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Taiwan's Financial Supervisory Commission Chairman Peng Jinlong stated that the "Virtual Asset Service Act" was passed on June 30 of this year after three readings. The Financial Supervisory Commission is currently formulating nine subsidiary regulations, covering stablecoin-related specifications, which are expected to be announced and implemented in the first quarter of next year.With the development of technologies such as AI and blockchain, Taiwan and global financial markets are moving towards a parallel track of traditional finance, digital finance, and blockchain finance. The demand for cross-border payments, trade financing, and capital allocation in the semiconductor supply chain is heating up, and stablecoins, blockchain, and financial technology are seen as new infrastructure supporting cross-border capital flows.

The U.S. Securities and Exchange Commission (SEC) has filed civil lawsuits against 38 entities, accusing them of making significant false statements in the Form ADV documents submitted between 2025 and 2026, in order to present themselves as legitimate U.S. investment advisors and attract retail investors.The defendants include several entities involved in cryptocurrency business, such as CryptoOrbit, Ftaexchange, Pinnacle Crypto Exchange, Quantum Financial Institute, and RBH Infinity Exchange. The SEC has removed the relevant ERA filings of the aforementioned 38 entities from its website and is seeking a permanent injunction and civil penalties.

On-chain analyst Specter revealed that a series of address poisoning attacks occurred on the Tron network over the past 4 weeks, resulting in a total loss of approximately $9.4 million for 15 victims. Among them, two victims had $2.5 million stolen each, while another lost $2 million.After the attackers succeeded, they quickly exchanged all the stolen assets for the stablecoin USDD and transferred them to a collection address, where all the funds remain. Specter urges Tron ecosystem wallet service providers to take interception measures as soon as possible and reminds users to carefully verify addresses when making transfers.

According to The Block, Las Vegas businessman Brent Kovar was convicted by a jury for his involvement in a $24 million cryptocurrency Ponzi scheme and faces a maximum of 280 years in prison.The U.S. Department of Justice stated that Kovar used investor funds to operate Profit Connect and repaid old investors with new funds under the guise of mining profits.

According to News.bitcoin, the Financial Supervisory Service of South Korea has launched a real-time artificial intelligence platform to detect cryptocurrency price manipulation. One of the core functions of this system is its ability to identify short-term price manipulation by referencing a historical database of known market abuse strategies.The Financial Supervisory Service of South Korea will next expand this system to track cross-exchange capital flows and on-chain blockchain activities.

According to monitoring by PeckShieldAlert, the address marked as Bofur Capital suffered an address poisoning attack after withdrawing from Compound, resulting in a loss of approximately 2 million USD.The phisher sent a dust transaction of 0.0002 USDC, forging a similar address. The victim mistakenly used the wrong address when copying and pasting, leading to the theft of funds. The stolen funds have been exchanged for approximately 2 million DAI.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "Cincinnati Open: Sara Bejlek vs. Madison Keys," the "Sara Bejlek" option in the sub-market "Cincinnati Open: Sara Bejlek vs. Madison Keys" has experienced a dramatic fluctuation in winning probability, soaring from 19.5% an hour ago to the current 82.5% (a fluctuation of 63%). Please note the impact of related breaking news.

According to Caixin, the Hong Kong Court of Appeal yesterday rejected the sentence reduction application of the mastermind behind the electric fraud and human trafficking, Ma Zhihao, and upheld the original sentence of 56 months in prison. During the investigation of the case, the Hong Kong police tracked the criminal funds through blockchain and cryptocurrency transaction records, identifying the key points where ransoms and criminal proceeds were received.It is reported that a victim's family paid approximately 9,527 Tether (USDT) to a cryptocurrency wallet designated by the criminals. The blockchain tracking records conclusively prove that 8,127 USDT flowed into an exchange account registered under Ma Zhihao's real name and Hong Kong ID, which was then exchanged for about 63,000 Hong Kong dollars and transferred to his personal HSBC bank account, becoming important evidence of his involvement in the crime and obtaining profits. The Court of Appeal pointed out that if it were not for the 7-year sentencing cap imposed by the District Court, the punishment faced by the defendant would be much heavier than this.

