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Treasury is an emerging euro-denominated Bitcoin treasury company. With Bitcoin as the digital gold benchmark, we are building a transparent, liquid, and institutional-grade structure for Bitcoin exposure in Europe.
UK House of Lords Passes Digital Asset Strategy Amendment 194-138
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)
DFDV Expands SOL Treasury to 2.389 Million SOL and Establishes a $300 Million CHAD ATM
According to an official announcement from DeFi Development Corp., Nasdaq-listed company DFDV announced that its total SOL treasury holdings have increased to approximately 2.389 million SOL (up by roughly 55,000 SOL from August 27, representing a month-over-month growth of approximately 2%). The company also announced a $300 million at-the-market (ATM) offering plan for CHAD (Variable Rate Series C Perpetual Preferred Stock), with proceeds primarily intended for continued SOL acquisitions. The company stated that the CHAD issuance price will not fall below the $10 par value per share, with R.F. Lafferty & Co. appointed as the exclusive sales agent. Year-to-date, SOL has outperformed the Nasdaq 100 index by 39%, while DFDV’s returns have been double that of SOL. CEO Joseph Onorati stated that the launch of the CHAD ATM will further advance the company’s “fundraising — coin accumulation — yield generation — compounding” capital flywheel strategy.
JPMorgan: Four Reasons for a Bullish Outlook on US Stocks, September Rate Hike Decision Hinges on CPI
According to Chaoxiang Research, JPMorgan’s September 6, 2026 research report highlights four reasons supporting a bullish stance on US equities despite heightened volatility in interest rates, exchange rates, and oil prices: strong growth (GDP and EPS forecasts continue to be raised), interest rates are not too high (rising yields reflect economic expansion rather than monetary tightening), the US favors a weak dollar policy, and hedge fund positioning remains neutral to light. August nonfarm payrolls added 162,000 jobs, far exceeding expectations; however, whether to hike rates in September hinges on the September 11 CPI data, with JPMorgan projecting core CPI to rise 0.21% month-over-month. The MSCI World Index has gained 12% year-to-date, while the 10-year US Treasury yield has climbed by only 60 basis points, and earnings growth is currently absorbing valuations.
The stock of Nakamoto Inc., controlled by Trump crypto ally David Bailey, plunged 99% from its peak.
According to Bloomberg, crypto entrepreneur David Bailey, who played a pivotal role in helping Trump pivot to Bitcoin, has seen the stock of his publicly traded company, Nakamoto Inc., plunge approximately 99% from its peak since the merger announcement in May 2025. Previously, Bailey raised roughly $760 million for the firm to build Bitcoin reserves, and his hedge fund also posted a robust 640% return. This latest downturn reflects the broader collapse of digital asset treasury companies, as the premium investors were previously willing to pay to hold Bitcoin through publicly traded entities has significantly faded. Bailey stated that he maintains irregular contact with the White House and is currently focused on proving that the company retains a viable business foundation despite the crash.
Goldman Sachs: Q2 EPS up 14%, earnings recovery spreading
According to Chaoxiang Research, Goldman Sachs' August 31, 2026 research report notes that Q2 S&P 500 median company EPS growth was 14%, with the earnings recovery spreading from AI infrastructure to broader sectors. Excluding AI infrastructure companies, earnings growth for the rest of the index also reached a new high for this cycle. Year-to-date, the S&P 500 is up 12%, with the forward P/E ratio still at 20x. Valuations have not expanded; earnings growth has absorbed the equity gains. In August, the S&P 500 gained approximately 2.5%, entirely driven by the first two trading days of the month. The Federal Reserve held rates steady in July, and Warsh's hawkish debut at Jackson Hole pushed the probability of a September rate hike above 50%. Goldman Sachs forecasts the month-over-month increase in core CPI and PCE for August to be around 0.2%, making a rate hike unlikely. The Treasury has expanded its U.S. Treasury buyback program. With the Strait of Hormuz closed for six months, Goldman Sachs believes oil prices may have topped out, and European natural gas carries significant upside risk. Inflation has remained elevated for five consecutive years, but Goldman Sachs assesses that inflation expectations have not yet faced de-anchoring risks. September's ISM Manufacturing, Nonfarm Payrolls, CPI, and PCE data will provide further directional guidance.
