News linked to both this project and an event.
According to reports from Bitcoin.com, the National Bank of the Kyrgyz Republic (NBKR) signed a memorandum of understanding with blockchain security company Certik on September 9. The two parties will collaborate in areas such as cybersecurity, digital asset custody, anti-money laundering (AML), and counter-terrorism financing (CFT) to jointly advance the security development of the country's digital currency, the Digital Som. Under the agreement, NBKR will deploy Certik's monitoring tools to implement 24/7 compliance monitoring of digital assets, and provide technical training and knowledge transfer to central bank personnel. Previously, Certik has provided technical advisory support to U.S. regulators and the Monetary Authority of Singapore (MAS).
In a write-up by Wintermute OTC trader @Jjay_dm, BTC ETFs recorded a net outflow of $463 million for the week ending September 14, marking the first negative reading since June's lows. ARK and Grayscale alone accounted for combined outflows of $371 million, while BlackRock remained flat. As a result, BTC fell 4.4% for the week to close at $76,838, making it the worst-performing asset, while Ethereum dipped 1.5% and altcoins collectively gained 1.0%. On the macro front, the US August CPI came in at 0.4% month-on-month (core 0.3%), exceeding the expected 0.2%, while the PPI annual rate hit 5.4%, prompting Goldman Sachs to upgrade its September rate outlook from "hold steady" to "increase." The market has now priced in an 87% probability of a 25-basis-point hike on Wednesday. Meanwhile, ongoing escalation in Middle East tensions pushed Brent crude past $105/barrel, and the 10-year US Treasury yield reached a 20-year high. Wintermute stated that following the shift to negative ETF flows, it favors a neutral over a bullish market stance. Two key catalysts this week: ① On Tuesday, the US Senate will hold a procedural vote on the CLARITY Act (Crypto Market Structure Act), which requires 60 votes to pass; ② On Wednesday, the Fed will announce its interest rate decision. While the rate hike itself is already fully priced in, subsequent hawkish commentary (particularly any signals pointing to continued tightening into Q1 2027) could exert downward pressure on the crypto market.
Odaily News: Bitcoin News posted on X platform that Senator Elizabeth Warren called the CLARITY Act "an insult to the American people," arguing that cryptocurrencies would be exploited by criminals and terrorists and pose risks to the financial system. Senator Cynthia Lummis responded that Warren's stance represents "a surveillance state in the making," which would allow the federal government to monitor how Americans use their money through their bank accounts, and called it "wrong and un-American."The U.S. Senate will hold a key cloture procedural vote on the CLARITY Act at 2:15 PM Eastern Time today.
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 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)
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 reports: Bitcoin News posted on X that Jack Dorsey supports open AI model releases, independent evaluation, and review of dangerous capabilities, believing that open-weight models allow independent researchers to reproduce results, identify problems, and develop safeguards. He opposes industry-wide restrictions on compute, training runs, and model development negotiated by current leading labs, arguing that this could make existing leading companies the only capable participants and exclude entities that could identify problems or build alternatives. Jack Dorsey stated that restricting general model releases should be a last resort, implemented only when there is independently reviewable evidence that release would significantly increase catastrophic risks that cannot be addressed through narrower measures; he hopes users can run and control AI tools on their own devices.
: On September 9, Bulgaria's National Assembly passed amendments to the Tax and Social Security Procedure Code with 149 votes in favor, 0 against, and 10 abstentions, which will allow the Bulgarian National Revenue Agency to obtain detailed information on crypto asset users. The bill was approved by the 240-seat parliament.The amendments implement two European Union (EU) directives, requiring crypto asset-related businesses to register and report to the Bulgarian National Revenue Agency users' names, addresses, dates and places of birth, tax residences, and tax identification numbers, as well as to submit transaction data for various types of crypto assets, including gross amounts received, number of transactions, number of fiat buy and sell transactions, and crypto asset exchange activity.Privacy advocates criticized the scope of data collection as overly broad, arguing that mandatory disclosure of personal information could pose security risks. Crypto traders and small businesses said the registration and reporting requirements will increase compliance costs; supporters of the bill argue it aligns with EU standards and helps curb tax evasion. The relevant directives require EU member states to complete adoption by December 31, 2025. (Bitcoin.com News)
Bitcoin News posted on X platform stating that Coin Center says the latest revised BRCA text removes the provision that provided explicit criminal liability protection for developers who do not control user funds under 18 U.S.C. § 1960. The revised text would still protect developers who do not control user funds from being deemed money transmitters under the Bank Secrecy Act and FinCEN regulations, thereby significantly raising the difficulty of prosecuting developers solely for failing to obtain a money transmitter license or register with the federal government. However, the text cannot prevent prosecutors from arguing that developers knowingly transmitted funds derived from criminal activity, a theory that has become the core basis in the criminal cases against Tornado Cash developer Roman Storm and Samourai Wallet developers. Coin Center believes that this compromise represents substantive progress on the regulatory front, but developers still face broader money transmission criminal prosecution theories from the U.S. Department of Justice; if the CLARITY Act passes with the revised BRCA, the related disputes will mainly shift to the courts.
