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According to Be In Crypto, data from Chainalysis shows that by June 2026, the scale of South Africa's crypto economy will grow by 52% to $39.3 billion, with various tracking activities also increasing. Among them, commercial payments from South African merchants and P2P traders reached $8.34 billion, growing faster than institutional activities (which saw an inflow of $1.29 billion); the inflow of stablecoins through P2P channels in Sub-Saharan Africa reached $14.6 billion, on par with Bitcoin.On August 3, the South African Treasury and the Central Bank (SARB) released a draft for crypto asset management, proposing that individuals can only transfer crypto assets through authorized local service providers within existing offshore limits, while businesses are prohibited from cross-border transfers of crypto assets.As of March 31, the Financial Sector Conduct Authority (FSCA) has issued licenses to 310 crypto asset service providers, but these institutions still need additional authorization from SARB. Finance Minister Enoch Godongwana stated that after receiving thousands of public comments, the Treasury will strive to release a revised second draft, with no timeline currently announced.

On September 30, the U.S. Securities and Exchange Commission (SEC) released final rules adjusting the quorum requirement to only one commissioner in most cases to constitute a quorum, which took effect on October 2. The SEC stated that this move aims to enhance the flexibility and finality of institutional rule-making. Earlier this month, Commissioner Hester Peirce resigned, leaving only Chairman Paul Atkins and former Acting Chairman Mark Uyeda as the two remaining commissioners, while the agency's statutory seats are five.The leadership vacancy at the U.S. Commodity Futures Trading Commission (CFTC) is even more pronounced, as Michael Selig has been the only Senate-confirmed chairman and commissioner since December 2025. Both agencies were originally set to have five commissioners. In terms of rule-making, the SEC proposed in August to provide a safe harbor for tokens not to be classified as "investment contracts," and the CFTC followed up in October, with Selig stating that he would utilize existing statutory authority to advance cryptocurrency regulation through proposed rules regarding exchanges; Atkins also mentioned on October 2 that more regulatory proposals would be forthcoming.On October 5, the Financial Times published a commentary by Robin Wigglesworth, pointing out that with only two commissioners, if one needs to recuse themselves or is unable to perform their duties, a single commissioner can pass formal rules applicable to a securities market worth trillions of dollars. Uyeda subsequently responded in the Financial Times, stating that the SEC's commitment to its mission has not changed, and the rule modification merely clarifies that when all but one commissioner must recuse themselves, the commission can still constitute a quorum.

According to Cointelegraph, Japanese investment and Bitcoin treasury company Metaplanet announced a revised capital allocation policy, proposing to invest 10% to 15% of total assets into strategic investments, including mergers and acquisitions and income-generating assets. It also launched a net interest income strategy to allocate capital to income-producing assets, using net interest income to support Bitcoin accumulation and dividend payments. Bitcoin remains its core treasury reserve asset, accounting for 85% to 90% of total assets. The company stated that this move aims to enhance financing capability and credit quality to increase the Bitcoin holdings per share.As this financing model was introduced, shareholders expressed concerns about Metaplanet's governance and complex capital structure. The company released five corrected securities filing documents last Friday, clarifying that CEO Simon Gerovich does not hold a majority voting power in Metaplanet shareholder MMX Ventures.Anonymous shareholder Bitcoin Pharaoh subsequently called for the company to clearly disclose the ownership of MMX Ventures, explain the 23.8% shares registered as indirectly held by Gerovich, and reveal the identities of two unnamed executives who exercised 18.8 million shares from the 10th stock option pool.In early September this year, management faced criticism from shareholders for expanding the 10th executive stock option pool from 46 million shares to nearly 319.5 million shares. On September 11, Metaplanet proposed to reduce the option pool by 41%, decreasing potential shares by 131.3 million to 188.19 million shares, and resetting the conversion ratio from 1:696 to 1:410.

Circle, the issuer of USDC, submitted a proposal to the European Commission advocating for the revision of the rules regarding overseas stablecoins in the Markets in Crypto-Assets Regulation (MiCA) and the establishment of a recognition mechanism for overseas issuers. Circle suggested that overseas stablecoin issuers should primarily be regulated by their home jurisdiction's regulatory authorities, and after obtaining equivalence recognition from relevant parties and the European Banking Authority (EBA), local licensed entities in the EU would be responsible for distribution.This mechanism also allows euro stablecoins to circulate in overseas jurisdictions. Circle also requested the removal of the requirement for electronic money token issuers to hold 30% of reserve assets in commercial banks; the proportion for "significant" electronic money tokens is 60%. The company believes that this requirement increases exposure to credit risk and counterparty risk in the banking sector.

Bloomberg ETF analyst Eric Balchunas posted on X platform that Canary has just revised the Pepe ETF application documents again, which may be another sign that the crypto winter has ended. A few months ago, the market wouldn't even consider launching the Pepe ETF, but now the market feels safer for testing.

The U.S. Bureau of Labor Statistics revised the non-farm payroll employment for July from +21,000 to -10,000, and for August from 162,000 to 133,000.After the revisions, the total number of new jobs for July and August is 60,000 lower than before the revisions.

Bitget TradFi Chief Growth Officer Xie Jiayin issued an update on the platform's security incident, stating that the withdrawal time will be announced before noon tomorrow. The security team has identified the hacker's attack path and methods, and has grasped the details of how the attacker bypassed security measures, coming very close to tracing the source of the attack. The incident investigation by third-party security teams Mandiant and SlowMist is still ongoing, with a detailed report pending from the security team.On-chain tracking confirms that approximately $387.5 million has been transferred to the hacker's address, previously estimated at $351.6 million. This revision includes ZEC and TRX, and no other unauthorized transfers have been found. Xie Jiayin stated that the stolen funds at the platform level will be fully covered by the Bitget User Protection Fund, ensuring that user assets are not subject to any losses.Bitget has officially launched a fund recovery bounty program, offering a 5% bounty for voluntarily freezing the attacker’s funds and a 5% bounty for voluntarily recovering funds. The bounty also applies to assistance already provided. The platform has published the attacker's address, a real-time tracking dashboard, and a submission portal, with relevant information also available for submission through Bybit's Lazarus bounty platform.