HYPE Treasury PURR Increases Equity Financing Commitment to $2.5 Billion and Sets Cap on Discounted Secondary Offerings
US-listed Hyperliquid Strategies Inc. (PURR), the HYPE treasury company, has amended its ChEF Purchase Agreement with Chardan Capital Markets, increasing the total committed amount for newly issued common shares from $1 billion to $2.5 billion. The amended agreement introduces a new trading cap mechanism: once cumulative sales exceed $1 billion, if the offering price falls below $12.02 per share, additional issuances will be capped at 42,641,847 shares, representing 19.99% of the outstanding shares prior to the amendment. Any additional issuances exceeding this cap require shareholder approval in accordance with Nasdaq rules, aimed at mitigating the dilutive impact on existing shareholders caused by low-priced offerings.
UK House of Lords Passes Digital Asset Strategy Amendment 194-138
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)
Bessent: If Stablecoins Harm Community Banks, I Will Use CLARITY Tools
Odaily News: U.S. Treasury Secretary Scott Bessent posted on X' platform, stating: The CLARITY Act is crucial to ensuring the United States wins the global new technology race. This is also why Congress passed the GENIUS Act, aimed at ensuring that stablecoin infrastructure—this revolutionary financial technology—is built in the United States.Bessent stated that ensuring the continued prosperity of the U.S. community banking sector has been a consistent focus since he took office. The government's dual emphasis on promoting the development of new digital technologies and appropriately adjusting community bank regulation is key to both sectors jointly driving U.S. economic growth. The final draft of the CLARITY Act advances this mission by granting the Treasury Secretary additional authority to take action when deposit outflow facts change and adversely affect community banks.Bessent said: If stablecoins cause harm to community banks, he will not hesitate to use these tools to ensure they are fully protected. Community banks are vital to U.S. economic performance and Main Street growth. Economic security is national security, and community banks play an important role in this principle.
US Strategic Bitcoin Reserve Bill to Go to Committee Vote on Wednesday
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.
The UK Financial Conduct Authority is exploring regulatory exemptions for tokenized gold.
According to the Financial Times, the UK Financial Conduct Authority (FCA) is working with the Treasury and the Bank of England to establish a dedicated regulatory framework for tokenized gold or broader tokenized commodities, while also assessing whether certain tokenized gold products or market infrastructure should be exempt from the regulatory scope of Collective Investment Schemes (CIS) and Alternative Investment Funds (AIF). Specific arrangements have not yet been finalized.
US Senate Banking Committee Chairman: It's Time to Pass the CLARITY Act
Tim Scott, Chairman of the U.S. Senate Banking Committee, stated on X platform that it is now time to pass the CLARITY Act. He said the CLARITY Act will protect hard-earned money, keep jobs and innovation in the United States, and strengthen national security. This final text further grants law enforcement greater authority and provides the Treasury Secretary with tools to protect community banks, farmers, and rural Americans.Previously, U.S. Senate Republicans had released a new version of the CLARITY Act text, and Trump has agreed to approximately 80% of the ethics provisions in the new version of the bill.
US Senate Republicans release new version of Clarity Act text, incorporating ethics proposal agreed to by Trump
Odaily report: A Fox Business crypto reporter posted on X that U.S. Senate Republicans have released a new version of the "Clarity Act" text, which incorporates a revised ethics proposal agreed to by Trump and adjusts provisions related to the "Blockchain Regulatory Certainty Act," stablecoin yield, and the so-called "Ag" section. Republicans called this their "last, best, and final" offer to Democrats ahead of Tuesday's vote to end debate proceedings.The new text narrows the scope of the "Blockchain Regulatory Certainty Act" to the Bank Secrecy Act and civil enforcement, and removes specific language extending related protections to criminal cases, including prosecutions under Section 1960. The ethics proposal includes requiring Trump to sell "substantial" crypto-related financial interests or place them in a blind trust, and allows state attorneys general to enforce the ethics provisions; the stablecoin yield clause adds a "circuit breaker" mechanism, under which federal regulators can intervene if there is evidence of large-scale flows from community bank deposits into stablecoins, with Treasury Secretary Scott Bessent serving as the adjudicator.The "Ag" section adds new restrictions on vertical integration, including related-party transactions and conflicts of interest involving digital commodity exchanges, brokers, and dealers, and clarifies that state consumer protection laws still apply; the developer protection clause will not constitute an exemption from derivatives law, nor will it affect prediction markets.
