News linked to both this project and an event.
Odaily News: Zach Pandl, Head of Research at digital asset management firm Grayscale, said in an analysis on September 10 that even if Congress fails to pass the CLARITY Act this year, U.S. crypto regulation can still advance in areas such as stablecoins, token issuance, tokenized securities, and perpetual futures.U.S. President Donald Trump signed the GENIUS Act on July 18, 2025, establishing a regulatory framework for the issuance of payment stablecoins. The law requires issuers to hold full reserves and publicly disclose the composition of reserves on a monthly basis, and prohibits misleading claims that tokens are federally insured, backed by the U.S. government, or legal tender.The U.S. Securities and Exchange Commission (SEC) has proposed Regulation Crypto Assets, which would allow qualifying projects to raise no more than $5 million over four years, or no more than $75 million in any 12-month period. The related exemptions and investment contract safe harbor remain in the proposal stage, with the public comment period closing on October 20.The near-term procedural milestone for the CLARITY Act is a cloture vote on the motion to proceed scheduled for September 15. This procedural vote requires 60 votes to pass and is not a final vote. Grayscale said the bill would still help clarify the division of regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC), but its failure to pass would not halt regulatory measures already underway. (Bitcoin.com News)
Odaily News: The Office of the Superintendent of Financial Institutions (OSFI) is Canada's banking regulator. The agency stated on Thursday that tokenized deposits are not legally distinct from traditional deposits, noting that the underlying technology used by a financial product or service does not determine its legal nature.OSFI stated that financial institutions may conduct tokenized deposit business under existing financial regulatory laws without the need for additional regulations. Financial institutions and third parties conducting related activities on their behalf must ensure that their operations comply with applicable laws and regulations.OSFI requires financial institutions to communicate with their responsible OSFI supervisors in advance before launching new products or services, and recommends seeking legal advice prior to launch. The agency oversees nearly 350 financial institutions and 1,200 pension plans. (Bitcoin.com News)
According to Bitcoin.com, Mastercard officially launched the Wallet Pay payment solution on September 10, aiming to connect global digital wallets to its international payment network. The solution supports NFC contactless, QR code, online, and cross-border payments, covering over 200 countries and regions and 150 currencies. Global digital wallet users currently exceed 4.3 billion and are projected to surpass 6 billion by 2030. Participating entities include major wallet operators such as Alipay+, Mercado Pago, and MTN. Additionally, Mastercard announced support for the settlement of six compliant stablecoins across eight blockchain networks, and is partnering with over 85 institutions through its Crypto Partner Program to advance blockchain payment infrastructure.
Odaily reports: The Bank of Italy (Banca d'Italia) has issued a notice requiring payment service providers (PSPs) and crypto asset service providers (CASPs) to continuously review financial transactions using procedures related to the Travel Rule, with no minimum amount threshold.Relevant institutions must verify the names of the originator and beneficiary when establishing a customer relationship, when the EU Council makes a decision, and at the time of each transaction, and cross-check them against lists of sanctioned individuals and entities. Automated systems must not set a minimum amount threshold that limits transaction review, and transfer delays may be accepted when necessary to strengthen sanctions screening. (Bitcoin.com News)
Odaily reports: Cryptocurrency exchange Gemini has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS), enabling it to provide digital payment token and cross-border transfer services.The license supports Gemini in offering spot trading, custody, and over-the-counter (OTC) services to both retail and institutional clients. Gemini has been serving customers in Singapore since 2020.Gemini co-founder and President Cameron Winklevoss stated that obtaining the license reflects the company's commitment to the Singapore market. Co-founder and CEO Tyler Winklevoss said Singapore will serve as the company's regional strategic hub. (Bitcoin.com News)
Odaily News: Stablecoin issuer Circle has agreed to acquire Singapore-based payment infrastructure company Tazapay in an all-stock transaction valued at $400 million. The deal is expected to close in 2027 and remains subject to regulatory approvals, including approval from the Monetary Authority of Singapore.Tazapay has over 60 banking and fintech partners, providing local payout infrastructure across more than 100 markets, with annualized payment volume exceeding $25 billion, of which approximately 60% of transactions involve stablecoins.Tazapay has served as a design partner for the Circle Payments Network since 2025. Circle CEO Jeremy Allaire stated that combining USDC, Tazapay's banking network, and institutional client base can drive global adoption; Circle's Senior Vice President of Payment Business Irfan Ganchi noted that the acquisition will enhance its global payment send and receive capabilities. (Bitcoin.com News)
According to Bitcoin.com, Ripple Chief Legal Officer Stuart Alderoty has recently visited the offices of several senators with undecided or opposing stances, requesting that they meet with actual U.S. cryptocurrency holders before the vote. Ripple cites data showing that there are currently 67 million cryptocurrency holders in the United States, with the industry providing 232,000 jobs and generating approximately $55 billion in economic activity. A procedural vote will take place on September 15, requiring at least 60 votes to initiate formal debate on the CLARITY Act. The bill aims to establish a federal regulatory framework for digital assets, transferring oversight authority of the digital commodity spot market to the CFTC, marking the largest expansion of the CFTC's powers in its history. Currently, seven Democratic senators have raised ethical concerns regarding the bill, leaving uncertainty over whether it can clear the 60-vote threshold.
