The Governor of China's Central Bank stated that stablecoins amplify loopholes in global financial regulation, increase the fragility of the global financial system, and impact the monetary sovereignty of some underdeveloped economies. China will continue to crack down on the operation and speculation of virtual currencies within its borders. https://t.co/YZq4teEK0b ...

Asia's weekly TOP10 crypto news (Sep 15 to Sep 21): A summary of Digital Asset— related content in Hong Kong’s 2025 Policy Address; Shanghai court successfully disposes of virtual currencies in criminal cases for the first time; South Korea’s BDACS launches the first won — backed stablecoin KRW1 on Avalanche and More. https://t.co/2TFzQps0gg ...

Cryptocurrency Market & Investment - Webus secures up to $100 million equity line with Ripple Strategy Holdings to accelerate its XRP treasury strategy growth [1] - Design platform Figma discloses holding around $69.5 million in spot Bitcoin ETFs and its board approval to buy another $30 million of $BTC in its IPO filing with the SEC [1] - Bitwise doubles down on $200 thousand $BTC target for 2025 but casts doubt on new highs for $ETH and $SOL [2] - Deutsche Bank will launch a crypto custody service in 2026 [2] - CZ donated $10 million in $BNB to Vitalik's open-source biotech efforts [2] Regulatory Landscape - SEC acknowledges Grayscale's bid to convert its Digital Large Cap Fund ($BTC, $ETH, $XRP, $SOL, $ADA) into a spot ETF [1] - Connecticut Governor Lamont officially signs legislation banning state investment in Bitcoin and any virtual currencies [2] Stablecoin & Layer 1 Development - Stable launches the first-ever "Stablechain," a dedicated Layer 1 powered by USDT [1] US Political & Economic Commentary - Trump slams Fed Chair Powell, saying "Anyone would be better" [1] - The U S Senate has passed President Trump's "Big Beautiful Bill," clearing the way for a final vote in the House [2]