KULR Liquidates Remaining 764 BTC, Fully Exits Bitcoin Treasury Strategy
According to documents filed by KULR with the SEC, the company sold approximately 764 BTC on the open market between August 20 and September 11 at a weighted average price of approximately $76,633, generating roughly $58.6 million in proceeds. The sale covered all of its remaining BTC, meaning KULR no longer held any Bitcoin as of the filing. The company stated that the transactions were part of ongoing treasury management operations but did not disclose the specific use of the funds.
Ampleforth Treasury's ~$2.5 Million at Risk from Malicious Governance Proposal
Odaily report: According to Defimon monitoring, a suspicious proposal 54 has appeared in Ampleforth's governance system Governor Bravo, involving approximately $2.5 million in treasury funds. The incident has been classified as an access control risk and malicious governance proposal, and the related funds have not yet been transferred out. The Ampleforth timelock contract currently holds approximately 2.538 million USDC, meaning the proposal involves nearly all treasury assets. The proposer disclosed that they authored the proposal themselves and plans to vote through a delegated address holding 87,238 FORTH, approximately 0.57% of the supply, slightly above the 75,000 FORTH proposal threshold. The proposal quorum is 600,000 FORTH, valued at approximately $132,000 at FORTH's current price of $0.22.
BIT: Fed Pause on Rate Hikes Could Mark the Start of a Q4 Crypto Rally
According to BIT's weekly "On Target" report, BIT analysts identify two key market catalysts: first, U.S. debt has surpassed the psychological threshold of $40 trillion, and second, U.S. Treasury yields are approaching the critical 5.0% level. Since July 24, Bitcoin has accumulated gains of 22% and gold has risen 9.4%, confirming earlier forecasts. Macro cycle models indicate that the market is currently in the first phase of cyclical reflation, typically accompanied by a weakening U.S. dollar and rising commodity prices. Historical data indicates that during this phase: • Annualized returns for U.S. equities at approximately 29% • Annualized returns for gold at approximately 47% • Annualized returns for Bitcoin at approximately 73% Furthermore, between 2020 and 2026, the compound annual growth rate (CAGR) of U.S. debt has reached 8.59%, while the CAGR for M2 money supply stands at 6.02%, significantly outpacing the CPI's 4.11%. This sustained accumulation of long-term inflationary pressure further reinforces the allocation rationale for gold and Bitcoin.
Bitcoin remains stuck in the $80,000 consolidation range, with rising rate hike expectations capping upside potential
Odaily News - According to the Bitfinex Alpha analysis report, August employment data has reinforced expectations of a Fed rate hike in September. The market now estimates the probability of a 25-basis-point hike on September 16 at approximately 60%. However, Bitcoin remains near $80,000, with US spot Bitcoin ETFs recording net inflows of approximately $986.7 million last week.Data shows that US non-farm payrolls increased by 162,000 in August, while the unemployment rate held steady at 4.1%. The manufacturing PMI rose to 54.6, indicating that the economy has not shown signs of a sharp slowdown. Nevertheless, input costs remain elevated, and inflationary pressures have shifted market policy discussions back toward rate hikes.Meanwhile, US Treasury yields continue to weigh on risk assets, with the 2-year yield climbing to 4.37% and the 30-year yield holding at a high of 5.24%. Bitfinex notes that Bitcoin has encountered resistance near $82,000 recently and remains range-bound between approximately $77,200 and $82,100.Bitfinex believes that sustained ETF inflows and growth in stablecoin supply are providing support for Bitcoin, but Fed policy expectations and elevated Treasury yields are limiting upside potential. If this week's inflation data comes in below expectations, the market may once again price in a pause in rate hikes for September; conversely, persistent inflationary pressures could further strengthen rate hike expectations. Until a breakout from the current consolidation range occurs, Bitcoin is more likely to maintain a relatively strong sideways trend rather than confirming the start of a new upward rally.
