News linked to this event type.
Odaily News: The National Football League (NFL) has joined the position opposing federal regulation of prediction markets such as Kalshi and Polymarket, and has filed an amicus brief with the U.S. Supreme Court. The related case may enter its final ruling stage.Several other briefs were submitted to the U.S. Supreme Court this week, including filings from former regulator Gary Gensler and former Senator Chris Dodd. Chris Dodd once championed a bill under which the U.S. Commodity Futures Trading Commission (CFTC) argues it should have final regulatory authority as the overseer of prediction markets. (CoinDesk)
The NFL filed a brief with the US Supreme Court opposing CFTC's exclusive regulatory authority over prediction markets, arguing that states should assume responsibility. Previously, Gary Gensler and others jointly highlighted flaws in federal regulation concerning betting integrity and tamper resistance.
Federal Reserve official Musalem explicitly stated that interest rates should be raised within the next six to nine months. This statement serves as an important barometer for near-term monetary policy.
Federal Reserve official Musalem stated that further monetary policy tightening will be needed in the future to bring inflation back to its target level.
Odaily News: French Hill, Chairman of the U.S. House Financial Services Committee, said he hopes to push for the approval of the CLARITY Act during Congress's lame-duck session after next month's midterm elections. He believes that permanent legislation is needed to ensure the United States maintains its lead in digital assets and blockchain technology.French Hill previously pushed for the FIT21 Act, and stated that the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are defining digital assets and digital commodities under existing regulatory authority, but such policies are still insufficient to replace a legislative solution.Last month, the CLARITY Act failed to secure the required votes in the Senate's vote to end debate, with a tally of 49 in favor and 50 against.Analysts pointed out that agency regulatory rules are more easily modified or revoked by a new administration, making it difficult to provide the certainty that congressional legislation can offer. Law firm Troutman Pepper Locke said that future administrations could adjust rule interpretations and enforcement priorities. (Bitcoin.com News)
Odaily News: The International Monetary Fund (IMF) stated that the tokenized financial market is growing rapidly, but legal uncertainty, insufficient interoperability, and the lack of a widely recognized settlement asset could still limit its further development.In its latest analysis, the IMF noted that as of July, the scale of tokenized real-world assets (RWA) was approximately $65 billion, still relatively small compared to the roughly $300 trillion in global capital market assets. Among these, tokenized credit products accounted for approximately $30.4 billion, money market funds approximately $17.5 billion, and tokenized equities approximately $2.3 billion.The IMF stated that tokenized equities are attracting investors by supporting 24/7 trading and fractional ownership, but their liquidity is significantly lower than traditional markets, with actual volatility approximately 1.5 times that of traditional stocks. As the tokenized market expands, increased market correlation and leverage could amplify liquidity risks, concentrated selling, and risk contagion.The IMF said tokenization could reshape financial markets, but future development will depend more on improved policy frameworks, market depth, trust mechanisms, and risk protection measures. Currently, since the market size remains relatively small, the systemic risks posed by tokenized assets are limited. (Cointelegraph)
The IMF warns that tokenized equities have lower liquidity and volatility 1.5 times that of traditional assets, and as the market expands, it may trigger sell-offs and run risks, calling for a clear regulatory framework.
据 IMF 曼谷年会日程，美联储主席沃什定于当地时间 10 月 16 日在该会议发表讲话。此次亮相将聚焦宏观经济与货币政策相关议题。
US CFTC Chair Mike Selig stated in a post that the United States will no longer stand by as crypto business flows overseas and other countries set the standards. He said the crypto industry is returning to the United States, and clear regulatory rules will help keep the industry in the US, with America leading its development.