The Hungarian Parliament passed Bill XXXVIII of 2026, which abolishes legal provisions related to cryptocurrency asset conversion services, including the verification requirements that European exchanges must pass to operate legally in Hungary. The bill was voted on and passed on July 31 and came into effect on August 7.This abolition simultaneously cancels two charges related to cryptocurrency assets: unauthorized trading of high-value cryptocurrency assets can result in a maximum of 5 years in prison, and violating verification obligations when providing cryptocurrency exchange services can result in a maximum of 8 years in prison. The relevant provisions were criticized for overlapping with the EU MiCA framework.

KuCoin today announced that its Artificial Intelligence Management System (AIMS) has officially obtained the ISO/IEC 42001:2023 international certification, further strengthening the company's systematic capabilities in the responsible deployment, governance, and continuous improvement of artificial intelligence.This certification is the world's first international standard for artificial intelligence management systems, providing an internationally recognized management framework for enterprises to establish, implement, maintain, and continuously improve their artificial intelligence management systems. This certification covers KuCoin's artificial intelligence management system and related support functions, further promoting the transparent, secure, and responsible application of AI in platform operations.As AI increasingly penetrates digital financial scenarios such as risk control, anti-money laundering, fraud detection, market monitoring, intelligent customer service, and platform operations, KuCoin continues to advance AI innovation alongside trustworthy governance. This certification further enhances KuCoin's trust framework, building a reliable infrastructure that covers information security, operational reliability, business continuity, and artificial intelligence governance, alongside ISO/IEC 27001, SOC 2 Type II, and ISO 22301.

On the morning of August 20, 2026, the Intermediate People's Court of Shenzhen City, Guangdong Province publicly announced the first-instance verdict in the case of Evergrande Group Co., Ltd., Evergrande Real Estate Group Co., Ltd., and defendant Xu Jiayin. The court imposed multiple penalties on Evergrande Group, sentencing it to a fine of 8.82 billion yuan; it fined Evergrande Real Estate 7 billion yuan; and sentenced Xu Jiayin to life imprisonment for multiple crimes, depriving him of political rights for life, and confiscating all personal property; it also ordered the continued recovery of illegal gains, with any shortfall to be compensated.The court found that Xu Jiayin is the actual controller of Evergrande Group. Between 2016 and 2021, Evergrande Group, Evergrande Real Estate, and Xu Jiayin inflated assets and concealed liabilities through financial fraud and other means, committing crimes such as illegally absorbing public deposits, fundraising fraud, fraudulent issuance of securities, and illegally disclosing important information; they also obtained control of financial institutions through bribery, illegally siphoning off credit and insurance funds. Xu Jiayin further exploited his position to organize financial fraud, misappropriating company property under the guise of dividends. The court deemed these actions to severely disrupt the market economic order, with particularly huge amounts involved and particularly heinous circumstances, and imposed severe penalties according to the law.On the same day, the two levels of courts in Shenzhen also ruled on the cases of individuals involved in Evergrande related to illegally absorbing public deposits and fundraising fraud, sentencing 56 individuals including Zhen Litiao, Ke Peng, Xu Tenghe, and Xu Zhijian to prison terms ranging from eighteen years to one year and ten months, along with fines or confiscation of property.

The first meeting of the U.S. CFTC Innovation Advisory Committee (IAC) will be held on August 20 from 1:00 PM to 4:00 PM Eastern Time, which is August 21 from 1:00 AM to 4:00 AM Beijing Time.The meeting is mainly divided into three parts: the first part discusses the transition of cryptocurrency regulation from "uncertainty to clarity," including the absence of federal market structure, fragmentation of state-level licenses, overlapping regulatory authorities, enforcement-style regulation, and how to improve regulatory clarity under existing statutory authorities; the second part discusses the application of AI in trading, compliance, monitoring, risk management, and "Agentic Finance," and clarifies the intersection of cryptocurrency and AI; the third part focuses on prediction markets and event contracts, discussing federal and state regulatory authorities, state-level litigation and enforcement, market manipulation, customer protection, and long-term regulatory frameworks. CFTC Chairman Michael S. Selig, IAC Chairman Walt Lukken, and designated federal official Michael J. Passalacqua will deliver opening remarks.