Ansem: Many Smart Traders Still Not Turned Bullish, Expected to Aggressively Chase Gains in Q4
Odaily News: Crypto trader Ansem stated in a post that some of the top traders he knows have still not turned bullish, primarily citing concerns over war, Treasury yields, the Federal Reserve's policy meetings, and the four-year cycle.Ansem believes that as the market develops, these still-cautious traders will shift their stance in Q4 and begin aggressively chasing gains.
“1011 Insider Whale” Agent: Bitcoin Holds Key Support at $76.6K, Year-End Outlook Remains Cautiously Optimistic
Odaily News – In the latest weekly report, Garrett Jin, agent for the “1011 Insider Whale,” stated that despite oil prices rising to around $95 this week, the 10-year U.S. Treasury yield breaking above 4.8%, and market expectations for a September Fed rate hike climbing to approximately 70%, Bitcoin has held its key support at $76,600 and has since recovered to above $77,000.Garrett noted that the $75,000 to $80,000 range has formed a substantial new cost basis, providing firmer support for the market. If Bitcoin closes above $82,500 on the daily chart and subsequently holds around $80,000 during a pullback, it would signal that the market is absorbing selling pressure and gearing up for further strength. Conversely, if the daily close falls below $76,600—accompanied by weakness in at least two of the following metrics: ETF flows, Coinbase premium, and 7-day net realized profit/loss—it would constitute a clearer downside warning.On the capital front, U.S. spot Bitcoin ETFs saw net inflows of approximately $3.5 billion in August, but September opened with two-way flows, recording net outflows of around $237 million on Tuesday. Garrett believes that Bitcoin holding key support amid heightened macro rate pressures suggests recent spot demand is not entirely driven by short-squeeze dynamics. He maintains a constructive outlook for Bitcoin's performance toward year-end, though he notes that future trajectory will depend on whether U.S. Treasury yields can halt their sustained upward trend.
Ampleforth Faces Malicious Governance Proposal Attack, $2.5 Million USDC Treasury Funds at Risk
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.
US Department of Justice Has Frozen Approximately $938 Million in Fraud-Related Crypto, With About $52 Million Added in a Single Day
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)
UK NCA warns criminals are "innovatively" using crypto assets to launder money
According to Decrypt, the UK National Economic Crime Centre (NECC) stated in its annual report that criminals are "innovatively" leveraging crypto asset products to evade detection and transfer illicit funds at scale, while also highlighting AI alongside cryptocurrencies as an emerging threat method. Crypto assets have been ranked third among the nine priority economic crime areas jointly designated by NECC, the FCA, and the Treasury. NECC stated it will build more proactive, intelligence-driven crypto capabilities to actively identify targets for enforcement action. Previously, the NCA, in collaboration with the US Secret Service, Coinbase, Binance, Kraken, and Tether, conducted "Operation Atlantic," which identified 20,000 phishing attack victims and resulted in the freezing of $12 million in assets this March.
前美国国防部长呼吁参议院尽快通过 CLARITY 法案，称其为国家安全法案
According to Cointelegraph, former U.S. Secretary of Defense Mark Esper wrote in the Financial Times, calling on the Senate to pass the CLARITY Act as soon as possible and emphasizing that the bill is not only a financial services bill but also a national security bill. Esper pointed out that China is heavily investing in state-led payment systems to bypass U.S. regulation and undermine the dominance of the U.S. dollar, while weak digital asset regulatory rules also provide loopholes for North Korean hacking organizations such as the Lazarus Group to evade U.S. financial controls. He stated that the CLARITY Act will expand the Treasury Department's special measures authority under Section 311 of the USA PATRIOT Act and is a powerful weapon to combat malicious actors.