Odaily News: The Cardano Foundation has spun off its digital identity project Veridian into an independent Swiss company and tokenized the majority of its 1 million shares on the Cardano blockchain.Veridian becomes the first company to adopt the Cardano CIP-0113 standard. This standard allows token issuers to impose transfer restrictions and freeze or seize assets to meet regulatory requirements.Veridian's mobile wallet is now live, and it is developing related credentials to help individuals, businesses, and AI agents verify identity and permissions without relying on centralized databases. (CoinDesk)
oracle network Pyth Network has released its Q3 business report, stating that as of the end of September, its active annual recurring revenue (ARR) reached $11.49 million, up 86.5% from the previous quarter, with net new ARR of $5.33 million in Q3.On the exchange side, the trading volume of real-world asset (RWA) perpetual contract markets powered by Pyth data reached $2.09 trillion in Q3, accounting for 94.1% of the total volume in related markets. In prediction markets, Pyth has provided data support for platforms such as Kalshi and Polymarket. Among them, Kalshi listed Pyth as the data source provider for its gold and silver perpetual contract markets in relevant regulatory filings. In the AI sector, Pyth is testing financial data infrastructure for AI agents with Exa, providing real-time prices, historical data, and candlestick data to enable AI systems to incorporate market information into analysis and decision-making.Additionally, Pyth DAO approved the "100% Rule," under which all future revenue the DAO receives from Pyth products will be used for open market buybacks of PYTH tokens. Compared to the previous practice of using only one-third of non-PYTH asset balances for buybacks, the allocation ratio has been increased threefold.
Citrini Research has stated that the barriers between traditional finance and the crypto industry are gradually dissolving, and with the proliferation of AI Agents, blockchain may be approaching a true inflection point for adoption.Citrini Research suggests that in the future, personal AI agents may be able to manage all of a user's financial assets, including allocating idle funds, executing investment decisions, and finding loan solutions. However, the existing financial system is built on manual processes, intermediaries, and compliance frameworks, making it difficult to adapt to round-the-clock, automated machine interaction needs.The firm believes that AI agents require financial infrastructure that is programmable, operates in real time, and requires no human intervention. After more than a decade of development, blockchain happens to possess characteristics such as asset digitization, on-chain settlement, and open financial applications. Previously, the crypto industry faced issues such as a complex user experience and a lack of real asset applications, but with the advancement of real-world asset (RWA) tokenization, traditional financial assets are gradually moving on-chain.Citrini Research points out that the development of tokenized equities, U.S. Treasuries, credit, and other assets, along with changes in the regulatory environment, is driving the convergence of traditional finance and crypto markets. The firm notes that recent developments — including Robinhood launching stock tokens, regulators exploring rules for tokenized assets, and on-chain markets such as Hyperliquid gaining attention from traditional finance — all indicate that the market is undergoing a shift.Citrini Research states that investors should focus not merely on whether assets will be tokenized, but rather on "who can capture the economic value in the tokenization wave." The firm believes that blockchain may ultimately become critical financial infrastructure in the AI agent era.
