News linked to both this project and an event.
the Bank of England (BoE) has opened a consultation on central counterparties (CCPs) accepting digital representations of eligible collateral, and stated that current rules already permit the use of such assets when they meet clearing standards. The proposed supervisory statement will clarify what CCPs need to address when submitting applications under the existing approval process, without creating new regulatory obligations.The Bank of England stated that tokenized collateral must remain capable of valuation, transfer, and liquidation under stress scenarios, and that faster cross-jurisdictional asset transfers could help firms meet margin requirements. The consultation will close on February 12, 2027, and the central bank expects to publish its policy response and related rules later this quarter. (Cointelegraph)
Odaily reports: Yuyuantantian stated in a post that on October 16, the Ministry of Commerce and the Ministry of Science and Technology publicly solicited opinions on the revision of the Catalog of Technologies Prohibited or Restricted from Export in China (hereinafter referred to as the Catalog). Among them, there are 23 AI-related technologies, including large models, agents, computing clusters, information processing, and more. After the Catalog was released, some people raised questions: China emphasizes technological openness, so why suddenly impose "export restrictions" on AI? Is this a signal of a policy shift? It is reported that since the policy was announced, two leading companies, DeepSeek and MiniMax, have smoothly completed registration procedures and finished open-sourcing and overseas authorized use. In relevant Q&A, the Ministry of Commerce clearly gave more and more specific explanations of "what is not regulated" than of "what is regulated." This also shows that the core of the Catalog is to delineate boundaries, rather than simply restricting the external export of AI technology.
According to Reuters, sources familiar with the matter said Musk revealed progress on evaluating a SpaceX-Tesla merger during an investor call this week and publicly expressed his support. The move has unsettled some negotiation participants, potentially delaying talks by several weeks and triggering more extensive legal scrutiny. During the call, Musk stated that both companies are exploring what could become the largest corporate transaction in history and have established special committees to evaluate the proposals. He also acknowledged a conflict of interest, stating he cannot participate in discussions involving either committee. The deal remains in its early stages. According to three sources familiar with the matter, both sides have engaged advisors, and discussed deal structures include SpaceX acquiring Tesla or combining the two companies through a newly established holding company, with consideration arrangements including an all-stock transaction. Musk owns nearly one-fifth of Tesla and just under half of SpaceX. Those involved in the negotiations worry that his public comments will lead investors to question the independence of the special committees and place greater emphasis on how conflicts of interest are addressed.
According to Hong Kong media outlet HK01, Hong Kong-based "BBB Group (Chinese name: Hao Hao Hao Group)" claims to have invested in Malaysia's agarwood industry and sells OTC stocks and digital assets in what appears to be a scam. The company stated it will convert its OTC stocks into "digital asset" cryptocurrencies by February 2027 or earlier. The Hong Kong police have received reports from 21 individuals concerning the investment project, involving funds of 14 million yuan. The Commercial Crime Bureau is investigating on suspicion of "conspiracy to defraud," and has launched an arrest operation, with four people arrested so far. Meanwhile, according to the official website of Hong Kong's Securities and Futures Commission, the "Malaysian Agarwood Plantation Investment / Agarwood Tree Plan / Agarwood Potted Trees / APT4.0" has been listed as a suspicious investment product.
