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On September 14, the Japanese stock market's real estate, retail, and IT service sectors performed actively. According to Gate platform's Japanese stock market data, Rand (8918) rose by 10.00%, currently reported at approximately 0.07 USD; Kobe Bussan (3038) increased by 6.35%, currently reported at approximately 21.00 USD; SHIFT (3697) saw an increase of 6.05%, currently reported at approximately 6.00 USD.

South Korean investors are once again pushing to delay the cryptocurrency capital gains tax scheduled to be implemented on January 1, 2027, but regulators insist on proceeding as planned. According to the South Korean National Assembly's electronic petition system, a petition requesting a two-year delay of the crypto tax plan has garnered 50,000 valid signatures, reaching the legislative review threshold, and will be automatically submitted for consideration by the relevant standing committee.South Korea plans to impose a 22% tax (including a 20% basic tax rate and a 2% local tax) on the portion of annual income from digital assets exceeding 2.5 million Korean won (approximately $1,856), covering income from the sale, transfer, and lending of cryptocurrency assets. This tax has been postponed three times since it was first discussed in 2022. Petitioners argue that the majority of crypto investors are suffering significant losses, with major South Korean crypto companies experiencing a decline in operating profits of up to 90%. Implementing the tax at this time would kick young people's wealth ladder away and could push investors toward offshore platforms.In May of this year, a petition calling for the abolition of the crypto tax reached the 50,000 signature threshold within eight days of submission but did not advance further. Meanwhile, the government's stance remains firm, with the nominee for the Minister of Economy and Finance, Lee Heung-ik (phonetic), stating last weekend that the crypto tax plan is proceeding as scheduled, and the National Tax Service will announce detailed tax standards later this year.

TrendForce's latest research on the memory industry indicates that the NOR Flash market is experiencing the most significant supply-demand structural change in nearly a decade. AI-related products are absorbing a large amount of capacity, and suppliers find it difficult to significantly increase NOR Flash bit output despite the continuous growth in high-end application demand. Therefore, the supply-demand imbalance is expected to persist in the second half of 2026, with overall contract prices remaining high.Although suppliers in Taiwan and China have increased capital expenditures and expanded production, the new capacity cannot be immediately converted into market supply. New output must first go through process migration, yield ramp-up, product certification, and customer design integration, making it difficult to alleviate the supply shortage in the mid-to-high capacity segment in the short term. Winbond expects the strongest bit growth in 2026, driven by the full-scale production of 45nm NOR and the migration to 25nm and 20nm. GigaDevice is upgrading the process for products of 32Mb and above, with effective output limited in the first half of the year. MXIC will prioritize additional 12-inch capacity for NAND and eMMC, limiting the growth of NOR wafer input.In 2026, AI and aerospace communications will become the main sources of new demand. The NOR usage in AI servers is 3-5 times that of traditional servers, with high-density demand driven by edge AI, AI PCs, robotics, and low-orbit satellites. In the first half of 2026, the average cumulative contract price increased by 100-120%. In the second half, the average price of products of 256Mb and above may rise by another 90-110%, while prices for products of 128Mb and below are expected to increase by 10-20% in Q4 2026.

According to Bitcoin.com, the cryptocurrency industry in Brazil may enter a consolidation phase due to new regulations from the central bank. The new regulations require virtual asset service providers to meet higher capital, auditing, anti-money laundering, and ongoing reporting requirements, with capital requirements for certain types of institutions reaching up to 37.2 million reais, approximately 7.2 million dollars.

According to reports from Huigang Communications, in the past week, the Hong Kong police received over 40 investment fraud cases, with total losses exceeding 50 million Hong Kong dollars. One elderly man in his seventies received a message via WhatsApp from a stranger claiming to be a "cryptocurrency investment expert" from Singapore. Following the instructions, he opened a wallet and purchased USDT and ETH, then downloaded a counterfeit investment app provided by the other party and transferred his assets to a designated address.The fake app initially showed profits, prompting him to double his investment. It was only after being refused when attempting to withdraw that he realized he had been scammed, with losses exceeding 13 million Hong Kong dollars.

