Author: 行政

On May 29, the CFTC approved a Bitcoin perpetual contract for a regulated US exchange. Almost three months later, on Aug. 18, the SEC proposed a legal route through which crypto projects could someday raise money from the public under rules written for token networks.That’s a pretty unusual order in which Washington is rebuilding the American crypto market. The rules for trading and hedging an established asset are already producing live products, while the rules that would let founders finance new assets still have to pass through public comments and another SEC vote.Bitcoin traded around $77,000 on Aug. 21, up…

Secret Network executed a 1.079 billion-SCRT mint on Aug. 21 as backers of Proposal 365 moved to keep the Cosmos-based layer 1 operating ahead of SCRT Labs’ Sept. 1 support cutoff.Proposal 365 passed and scheduled the v1.26.0-community-continuance upgrade for block 26,790,327. Results from that block record the full mint as a finalize-block upgrade event, with no normal user transaction or mint transaction hash.After the upgrade, the live secret-4 node reported software version 1.26.0 and reached block 26,806,270. Those observations establish that the upgrade ran and block production continued, while the proposal still leaves development, infrastructure and validator participation dependent on…

Shareholders of Chaince Digital Holdings, a crypto treasury firm, will decide Monday whether to increase the company’s authorized ordinary shares from 1 billion to 20 billion and give its board broad reverse-split authority. The vote comes days after Chaince established an at-the-market program allowing up to $300 million of stock sales.Approval would give the board substantially wider options for future financing and capital management. Actual share issuance and any reverse split would remain subject to later company action, making Monday’s decision a vote on the scale of that authority.The authority shareholders are weighingProposal Three would create 19 billion additional authorized…

Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they sold $29 billion of Treasury bills.Those numbers describe two different tides in the same month. Most of the incoming money went into US stocks, while demand for government debt was much weaker. Foreign buyers purchased $181.4 billion of US equities and only $6.8 billion of long-term Treasuries. At the short end, they reduced the bills commonly used as a place to park cash.That split helps explain why stablecoins have become part of Washington’s debt strategy. Issuers such as Tether and Circle keep…

Ripple Prime closed an upsized $275 million private placement of senior unsecured notes, giving the non-bank prime broker a new pool of capital for its U.S. expansion. KBRA’s investment-grade assessment makes the parent-support mechanism the central credit issue.KBRA’s BBB assessment depends partly on the agency’s expectation that ultimate parent Ripple would support the brokerage if money could not move freely from the regulated operating company. That makes the notes a test of how far Ripple’s institutional-finance buildout has separated from the XRP-sensitive balance sheet that helped fund it.Ripple said the offering closed on Aug. 18 and that proceeds would support…

Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages.Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement.Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have all received some form of Office of the Comptroller of the Currency approval since December. Most are still completing conditions required before opening.Washington is giving crypto companies the regulatory shell of banking while separating it from the business model Americans usually associate with a bank. The result…

Nigeria’s Securities and Exchange Commission has proposed rules that would bring crypto businesses into its licensing perimeter when they operate in Nigeria, serve Nigerian residents, or target the country’s investors and market through digital channels. The plan would raise the cost of serving Nigerian users by combining local-presence requirements with capital, custody, and stablecoin-reserve tests.The regulator published the proposal on Aug. 20 and opened comments for two weeks, putting the calendar deadline on Sept. 3. The SEC page does not state a cutoff time or time zone. The measures remain proposals under consultation, not rules already in force.The scope clause…

Coinkite, the maker of the Coldcard Bitcoin hardware wallet, released new standard firmware on Aug. 20 that forces users to add physical randomness whenever they generate a seed.Owners who generate a seed after installing the current fixed release can use the hardened process. Owners still relying on a seed produced by affected firmware must generate another seed and transfer the funds unless that wallet meets the dice-roll exception.During standard seed creation, every seed combines fresh device entropy with one required human input source: at least 65 key presses made at unpredictable intervals, 50 rolls of a physical six-sided die, or…

Grayscale’s proposed Zcash ETF would carry a 2.5% annual fee. Under one dated ownership calculation, a DCG affiliate could receive about 34% of the fund. If effective, the Aug. 21 SEC amendment would rename the existing trust “The Zcash ETF” and list it on NYSE Arca under ZCSH. The registration remains preliminary. The securities cannot yet be sold under it, and the SEC has neither approved nor disapproved them.The ETF structure aims to fix the trust’s long-running price-tracking problem. To do that, large market intermediaries called authorized participants would create or redeem 10,000-share baskets when ZCSH’s market price moves away…

Illinois’s 0.2% digital asset tax, scheduled to start Jan. 1, 2027, now faces another industry complaint as brokers prepare for a levy tied to the value of customer assets rather than their gains or service fees.Blockchain Association and the Crypto Council for Innovation said they filed the complaint on Aug. 21 in the Circuit Court of the Seventh Judicial Circuit in Sangamon County. The filing came one month after The Digital Chamber announced a separate Sangamon County challenge. Related ReadingIllinois’ new crypto tax puts users under a burden stocks do not face The new complaint names Illinois Department of Revenue…