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Gate Research: South Korea Advances Virtual Asset Legislation, DTCC Launches First Tokenized Stock and U.S. Treasury Transactions

Daily Research
Research
Altcoins
Trading
Macro Trends
2026-07-16 02:37:36
Reading Time: 3m
Last Updated 2026-07-16 02:38:04
Gate Research Daily Report: BTC has shifted into a weaker consolidation pattern at elevated levels, with short-term moving averages transitioning from a bullish alignment to sideways resistance. ETH continues to trend higher within a volatile range and outperform BTC, with its price remaining close to short-term moving averages; further upside still requires confirmation from stronger trading volume. The Crypto Fear & Greed Index stands at 25, remaining in the “Extreme Fear” zone. AKE rose 272.33%, US gained 31.29%, and ORBR advanced 19.43%. South Korea is considering bringing virtual assets under the National Property Management Act; the United States froze more than $130 million in crypto wallet assets linked to Iran; and DTCC launched its first production trades involving tokenized stocks and U.S. Treasuries, with the initial assets including selected shares of the Invesco QQQ Trust, Microsoft, Circle, SPY, and short-term U.S. Treasury ETFs.
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