News linked to this event type.
According to official social media channels, Huobi HTX will host a themed debate competition at 20:00 today titled "Life-or-Death Showdown Between Privacy and Regulation: Will Privacy Coins Ultimately Be Eliminated, or Will They Surge in the Darkest Hour?" During the event, Yige, Goubao, Draco, and Qiangge, as representatives of the affirmative side, will debate against negative side representatives DaDa, ZuoZuoMuXingYe, Huoshange, and FomoDao, engaging in a fierce exchange on hot topics such as the future development of privacy coins, regulatory pressure, technical value, and market demand.
According to an official announcement, crypto exchange BitMEX will officially close at 12:00 (Beijing time) on September 23, 2026, and will stop new user registrations immediately. BitMEX stated that the board of directors of its parent company, HDR Global Trading Limited, decided to close the exchange after a strategic review.
: Hassan Ahmed, Head of Coinbase Singapore, stated that the company plans to increase its Singapore workforce from the current approximately 150 employees to around 200 by the end of 2026. Future hiring priorities will focus on positions in engineering, customer service, client relationship management, and institutional sales. On the same day, Coinbase officially inaugurated its Singapore office located at One Raffles Quay. Hassan Ahmed said that Singapore is "one of the world's most trusted financial hubs and one of Coinbase's fastest-growing international markets." He noted that the new office reflects the company's long-term confidence in Singapore as a strategic hub for innovation, talent, and responsible growth in the Asia-Pacific region. It will also help the company collaborate more closely with local regulators, continue investing in talent, and further expand its partnerships.
瑞士州立银行 BancaStato 集成 Sygnum 加密交易服务，客户可通过现有银行应用买卖 BTC、ETH 等 4 种加密资产。
Odaily News, Swiss cantonal bank BancaStato has launched regulated cryptocurrency trading services, utilizing the systems of digital asset bank Sygnum and banking software provider Avaloq. The bank serves the Italian-speaking canton of Ticino in Switzerland. BancaStato has joined Sygnum's B2B banking platform, integrating Sygnum's trading and custody services into its existing Avaloq banking system. Clients can buy, sell, and hold Bitcoin, ETH, LTC, and SOL via the bank's web and mobile banking applications. Sygnum's B2B platform is already used by over 25 financial institutions, with its banking partners including Societe Generale-FORGE, PostFinance, and VZ Depotbank. In late June, Sygnum announced that its Liechtenstein subsidiary, Sygnum Europe AG, had obtained a license as a crypto asset service provider under the MiCA framework.
According to Politico, nearly 200 Silicon Valley companies, including Proton, Y Combinator, and others, wrote to the Trump administration opposing restrictions on U.S. companies' access to Chinese open-weight AI models. The letter was initiated by the newly formed "Small Tech Association," with recipients including Trump, U.S. Secretary of Commerce Howard Lutnick, and Director of the White House Office of Science and Technology Policy Michael Kratsios.
According to monitoring by the PPP Prediction Market Tool, the probability of the "CLARITY Act being signed into law in 2026" on Polymarket is temporarily reported at 38%, down 9% in 24 hours.Although the latest text of the CLARITY Act has been released and is scheduled to be submitted for a full Senate vote as early as next week, several Democratic senators believe that the ethical provisions regarding Trump's crypto asset conflicts of interest in the new version are too weak. Meanwhile, the market also remains cautious about whether the bill can complete coordination between the two chambers and finalize the legislative process before the August congressional recess.Join the PPP Signal Push Community to stay ahead and seize the opportunity.
Moonshot AI employee Randy responded on X platform to White House Office of Science and Technology Policy Director Michael Kratsios’ remarks regarding Moonshot AI using Anthropic’s Fable to distill and develop the K3 model. He stated that Fable made its public debut on July 1, while K3 was launched on July 15. The team trained a brand-new frontier model in just 15 days, a feat worthy of a Guinness World Record.
According to Nikkei, Japan is expected to launch Bitcoin ETFs as early as 2028. With the revised Financial Instruments and Exchange Act bringing crypto assets under financial product regulation, the Japan Financial Services Agency plans to adjust rules related to investment trusts, allowing funds and ETFs to designate crypto assets as primary investment targets, with multiple asset management firms already evaluating the possibility of participation.