Odaily reports: Bitcoin News posted on X that the U.S. House Financial Services Committee plans to review H.R. 8957, the "American Reserve Modernization Act of 2026," on Wednesday, September 16, 2026, and the bill will enter the committee voting process. The bill was introduced by Representative Nick Begich, with Jared Golden as the only Democratic cosponsor. It proposes establishing a Strategic Bitcoin Reserve at the U.S. Department of the Treasury and creating a separate digital asset reserve for non-Bitcoin assets. The bill stipulates that compliant Bitcoin obtained by the federal government through forfeiture will be included in the reserve, and funds from the sale or exchange of non-Bitcoin assets may be used to purchase more Bitcoin or repay government debt. The Treasury Department and the Commerce Department will also study strategies for budget-neutral acquisition of more Bitcoin over the next five years, with the relevant provisions explicitly not authorizing funding for such purchases through borrowing, new taxes, or deficit spending. The committee review is scheduled to begin at 10:00 a.m. Eastern Time on Wednesday.
According to an analysis by Jiangzhuoer (@Jiangzhuoer2), CEO of Litecoin Pool, after Republicans released a new draft of the Clarify Act claiming concessions on 80% of the disputed provisions, Polymarket's passage probability rose accordingly from 14% to 28%. Upon closer inspection, however, the actual concession rate is around 60%, with only partial compromises made on key provisions. Under the ethics clause, the new draft expands restrictions to officials and their spouses but still excludes children and affiliated entities, a move criticized as having limited practical impact; regarding the enforcement clause, while it allows state attorneys general to sue exchanges for listing non-compliant tokens, it explicitly bars suing the Department of Justice for regulatory inaction or the President directly. Jiangzhuoer believes that Democrats lack any incentive to "hand Trump a gift" ahead of the midterm elections, making it unlikely they would endorse this "fake compromise." Consequently, the prospect of the procedural vote passing at 2:15 AM Beijing Time on September 16 is slim, and a failed vote on the Clarify Act could mark the beginning of a correction in the current BTC uptrend.
Odaily reports: Tom Lee, Chairman of Ethereum treasury company Bitmine, stated that ETH has multiple bullish catalysts in the coming months, laying the foundation for an expected surge in institutional buying of cryptocurrencies in the final months of 2026. These include the scheduled CLARITY Act vote in mid-September, South Korean investors re-entering crypto assets and rotating from AI stocks into the crypto market, and the "four-year cycle" pattern.Tom Lee further noted that the ETH/BTC ratio has risen to its highest level since January 30 of this year, breaking above the trendline formed since the pandemic-era peak and establishing a new uptrend. This reflects Ethereum's strengthening position as settlement infrastructure for Wall Street asset tokenization, while the market is increasingly recognizing that Ethereum may play a key role in the Agentic AI space. (PRNewswire)
Odaily reports: According to the latest Bitfinex Alpha report, rising energy costs, higher real yields, and weakening consumer confidence have made the macroeconomic environment more complex. Whether BTC can break out of its current range still depends on the Federal Reserve's policy guidance and the subsequent trajectory of real yields and energy prices.Bitcoin has recently remained within a range of approximately 5.5% for more than 24 consecutive trading days, with the cost basis of roughly 840,000 BTC located within this range. As profit-taking has slowed notably, the seller risk ratio has dropped to 7 basis points, one of the lowest levels over the past year, though insufficient buying pressure continues to limit a breakout. Meanwhile, leverage is accumulating at both the upper and lower boundaries of the range, with approximately $1.95 billion in short liquidation risk concentrated near $82,000, while larger long positions exist in the $75,000 to $76,000 range, potentially amplifying price volatility following the Federal Reserve's interest rate decision.
QCP released a report on September 14 stating that the market has largely priced in expectations of a 25 basis point rate hike by the Federal Reserve this week, with attention shifting to the language of the rate hike announcement and signals regarding the future rate path. U.S. August CPI rose 0.4% month-over-month and 3.4% year-over-year, while core CPI rose 0.3% month-over-month, with the year-over-year growth rate of core CPI declining from 2.5% to 2.4%.Bitcoin briefly fell to $76,700 following the release of the CPI data, before recovering to around $77,600; Ethereum remained near $2,500. Spot Bitcoin ETFs saw net outflows of $463 million last week, with net outflows slowing to $13.2 million on Friday; spot Ethereum ETFs saw net inflows of $197 million, with single-day net inflows of $216 million on Friday.
