finance

According to the American financial media Semafor, Meta Platforms may officially announce a non-voting stock plan as early as Wednesday during the release of its quarterly financial report, aimed at financing investments in AI, a move that does not dilute Zuckerberg's control.

The U.S. Commodity Futures Trading Commission (CFTC) has announced the agenda for its inaugural "Frontier Forum." The forum, hosted by the CFTC Innovation Working Group, is scheduled for October 28 and will invite leaders in the field of artificial intelligence to discuss how AI may change the operation of the U.S. derivatives market.CFTC Chairman Mike Selig stated in a statement that super intelligence will transform our financial markets. This forum will focus on how the derivatives market can respond to the influx of machine intelligence and the potential impact of this technology on price discovery and risk management. The forum agenda adopts the term "super intelligence," preferred by U.S. President Trump.The Innovation Working Group indicated that the event will hear insights from leaders of companies such as Ornn, Architect, and Liquid Compute. Additionally, the forum will explore how traders' own AI agents might operate under the CFTC regulatory framework. This is the first event in the "Frontier Forum" series launched by the CFTC Innovation Working Group.

According to a report by the Korean News Agency, the South Korean Ministry of Finance and Economy has convened a seminar on virtual asset taxation with five exchange operators: Dunamu, Bithumb, DigitalX, Coinone, and Streami, as well as institutions like the Financial Services Commission, to discuss current taxation regulations, market environment, tax preparation work, and the possibility of delaying or abolishing the tax, but no clear decisions have been made regarding related measures.South Korea's virtual asset taxation policy was established in 2020, originally scheduled for implementation in 2022, but has since been postponed to 2023, 2025, and 2027. The National Tax Service of South Korea is currently preparing relevant details, but matters such as staking still need to be negotiated with the Ministry of Finance and Economy; if the details are announced next month, there will be only about two months left until the planned implementation date.

The lending protocol Secured Finance announced that it has completed recovery and reopened on Ethereum, Arbitrum, and Filecoin. The official statement indicated that users did not lose funds, assets have been replenished, and contracts, balances, positions, and order books have all been repaired and verified.The Secured Finance lending market was attacked on September 5, resulting in a loss of approximately $104,000.

Michael Saylor posted on the X platform, stating that this week at ParaFi Investor Day, he introduced digital capital, credit, and equity, and had a fireside chat with Jeff Park discussing digital assets, digital intelligence, and the future of finance.The speech covered topics such as Bitcoin as digital capital, CLARITY regulation, the adoption of Bitcoin banking, reshaping gold-backed credit with STRC, STRC returning to par value, Bitcoin earnings per share, the Strategy triple flywheel, shifting from quarterly dividends to daily dividends, Bitcoin-backed stablecoins, the adoption of digital credit institutions, as well as digital currencies, derivatives, exchanges, regulation, and product development in the AI era.

During a live AMA interview hosted by CoinMarketCap, Gate founder and CEO Dr. Han discussed the development direction of digital finance, the product positioning of Gate Money, and the accelerated integration of digital assets with traditional finance.Dr. Han stated, "The future of digital finance lies not only in providing more asset choices but also in connecting assets, funds, and payments, allowing users to manage assets, transfer funds, and meet daily payment needs more conveniently within one ecosystem." Upholding the core concept of "One Gate, Everything Money," Gate Money integrates services such as digital assets, fiat currency, stocks, ETFs, gold, bank accounts, payments, and asset management into a single account, covering scenarios like asset holding, receiving payments, transferring, exchanging, paying, and earning. Users in eligible regions can also open an e-banking account with the same name and use the Gate Card for online and offline consumption with fiat or digital assets, further bridging asset allocation and daily payment scenarios.Regarding the accelerated integration of digital assets and traditional finance, Dr. Han also explored the roles of stablecoins and asset tokenization in cross-border capital flow, on-chain settlement, and financial service innovation. As user demands extend from single transactions to investment management, fund transfers, and daily consumption scenarios, Gate will continue to expand the asset categories, payment methods, and service capabilities of Gate Money, enriching the application of digital assets in diverse financial scenarios and providing users with a more integrated financial service experience.

Japan's Finance Minister Shunichi Suzuki warned speculators that she is prepared to take action in the foreign exchange market again if necessary, after the yen's exchange rate against the dollar hit a monthly low due to rising U.S. inflation data. Suzuki stated that the positions of both countries have not changed since the joint intervention in July to support the yen.