According to Bloomberg, the U.S. SEC submitted a new proposal to the Office of Management and Budget (OMB) on August 25, aimed at establishing a new custodial rules framework for investment advisors and investment companies holding client digital assets.The proposal will clarify the custodial framework for crypto assets, addressing previous questions from investment companies and advisors about how to hold digital assets for clients without violating regulatory requirements. It will also eliminate certain existing custodial requirements that the SEC considers outdated due to market evolution and current trading practices.The SEC stated that the proposal is part of Chairman Paul Atkins' efforts to modernize the regulatory framework. The complete details of the proposal will be made public after the OMB completes its review, after which it will be returned to the SEC, possibly with suggested modifications, and then voted on by a committee currently composed of three Republicans, before being announced publicly. As a matter of course, the SEC typically seeks at least 60 days of public comment before finalizing the proposal, followed by another vote for it to take effect.

The revised GDP price index for the United States in the second quarter is 6.4%, higher than the expected 6.2%, and the previous value was 6.2%.

The revised annualized quarterly rate of real GDP in the United States for the second quarter is 1.5%, in line with expectations, with the previous value being 1.5%.

On August 24, according to Caixin, the National Development and Reform Commission released the "Measures for the Administration of Foreign Investment (Revised Draft for Public Comment)" and is publicly soliciting opinions from society, from August 21 to September 20, 2026. The "Draft for Comments" expands the definition of investors from enterprises to domestic enterprises, other organizations, and individual residents, and clarifies that reinvestment by investors abroad also falls under foreign investment.In the section on foreign investment regulation, regarding the classification and regulatory division of foreign investment, the procedures for approval and filing, and other matters, investors must obtain foreign investment approval documents or filing notices before implementing foreign investments. For individual residents newly included as investors, the approval authority is the National Development and Reform Commission, and the filing authority is the provincial development and reform department of their registered residence or habitual residence.

According to sources from The Wall Street Journal, Nvidia and OpenAI have revised the deal proposal structure for the 10 megawatt data center project in Ohio. Nvidia will guarantee a 5 gigawatt project and reduce the guaranteed amount from $250 billion to less than $120 billion.

TrendForce's latest research shows that global capital expenditures of the top nine cloud service providers are expected to grow by approximately 90% year-on-year in 2026. The procurement willingness for NVIDIA's full rack AI servers has significantly increased among hyperscale CSPs and Tier-2 data centers. The new generation ASIC platforms from Google and AWS will gradually ramp up in the second half of 2026, prompting the year-on-year growth rate of AI server shipments to be revised from 28% to nearly 31%.

According to Jinshi reports, Premier Li Qiang recently signed a State Council order, announcing the revised "Regulations on the Protection of Integrated Circuit Layout Designs," which will officially take effect on October 15, 2026.

According to Jinshi reports, based on the latest AI server industry research by TrendForce, under the backdrop of rising demand for AI infrastructure, the total capital expenditure of the world's nine major cloud service providers (CSP) is expected to grow by approximately 90% year-on-year by 2026.Recently, ultra-large CSPs and Tier-2 data center operators have shown a significant increase in their willingness to purchase NVIDIA's integrated AI server solutions, and it is expected that the annual growth rate of AI server shipments in 2026 will be adjusted from the original 28% to nearly 31%.

The U.S. Commodity Futures Trading Commission (CFTC) has released a Notice of Proposed Rulemaking (NPRM) to solicit public comments on the amendments to Parts 37, 38, and 39 of the CFTC regulations and Sections 1.52 and 1.55, with a comment period of 60 days following the publication in the Federal Register.The purpose of this amendment is to address potential conflicts of interest arising from the increasing interconnectedness among regulated entities such as Derivatives Clearing Organizations (DCOs), Designated Contract Markets (DCMs), Swap Execution Facilities (SEFs), Futures Commission Merchants (FCMs), and market makers. CFTC Chairman Michael S. Selig stated that the new rules will establish a principles-based regulatory framework for vertically integrated market structures, supporting innovation in the U.S. derivatives market while maintaining market integrity.

According to Jinshi, foreign investment in Japanese stocks reached 912.1 billion yen for the week ending July 24, with the previous value revised from -79.6 billion yen to -81.9 billion yen.

According to Japanese media reports, the Japanese Senate officially voted today to pass the revised "Financial Instruments and Exchange Act." This amendment marks the formal inclusion of crypto assets (virtual currencies) into the regulatory scope of financial products, no longer limited to the constraints of the "Funds Settlement Act" as a means of payment.In terms of regulation and investor protection, the new rules introduce an insider trading regulatory mechanism for the crypto market, while also accepting oversight from monitoring committees such as those for securities trading. Additionally, the law significantly increases the penalties for unlicensed operators, with the maximum sentence raised from 3 years to 10 years in prison, and the maximum fine increased to 10 million yen. This revised legislation is expected to be officially implemented by July 2027.In terms of taxation and investment channels, the new rules clarify several significant policy changes. Starting from January 2028, the tax rate on profits from crypto asset trading in Japan will be reduced from the current maximum of 55% comprehensive taxation to a unified tax rate of 20%, the same as for stocks (separate declaration taxation). Furthermore, the Japanese market is also expected to officially lift the ban on crypto asset ETFs during the same period, with various securities institutions already beginning preparations for related entry matters.