Odaily News, a report from the Cornell Brooks School Tech Policy Institute (BTPI) shows that if the US implements a de minimis exemption for Bitcoin and cryptocurrency payments under $300, federal net revenue is projected to increase by $859 million over 10 years, with a range of $172 million to $2.58 billion. The estimate assumes the number of digital asset payment users remains at 5.4 million.US Senator Cynthia Lummis' proposed bill S. 2207 seeks to exempt capital gains tax on related payments, with an annual cap of $5,000 on tax-free capital gains. Some other legislative initiatives aim to limit the exemption scope to regulated stablecoins, and discussions are still ongoing.BTPI stated that current capital gains tax and small transaction reporting requirements suppress daily Bitcoin payments. If transaction-level tax and reporting burdens are removed, Bitcoin payments and demand could increase; at current adoption levels, the near-term impact on Bitcoin prices and tax revenue may be minimal, while the long-term impact depends on factors such as payment scale. (Bitcoin.com News)
Odaily News According to blockchain analysis firm Chainalysis, France's potential taxable cryptocurrency activity in 2025 is estimated at $9.4 billion, comprising $5.2 billion in payments, $2.5 billion in capital gains, and $1.7 billion in mining and staking income.French taxpayers declared only €368 million in net gains for the 2024 tax year, involving approximately 24,000 individuals—up from about 7,700 people and €150.8 million the previous year. Chainalysis noted that in some countries, the rate of non-compliance with crypto tax obligations may exceed 90%.The EU's Eighth Administrative Cooperation Directive (DAC8) took effect on January 1, 2026, requiring crypto service providers to collect user identity and transaction data. Member state tax authorities will begin cross-border exchanges of relevant records from September 30, 2027. The CARF currently covers approximately 14% of potentially taxable on-chain activity globally. (Bitcoin.com News)
据 Bitcoin.com 报道，瑞典税务局对博登市六家加密货币矿企开出约 5650 万美元（约 5.4 亿瑞典克朗）的补税及罚款单，指控其通过复杂公司架构伪装挖矿业务、非法套取数据中心税收优惠。此次执法源于 2024至 2026 年的全行业审计，全国共九家矿企被追缴逾 5000 万美元税款，博登六家企业占绝大多数。 其中，Hive Digital 旗下子公司 Bikupan Datacenter 因无力缴税已启动财务重组，并就税务裁定向最高行政法院提起上诉。此前公共广播机构 SVT Norrbotten 调查显示，加密矿企已累计使瑞典政府损失约 1 亿美元税收。
Odaily News: The U.S. Federal Bureau of Investigation (FBI), combining blockchain analysis, human intelligence, and court orders, tracked and seized over $560,000 in cryptocurrency originally intended for Hamas. The investigation involved shared wallets, cross-chain bridges, exchanges, and stablecoin accounts.Three seizure actions took place in March, June, and October 2025. Investigators discovered that multiple donation addresses linked to Hamas' military wing, the Al Qassam Brigades, used the same gas wallet to pay transaction fees. Through Reactor, they visualized funds flowing from donation wallets to operational wallets and related infrastructure.In the June 2025 case, funds moved through new addresses, accounts, over-the-counter brokers, and suspected money mule accounts. By October, the network had shifted to using one-time donation wallets and cross-chain bridges. Court orders required Tether to burn USDT at designated addresses and reissue equivalent assets to law enforcement wallets, while Binance was instructed to transfer balances from three accounts. (Bitcoin.com News)
Odaily报道 The U.S. Federal Bureau of Investigation (FBI) has seized over $560,000 in cryptocurrency through court-authorized actions and gained control of domains and servers allegedly used by Hamas to raise funds and recruit supporters. The operations involved three seizures conducted on March 25, June 25, and October 10, 2025.Investigators identified an encrypted chat group that directed supporters to fundraising websites and tracked cryptocurrency addresses that were rotated periodically. The operation also obtained information on thousands of individuals who had contacted Hamas online, attempting to make donations using cryptocurrency or traditional methods.This action expands on the $200,000 cryptocurrency seizure announced in March 2025. At least 17 related addresses have transferred over $1.5 million since October 2024, with funds passing through exchanges, over-the-counter brokers, and accounts linked to locations including Turkey. (Bitcoin.com News)