Japan is expected to launch a Bitcoin ETF as early as 2028. With the revised Financial Instruments and Exchange Act bringing crypto assets under the regulatory scope of financial products, Japan's Financial Services Agency (FSA) plans to adjust rules related to investment trusts, allowing funds and ETFs to hold crypto assets as primary investment targets. Multiple asset management institutions have already expressed interest in participating. Japanese institutional investors' interest in crypto assets is on the rise. A survey by Nomura Holdings and Laser Digital shows that approximately 79% of institutional investors and family offices plan to invest in crypto assets within the next three years.However, unlike the US Bitcoin ETF, which is primarily driven by institutional funds, Japan's institutional investor base is relatively limited, and a high proportion of household financial assets are held in cash. Therefore, individual investor funds are likely to become the main source of inflows. Some analysts believe that Japan's Bitcoin ETF could attract up to 3 trillion yen in inflows by FY2028. (Nikkei)
参议员 Lummis 表示 Clarity 法案中的道德条款及非法金融规定仍需进一步协商，民主党方面对当前版本持反对态度。
a16z partner and head of a16z crypto, Chris Dixon, stated on the X platform that the U.S. should push for the passage of the CLARITY Act. Dixon noted that the GENIUS Act has proven that clear regulation can drive market growth, with the stablecoin market currently valued at approximately $315 billion, growing over 50% in the past year. Major institutions including BlackRock, JPMorgan, Visa, and Mastercard are deeply investing in blockchain infrastructure.He believes that while stablecoins currently represent only a part of the crypto market, the underlying blockchain networks they rely on still lack a unified regulatory framework. The CLARITY Act would establish clear rules for blockchain networks, clarify regulatory responsibilities in the digital asset market, and set unified standards to promote transparency, risk control, and market competition. The bill can also draw on traditional financial regulatory principles to reduce the risk of incidents similar to FTX.Dixon concluded that if the CLARITY Act passes, the U.S. will once again lead the future, just as it did during the commercial internet era. Without action, innovation may move to other countries and follow rules set by others there.
According to The Block, Senate Republicans have released the latest text of the Clarity Act, consolidating previous versions from the Agriculture Committee and the Banking Committee, with plans to submit it for a full Senate vote as early as next week.
U.S. Senate Republicans on Wednesday released a 616-page draft of the new Clarity Act, a significant legislative development in Congress's efforts to comprehensively regulate the digital asset industry. The crypto industry widely welcomed the draft, noting it retains protections for software developers and is expected to provide long-missing regulatory clarity for the U.S. digital asset market.Crypto Council for Innovation CEO Ji Hun Kim stated that bipartisan support is "critical" for the bill's passage. Solana Policy Institute CEO Miller Whitehouse-Levine called on Congress to seize the opportunity, while Coinbase CEO Brian Armstrong remarked that the lack of a federal regulatory framework had previously allowed bad actors like FTX to harm consumers and forced a substantial amount of crypto business to move overseas.However, several Senate Democrats quickly voiced opposition, arguing that the ethics provisions in the new text addressing conflicts of interest related to Trump's crypto assets are too weak. Senator Angela Alsobrooks stated that the current proposal put forward by Republicans is still "not enough," and that provisions concerning elected officials' ethics, consumer protection, illicit finance, conflicts of interest, and market integrity all require strengthening.
Mizuho analysts stated that if the U.S. crypto market structure bill, the "Clarity Act," is passed, while it may generally benefit the digital asset industry, the long-term impact on Circle could be negative. The reason is that regulatory clarity will attract more large institutions into the stablecoin market, further accelerating stablecoin commodification and eroding the revenue potential of Circle's USDC.Mizuho believes that the primary pressure Circle faces in the near term comes from Open USD. This stablecoin project is backed by a coalition of over 140 financial, technology, and crypto companies, with members including Visa, Mastercard, Stripe, BlackRock, and Coinbase. Unlike Circle's model, which retains approximately 38% of USDC reserve yields, Open USD employs a "pass-through" model, distributing nearly all reserve yields to distribution partners while retaining only a small management fee.Analysts also noted that Coinbase, as the largest distributor of USDC, also supports Open USD. This could give Coinbase stronger bargaining power when renegotiating its revenue-sharing agreement with Circle in the future. The distribution agreement between the two parties could be up for renegotiation as early as next month.