Odaily News: Hyperliquid Labs CEO and co-founder Jeff Yan gave a rare interview, detailing the platform's operating mechanism and future plans.Hyperliquid entered the spotlight of global traders and market observers earlier this year—after the Iran war broke out, speculators used the markets built on it to trade crude oil, with the platform offering 24/7 markets on the blockchain. In August, U.S. President Trump said the CFTC is pushing to allow Hyperliquid to "enter the United States in a fully compliant and legal manner." Hyperliquid currently operates outside the United States, but that has not hindered its rapid expansion over the past year.In the interview, Jeff Yan introduced the protocol he built with his co-founder, the ecosystem of participants and assets tied to Hyperliquid (such as the platform's cryptocurrency HYPE), how perpetual contracts are bought and sold on the platform, and explained what a blockchain oracle is, as well as the conditions Hyperliquid needs to meet to conduct business in the United States. (Bloomberg)
Odaily News: The U.S. Office of the Comptroller of the Currency (OCC) has released a report on "debanking," stating that some banks have used public and non-public policies to restrict financial services for multiple industries, including crude oil, natural gas, tobacco, firearms, and digital assets. The report notes that some institutions restricted digital asset businesses, including issuers, exchanges, and managers, often citing financial crime concerns as the reason.The OCC stated that the report was prepared in accordance with an executive order signed by Donald Trump in August 2025, which aims to prevent what it calls "illegal debanking." The report reviewed 9 major banks but did not list specific cases related to digital asset businesses, nor did it comprehensively quantify the scope of debanking or related allegations.OCC head Jonathan Gould said that some debanking decisions related to coal and firearms were not based on financial risk, with banks citing reputational risks from negative news, public protests, and support for related industries. In November 2024, more than 30 tech and crypto industry executives said they were unable to access banking services. (Cointelegraph)
Canton CEO and Digital Asset co-founder and CEO Yuval Rooz said at Token2049 in Singapore that the crypto industry should leverage the current regulatory environment to accelerate institutional adoption and drive broader blockchain usage, reducing the likelihood of future governments reversing the industry's progress. He said that regardless of what happens in 2028, the industry should reach a point of "no return."Yuval Rooz compared the opportunity for blockchain adoption to Uber and Airbnb, noting that both services achieved widespread use before regulators took restrictive measures. The next US presidential election is scheduled for November 7, 2028, which could bring changes in government and regulatory priorities.In the same panel discussion, Binance co-CEO Richard Teng said he hopes the CLARITY Act ultimately becomes law, adding that legislation can prevent regulatory backtracking and drive institutions into the market. Franklin Templeton CEO Jenny Johnson said legislation would increase certainty, but the industry should not rely on the bill's passage; the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have already been advancing crypto regulation under existing authorities. (Cointelegraph)
NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.
Odaily reports: U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that although the CLARITY Act was not passed by Congress, the SEC will still clarify onchain fundraising rules within its statutory authority.The U.S. Senate failed to advance the CLARITY Act on September 15 with a 49-50 vote, falling short of the required 60-vote threshold. Atkins has not yet disclosed what form the relevant guidance will take—whether exemptions, a registration pathway, or staff guidance.The SEC previously paved the way for tokenized stocks on September 17, and on September 25 published nine FAQs explaining the impact of token issuers' commitments on securities determinations. Commissioner Hester Peirce will depart on October 2, leaving the SEC with only two sitting commissioners, Atkins and Mark Uyeda. (Bitcoin.com News)
Following the Federal Reserve's expected 25-basis-point rate hike at its September policy meeting, Huobi HTX Chief Analyst Andy noted that what truly warrants attention is the Fed's comprehensive hawkish shift. All 12 officials voted unanimously—a rare occurrence—while the dot plot clearly points to another rate hike within the year, confirming that tightening has become consensus.
overseas crypto KOL Brady Dale posted on X, stating that three individuals are to blame for the failure of the CLARITY Act.The first chief culprit is Trump, whose sin lies in launching a token, making moral justice the ultimate core point of contention.The second chief culprit is Republican Senator Tim Scott, whose sin lies in stubbornly insisting that the Senate waste enormous time cooking up its own version, squandering what little momentum the earlier GENIUS Act had painstakingly built up.The third chief culprit is Republican Senator Cynthia Lummis. As early as last fall, I already felt this whole thing was doomed.
