News linked to both this project and an event.
Odaily reports: Zhu Hexin, Party Secretary and Director of the State Administration of Foreign Exchange, chaired a Party Leadership Group meeting on October 30, 2026, to convey and study the important speech delivered by General Secretary Xi Jinping at the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China and the spirit of the plenary session, and to study and plan the implementation of the relevant work. Members of the Party Leadership Group of the State Administration of Foreign Exchange attended the meeting.The meeting required resolutely implementing the major decisions and arrangements of the CPC Central Committee. It is necessary to earnestly implement the requirements of the "15th Five-Year Plan," improve a more convenient, more open, more secure, and smarter foreign exchange management system and mechanism, advance deep-level reform and high-level opening-up in the foreign exchange field, do a good job in the "five major articles" of finance, safeguard the stability of the foreign exchange market and national economic and financial security, crack down harshly on illegal cross-border financial activities, strengthen the development of foreign exchange reserve management and operation capabilities, and earnestly follow the path of financial development with Chinese characteristics.
Next week, the Federal Reserve, the European Central Bank, and several other central banks will announce interest rate decisions, while key U.S. economic data including core PCE and GDP will be released. The Fifth Plenum of the 20th CPC Central Committee, the Israeli elections, and earnings reports from tech companies such as Microsoft and Alphabet will also be released concurrently.
Claude launched an update for hosted agents this week; users can now set budgets for sessions to keep spending predictable. When a session reaches the budget limit, it will automatically pause and trigger the budget_reached event, and users can increase the budget amount to resume the session. This feature is designed to help developers better manage the operating costs of AI assistants.
Base announced that Cobalt will launch in September, with key features including Sponsorship, Batch Calls, and Session Keys. Among these, Sponsorship allows applications to sponsor transaction fees for users, enabling free Gas; Batch Calls supports bundling multiple transactions into one, reducing operational steps; Session Keys allow users to authorize applications to sign transactions on their behalf within a specific scope, reducing repeated authorizations.
According to PR Newswire, the Open Transaction Layer (OTL) officially launched on May 28 as an open industry initiative aimed at establishing a unified transaction coordination standard for on-chain finance. OTL defines shared protocols among institutions, non-custodial wallets, and AI agents for identity verification, messaging, and transaction coordination—covering the entire transaction lifecycle, including discovery, compliance, and settlement. The founding alliance comprises over 25 members, including leading financial institutions, payment service providers, and blockchain foundations such as Fireblocks, Checkout.com, Cross River Bank, MetaMask, Robinhood, Securitize, Wintermute, Solana Foundation, and Polygon. OTL’s technical specifications are built upon mature standards including W3C Decentralized Identifiers (DIDs) and ISO 20022, and adopt a modular five-layer architecture covering Identity, Session, Transport, Messaging, and Application layers. The specifications have been published under an open-source license at otl.network, and the alliance is also open to additional institutional participation.