News linked to this event type.
Odaily News: The U.S. Securities and Exchange Commission (SEC) has proposed rules related to crypto assets, aiming to establish a clear framework for eligible investment contracts and provide a targeted securities offering regime for token issuances, enabling related entities to raise funds while retaining investor protection measures. The proposed rules would allow crypto companies to issue up to $5 million in tokens over four years, or up to $75 million in tokens within 12 months, and provide a safe harbor to prevent cryptocurrencies from being deemed "investment contracts." Issuers would be required to disclose financial statements and provide ongoing reporting. The SEC did not include the previously anticipated "innovation exemption" for crypto stocks. The proposal comes just days after the U.S. Senate failed to advance the Digital Asset Market Clarity (CLARITY) Act; the public will have 60 days to submit comments after the proposal is published in the Federal Register. SEC Chair Paul Atkins stated that congressional legislation remains essential for establishing rules that can be applied over the long term, and the SEC will continue to support Congress in advancing the CLARITY Act to President Trump. The Commodity Futures Trading Commission (CFTC) plans to discuss cryptocurrency, AI, and prediction market regulation on Thursday. (Cointelegraph)
Odaily News: Brian Armstrong posted on X platform, expressing appreciation for the progress made by Paul S. Atkins and the SEC on token classification, calling it a long-awaited step toward modernizing the financial system. He stated that he has been calling for clear cryptocurrency rules for years, and that token classification is precisely the measure the U.S. needs to maintain innovation. Brian Armstrong also said he looks forward to the SEC issuing the Innovation Exemption to promote on-chain trading of tokenized stocks. He noted that relevant progress is underway and that the CLARITY Act should be pushed forward and passed as soon as possible, moving the market on-chain before other regions take the lead.
Odaily News: trade.xyz announced on X that Cloudflare (NET) is now listed, supporting 10x leverage and 24/7 year-round trading.
Cypherpunk Mining signed a $33.33 million agreement with Winklevoss Capital, deploying 4.2 Gsol/s hashrate to become the world's largest Zcash miner, producing approximately 7,800 ZEC per month.
Odaily News: Cryptocurrency exchange Kraken's payment app Krak has launched a multi-asset debit card in the US, allowing users to spend cryptocurrency and fiat currency, with up to 2% cashback in USD or Bitcoin. The card supports over 600 currencies and assets, converting holdings to USD at checkout. Individual transactions can draw from multiple balances, and users can set their own asset spending order. The card is issued by Lead Bank, connected to the Visa network, and powered by Stripe Issuing. Arjun Sethi, co-CEO of Payward, Kraken's parent company, stated that Payward is expanding its asset classes and financial services, currently offering banking services, and views tokenization as an important component of expanding financial products. Krak said that since its launch in the UK and the European Economic Area in December 2025, it has issued more than 135,000 multi-asset cards. (Cointelegraph)
Kraken's payment app Krak launches a debit card in the US supporting crypto assets and fiat currency spending, offering users up to 2% cash back.
Odaily News A trader (0x4B1) purchased approximately 0.85% of the total token supply for around $1.29 million when CASHCAT was listed on Robinhood, with the average purchase price corresponding to a market cap of approximately $150 million. After CASHCAT was listed on Robinhood, the price dropped by about 30%. The trader is currently facing an unrealized loss of approximately $412,000, but on-chain data shows that they have not sold any tokens to date.
According to official announcements, GasFree has now officially integrated USDD as a payment method for on-chain transfer fees (Gas Fee). Effective immediately, when users initiate USDD transfers via GasFree, there is no need to hold TRX, Energy, or Bandwidth in advance. The system will automatically deduct fees using USDD, enabling a streamlined process of "one balance for transfers and payments."
Odaily News: Peer-to-peer cryptocurrency trading platform NoOnes announced that it will begin gradually winding down operations after running for over three years. The company stated that it had been continuously seeking to resolve and lift the sanctions imposed on NoOnes, but ultimately failed. The sanctions caused the platform to lose key partners, and blockchain monitoring firms also flagged transactions associated with NoOnes as high-risk, making it increasingly difficult for the platform to continue normal operations. According to the plan, the business contraction began on August 17, and the P2P marketplace will close at 23:59 UTC on August 21. Services such as Swap, NoOnes Visa, fiat withdrawals, the gift card store, and the Bitcoin Lightning Network will also be discontinued progressively. After that, the platform will only support withdrawals, and users will still be able to log in, view balances, and withdraw remaining assets. The company advises users to complete asset withdrawals as soon as possible, no later than August 23. Previously, on January 26, 2025, NoOnes revealed that the platform had suffered a major security breach earlier that month, resulting in losses of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the news after on-chain detective ZachXBT disclosed the hacking incident on his Telegram channel.
