News linked to this event type.
Odaily News: The Central Bank of Russia, in its draft policy for 2027 to 2029, has classified cryptocurrencies and stablecoins as major risks to the financial market, stating that they could undermine the ruble's status and monetary sovereignty, and pose a risk of total loss of investors' principal. The bank also noted that the cross-border and decentralized nature of crypto assets could facilitate illegal activities and the expansion of shadow markets.The Central Bank of Russia advocates for criminal liability for unlicensed platforms and exchanges that facilitate the circulation of digital currencies, and administrative fines for participants who violate trading rules. Russia has already allowed specific companies to use crypto assets such as Bitcoin to settle international trade contracts under central bank supervision, with domestic retail investors permitted to trade through licensed intermediaries at an annual limit of approximately $3,700. (Bitcoin.com News)
Odaily News: According to Gate Ventures' latest weekly report, last week's escalation of geopolitical conflicts in the Middle East combined with U.S. core inflation exceeding expectations significantly heightened global market volatility. Brent crude and WTI crude surged 8.33% and 9.36% respectively, returning above $100 per barrel; U.S. August core CPI rose 0.29% month-over-month, higher than expected, pushing the 10-year Treasury yield to 4.97%, with market-implied probability of a September rate hike rising to approximately 86%; spot gold fell 1.82% to $4,349.42 per ounce. U.S. stock indices — the S&P 500, Nasdaq, and Dow Jones — declined 0.80%, 0.66%, and 1.57% respectively; the crypto market weakened in tandem, with BTC and ETH dropping 4.4% and 1.5% respectively. Spot BTC ETFs saw net outflows of $462.7 million, while ETH ETFs recorded net inflows of $197.1 million. The fear index dropped from 71 to 57, indicating a cooling of market sentiment.On the industry front, India launched a $107 million tokenized corporate bond pilot program, further advancing institutional-grade RWA tokenization; Gemini obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, further expanding its regulatory footprint in the Asia-Pacific region; and the Philippine central bank plans to suspend new payment system operator registrations for 12 months, tightening oversight of VASP-related payment activities.On the funding side, a total of 9 financing deals were completed last week, with disclosed total funding reaching $158.4 million, down 88% quarter-over-quarter. Overall, energy prices and inflation expectations remain the core variables driving short-term market trends, while interest in tokenized assets and institutional-grade crypto infrastructure development remains undiminished.
Odaily News: The Trump administration is lobbying Senate Republicans to advance the crypto market structure bill, the Clarity Act. Chris Phelan, Chairman of the White House Council of Economic Advisers, said officials will launch an interactive tool on Tuesday that allows users to set their own parameters and run scenarios to verify that there is no substantive relationship between stablecoin growth and community bank deposit flight.Banking groups say the latest revisions to the bill's text are still insufficient for them to accept the stablecoin provisions. The bill needs at least 60 votes to advance, and the Senate is scheduled to hold a procedural vote on Tuesday afternoon. Several Republicans, including Texas Senator John Cornyn, have hinted they may vote against it, while pro-crypto Democrats have expressed dissatisfaction with the latest text's limited constraints on President Trump. Patrick Witt, Executive Director of the White House Council on Digital Assets, said the bill has incorporated measures to protect community banks.
According to a report by the UK's Financial Times (FT), Poland's state-owned refining group Orlen purchased US-sanctioned Venezuelan crude oil worth approximately $345 million through its Swiss trading subsidiary OTS, using intermediaries to settle the payment with the USDT stablecoin. However, during the multi-tier brokerage transfer process, the funds were massively "evaporated." Citing non-payment, Venezuelan state oil company PDVSA refused to load the cargo, leaving several large oil tankers waiting for months in Venezuelan waters before they almost all returned empty. The Polish government estimated that the total loss, including various ancillary costs, amounted to at least 1.6 billion zloty. After the incident was exposed in April 2024, it quickly escalated into a major scandal, prompting Polish authorities to launch an investigation and file lawsuits against the relevant executives. Former OTS CEO Samer Awad was arrested in the UAE in January 2025, but following a denial of the extradition request by a UAE court, he was subsequently released.
Odaily News: Moonrock Capital founder Simon Dedic posted on X, stating: "The Senate vote on the Clarity Act is expected to take place in about 10 hours. Democrats have already rejected the Republican-drafted bill on the pretext of so-called 'ethics concerns' (eThIcS cOncErNs); the predicted odds on Polymarket have collapsed, and the market has fully priced in expectations of failure. Regardless of the outcome, however, I am very much looking forward to this vote. It means we can finally turn the page and shift our energy to far more important matters. If the bill fails to pass, we will instead get equally strong pro-crypto regulatory policy from the SEC; and if even that doesn't happen, then the responsibility for watching the U.S. hand over its leadership in frontier finance and sit idly by as the world's most dynamic companies move offshore will rest entirely on the Democrats. Politics is tiresome, but America is not so foolish as to let that situation happen. So what must come will come, and we will ultimately prevail."