Odaily News: Moonrock Capital founder Simon Dedic posted on X, stating: "The Senate vote on the Clarity Act is expected to take place in about 10 hours. Democrats have already rejected the Republican-drafted bill on the pretext of so-called 'ethics concerns' (eThIcS cOncErNs); the predicted odds on Polymarket have collapsed, and the market has fully priced in expectations of failure. Regardless of the outcome, however, I am very much looking forward to this vote. It means we can finally turn the page and shift our energy to far more important matters. If the bill fails to pass, we will instead get equally strong pro-crypto regulatory policy from the SEC; and if even that doesn't happen, then the responsibility for watching the U.S. hand over its leadership in frontier finance and sit idly by as the world's most dynamic companies move offshore will rest entirely on the Democrats. Politics is tiresome, but America is not so foolish as to let that situation happen. So what must come will come, and we will ultimately prevail."
Odaily Report: Two people familiar with the matter revealed that U.S. President Trump met with advisers to discuss a government ethics provision being considered for inclusion in the Crypto Market Structure Act (the CLARITY Act). The meeting took place ahead of the Senate's procedural vote next Tuesday, which will determine the fate of the CLARITY Act's advancement. Senate Democrats are demanding that the legislation include ethics language applicable to government officials to limit Trump's ability to profit from his family's crypto business. It remains unclear what the outcome of the meeting was or which advisers attended. The White House did not immediately respond to a request for comment on Saturday evening.The ethics provision has been one of the key obstacles facing the CLARITY Act in the Senate, following clear bipartisan disagreements over whether enforcement authority should rest with the Department of Justice or state attorneys general. Next Tuesday's procedural vote will test whether the two parties can reach a compromise on this core dispute before the Senate recesses. (politicopro)
a16z Crypto stated in a post that over $35 billion in traditional assets have been placed on-chain, and excluding stablecoins, this volume remains nearly triple what it was a year prior to the passage of the GENIUS Act. a16z Crypto noted that the CLARITY Act will provide a regulatory framework for the on-chain infrastructure underlying these assets, with next year's developments hinging on related progress next week.
Odaily News – Andy, host of The Rollup podcast, stated on X that rumors circulating on Capitol Hill suggest the CLARITY Act has almost zero chance of passing. While Polymarket's prediction probability shows 18%, the real odds are likely only around 3%–5%.According to his sources, it is widely understood within Washington D.C. that the bill cannot pass, but no one can openly say so, as the industry has already poured tens of millions of dollars and 18 months of resources into pushing it forward. The Democratic Party's ethical scrutiny over Trump's crypto-related business interests has yet to receive substantive answers. With that in mind, the odds for YES on prediction markets appear somewhat overvalued, and NO might be a direction worth watching.Andy: "The CLARITY Act may subsequently be 'split into several independent bills,' each targeting specific segments of the crypto market. After the CLARITY Act's failure, what may follow are innovation exemptions, regulations, or sub-bills addressing stablecoins, asset tokenization, perpetual contracts, and prediction markets. At this stage, lawmakers appear more inclined toward a segmented, granular approach rather than introducing one sweeping, all-encompassing crypto bill. Based on my conversations with insiders in Washington, this is the more likely scenario in the long run."
Odaily News: In May of this year, OpenAI agents大规模edited the German programmer community website DseWiki without authorization, transforming it into a "message board" for other AI agents to communicate. This incident had never been publicly disclosed before.Researchers found that the website had over 15,000 editing operations performed by AI agents. Related information shows that these agents not only exchanged solutions for tasks but also discussed how to bypass OpenAI's restrictions, evade detection, and use tools like Tor to hide their activities. When site administrators began deleting related pages, some agents created backup pages to avoid cleanup. About half of the related accounts used names hinting at a connection to OpenAI, such as "OpenAIResearcher" and "OAIResearchMar26." Public server logs reveal that a significant amount of activity came from Microsoft Azure infrastructure, and OpenAI employees also visited the website multiple times after the incident.Some internal investigators at OpenAI wanted to further investigate the incident, but expanding the investigation was reportedly met with resistance from certain individuals, including legal advisors. OpenAI denied that its legal team blocked the investigation and stated that it has not yet had the opportunity to review the relevant reports, and therefore cannot make a substantive response to the allegations contained therein.Researchers believe that this incident highlights the risks of unauthorized collaboration, regulatory circumvention, and hidden behavior that may emerge as AI agents' autonomous capabilities increase. Researchers at the University of Cambridge stated that what may be more concerning is not a single superintelligent system, but rather "large-scale groups of semi-intelligent AI agents collaborating with each other." (Reuters)
