President of the European Commission Ursula von der Leyen: Restrictive measures will target cryptocurrency platforms.
President of the European Commission Ursula von der Leyen: Restrictive measures will target cryptocurrency platforms.
[U.S. Treasury Seeks Public Comments on Stablecoin Regulatory Guidelines] The U.S. Treasury has initiated the formulation of implementation guidelines for the "GENIUS Act" and is seeking public comments through the "Advance Notice of Proposed Rulemaking" process. The guidelines cover topics such as issuer restrictions, sanctions compliance, anti-money laundering, taxation, and reserve asset custody. The public and crypto businesses can submit feedback by October 20. This marks a substantive step in stablecoin regulation and forms a complementary framework with the "Digital Asset Market Structure Clarity Act."
[Federal Reserve Governor: Tightening Policy Increases Risks to the Job Market] Federal Reserve Governor Milan stated that the longer the tightening policy persists, the more significant the risk impact on the job market becomes.
["Machi" PUMP Long Position Has an Unrealized Loss of $3.18 Million, Current Position Value Reaches $25.24 Million] BlockBeats News, September 19, according to HyperInsight monitoring, as PUMP fell below $0.007, "Machi Big Brother" Jeffrey Huang currently holds 3.61 billion PUMP tokens (worth $25.24 million) in a long position, with an average entry price of $0.00786, resulting in an unrealized loss of $3.18 million.
[Xi Jinping Talks with U.S. President, Emphasizes China-U.S. Cooperation and Mutual Benefit] President Xi Jinping had a phone conversation with the U.S. President tonight, engaging in candid and in-depth discussions on China-U.S. relations and issues of mutual concern, while providing strategic guidance for the stable development of bilateral relations. Xi Jinping pointed out that China-U.S. relations hold significant importance for both countries and the world, and both sides should move toward each other to achieve mutual respect, peaceful coexistence, and win-win cooperation. He emphasized that recent consultations between the teams of both sides reflect the spirit of equality, respect, and reciprocity, and that differences should continue to be handled appropriately to avoid unilateral trade restrictions impacting existing achievements. Regarding the TikTok issue, China’s stance is clear, supporting enterprises in reaching solutions that align with Chinese laws and balance interests under market rules, and hopes the U.S. will provide an open, fair, and non-discriminatory business environment for Chinese companies.
Valour, a DeFi Technologies subsidiary, introduced a bitcoin staking ETP to the LSE. It is restricted to professional investors and offers a 1.4% annual yield.