According to official news, the stablecoin issuer Tether announced an investment in the Latin American financial infrastructure company EFY Finance's seed round financing to promote the application of USD₮ and USA₮ in the institutional sector.Tether stated that this investment aims to strengthen the connection between stablecoins and the traditional financial system, supporting EFY Finance in developing cross-border payment, account services, and digital asset custody infrastructure based on stablecoins.Tether CEO Paolo Ardoino stated that many regions in Latin America are facing inflation and capital control pressures, and dollar stablecoins are becoming a tool for accessing dollar liquidity, while compliant infrastructure and banking connections are key to expanding applications.EFY Finance currently offers deposit/withdrawal services for USD₮ and USA₮, over-the-counter trading (OTC), wallet, and payment card services, covering local settlement channels for more than 12 currencies and 17 countries. The company has obtained a digital asset service provider license in El Salvador and serves over 25,000 individual and corporate accounts.

According to Decrypt, the French National Assembly's Finance Committee passed two cryptocurrency tax amendments this week: starting from January 1, 2027, exchanges of stablecoins regulated by MiCA will be considered taxable sales; and a departure tax will be imposed on tax households relocating overseas with a total value of cryptocurrency assets exceeding 800,000 euros.The committee rejected the budget revenue portion with a vote of 31 to 3, and the full National Assembly will review the original text from the government. The aforementioned amendments will not be automatically included; supporters must reintroduce them during the debate starting on October 13, with a formal vote scheduled for October 20.The related measures have not yet become law. The stablecoin amendment was proposed by left-wing GDR party member Nicolas Sansu and 16 co-signers, applicable to electronic money tokens as defined by MiCA. The amendment does not set a new tax rate but aims to include the related revenue under France's existing unified tax system of 31.4%.The committee also passed an amendment proposed by Daniel Labaronne, allowing investors to carry forward cryptocurrency asset losses for 10 years to offset future gains. The proposed departure tax applies to taxpayers who have been French tax residents for at least 6 of the past 10 years and whose cryptocurrency assets, including custodial assets, have a total value exceeding 800,000 euros.

According to NADA NEWS, the Japanese Ministry of Finance held the first meeting of the "National Debt Blockchain Research Committee" today and released explanatory materials, categorizing national debt on the blockchain into three types. Type 1 involves circulating the beneficial rights of funds (MMF) investing in national debt on the blockchain; Type 2 involves placing the transfer ledger on the blockchain under the current transfer settlement system, divided into three forms: single account management institutions, multi-institution collaboration, and interfacing with the Bank of Japan's ledger; Type 3 involves issuing a new form of national debt on the blockchain outside the current system.The Ministry of Finance believes that blockchain can enhance the efficiency of collateral and liquidity management and expand the investor base, particularly benefiting overseas investors. However, it also pointed out issues such as market fragmentation, transmission of severe price volatility, and system transformation costs. All three types are provisional categorizations, and the Ministry of Finance plans to compile a report before January 2027.

According to Bitcoin Treasuries, Strive CEO Matt Cole stated that large institutions restricted by stock investment authorization cannot directly purchase Bitcoin or its ETFs, so they choose to buy shares of Bitcoin treasury companies to gain exposure to BTC risk.

OKX will launch the Doppler Finance (XDP) Flash Earn Lite event on October 9 at 15:00, where users can share a reward of 15,000,000 XDP by subscribing to BTC, XRP, OKB, or XDP.The event ends on October 14 at 15:00.

According to Bloomberg, cybersecurity consultant Jonathan Spalletta was found guilty by a New York jury for stealing nearly $55 million from the cryptocurrency trading platform Uranium Finance. Prosecutors accused him of carrying out two attacks in 2021, after which the platform was shut down due to the theft of funds. The jury reached a verdict after more than two hours of deliberation. Spalletta faces up to 20 years in prison for money laundering charges related to the use of cryptocurrency mixing services like Tornado Cash.U.S. District Judge Jed Rakoff has set the sentencing date for February 16. Law enforcement seized over $3 million worth of rare Pokémon and Magic: The Gathering cards from his residence in Maryland, along with approximately $31 million in cryptocurrency assets. Prosecutors stated that he also spent over $600,000 to purchase a commemorative ancient Roman coin marking the assassination of Caesar and bought a piece of the Wright brothers' original aircraft that was taken to the moon by Armstrong for $137,000. The defense attorney argued that he was merely using publicly available functions within smart contracts, rather than forging credentials or using malicious code, and therefore did not constitute hacking.

According to official news from Uniswap, the stock tokens for the United States and South Korea issued by Stove Finance have been launched on Arbitrum and are now available for trading on Uniswap Apps, supported by UniswapX.