Santiment posted that the open interest in BTC has decreased from 321,497 contracts on September 3 to 278,151 contracts on September 11, a reduction of 43,346 contracts, representing a decline of 13.5%. During the same period, the price of BTC dropped by about 5%, so the decrease in open interest was not caused by the drop in coin price.In this regard, Santiment stated that the current market open interest is about 20% lower than the level before the rise in mid-August. The open interest stopped declining on September 11 and has slightly rebounded for two consecutive trading days, indicating that the market's risk-off operations mainly occurred before the announcement of important events this week, rather than during the events themselves.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 56, down 4 points from yesterday. The average for the past 7 days is 63, and the average for the past 30 days is 63.

According to Gate market data, influenced by the Federal Reserve's interest rate hike expectations, Asian currencies generally weakened against the US dollar in the morning session. The market expects the Federal Reserve to raise interest rates by 25 basis points this week, with the probability rising to 88%.The US dollar rose 0.3% against the South Korean won and the Japanese yen, trading at 1,345.8 and 154.06, respectively; the Australian dollar fell 0.2% against the US dollar, trading at 0.7151.

Renowned trader Killa posted about the potential impact of the upcoming FOMC meeting on the cryptocurrency market this week. He stated that many people are very focused on macroeconomics, policies, and economic data to predict the next moves of assets, but Killa believes that "most macro narratives are just distractions." Killa noted that BTC often starts moving before the reasons become clear. By the time the macro environment shifts and the herd realizes it, Bitcoin has usually already completed its move. Correlation is often lagging. The market does not move because most people understand it. Most people understand it because the market has already moved.As a quantitative trader focused on BTC, Killa predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

Digital bank Nu announced that it will enter the U.S. market and launch the multi-currency digital account Nu Global. Nu Global can convert funds into USDC or EURC, supports local and international remittances with no fees, and allows users to hold and trade Bitcoin and Ethereum within the app.In the coming months, the official plan is to include Brazil, Colombia, Mexico, and the United States in its service coverage.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 7.115 billion dollars, with long positions at 3.393 billion dollars, accounting for 47.68% of the total holdings, and short positions at 3.723 billion dollars, accounting for 52.32%. The profit and loss for long positions is 262 million dollars, while for short positions it is -276 million dollars.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2270.48 dollars, currently showing an unrealized profit and loss of -21.6501 million dollars.

Coinbase CEO Brian Armstrong stated, "Community banks will have stronger competitiveness and opportunities to win the market if they adopt stablecoins. Coinbase is collaborating with Moov to help over 1,000 community banks integrate stablecoin-related capabilities into their existing systems. This will bring faster settlement speeds, lower costs, and real-time access to funds. The discussions in Washington regarding stablecoins and community banks overlook the most important point: stablecoins are an opportunity."

The payment service provider license of CoolCash (Xiao Yi Payment), the parent company of Tianxu International Technology Co., Ltd., has been revoked by the National Bank of Cambodia and has entered liquidation proceedings. The company and its director, Pang Weizhi, were included in the UK government's sanctions list in March this year due to alleged ties with the Prince Group.The National Bank of Cambodia announced on the 10th that it revoked the payment service provider license of Tianxu International Technology on August 3. This license was issued on May 27, 2024, and was originally valid until 2030. The bank also appointed Morrison Kak MKA Audit Accounting Firm as the liquidator in accordance with Article 68 of the Law on Banking and Financial Institutions to handle liquidation matters and return relevant funds to the company's clients in accordance with the legal priority order.UK sanction documents indicate that Pang Weizhi holds Cambodian and Chinese nationality, with the Cambodian name Pang Visal, and serves as a director of Tianxu International Technology and the parent company of Elephant Delivery, U-Life KH Super App Company Limited. The UK side claims to have reasonable grounds to suspect his ties with the Prince Group and that he has provided financial services or funds, economic resources, goods, or technology to the group. The UK side alleges that the Prince Group is involved in operating scam centers in Cambodia, which include forced labor and serious human rights violations. Tianxu International Technology and Pang Weizhi have been listed as targets of sanctions in both corporate and personal capacities.