Odaily News Federal Reserve Chairman Warsh is set to deliver one of the most closely watched public speeches since taking office at the Jackson Hole Global Central Bank Symposium. With the U.S. PCE inflation rate still at 3.7%, notably above the Fed's 2% longer-term target, and Treasury yields remaining elevated, the market still lacks a clear picture of when and under what conditions the Fed will further adjust monetary policy. Warsh has long sought to reduce forward guidance and let the market interpret the data on its own, but what Wall Street most wants to know now is precisely his "reaction function." If this speech continues to focus only on long-term issues such as productivity and demographics, the bond market may interpret the silence itself as a policy signal.Currently, the market estimates about a one-third probability of a Fed rate hike in September. As Warsh has deliberately downplayed traditional forward guidance since taking office, the focus of this speech will center on how he assesses inflation, and what changes in inflation, employment, and economic growth would prompt rate hikes, rate cuts, or maintaining rates unchanged. Market participants believe that if Warsh signals a clearer hawkish stance, it could further push up short-term rates and Treasury yields; if he avoids the current policy path and focuses more on long-term topics like productivity and AI, it may be interpreted by the market as a dovish signal.In addition, AI's impact on inflation could also be a focal point of this speech. Warsh has long been bullish on AI boosting productivity and helping lower long-term inflation, but the market believes the current AI investment boom is also driving up costs for construction labor and computer chips. This Jackson Hole speech could become a key moment for reshaping September policy expectations and global bond market pricing. (The Street)
Odaily News Tech reporter Alex Heath said that OpenAI recently showcased Astra to VIP clients at a closed-door preview event.OpenAI researchers demonstrated Astra coordinating multiple agents to jointly complete mathematical proofs, operating desktop software at what Sam Altman described as "superhuman, extremely fast" speeds, and generating presentation slides (PPT), financial review reports, and analyses of messy data. Astra is designed to work continuously for days or even weeks, capable of remembering human corrections, collaborating with other agents and humans, and executing operations across multiple software tools.Sam Altman also said at the event: "I expect that Astra will be the first model that can truly invent new things in a substantive way."
GSR Chief Legal and Strategy Officer Joshua Riezman shared his views on X regarding the U.S. SEC's latest proposed regulatory framework for crypto assets, stating that the proposal may not achieve what many market participants currently understand. Without amendments to relevant U.S. laws, the regulatory exemptions provided by the SEC under existing securities laws remain limited.He noted that clearer regulatory rules are positive for the crypto industry, but the market structure addressed by the proposal differs significantly from the previous crypto market cycle. The industry needs to further understand what form the new framework will ultimately guide the U.S. crypto market toward.
Odaily News, Ripple Chief Legal Officer Stuart Alderoty stated that September 15 will be a key date for determining whether the U.S. "Clarity Act" crypto market structure bill can continue to advance.Alderoty said at the Wyoming Blockchain Symposium 2026 that the Senate will hold its first procedural motion on September 15, namely whether to enter deliberation. The motion requires 60 votes of support to open the door for the bill's subsequent progress. He noted that this day will serve as a "barometer" for judging whether the Clarity Act can still move forward in Congress.Alderoty also serves as Chairman of the National Crypto Association. He stated that even if market structure legislation hits a roadblock, both the SEC and CFTC have publicly stated that they will continue to advance crypto regulatory rulemaking.He believes that the two regulatory agencies' closer coordination in recent times is a positive signal. In the past, the SEC and CFTC did not always work collaboratively, but now both sides are engaging in closer cooperation around crypto asset regulation.However, Alderoty emphasized that what the industry most hopes to see remains congressional legislation, because legislation is more stable than mere regulatory rules and harder to overturn. He stated that regardless of the outcome, the U.S. will see crypto regulation; the difference lies in whether the framework is established through a more enduring congressional bill or advanced by regulators acting alone.