Investment Bank TD Cowen: Strategy Equity Bitcoin Circular Mechanism Provides Basis for Premium, Maintains Buy Rating

On July 1st, Azuki made an official announcement regarding the establishment of an anime studio. This studio is collaborating with COMISMA and Xenotoon and is committed to the development, production, and worldwide distribution of anime.

On July 1st, Raj Dhamodharan, the Chief of Cryptocurrency and Blockchain at Mastercard, announced that Mastercard is recruiting two Vice Presidents to expand its crypto business. The positions consist of a Vice President for Digital Asset Ecosystem Growth and a Vice President for Financial Institution (FI) Growth. The first role will be responsible for overseeing strategic partnerships in the digital asset domain, working together with issuers, infrastructure providers, and startups to scale solutions like Mastercard's Multiple Token Network (MTN) and Crypto Credential. The second role will concentrate on collaborating with financial institutions to develop blockchain applications, such as commercial payments, cross-border transactions, and asset tokenization.

On July 1st, according to crypto journalist Eleanor Terrett, the U.S. Securities and Exchange Commission is working together with various exchanges to formulate a common listing standard for cryptocurrency ETFs. This is currently in the early stage. Insiders disclosed that under this approach, if a token meets the set standard, the issuer can bypass the 19b-4 application process and directly submit an S-1 registration statement. After 75 days, the exchange can list it.

On July 1st, According to crypto reporter Eleanor Terrett, following more than 24 hours of amendment procedures in the U.S. Senate, there is still no indication that Senator Cynthia Lummis' (the sponsor of the Bitcoin Reserve Act) cryptocurrency tax proposal has been passed. The time frame for submitting the proposal for Senate discussion may have elapsed or an opportunity may have been missed. Previously, Senator Lummis proposed including a provision in the "beautiful bill" for small-value cryptocurrency transactions to be tax-exempt, including a provision for tax exemption for small cryptocurrency transactions (less than $300). Industry insiders believe that this would simplify the current practice of taxing both ends of core cryptocurrency activities—staking and digital asset mining.

On July 1st, US President Trump said: The Department of Government Efficiency (DOGE) will center on Elon Musk and not be concerned about Musk's criticism of the tax bill ("Beautiful Act"). If the Department of Government Efficiency (DOGE) pays attention to Musk, we will save a significant amount of fortune. (Golden Ten)