Nate Geraci, President of ETF Store, stated that if the Clarity Act can gain enough votes to advance this week, it will be beneficial for the industry. However, he believes that the act is not a key factor in determining the future of cryptocurrency. Under the Trump administration, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission will use their existing powers to promote the development of cryptocurrency; the Clarity Act is more about enhancing regulatory certainty to further accelerate industry innovation.The speed of development in the cryptocurrency industry far exceeds the policy-making cycle. By the time the U.S. political sphere realizes that the financial system has already been upgraded, it may be difficult to reverse this trend. The Clarity Act will only serve as a further catalyst, providing clearer policy expectations for the cryptocurrency industry by enhancing market confidence that innovative achievements are not easily reversible, but the future of the cryptocurrency industry does not depend on whether this act can be passed.

Anza announced that the second phase of the Solana account rent reduction proposal SIMD-0437 has been launched on the mainnet beta. In epoch 1033, the per-byte parameter used to calculate the minimum balance for rent-exempt accounts has been reduced from 6333 lamports to 5080 lamports, a cumulative decrease of about 27% from the initial level, lowering the SOL balance required to maintain rent-exempt status.Anza also shared instructions for reclaiming excess SOL: users with the appropriate permissions can use the WithdrawExcessLamports instruction to withdraw SOL from token accounts, token mint accounts, etc., that exceed the minimum balance for rent exemption, without needing to close the accounts, and it does not affect the token balance. There is no fixed timeline for subsequent phases; the third phase will only be activated after confirming that the on-chain status growth is within a safe range; adjustments can be made in reverse through SIMD-0438 if necessary.

According to POLITICO Pro, U.S. President Trump held a closed-door meeting with advisors on Friday regarding the ethical provisions for government officials in the Senate's proposed cryptocurrency bill, the Clarity Act. The bill is set for a crucial procedural vote in the Senate next Tuesday, with Senate Democrats demanding the inclusion of ethical constraints applicable to government officials to limit Trump's ability to profit from his family's cryptocurrency business. It is currently unclear who attended the meeting with Trump and what the conclusions were.Trump's senior cryptocurrency policy advisor Patrick Witt posted a positive signal on X on Saturday, stating, "Today is a bad day for the naysayers of the Clarity Act."The ethical provisions have been one of the key obstacles the Clarity Act faces in the Senate, with significant bipartisan disagreements over whether enforcement authority should be led by the Department of Justice or state attorneys general. The procedural vote next Tuesday will test whether the two parties can reach a compromise on this core dispute before the Senate recesses.

The new regulations from the Central Bank of Brazil require virtual asset service providers to meet compliance requirements related to capital, auditing, anti-money laundering, and ongoing reporting, with capital requirements reaching up to 37.2 million reais, approximately 7.2 million US dollars. Currently, among about 300 related institutions, only 20 to 25 may meet the conditions to apply for authorization, and it is expected that only 10 will obtain licenses.Some small platforms have ended or restructured their retail operations, including Bitnuvem, NovaDAX, Digitra, and Coinext, but these platforms did not attribute their decisions to the new regulations. Institutions that fail to meet the requirements will also face ongoing compliance costs, and some businesses may struggle to maintain operations. Related institutions must apply for authorization by October 30, and those that do not apply will cease operations within 30 days and notify customers.Isabel Longhi, Head of Public and Regulatory Policy for Ripple Latin America, stated that market consolidation is expected to occur as the Brazilian crypto market matures, but the new regulations will limit innovation in the short term.