Coldcard Hardware Wallet Vulnerability Leads to Outflow of Approximately 1,367 BTC, Bitcoin Drops Below $63,000
Odaily News: Major cryptocurrencies moved lower on Monday, with Bitcoin briefly falling to around $62,800 and Ether dropping to $1,858. Although expectations related to the geopolitical situation had improved earlier, the market failed to sustain a rebound. Following the expansion of the Coldcard hardware wallet vulnerability, approximately 1,367 BTC flowed out of roughly 4,585 addresses, valued at nearly $89 million, occurring across three rounds of attacks. The market's weakness stood in contrast to falling crude oil prices, a pullback in U.S. Treasury yields, and gains in stock index futures.
Senator Lummis Champions the CLARITY Act to Combat Lazarus Group and Other Crypto Illegal Activities
According to Bitcoin.com, U.S. Senator Cynthia Lummis is pushing hard for the CLARITY Act to complete Senate voting before Congress adjourns. Section 303 of the bill grants the Treasury Department the authority to impose targeted digital asset sanctions on foreign jurisdictions, while Section 305 allows exchanges to freeze suspicious transactions for up to 180 days. On-chain data shows that North Korea's Lazarus Group stole approximately $643 million in the first half of 2026, accounting for two-thirds of the total global crypto theft during the same period ($972 million), including a $285 million attack on Drift Protocol in April and a $292 million attack on the KelpDAO cross-chain bridge. The group's cumulative theft amount has reached $6.75 billion since 2019. Currently, Galaxy Research has lowered the probability of the CLARITY Act passing within 2026 to 30%. The bill still requires 60 votes to advance, meaning at least 7 Democratic senators need to vote across party lines in support.
Binance Wealth Launches ETF Wealth Management
Odaily reports: According to an official announcement, Binance Wealth has officially launched ETF Wealth Management, providing users with a one-stop TradFi asset allocation platform focused on cash management and yield strategies. The initial offering features 11 selected U.S. equity ETFs, covering short-term U.S. Treasury ETF, investment-grade bond ETF, and other products, with corresponding options for different allocation horizons including under 6 months, 6 to 12 months, and over 1 year.Users can independently select products and place orders through ETF Wealth Management, with orders executed in the market via Binance Stock Trading, and execution, clearing, and custody handled by a licensed third-party broker. Users actually hold ETF shares and enjoy economic rights such as price changes and cash dividends. Binance states that ETF Wealth Management only provides product information and access channels, is not a savings product, does not offer fixed returns, and ETF prices will fluctuate with the market.
Ampleforth Faces Malicious Governance Proposal Attack, $2.5 Million USDC Treasury Funds at Risk
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.
US Department of Justice Has Frozen Approximately $938 Million in Fraud-Related Crypto, With About $52 Million Added in a Single Day
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)
The UK House of Lords voted 194 in favor of establishing a digital asset strategy
the UK House of Lords on Wednesday passed an amendment by a vote of 194 in favor to 138 against, requiring the government to formulate a digital asset strategy, despite opposition to the measure from the ruling Labour Party.The amendment, proposed by Conservative peer Baroness Neville-Rolfe, requires the UK Treasury to formulate, publish, and seek consultation on the strategy within 12 months after the Financial Services and Markets Act takes effect.The strategy will cover crypto assets, stablecoins, and tokenized securities, and address issues including innovation, consumer protection, and enterprises' access to banking, payment, and settlement services. The related bill still needs to be submitted to the House of Commons, where lawmakers may accept, amend, or reject the Lords' amendments.The UK Cryptoasset Business Council expressed support for the vote result. Previously, Lord Stockwood, the UK Treasury's Minister for Investment, had stated that the government already has a digital asset strategy and is implementing it. (Cointelegraph)
US Treasury Sanctions Xinbi Guarantee and Other Entities Linked to $24 Billion in Cryptocurrency Fraud Funds
The U.S. Department of the Treasury has sanctioned the guarantor of the online marketplace Xinbi, suspected of assisting Chinese cybercriminals, alleging involvement in illegal financial transactions totaling up to $24 billion since 2022. Two affiliated entities providing technical support, SafeW and Anwen, were also added to the sanctions list.