Albuquerque, New Mexico, passed Ordinance O-26-49, the "Virtual Currency Ordinance," on September 10, prohibiting the operation, hosting, or facilitation of cryptocurrency ATM and over-the-counter cryptocurrency transaction services within city limits. City Councilor Stephanie W. Telles stated that approximately 90% of such local transactions are related to fraud.The ordinance requires relevant operators to remove all affected devices within 45 days of the effective date, with violating individuals and entities facing cumulative fines. City Councilor Tammy Fiebelkorn stated that the ban aims to remove physical infrastructure that facilitates fraudulent activities.The ban does not affect residents' ability to hold, own, mine, and transfer digital assets through other means. The number of cryptocurrency ATMs in the United States has dropped from 38,708 to 27,945, following Bitcoin Depot's cessation of operations. (Bitcoin.com News)
Odaily News: U.S. Senate Majority Leader Chuck Schumer has convened the Senate Democratic caucus for a Sunday evening meeting to discuss the new text of the CLARITY Act that Republican senators circulated on Thursday. The text contains more than 100 amendments reportedly proposed by Democrats.The Senate will vote on Tuesday on whether to advance the bill through cloture, or to abandon the effort altogether. Democrats remain divided internally over ethics provisions, and community banks also oppose the stablecoin yield-related rules. Most Democratic senators are expected to vote against it.U.S. President Donald Trump discussed new wording on the ethics provisions with advisers on Friday, as Democrats demand that public officials divest their existing crypto assets. If all 53 Republican senators support the bill, it would need at least 7 Democratic senators to agree to proceed to debate on Tuesday; some Republican senators also oppose the current stablecoin yield provisions. (Bitcoin.com News)
Odaily reports: Bitcoin News posted on X that the U.S. Senate will hold its first procedural vote on the CLARITY Act on Tuesday at 2:15 PM ET. Senator Bernie Moreno urged colleagues to advance the bill, with amendments to be considered thereafter. Congressman Warren Davidson called for the removal of Section 305 before the bill passes, stating that the provision allows exchanges and stablecoin issuers to freeze suspicious transactions for 30 days, or up to 180 days at the request of law enforcement, effectively granting them the authority to carry out "civil asset forfeiture."
Odaily News: The Central Bank of Brazil's new regulations require virtual asset service providers to meet capital, audit, anti-money laundering, and continuous reporting compliance requirements, with capital requirements reaching up to 37.2 million reais, approximately $7.2 million. Of the current approximately 300 related institutions, only 20 to 25 may qualify to apply for authorization, and only 10 are expected to receive licenses.Some small platforms have already ended or restructured their retail operations, including Bitnuvem, NovaDAX, Digitra, and Coinext, but these platforms did not attribute the relevant decisions to the new rules. Institutions that fail to meet the requirements will also face ongoing compliance costs, and some operations may find it difficult to sustain.Relevant institutions must apply for authorization by October 30, and those that do not apply will cease operations within 30 days and notify customers. Isabel Longhi, Head of Public and Regulatory Policy for Latin America at Ripple, stated that market consolidation is expected to occur as Brazil's crypto market matures, but the new rules will limit innovation in the short term. (Bitcoin.com News)
Odaily News: In an operation targeting the Telegram crypto escrow trading platform Xinbi Guarantee, the U.S. Department of Justice's Scam Center Strike Force restricted the handling of approximately $52 million in fraud-related cryptocurrency in a single day, bringing the cumulative total to approximately $938 million. Previously, the cumulative amount frozen, seized, or recovered had already exceeded $580 million.The U.S. Department of the Treasury stated that since its founding around 2022, Xinbi Guarantee has processed over $24 billion in transactions, involving digital assets and fiat currency, primarily serving Southeast Asian transactions. North Korean hackers and sanctioned entities are alleged to have used the platform, including entities under Jin Bei Group and Prince Group.A U.S. federal court approved the seizure on September 7 of the Telegram channel operated by Xinbi Guarantee. Law enforcement authorities also seized two payment wallets totaling approximately $12 million and applied to freeze another 47 cryptocurrency wallets suspected of being used for money laundering or associated with fraud-related service providers.The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added Xinbi Guarantee and its two supporting companies, Safew Technology and Anwen Technology, to its sanctions list on September 9. The U.S. Department of Justice also dispatched investigators to Madagascar to assist local law enforcement in cracking down on 13 scam compounds operated by Chinese nationals and to process over 3,200 electronic devices. (Bitcoin.com News)