Odaily reports: Jason Smith, Chairman of the U.S. House Ways and Means Committee, has unveiled the 114-page "Digital Asset Tax Certainty Act" (H.R. 10357), which proposes exempting taxes on network or transaction fees below $10, with a committee markup scheduled for 10 a.m. on September 16.The bill stipulates that users who conducted more than 5,000 transfers in the previous year would not be eligible for the aforementioned fee exemption. A companion bill aims to bring digital assets under wash sale rules and constructive sale rules, while excluding qualified U.S. dollar stablecoins, and is projected to raise $2.074 billion in revenue for fiscal years 2026 through 2036.The companion bill would also allow miners and stakers to defer income from newly generated tokens until the time of sale, with an estimated ten-year fiscal cost of $2.956 billion. Republican committee members are considering removing the relevant provisions or limiting the deferral period to five years. (Bitcoin.com News)
American investigative blogger Kevin Bass took to X to expose the conspiracy behind Anthropic's "AI doomsday" narrative. After reviewing the company's financial ties, he concluded that it has formed a "regulatory capture machine" driven by funding relationships, and called on the U.S. Congress to investigate.
CryptoQuant analyst Darkfost pointed out that market attention has significantly intensified this week, primarily driven by the upcoming procedural vote on the CLARITY Act in the U.S. Senate and the Federal Reserve's imminent interest rate decision. Data shows a notable increase in altcoin inflow transactions on Binance, with the 7-day average inflow rising from 8,300 in July to 31,800 currently, up nearly fourfold. Coinbase’s altcoin inflows also increased from 2,200 to 4,700, while Bybit rose to 2,700.
The Jiangsu Securities Regulatory Bureau issued a risk warning stating that recently, some institutions and individuals have been hyping the concept of Real-World Asset tokenization (RWA), attracting public investment with claims such as "backed by real assets," "principal guaranteed with high returns," and "low risk with stable appreciation." Such behavior may involve illegal criminal activities including illegal fundraising, fraud, and money laundering. Regulatory authorities emphasize that conducting financing activities under the name of RWA within mainland China constitutes illegal financial activity. Investors should enhance their risk awareness, stay away from related illegal financial temptations, and promptly report any suspicious clues to the competent authorities or file a report with the public security organs upon discovery.
TechFlow: Galaxy Digital founder Mike Novogratz stated that if the CLARITY Act fails to advance tomorrow, the United States may struggle to establish a crypto regulatory framework for an extended period. This would be detrimental to the U.S. and could force more crypto industry companies to relocate overseas. He believes the digital asset and blockchain revolution will continue, but long-term regulatory uncertainty hinders industry development, and he called on U.S. senators from both parties to consider the bigger picture.
According to TechFlow Research, a September 14, 2026 report from Bernstein states that Anthropic CEO Dario Amodei has proposed a "pace framework," advocating for a slowdown in the rate of AI model capability advancement, encompassing three steps: third-party evaluations, US regulation covering all AI companies, and coordination with China. The semiconductor sector is up 67% year-to-date, down 19% from its June high, and rebounded 13% from its July low. Bernstein believes that a slowdown in pace does not mean a slowdown in spending; Dario is referring to capping training compute, not halting training altogether, suggesting a shift from extremely fast to moderately fast. AI semiconductor demand is increasingly driven by inference, and current compute capacity falls far short of meeting the requirements of existing models. Concerns regarding China may be the larger driver behind the proposal, with Dario recommending the maintenance of bans on chip and equipment exports to China. Bernstein maintains a positive outlook on the AI buildout, setting price targets of $400 for NVIDIA, $575 for Broadcom, and $700 for Applied Materials, all with an Outperform rating.
According to industry sources cited by Eleanor Terrett, Senate Democrats' counterproposal is expected to address most or all of the targeted amendments Republicans made to the CLEAR Act last night.
