Regulatory & Policy - US Treasury seeks public input on innovative methods to detect illicit activity involving digital assets via the GENIUS Act [1] - SEC delays decision on Bitwise and Coinshares XRP ETF, along with Grayscale and Canary XRP Trust [1] - US Treasury Secretary suggests stablecoins could "unlock financial access for billions worldwide" [3] - CMB International, a subsidiary of one of the world's largest banks, has launched regulated crypto trading in Hong Kong [3] Market Trends & Investments - VanEck maintains a $180,000 Bitcoin price target by year-end [1] - Blockchain-based lender Figure Technology files for an IPO, led by Goldman Sachs, Jefferies Financial Group, and Bank of America [2] - Billionaire VC investor Chamath files for a $250 million SPAC called "American Exceptionalism Acquisition Corp A" targeting energy production, AI, DeFi, and defense [2] - Michael Saylor's Strategy Inc will now allow stock sales at lower levels to raise money for buying more Bitcoin and covering expenses [2] - BitMine's crypto holdings surpass $6610 million, including 1520000 $ETH [3] - The amount of $ETH on centralized exchanges has dropped to its lowest level in 9 years [3]

Regulatory Landscape - US Treasury seeks public comment on the GENIUS Act to detect illicit activity involving digital assets [1] - Comments are due by October 17 as part of implementing the Trump-signed legislation [1]

RT The Block Podcasts (@TheBlockPods)BlackRock’s Head of Digital Assets on their record-breaking Bitcoin ETF and growing institutional demand@imyoungsparks was joined by @BlackRock's Head of Digital Assets @robbiemitchnick to discuss the stunning success of the Bitcoin ETFs, institutional demand for crypto, as well as the growing importance of Ethereum and stablecoins.OUTLINE00:00 – Introduction01:19 – The IBIT Surge03:16 – Who’s Buying Bitcoin ETFs06:02 – IBIT Market Share09:14 – Bitcoin: Risk-On or Hedge? ...

Thailand will relax restrictions on foreign visitors converting digital-asset holdings into the baht to fund their travel expenses and spending while in the country https://t.co/WottmdL239 ...

Market Outlook & Investment Opportunities - A Wall Street expert predicts hundreds of millions, potentially billions, or even trillions of dollars will flow into Bitcoin and other digital assets within 60 days [1][2][6] - Bitcoin is expected to continue rising to new all-time highs, potentially reaching over $150,000 by the end of the year and $500,000 by the end of the decade [2][21] - The current bull market differs from that of 2021 due to increased institutional engagement, regulatory clarity, and broader adoption [7][9][10] - Conservative investors should consider a 10% allocation to crypto, moderate investors 25%, and aggressive long-term investors 40% [12] Regulatory & Institutional Factors - A new bill is expected to pass within 60 days, providing clarity on crypto regulations for traditional finance institutions like banks, insurance companies, and credit card companies [3][4][5] - The new legislation will clarify rules for engagement, disclosure, reporting, and taxation, removing burdens that have kept many out of the crypto market [5][6] - The current administration is strongly behind Bitcoin, with a desire for the US to be the crypto capital of the world, leading to favorable legislation and regulation [9] Market Analysis & Indicators - Bitcoin's price action is driving crypto prices, with on-chain analytics showing a healthy supply and demand [14][15] - The market is currently in a bull phase but not yet overheated, trading at a 1.5x multiple of price over on-chain cost basis, compared to the 2.5x multiple typically seen at market tops [16] - Corporate treasury strategies and adoption across US companies are key catalysts for continued momentum [17] - Market tops are seasonally expected the year after the halving year (2025), typically in Q4 [18]

New York State Assemblymember Phil Steck has proposed a bill to impose a 0.2% excise tax on cryptocurrency transactions statewide, projected to raise $158 million annually. The tax would cover NFTs, mined and staked digital assets, and stablecoins. Currently, eight states, including New York and California, treat cryptocurrencies as cash equivalents for tax purposes and already apply capital gains, gift, and estate taxes to digital assets.https://t.co/Iqiw0QZsSR ...

Core Points - USBC, Inc. has changed its name from Know Labs, Inc. and will trade under the new ticker symbol "USBC" effective August 15, 2025 [1][2] - The name and ticker change follows the successful closing of a $125 million strategic acquisition by Goldeneye 1995 LLC, an affiliate of the new Chairman and CEO, Greg Kidd [2] - The company focuses on developing the USBC deposit token, a U.S.-dollar denominated tokenized deposit that utilizes blockchain technology [4] Company Overview - USBC, Inc. is a publicly traded multi-disciplinary technology company that develops financial services, including digital assets and banking solutions, as well as health monitoring research [3] - Under the leadership of Greg Kidd, the company aims to create long-term shareholder value by focusing on identity, inclusion, innovation, and risk management [4] Strategic Initiatives - USBC has implemented a bitcoin treasury strategy to support development and research across its divisions [4] - The USBC deposit token is designed to offer high-yield rewards and is embedded with digital identity features [4]

Group 1 - Top Win International Limited has raised USD 10 million, with WiseLink Co., Ltd. leading the investment, marking WiseLink as the first Taiwanese public company to invest in a Bitcoin Treasury Company [1][2] - WiseLink's investment is structured as a three-year convertible note, establishing a strategic collaboration under the "Bitcoin + Cross-Border Finance" framework [2] - Top Win plans to primarily use the proceeds to purchase Bitcoin and may also invest in listed companies with Bitcoin treasury strategies, while ensuring compliance with regulatory requirements [3] Group 2 - WiseLink Co., Ltd. specializes in Fintech services in India and SaaS software solutions, evolving from a traditional manufacturing company to a technology-driven enterprise [4] - Top Win International Limited is based in Hong Kong and focuses on the trading, distribution, and retail of luxury watches, with a recent venture into the Web3 ecosystem and digital assets [5]

Crypto Custody Business - Citibank is considering entering the crypto custody business [1] - The focus is specifically on stablecoins and digital assets tied to ETFs (BTC, ETH) [1] - The industry anticipates that all major banks will eventually enter the custody space [1]

Regulatory Compliance & Market Expansion - Kraken 在 MiCA 监管下，已在所有 30 个 EEA 国家/地区上线 [1] - Kraken 获得在 30 个国家/地区通行证监管服务的许可 [1] Product & Service Offering - Kraken 提供超过 450 种数字资产，且数量持续增长 [1] - Kraken 提供快速便捷的注册流程和本地资金支持 [1] - Kraken 提供机构级交易服务，包括 OTC (场外交易) [1] Consumer Protection - Kraken 在 MiCA 框架下提供强大的消费者保护 [1]