Odaily News According to Odaily, Prediction market platform Kalshi has not yet filed its response with the U.S. Supreme Court, with a 30-day deadline for its response to New Jersey's September 2 filing. New Jersey is asking the court to determine whether states can regulate sports betting offered on exchanges registered with the Commodity Futures Trading Commission (CFTC), as the Third Circuit Court of Appeals and the Ninth Circuit Court of Appeals are split on the issue.Kalshi CEO Tarek Mansour stated that the CFTC will issue new rules within the coming weeks or months to further clarify Rule 40.11. Kalshi's litigation lead Jovy Dedaj and spokesperson Dani Lever also noted that the Ninth Circuit's ruling was primarily based on regulatory provisions currently being rewritten.In June, the CFTC proposed replacing its blanket prohibition on betting contracts with case-by-case public interest reviews, under which sporting events would be classified as gambling, though most game outcomes and special wager contracts could still be permitted. After Kalshi submits its response, New Jersey will have 10 days to reply, and the Supreme Court typically schedules a conference to consider the case about a month thereafter. (Bitcoin.com News)
Odaily News: Connecticut Attorney General William Tong and State Banking Commissioner Jorge Perez issued a consumer alert on September 3 stating that a resident deposited $200,000 into an unregulated DeFi crypto trading platform following suspected deception, and the funds are currently unrecoverable.The alert lists seven offshore DeFi platforms—GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid—but does not specify that the resident used any of them.Connecticut officials noted that some platforms offer leverage of 50x, 100x, and up to 250x; the related perpetual contracts also involve risks associated with liquidation, funding rates, smart contracts, and oracles.The alert also covers perpetual contracts linked to Apple, Tesla, Nvidia, and SpaceX, stating that these correspond to synthetic prices rather than actual stocks. Officials remind residents to verify the registration status of crypto services, retain transaction and communication records, and promptly report suspected scams. (Bitcoin.com News)
Odaily News – Coinbase Derivatives and Coinbase Financial Markets, subsidiaries of cryptocurrency exchange Coinbase, respectively submitted Form 1-N and Form BD-N to the U.S. Securities and Exchange Commission (SEC) on September 1, with plans to launch single-stock perpetual contracts in the United States.Coinbase Chief Policy Officer Faryar Shirzad stated that the relevant products still require approval from the U.S. Commodity Futures Trading Commission (CFTC) in the next step. The two filings pertain to registration as a security futures exchange and a limited-purpose security futures broker, respectively.Since March 20, Coinbase has offered non-U.S. users 10x perpetual contracts on stocks such as Apple, Nvidia, and Tesla, settled in USDC and supporting 24-hour round-the-clock trading. U.S. users were previously explicitly excluded from this product. (Bitcoin.com News)
Odaily News, data from the Central Bank of Brazil (BCB) shows that crypto purchases in July totaled $572 million, down nearly 80% from $2.6 billion in June and nearly 60% from $1.4 billion in July 2025.Fernando Rocha, head of the statistics department at the Central Bank of Brazil, stated that the changes are occurring as cryptocurrency exchanges adapt to the new regulatory environment for digital assets, with anti-money laundering controls and governance requirements being significant factors in the decline in transaction volumes.Since 2026, Brazil's cumulative crypto purchases have reached $15.25 billion, more than double the $7.6 billion recorded in the same period of 2025. The BCB noted that most of these transactions involve stablecoins. (Bitcoin.com News)