Iran's entire digital asset industry has been brought under U.S. sanctions, as the U.S. Treasury expands OFAC's authority
Bitcoin News stated on the X platform that the U.S. Treasury has expanded sanctions against Iran, covering the country's entire digital asset industry, allowing OFAC to take action against industry operators regardless of their location. The measure took effect on August 24 and also extends to gold, shipping, aviation, and technology. Elliptic's tracking found that Iran's central bank has acquired at least $507 million worth of USDT; Tether froze $344 million in USDT linked to the bank in April. Iran also obtains crypto assets through Bitcoin mining, with Elliptic estimating its Bitcoin mining accounts for approximately 4.5% of the global total, generating hundreds of millions of dollars in crypto assets annually. The measure does not automatically sanction all Iranian cryptocurrency users, but the U.S. Treasury has gained broader authority to target the industry and supporters of designated entities.
Related news
UK House of Lords Passes Digital Asset Strategy Amendment 194-138
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)
Binance Wealth Launches ETF Wealth Management
Odaily reports: According to an official announcement, Binance Wealth has officially launched ETF Wealth Management, providing users with a one-stop TradFi asset allocation platform focused on cash management and yield strategies. The initial offering features 11 selected U.S. equity ETFs, covering short-term U.S. Treasury ETF, investment-grade bond ETF, and other products, with corresponding options for different allocation horizons including under 6 months, 6 to 12 months, and over 1 year.Users can independently select products and place orders through ETF Wealth Management, with orders executed in the market via Binance Stock Trading, and execution, clearing, and custody handled by a licensed third-party broker. Users actually hold ETF shares and enjoy economic rights such as price changes and cash dividends. Binance states that ETF Wealth Management only provides product information and access channels, is not a savings product, does not offer fixed returns, and ETF prices will fluctuate with the market.
Bessent: If Stablecoins Harm Community Banks, I Will Use CLARITY Tools
Odaily News: U.S. Treasury Secretary Scott Bessent posted on X' platform, stating: The CLARITY Act is crucial to ensuring the United States wins the global new technology race. This is also why Congress passed the GENIUS Act, aimed at ensuring that stablecoin infrastructure—this revolutionary financial technology—is built in the United States.Bessent stated that ensuring the continued prosperity of the U.S. community banking sector has been a consistent focus since he took office. The government's dual emphasis on promoting the development of new digital technologies and appropriately adjusting community bank regulation is key to both sectors jointly driving U.S. economic growth. The final draft of the CLARITY Act advances this mission by granting the Treasury Secretary additional authority to take action when deposit outflow facts change and adversely affect community banks.Bessent said: If stablecoins cause harm to community banks, he will not hesitate to use these tools to ensure they are fully protected. Community banks are vital to U.S. economic performance and Main Street growth. Economic security is national security, and community banks play an important role in this principle.
Central Bank Conducts 500 Billion-Yuan Reverse Repo; 10-Year U.S. Treasury Yield Surpasses 5%
The central bank today conducted a 500 billion yuan reverse repo operation and released August macroeconomic data. The yield on the 10-year U.S. Treasury bond surpassed 5%, reaching a three-year high. Microsoft and other firms have successively rolled out AI safety guidelines, while Kioxia is planning a multi-billion-dollar U.S. IPO.
US Strategic Bitcoin Reserve Bill to Go to Committee Vote on Wednesday
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.
DFDV Expands SOL Treasury to 2.389 Million SOL and Establishes a $300 Million CHAD ATM
According to an official announcement from DeFi Development Corp., Nasdaq-listed company DFDV announced that its total SOL treasury holdings have increased to approximately 2.389 million SOL (up by roughly 55,000 SOL from August 27, representing a month-over-month growth of approximately 2%). The company also announced a $300 million at-the-market (ATM) offering plan for CHAD (Variable Rate Series C Perpetual Preferred Stock), with proceeds primarily intended for continued SOL acquisitions. The company stated that the CHAD issuance price will not fall below the $10 par value per share, with R.F. Lafferty & Co. appointed as the exclusive sales agent. Year-to-date, SOL has outperformed the Nasdaq 100 index by 39%, while DFDV’s returns have been double that of SOL. CEO Joseph Onorati stated that the launch of the CHAD ATM will further advance the company’s “fundraising — coin accumulation — yield generation — compounding” capital flywheel strategy.