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GPUS and Quantum Solutions sell cryptocurrency assets to invest in AI computing power, Vida Global connects to the Lightning Network for payroll

According to BBX data, yesterday global listed companies disclosed the latest real announcements regarding adjustments in cryptocurrency assets and business payment applications, with the following core dynamics:Hyperscale Data monetizes 100 BTC to build an AI data center: U.S. listed company Hyperscale Data, Inc. (NYSE American: $GPUS) announced the sale of 100 bitcoins to fund the construction of its AI data center located in Michigan. The company's CEO William Horne stated that this move is "converting one balance sheet asset into another," and clarified that the company's underlying belief in bitcoin has not changed.Quantum Solutions sells 1,000 ETH to inject into AIDC business: Japanese listed company Quantum Solutions announced that it sold 1,000 ETH through its merged subsidiary GPT Pals Studio Limited (GPT) for $1.9 million (approximately 311 million yen). The proceeds from the sale will be fully invested in the expansion of artificial intelligence infrastructure (AIDC) and data center business.Vida Global seamlessly accesses bitcoin payroll through the Lightning Network: U.S. listed company Vida Global (NYSE American: $VIDA) announced the adoption of Voltage Credit to pay its global team members in bitcoin via the Lightning Network. This mechanism utilizes a revolving credit line to instantly issue bitcoin and repays the balance in U.S. dollars at the end of each month, similar to processing standard vendor invoices, allowing the company to establish a cryptocurrency payroll settlement channel without directly holding a bitcoin wallet or reflecting cryptocurrency assets on its balance sheet.

The U.S. Congress discusses the Federal Reserve's "streamlining of the master account" and evaluates whether cryptocurrency and fintech companies can directly connect to the central bank's payment system

On Wednesday, the U.S. House Financial Services Committee held a hearing to discuss the changing roles of banks and fintech companies, with one focus being the "streamlined master account" proposal that the Federal Reserve is considering, which would allow certain crypto banks and fintech companies limited direct access to the Federal Reserve's payment system. A Federal Reserve master account allows financial institutions to directly use the Federal Reserve payment network and gain the most direct access to the U.S. dollar monetary system. Institutions without this account typically need to rely on partner banks that have master accounts to provide services.The so-called "streamlined account" is a limited-function version intended to provide limited access for new financial institutions. Republican Congressman Dan Meuser stated at the hearing that access to the Federal Reserve payment system is no small matter, and the core issue is which institutions should be allowed to directly use these critical payment channels. Traditional institutions like community banks are concerned that crypto and fintech companies are not subject to equally stringent regulation, and direct access could pose risks to security and stability. The crypto industry generally supports the proposal, arguing that direct access to the Federal Reserve payment system should have been opened long ago, as it would help reduce reliance on intermediary banks and promote innovation.In May of this year, Trump also signed an executive order requiring the Federal Reserve to assess policies for opening central bank payment channels to fintech companies, including crypto companies. Previously, the Kansas City Federal Reserve had approved Kraken's parent company Payward for a "limited purpose account" in March, sparking discussions in the market about the extent to which crypto and fintech companies should have direct access to Federal Reserve services. A representative from Anchorage Digital stated at the hearing that if the U.S. wants to continue as a global financial center, it needs to allow for innovative federal and state regulatory frameworks.
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