According to GoPlus monitoring, the VSCode extension Solidity Pro has been poisoned, and historical versions have malicious capabilities such as data theft and remote execution.It is recommended that developers immediately check the relevant extensions they have installed and increase their vigilance towards third-party plugins.

Bitget CFD announces the official launch of the sub-account feature, aimed at providing institutional clients, professional trading teams, and high-net-worth users with more refined multi-strategy management, achieving 100% physical isolation between different strategies and positions. Sub-accounts share the main account's KYC status, eliminating the need for repeated authentication. By default, up to 5 independent CFD accounts can be created with one click, supporting the deployment of different strategies such as EA, high-frequency trading, long-term trends, and hedging in independent accounts, ensuring that various strategies operate in a clean and independent environment.At the same time, the main account can uniformly view the real-time net value, margin ratio, current orders, and historical orders of each sub-account, and retains the authority to reset the trading password and read-only password for sub-accounts, to meet the needs of professional teams in account management, permission control, and internal risk control. Risk notifications such as additional margin requirements and forced liquidation warnings for each sub-account will also independently reach the corresponding email and App Push, further enhancing the efficiency of multi-strategy collaboration and risk response.

According to The Block, White House digital asset advisor Patrick Witt expressed that he is "truly optimistic and bullish" about the CLARITY Act, the U.S. crypto market structure bill, ultimately becoming law, despite renewed controversies surrounding stablecoins. The bill spans over 600 pages, and the Senate is currently in recess until mid-September, with Republican leader John Thune scheduling a procedural vote requiring 60 votes on September 15 to advance the discussion.Witt stated that the White House will communicate with Democratic lawmakers to bridge the gaps. The main points of contention include issues related to stablecoin rewards and yields. Previously, the Alsobrooks-Tillis compromise proposal prohibited purely holding rewards while allowing rewards for trading or payment scenarios. Senate Banking Committee Chairman Tim Scott indicated that further discussion is needed; another focal point is the conflict of interest and ethical provisions related to Trump's crypto business interests, with Democrats seeking stricter rules. Trump had previously agreed to some restrictions and set sunset clauses, and is currently reviewing additional Gallego-Tillis proposals.

Avalanche development company Ava Labs CEO Emin Gün Sirer announced a leadership adjustment. Charley Cooper has been appointed as the President of Ava Labs, who will drive the transformation of technological foundations into broader global adoption through operational discipline, regulatory experience, and institutional perspective. Former President John Wu has transitioned to Senior Advisor, where his judgment, connections, and business knowledge will continue to play a role.Lydia, who previously served in an interim capacity, has been officially appointed as Chief Financial Officer. Emin Gün Sirer stated that his CEO responsibilities remain unchanged, and he will continue to lead Ava Labs' long-term vision, ensuring that Avalanche becomes an advanced and reliable platform for developers, institutions, and enterprises. He pointed out that the company already possesses the technology, team, and opportunities, with the next focus on execution.

Coinbase announced the construction of a complete financial and payment infrastructure for AI Agents. The official statement claims that AI Agents can conduct research, decision-making, and trading on its platform, including cryptocurrencies, stocks, and derivatives, through "Coinbase for Agents," and can access Coinbase Advisor for personalized investment advice and tax-loss harvesting services.On the payment layer, Coinbase launched the open standard x402, enabling agent-to-agent machine payments without human involvement. Related transactions are primarily settled on the Base chain, while Coinbase Business supports businesses in receiving payments from AI Agents in USDC and provides discovery and marketplace access for x402 payable services on Agentic.Market.