Odaily News: Digital asset securitization platform Securitize has brought 12 US stocks, including Apple, Nvidia, Tesla, and Microsoft, onto Solana. The tokens are pegged one-to-one to the underlying stocks and are designed to preserve shareholder rights.Trading will initially launch on Securitize's PropAMM platform, with Jump Trading providing liquidity and RQD supporting clearing, custody, and settlement. Listings on the New York Stock Exchange (NYSE) and OKXICE are planned for later.The US Securities and Exchange Commission (SEC) is exploring an innovation exemption for tokenized securities, and the ICE-OKX joint venture is also seeking to launch tokenized stock trading under the US regulatory framework. (CoinDesk)
Odaily reports: Members of the European Parliament are calling on the European Commission to include corruption risks related to crypto assets, opaque ownership structures, and digital tools in its upcoming anti-corruption strategy. The European Parliament passed a non-binding resolution on Thursday outlining policy priorities for the strategy.Lawmakers also called for strengthened tracking, freezing, confiscation, and recovery of criminal proceeds, as well as improved rules on public procurement, conflicts of interest, lobbying, and political financing, along with enhanced protections for whistleblowers and investigative journalists.The European Commission plans to adopt its first anti-corruption strategy by the end of 2026. The strategy will complement the EU Anti-Corruption Directive that took effect in May, which harmonized the definition of corruption offenses and minimum penalty standards across member states. (Cointelegraph)
Odaily News: South Korea's Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il stated that regarding the virtual asset taxation policy planned for implementation in 2027, various opinions raised by the National Assembly, as well as those from experts, industry participants, and relevant stakeholders, will be extensively collected. South Korean lawmaker Kim Sang-hoon questioned that months before the implementation of virtual asset taxation, the relevant infrastructure remains incomplete, including insufficient capabilities for tracking and verifying transaction records on overseas exchanges, DEX, DeFi, and other platforms.Regarding the estimated tax revenue from virtual asset taxation, Lee Hyung-il stated that there are indeed "parts that are difficult to accurately grasp," and since taxation requires obtaining tax filing data first, further tax revenue estimates can only be made after the relevant filing system is launched next year, with prudent evaluation of related policies. (chosun)
According to Cointelegraph, the European Securities and Markets Authority (ESMA) has urged EU crypto companies to stop offering services involving stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA) framework, setting a three-month deadline to address existing risk exposures. ESMA stated that national regulators should require the relevant companies to resolve any remaining non-compliant stablecoin exposures by no later than January 8, 2027.
Odaily reports: The European Securities and Markets Authority (ESMA) has stated that EU crypto asset service providers authorized under MiCA should cease offering services involving stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA) to EU clients, and should address existing related exposures no later than January 8, 2027.The guidance covers trading platforms, exchange services, order execution, custody, transfers, investment advice, and portfolio management. ESMA requires firms to take technical, contractual, and organizational measures to prevent EU clients from gaining or increasing exposure to unauthorized stablecoins.Regulators may allow firms to provide limited services such as liquidation, conversion, withdrawals, transfers, and safekeeping to help clients exit existing positions, but such activities must be temporary arrangements and subject to strict supervision. This update extends the relevant guidance published by ESMA in January 2025. (Cointelegraph)
According to TASS, Kirill Tsarev, First Deputy Chairman of the Executive Board at Sberbank, stated that the bank has observed significant client interest in cryptocurrency, noting that it has become an indispensable part of the global market.
According to the analytical section of the latest Global Financial Stability Report published by the International Monetary Fund (IMF), while the tokenized asset market is growing rapidly, its current scale remains small and highly fragmented. The full realization of its potential is primarily constrained by four factors: legal certainty, regulatory clarity, cross-platform interoperability, and the availability of safe settlement assets. Data shows that tokenization activities are currently concentrated in the repurchase agreement market, with an average daily trading volume of approximately $300 billion to $350 billion, which remains in its early stages compared to the scale of traditional finance.
According to Chaoxiang Research, Goldman Sachs' October 6, 2026 research report indicates that Constellation Energy has signed a combined approximately 3.6 GW nuclear power purchase agreement with Google. The agreement includes an 890 MW nuclear capacity upgrade for a 20-year term, and 2,700 MW of existing nuclear capacity for a 15-year term, totaling approximately 3.59 GW. Constellation Energy has committed to investing more than $4.3 billion. The agreement increases the company's contracted nuclear capacity share from 13% to 28%. Goldman Sachs estimates that pre-growth free cash flow will rise from approximately $449 million to $1.167 billion, representing 5% to 14% of its estimated 2030 baseline. Goldman Sachs maintains a neutral rating with a $305 target price, versus the current stock price of $267.62. Goldman Sachs views the agreement as positive for both the company and the industry, and believes investor skepticism regarding PJM's ability to secure PPAs may now shift. Goldman Sachs also notes that Constellation Energy offers relatively lower valuation attractiveness compared to other independent power producers. Whether the revaluation trend persists will depend on whether PJM policy developments yield adverse outcomes, including the IRAS ruling expected by October 12 and the pending RBP process.