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Shenzhen TechFlow News, July 24 - The Office of the United States Trade Representative (USTR) issued a statement on July 23 local time, announcing that under Section 301 of the Trade Act of 1974, tariffs of 10% to 12.5% will be imposed on dozens of countries and regions under the pretext of so-called 'forced labor,' replacing the soon-to-expire global import tariffs. The new tariffs will take effect at 12:00 PM ET on July 24 (12:00 PM Beijing time on July 24).USTR stated that upon the expiration of the 10% global tariff, tariffs will be imposed on 60 economies, covering over 99% of US trade volume. Senior US officials indicated that tariff measures on goods in transit will take effect at 12:01 AM ET on July 28 (12:01 PM Beijing time on July 28). Imported goods such as fuel, food, and fertilizers will be exempt from the new tariffs; products subject to specific industry-specific tariffs (such as automobiles, metals, and pharmaceuticals) will also not be included in the scope.Additionally, goods covered under the United States-Mexico-Canada Agreement (USMCA) will also be exempt. US officials noted that the new tariffs will not be applied in addition to existing steel and aluminum import duties (i.e., the 'Section 232' tariffs imposed by Trump last year on national security grounds). (Jin Shi)

TechFlow news, July 23, according to the Financial Times, the UK's HM Revenue and Customs (HMRC) revealed through a freedom of information request that since the launch of a special crypto tax compliance operation in November 2023, it has reached disclosure settlements with 502 cryptocurrency investors over the past two years, recovering over 8 million pounds in back taxes, with an average settlement amount of about 16,600 pounds. Among these, 280 investors settled in the 2024/25 fiscal year, involving 3.54 million pounds; 222 investors settled in the 2025/26 fiscal year, with the amount rising to approximately 4.78 million pounds.At the same time, the number of "reminder letters" sent to crypto investors by HMRC has surged dramatically, reaching 64,982 in the 2024/25 fiscal year, a 680% increase compared to three to four years ago. With the UK joining the OECD's Crypto-Asset Reporting Framework (CARF), starting in January 2026, crypto service providers will be required to compulsorily collect user identity and transaction information and report it to authorities, further compressing the space for investors to conceal gains. Currently, about 8% of UK adults (approximately 4.5 million people) hold crypto assets.

PANews July 24 news, according to Cailian Press, sources say Stripe is in talks to acquire AI model aggregation platform OpenRouter, with a deal possibly being reached soon. OpenRouter was previously valued at about $1.3 billion, but if sold, the transaction value could reach roughly $10 billion.

PANews July 24 news, according to The Block, Swan Bitcoin CEO Cory Klippsten harshly criticized Tether and its backed Twenty One Capital in a podcast interview, saying that Tether "effectively controls" the publicly traded Bitcoin reserve company and uses it as a tool to advance political interests in the U.S., but provided no evidence to support the claim. Tether did not respond to a request for comment. Klippsten also described Strike founder Jack Mallers' CEO role at Twenty One as merely nominal, saying his main duty was to promote the company's stock, and believed that Mallers' departure was not his personal decision. Mallers resigned as CEO this week, while his company Strike withdrew from a potential merger with Twenty One.

According to TechFlow, on July 23, Bitget market data shows that the Nikkei 225 index opened up 334.93 points, an increase of 0.51%, at 66,450.53 points.

Deep Tide TechFlow news, July 23, according to Bitget market data, the South Korean KOSPI index rose to 6,900 points, up 2.44% intraday, with SK Hynix rising 4% and Samsung Electronics up 3.2%.

PANews, July 23 - According to CoinDesk, Tesla maintained its Bitcoin holdings unchanged in the second quarter, still holding 11,509 BTC, extending its record of no Bitcoin purchases or sales for nearly four years. As Bitcoin fell from approximately $83,000 to $58,000 during the quarter, Tesla reported a $112 million after-tax impairment loss on its digital asset holdings. Tesla remains one of the largest corporate Bitcoin holders, but its holdings are significantly smaller than companies like Strategy, which continue to accumulate. In terms of financial results, Tesla reported non-GAAP earnings per share of $0.33 for the second quarter, below the expected $0.55; revenue of $28.2 billion, above the expected $27.6 billion; gross margin of 16.8%; GAAP net profit of $1.11 billion; and free cash flow of negative $1.1 billion. Tesla initially purchased $1.5 billion in Bitcoin in early 2021, sold about 75% of its holdings in 2022, and has since maintained its remaining 11,509 BTC to date.

PANews July 23 news, according to CoinDesk, crypto-friendly digital bank Revolut reached a $115 billion valuation in an employee share sale, up 53% from $75 billion last November, making it Europe’s most valuable private company. Shares were priced at $2,017 each, with the transaction allowing employees and existing shareholders to sell stock rather than raising new capital for the company. The valuation has already surpassed Barclays’ market cap of roughly $95 billion. Revolut reported a 2025 pre-tax profit of $2.3 billion (up 57% year-over-year), revenue of $6 billion (up 46%), and over 75 million customers. Revolut’s main app supports trading in more than 200 crypto tokens, asset transfers and staking, and operates the standalone crypto exchange Revolut X. The company obtained a MiCA license last year, received a UK banking license in March, and has applied for a US national bank charter. It has previously discussed a future IPO seeking a valuation of up to $200 billion.

TechFlow News on July 22, according to Bitget market data, the Nikkei 225 index opened up 253.91 points, or 0.38%, at 66,486.10 points.

Shenchao TechFlow news, July 22, according to Bitget market data, South Korea's KOSPI index reached 7000 points, up 4.51% intraday. Samsung Electronics stock rose 5%, SK Hynix rose 7%.