The U.S. Commodity Futures Trading Commission (CFTC) has announced the agenda for the inaugural meeting of the Innovation Advisory Committee (IAC). The committee will hold its first meeting on August 20, focusing on regulatory issues in emerging areas such as crypto assets, artificial intelligence, and prediction markets.CFTC Chairman Michael S. Selig stated that the U.S. has long been a global center for financial innovation and hopes to explore how emerging technologies and financial products can drive market development through discussions with innovative entrepreneurs, researchers, and industry builders, and to jointly explore the "new frontiers of finance." The meeting will be live-streamed on the CFTC official website. Committee members and attendees will discuss topics such as the regulatory framework for digital assets, the impact of AI technology on financial markets, and the development of prediction markets. The public can submit relevant opinions by August 27, and these opinions will be publicly released through the U.S. Federal Regulations website Regulations.gov. The CFTC indicated that the meeting agenda may be adjusted based on the committee's subsequent focus.The Innovation Advisory Committee aims to provide the CFTC with recommendations on emerging technologies, financial products, and trends in market innovation, covering important areas such as digital assets and artificial intelligence that may influence the structure of future financial markets.

A man in Anshun, Guizhou, used the name of a virtual currency airdrop project as a pretext to lure friends into investing with the bait of guaranteed high returns, ultimately crossing the legal red line. The People's Procuratorate of Pingba District, Anshun City, Guizhou Province, filed a public prosecution, and the court sentenced Zhao to seven months in prison for fraud, along with a fine of 5,000 yuan.Zhao had been paying attention to the field of virtual currency investment for many years and had long been posting investment insights and financial management tips on social media platforms. Zhang was also a virtual currency enthusiast, and the two met on a social platform due to their common interests, gradually becoming friends and frequently discussing investment strategies online. Through long-term communication, Zhao gained Zhang's trust with seemingly professional investment analysis. Subsequently, Zhao proposed a joint investment, to which Zhang agreed. However, after a period of investment, Zhang experienced significant losses and expressed his intention to stop further investments.On August 23, 2025, Zhao claimed that a certain app had launched an airdrop project (to promote a new project, encourage user participation, or reward loyal users, distributing native tokens of the project for free to eligible users), persuading Zhang to invest the remaining funds in his account into this project, promising a return of 100 to 200 U coins (virtual currency) within two days. Zhao also guaranteed that if there were any losses during this period, he would bear the responsibility. To further alleviate Zhang's concerns, Zhao claimed that all investment funds would be transferred to a public chain (the public address of the virtual currency). Believing Zhao, Zhang exchanged 1,757 dollars in his account for Ethereum and completed the transfer according to the wallet link provided by Zhao. In reality, the wallet corresponding to that link was a personal account registered using his girlfriend's identity information, not a public chain. The agreed time for the return of funds had passed, but Zhao had not fulfilled his promise. Zhang urged for repayment multiple times, but Zhao evaded responsibility with excuses such as sending the wrong link and needing time to track it down. On September 7 of the same year, Zhang reported the situation to the police after noticing something was wrong.On April 2 of this year, the Pingba District Procuratorate filed a public prosecution against Zhao for suspected fraud. The procuratorial agency believed that Zhao deceived others out of property by concealing the truth, with a significant amount involved, constituting the crime of fraud. Given that Zhao truthfully confessed to the criminal facts after being apprehended, showed signs of remorse, and had fully compensated the victim for their losses while voluntarily admitting guilt, he could be punished leniently according to the law.

According to Digital Asset, a South Korean court has made a first-instance ruling regarding Delio CEO Jeong Sang-ho involved in a cryptocurrency fraud case amounting to approximately 250 billion won (about 180 million USD), sentencing him to 15 years in prison.The 11th Criminal Division of the Southern District Court of Seoul stated that Jeong's criminal conduct was serious, and he continued to shift responsibility to other companies while attempting to evade accountability. This ruling comes about three years and two months after Delio suspended withdrawals in June 2023.