According to CoinDesk, the Trump family-linked crypto project World Liberty Financial stated that it does not own, operate, or control the Hong Kong artificial intelligence platform WorldClaw, which only uses its stablecoin USD1 as a payment channel. WorldClaw provides developers with access to multiple AI models through WorldRouter, supports payments using USD1, and some plans can be accessed by locking WLFI tokens.
According to Axios, Atomic Canyon will launch NIVA, an AI virtual assistant for the nuclear energy industry. The tool was developed in collaboration with the Institute of Nuclear Power Operations, the Electric Power Research Institute, and the Nuclear Energy Institute. It aims to help nuclear power plant operators retrieve operational records, technical documentation, and corrective procedures more efficiently, thereby supporting decision-making and issue resolution.
Odaily News: trade.xyz announced on platform X that IREN is now live, supporting 10x leverage and 24/7 trading, 365 days a year.
According to CoinDesk, Cash App has integrated with crypto payment platform MoonPay, expanding its cryptocurrency services from previously primarily supporting Bitcoin and the USD stablecoin USDC to various digital assets including Ethereum, Solana, XRP, and USDT.
Odaily News: Banking giant Citigroup Inc. has announced plans to launch a Bitcoin custody service on its institutional platform Custody+ later this year, starting with Bitcoin custody. Clients will be able to use both traditional asset and crypto asset custody services within the same framework. Citi stated that its Single Event Processing system has enabled continuous processing of custody transactions, with over 80% of event volume completed in real-time and 96% of U.S. voluntary corporate actions processed within two hours. The platform also integrates settlement, foreign exchange, liquidity, tax, and market data services. Citi noted that its digital asset infrastructure supports the transfer of funds and securities beyond traditional market hours, and through Citi Token Services, enables near-instant, 24/7 movement of tokenized deposits in certain markets. In June, Citi also launched blockchain-based securities custody services representing shares of private companies. (Bitcoin.com News)
Odaily News: Sui announced on the X platform that its first integration with Securitize is now live. The high-yield tokenized fund HINC brings high-yield bonds, CLOs, and leveraged loans on-chain, expanding beyond the treasuries and money markets that most current tokenized funds focus on.
Odaily News: Payment app Cash App is expanding its cryptocurrency services through crypto payment platform MoonPay, allowing 50 million users to purchase tokens such as ETH, SOL, XRP, and USDT. Additionally, users can top up major wallets like Ledger, BitPay, Trust Wallet, MetaMask, and Uniswap through Cash App. Previously, Cash App's crypto services only supported Bitcoin, with USDC support added earlier this year. (CoinDesk)
Bitget launches a VIP Simple Earn bonus interest event. The first phase runs from August 19 to August 26. VIP users who meet the net deposit threshold and subscribe to the corresponding ETH Simple Earn products can receive annualized bonus interest rewards distributed in the form of DOS, with a combined APR of up to 8% after stacking.
Odaily News: Payment company Visa is seeking settlement and over-the-counter (OTC) trading partners with cryptocurrency exchange licenses in the United States, Canada, the United Kingdom, and Singapore. The partner will also be responsible for settlement of the newly launched Open USD stablecoin project, which plans to support multiple stablecoins. (CoinDesk)
Odaily News: HyperliquidNews posted on the X platform that HyperliquidPC and TradeXYZ have submitted a letter to the SEC, requesting new rules for TradeXYZ's IPOPs, including: 1. Issuing coordinated guidance through the SEC and CFTC to clarify the classification of the instrument; 2. Establishing disclosure requirements based on the nature of the instrument; 3. Implementing listing safeguards; 4. Ensuring market integrity; 5. Opening these markets to all U.S. investors.
According to CoinDesk, Visa is seeking new stablecoin settlement and OTC trading partners to replace BVNK, which was previously acquired by Mastercard. Relevant product request documents indicate that Visa expects partners to hold cryptocurrency exchange licenses in the U.S., Canada, the UK, and Singapore, and to support multiple stablecoin conversion and settlement services, including handling settlement for the Open USD stablecoin project promoted by Stripe, Visa, and Mastercard.