Odaily News The U.S. Securities and Exchange Commission (SEC) has published responses to its request for comments on "Novel ETFs," funds that may hold crypto assets or employ unconventional strategies. The divergence in opinions centers on whether filing documents should remain public before the fund begins trading, and how fast the review process should be.Crypto asset manager Grayscale and the crypto policy organization Crypto Council for Innovation (CCI) support an optional confidential filing period to reduce the likelihood of competitors submitting imitation filings. Charles Schwab opposes full confidentiality and suggests disclosing filings at least 75 days before a fund launches.Grayscale requests the SEC to respond within 45 days, while CCI argues that the confidential process should not extend the automatic effectiveness or review deadlines. Venture capital firm Andreessen Horowitz (A16z) supports shortening the review timeline but emphasizes that the rigor of the review should not be reduced. Trading firm Jane Street, however, contends that accelerating the process could lead to lower product quality, competitiveness, and liquidity.The U.S. currently has 174 ETFs related to crypto assets. BlackRock's iShares Bitcoin Trust ETF (IBIT) manages approximately $61 billion in assets, accounting for roughly 38% of the total assets of related ETFs. The SEC will determine whether adjustments will be made to the confidentiality arrangement and review speed of filings. (Bitcoin.com News)
Odaily News - Echo Base, an institution focused on stable digital asset companies, assisted in forming the BitMart Creditors' Committee on September 2 to represent users holding frozen assets, and has retained legal counsel to evaluate recovery options, including filing for unfunded bankruptcy proceedings.On August 6, Echo Base proposed a funding package of up to $10 million to support BitMart in filing a pre-negotiated bankruptcy application, but received no response from BitMart. Echo Base stated that its actions stem from BitMart's failure to respond to the restructuring proposal and users' withdrawal requests.Sonn Law Group has launched an investigation into users with frozen assets of $500,000 or more on BitMart, assessing potential claims and asset recovery options. Echo Base CEO Roshan Dharia stated that BitMart's employee plan can only sustain operations until January 2027, and the longer the delay, the fewer viable options remain. (Bitcoin.com News)
Odaily News: The G20 Finance Ministers and Central Bank Governors convened from August 31 to September 1 in Asheville, United States, and voiced support for establishing clearer regulatory pathways for digital asset growth, placing digital assets on the agenda for the U.S. presidency term of 2026.The G20 stated that digital financial innovation can support broad-based economic growth, with the private sector playing a key role in driving related innovation. The meeting also highlighted global stablecoins, cross-border payments, and extended operating hours for large-value payment systems as key topics, while endorsing the adoption of the ISO 20022 data standard.The G20 called on the Financial Action Task Force (FATF) to prioritize jurisdictions with significant virtual asset activity, strengthening the enforcement of anti-money laundering (AML) standards. As of July, among the 149 jurisdictions assessed by the FATF, only 1 fully complied with the relevant standards, 34% were largely compliant, 43% were partially compliant, and 22% were non-compliant. (Bitcoin.com News)
Odaily News According to data from prediction market platform Polymarket, the CLARITY Act has a 15% probability of completing legislation and receiving the President's signature by 2026, with related contract trading volume reaching approximately $11.62 million. Kalshi data shows that the probability of this bill or other qualifying crypto market structure bills becoming law before July 1, 2027, is 30%, and 50% before January 1, 2028.In remarks during a hearing on September 2, House Financial Services Committee Chairman French Hill highlighted the House's passage of the CLARITY Act as a committee achievement, stating that Republican committee members are pushing to codify related reforms into law to make financial rules durable and predictable over the long term.According to the U.S. Senate schedule, the motion to invoke cloture on H.R. 3633 could move to a vote as early as September 15 at 2:15 p.m., typically requiring 60 votes. The Senate Banking Committee advanced the bill on May 14 with 15 votes in favor and 9 against. The subsequent amended text addresses the regulatory authority of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), consumer protections, illicit finance, DeFi, intermediary oversight, and disclosure requirements. (Bitcoin.com News)