BTC falls below the $111000 mark

[Canada Imposes Record $19.6 Million CAD Fine on KuCoin's Parent Company] The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has announced a $19.6 million CAD (approximately $14.09 million USD) fine against cryptocurrency exchange KuCoin's parent company, Peken Global Limited. The Seychelles-based company was penalized for failing to register as a foreign money services business, not reporting virtual currency transactions exceeding $10,000 CAD, and not submitting suspicious transaction reports. These actions violated compliance requirements for financial institutions in Canada, making this fine the largest penalty in FINTRAC's history.

[International Criminal Police Organization Seizes $97 Million in Cryptocurrency and Physical Assets in Transnational Crackdown] According to Decrypt, the International Criminal Police Organization seized $439 million in criminal proceeds during a coordinated operation spanning 40 jurisdictions. The seized assets included $97 million worth of cryptocurrency and physical assets. The "HAECHI VI" operation, conducted from April to August, focused on combating seven types of cybercrime, including investment fraud, money laundering, phishing, romance scams, and e-commerce fraud. As part of the coordinated effort, law enforcement agencies blocked over 68,000 bank accounts, froze nearly 400 cryptocurrency wallets, and recovered $16 million from seized digital asset wallets. Among the specific crimes targeted by the International Criminal Police Organization was a large-scale fraud case in Portugal, where 45 suspects were arrested for allegedly embezzling social security funds from vulnerable families. A total of $270,000 was stolen from 531 victims in this case.

[Solana Stablecoin Issuance Surpasses $30 Billion] According to SolanaFloor, the supply of stablecoins in the Solana ecosystem exceeded $30 billion this week, with the total value locked (TVL) in the ecosystem surpassing $40 billion.

[Main Password: Binance launches MIRA airdrop program, main player trades $400 million to bet on this direction] Monitor large orders in the market in real time and automatically generate report pushes. Open PRO members to view the full main data report

[U.S. Congressman Claims Trump Executive Order Will Promote Bitcoin Inclusion in 401(k) Plans] U.S. House Representative Haridopolos stated that an executive order from the Trump administration will promote the inclusion of Bitcoin in 401(k) retirement plans. He emphasized that this initiative aims to ensure the widespread adoption of blockchain technology in the United States and to maintain the country's global leadership in this field. This policy could open new pathways for the application of cryptocurrencies in the mainstream financial system, while also sparking further discussions on regulatory frameworks and investor protection.