CoinEx founder Yang Haipo posted on X regarding the shutdown and orderly wind-down of CoinEx, stating that CoinEx's asset reserve ratio currently exceeds 100%, and all user assets are fully backed by sufficient reserves and can be withdrawn normally.Regarding the reasons for the shutdown, Yang Haipo stated that CoinEx had been operating for nine years but ultimately failed to become an industry-leading exchange, while the security and compliance risks of operating a crypto exchange have become increasingly difficult to control. "Revenue can decline, but responsibility will not diminish. Taking on unlimited risk for limited revenue is no longer a rational choice."Yang Haipo also revealed that he had seriously considered selling CoinEx but ultimately decided against it. He stated that users entrusted their assets to CoinEx based on trust in the platform and, in many cases, in him personally, and therefore believed that handing over the platform and that trust to a new owner was not the right way to end this journey. In addition, CoinEx will ensure that users can withdraw their full balances and will buy back CET at unlimited quantities at its initial listing price of 0.005 USDT/CET.
According to Chaoxiang research, Bernstein's September 14, 2026 report indicates that the Kalshi prediction market has rebounded to a greater than 30% probability for the passage of the CLARITY Act. The CLARITY Act, officially the Digital Asset Market Clarity Act, centers on establishing a federal regulatory framework for the U.S. cryptocurrency market, delineating regulatory boundaries between the SEC and CFTC, and clarifying exchange compliance requirements and stablecoin yield rules. The latest Senate Republican draft has made substantive concessions on Trump-related ethics provisions and incorporates a "new circuit breaker" clause to address concerns over deposit outflows from community banks. A procedural vote is scheduled for Tuesday, with the Federal Reserve set to announce its interest rate decision on Wednesday.
Odaily News: The UK House of Lords passed an amendment by a vote of 194 to 138, requiring the Treasury to formulate, publish, and consult on a national digital asset strategy within 12 months after the Financial Services and Markets Act takes effect.The strategy must cover crypto assets, qualifying stablecoins, central bank digital currencies, tokenized securities, and other digital financial assets, and review the availability of banking, payment, and settlement services, as well as the risks to competition and innovation posed by the withdrawal of related services.The bill still needs to undergo a third reading in the House of Lords on September 15, and will then be submitted to the House of Commons for consideration. The UK Financial Conduct Authority (FCA) completed the formulation of rules and guidance for the new crypto asset regulatory regime on June 30. The authorization application channel is planned to open on September 30, 2026, and the regime will take effect on October 25, 2027. (Bitcoin.com News)
Odaily Report: CoinEx has issued an announcement stating that after careful evaluation, due to factors including the prolonged downturn in the crypto market, the significant contraction in overall industry trading volume and liquidity, and the continuously rising regulatory requirements and compliance costs, CoinEx has decided to cease operations and will enter an orderly wind-down process starting September 15. CoinEx stated that its current asset reserve ratio exceeds 100%, and all user assets are fully backed by sufficient reserves.According to the arrangement, CoinEx will cease all non-spot business on September 22, halt all spot trading on September 29, and CoinEx Smart Chain (CSC) and OneSwap will also cease operations on the same day; withdrawal services will continue until December 22, at which point the CoinEx trading platform will officially cease operations. CoinEx Wallet and CoinEx Vault are not affected by this shutdown and will continue to provide services as normal.
CoinEx announced that, due to a prolonged market downturn, contracting industry trading volume and liquidity, and rising regulatory requirements and compliance costs in major jurisdictions, the platform has decided to cease operations and initiate an orderly wind-down process. Starting September 15, 2026, CoinEx will gradually suspend new user registrations, non-spot services, and spot trading, and will formally cease operations following the conclusion of the withdrawal period on December 22, 2026. CoinEx stated that its asset reserve ratio exceeds 100%, ensuring users can withdraw their full balances.
Odaily News: U.S. Senate Banking Committee ranking Democrat Elizabeth Warren will deliver a speech on the Senate floor Monday evening, attacking the ethics provisions in the latest revised text of the CLARITY Act. Warren will call the provision a "weak fig leaf," arguing that it still contains major loopholes and fails to effectively restrict U.S. President Trump from profiting through crypto ventures such as World Liberty Financial.Previously, Senate Republicans unveiled the latest revised text of the CLARITY Act on Sunday evening, adding new ethics rules that include allowing state attorneys general to enforce the relevant provisions and prohibiting the president and other senior government officials from issuing digital assets. The Senate is expected to hold a key procedural vote Tuesday afternoon to advance the bill, which requires at least 60 votes in favor to move forward. (CNBC)
The 114-page crypto tax bill reviewed by the U.S. House Ways and Means Committee on Wednesday does not include tax provisions for mining and staking rewards. (Cointelegraph)
According to Cointelegraph citing Politico, Senate Democrats involved in negotiations over U.S. crypto market structure legislation are preparing to submit a counterproposal to the latest revised CLARITY Act introduced by Republicans. When Republican lawmakers released the new draft on Sunday, they described it as the "last, best, and final offer" to Democrats, but some Democrats remain unwilling to accept the current version.