the U.S. SEC and Coinbase reached a settlement on Wednesday, ending a multi-year legal dispute over the handling of record requests during the Gensler era.According to court filings, the SEC agreed to pay $150,000 in legal fees to History Associates and release two documents that had been previously withheld. Additionally, the SEC will review its record management procedures, as well as the retention methods for communications such as text messages.The case originated from Coinbase suing the SEC and FDIC separately in 2024 through the consulting firm History Associates, accusing both regulatory agencies of failing to comply with Freedom of Information Act (FOIA) requests. Coinbase stated that these record requests were related to whether regulators were attempting to cut off the crypto industry's connection with the banking system.In a Wall Street Journal op-ed, Coinbase Chief Legal Officer Paul Grewal stated that former SEC Chairman Gary Gensler had launched a “litigation campaign” against the crypto industry. During Gensler's tenure, the SEC sued Coinbase and several other crypto companies, alleging they failed to comply with federal securities registration requirements.Grewal noted that the settlement has long-term implications, as the FDIC and SEC are rewriting disclosure and record-keeping practices, which could enhance regulatory transparency and limit the ability of regulators to overreach behind closed doors in the future.
According to Politico, the U.S. House of Representatives passed a bill on Wednesday aimed at restricting members of Congress and their families from trading stocks. However, the bill faced division within the Democratic Party, as some Democrats argued it lacked sufficient strength. The legislation, named the "Stop Insider Trading Act," is the first congressional stock trading ban bill to be voted on by the full House of Representatives. It ultimately passed with a vote of 232 to 198, with 13 Democratic lawmakers voting in favor. Among the total 93 lawmakers who co-sponsored the bill, only two were Democrats. Another, more restrictive bill—which would require lawmakers and their families to sell stocks they currently hold—garnered broader bipartisan support but failed to reach a full House vote. Most Democrats believe the passed measure is insufficient because it does not include a mandate to divest existing holdings. The bill will now be sent to the Senate for consideration. (Jinshi)
Odaily Odaily News: US Senator Cynthia Lummis stated that she thanks Democratic colleagues for their significant contributions to the new draft of the CLARITY Act and pledged to continue pushing for an agreement in the coming days to ensure the bill can ultimately become law. Consumer protection and supporting innovation are not contradictory, and this draft bill proves that both can be achieved simultaneously. Previously, after holding a briefing call with industry stakeholders, US Senate Republicans released a new version of the CLARITY Act. The new text proposes prohibiting the President, Vice President, members of Congress, federal judges, and other officials, as well as their spouses, from receiving compensation through the issuance or sponsorship of digital assets while in office, with the relevant provisions valid until January 20, 2029. Officials subject to these restrictions must also sell their crypto assets and investments in crypto enterprises, or place them in a blind trust over which they have no control; the sale of crypto assets exceeding $1,000 must be disclosed.
Fox Business crypto journalist posted on platform X, stating that the bill specifies the rules for handling digital assets when an exchange or custodian becomes insolvent. This legislation helps ensure customer assets receive the same protections as traditional financial assets and remain the property of the customers, rather than becoming part of the company's bankruptcy estate. This could help prevent a repeat of situations like FTX.
Odaily News: Fox Business crypto reporter posted on X platform that a new section has been added to the bill, dedicated to enhancing law enforcement's ability to investigate crypto-related crimes. This section will increase funding for state and local crypto investigations and blockchain analysis tools, establish new training programs for law enforcement and prosecutors, set up "cyber hubs" to address threats posed by state actors such as North Korea and Iran, create public-private joint task forces to coordinate efforts against crypto fraud, and require stablecoin issuers to comply with lawful orders when appropriate, including freezing, seizing, destroying, and reissuing tokens.