that the next breakthroughs may come from the integration of blockchain and AI, RWA, and stablecoins.
Read the original text
3. PetroChina: closely monitoring Hong Kong's stablecoin license and researching cross-border payment feasibility.
PetroChina (00857.HK) revealed at its half-year report performance meeting that it is closely monitoring the Hong Kong Monetary Authority's stablecoin license policy and plans to initiate a feasibility study on cross-border settlement and payments using stablecoins. As one of China's largest state-owned energy enterprises, PetroChina has become one of the first traditional energy giants to publicly respond to Hong Kong's stablecoin regulations.
Read the original text
4.21Shares applies to the U.S. SEC to launch a spot SEI ETF, to be custodied by Coinbase.
21Shares has submitted an S-1 filing to the U.S. Securities and Exchange Commission (U.S. SEC) to launch the 21Shares Sei ETF, which will track the price of the SEI token. This ETF will not use leverage or derivatives, with SEI custodied by Coinbase Custody, and shares are expected to be listed on the exchange, allowing authorized participants to subscribe and redeem using cash or physical assets.
Read the original text
5. The Business School at the University of Hong Kong allows tuition payments in Bitcoin and digital currencies.
The Dean of the Business School at the University of Hong Kong, Dean Cai, stated in a recent lecture that he recommends the University of Hong Kong become the world's first academic institution to accept digital currencies. Currently, the Business School has taken the lead in piloting this initiative, allowing students to pay tuition fees using Bitcoin and digital currencies.
