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According to CoinDesk, as Wall Street and global financial institutions accelerate their entry into the digital asset space, the boundaries between traditional finance (TradFi) and decentralized finance (DeFi) are gradually blurring. Bitwise CEO Hunter Horsley stated, "The era of 'going long on Bitcoin and shorting bankers' is over," as financial institutions are turning to the other side of the crypto industry, promoting the adoption of digital assets.Hunter Horsley mentioned that this summer, two financial institutions managing over $1 trillion in assets approved the launch of crypto products in a bear market environment, indicating that large institutions are expanding channels for clients to access digital assets. "This year, everyone is wearing the crypto industry's jersey. Now, everyone is working for the crypto industry," Horsley said. He pointed out that these financial institutions, which manage over a trillion dollars in client assets, previously would not have opened related services during the downturn of the crypto market in 2022, but now they are actively embracing this field.Sygnum Chief Investment Officer Fabian Dori also believes that the relationship between banks and the crypto industry has undergone a structural change. "The past trades of 'going long on Bitcoin and shorting bankers' are over; banks have shifted from resisting digital assets to building, supporting, and distributing digital assets through custody, tokenization, and compliant trading." This change is primarily driven by growing customer demand and gradually clarified regulatory rules, rather than short-term market cycle changes.Anchorage Digital CEO Nathan McCauley stated that over the past two years, its client structure increasingly reflects the trend of integration between traditional finance and crypto finance. Large financial institutions typically choose to collaborate with specialized crypto infrastructure companies rather than building their own technology systems.In recent years, more and more financial institutions have entered the crypto space, including Swissquote, DBS, BBVA, BNY Mellon, Credit Suisse-related institutions, as well as Morgan Stanley and Charles Schwab.

According to Livecoins, the Joint Task Force Against Organized Crime in Rondônia, Brazil (FICCO/RO) executed arrest and search warrants against a gang suspected of electronic fraud and money laundering. The criminal organization is accused of using cryptocurrency exchanges to hide illegal funds transferred from the original victims' accounts.A case investigated in 2025 resulted in losses of approximately $5.74 million. The court has issued 8 preventive arrest warrants and 18 search warrants, and authorized the freezing of related assets such as cryptocurrency exchange and bank accounts. In addition to targeting securities accounts, the law also mandates the seizure of vehicles and boats belonging to the individuals under investigation.

According to CoinDesk, the Office of the Comptroller of the Currency (OCC) has granted a preliminary conditional federal banking charter to World Liberty Trust Company, allowing it to operate as a national trust bank and to succeed BitGo as the exclusive issuer and custodian of the USD1 stablecoin under World Liberty Financial, primarily serving institutional clients. Final approval still requires meeting additional pre-opening conditions.Due to World Liberty's partial ownership being linked to the Trump family, this move has faced strong opposition from Democratic lawmakers. Senator Elizabeth Warren and others have announced plans to introduce the "Terminate President's Bank Corruption Act," which, if passed, would prohibit senior government officials from owning or controlling banks. Notably, World Liberty Trust does not intend to become a member of the Federal Deposit Insurance Corporation and is not seeking access to a Federal Reserve master account.

The U.S. Securities and Exchange Commission (SEC) documents show that SoftBank Group has reduced its stake in TSMC by 71.5%, down to 565,000 American Depositary Receipts.

According to PR Newswire, Bank Leumi of Israel announced a partnership with Galaxy Digital to provide customers with trading services for digital assets such as Bitcoin starting in 2027, initially supporting Bitcoin, Ethereum, and Solana. Bank Leumi will also become the first bank in Israel to offer digital asset trading services to its customers.At the same time, Leumi will integrate with Galaxy's digital asset custody infrastructure platform to provide underlying security architecture support for the bank's digital asset services.

According to the Financial Times, JPMorgan Chase terminated its banking services for Polymarket last October due to regulatory concerns, requiring the company to seek new banking institutions. Previously, Polymarket was banned from providing services to U.S. customers after the Commodity Futures Trading Commission took enforcement action in 2022.Currently, Polymarket has partnered with a new bank, but the specific name has not been disclosed. JPMorgan Chase still maintains business dealings with Polymarket and invited its CEO Shayne Coplan to participate in a private banking client meeting held in Miami this February, where he spoke alongside former NFL player Tom Brady. Polymarket stated that the two parties continue to maintain a close and active relationship in various areas, including multiple entities, operational integration, and customer fund flow management.Since 2026, prediction market platforms like Polymarket and Kalshi have faced legal actions from multiple U.S. states regarding their alleged operation as illegal sports bookmakers, while the relevant platforms argue that they operate as exchanges facilitating trades between buyers and sellers, rather than as bookmakers. According to user aggregated data, the nominal trading volume of prediction markets has exceeded $250 billion since 2026.Meanwhile, Polymarket is seeking over $1 billion in financing, with a target valuation of $20 billion, more than doubling from the approximately $8 billion valuation during the last round of financing in 2025.

Former senior foreign exchange diplomat from Japan, Mitsuhiro Furusawa, stated that the yen is currently too weak, which may lead to a joint intervention in the foreign exchange market by Japan and the United States again.He expects the Bank of Japan to raise interest rates in September and to raise them again in December or January next year, with a target rate of 1.5% to 1.75%.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "National Bank Open: Ben Shelton vs. Brandon Nakashima," the "over" option for the sub-market "National Bank Open: Ben Shelton vs. Brandon Nakashima Total Games in the Second Set Greater than 10.5" has experienced significant fluctuations in winning probability, soaring from 27% an hour ago to the current 42.5% (a fluctuation of 15.5%). Please note the impact of related breaking news.

According to The Defiant, Geoff Kendrick, the Global Head of Digital Assets Research at Standard Chartered Bank, stated that the previously set target price of $100 for UNI by the end of 2030 may be too low. Kendrick pointed out that the protocol fee burn rate for Uniswap on the Robinhood Chain exceeded previous expectations.Data shows that from July 27 to August 12, the average daily income of the Uniswap protocol was approximately $244,000, annualizing to about $89.1 million, all of which was used for repurchasing and burning UNI. Based on the current price of about $3.53, the annualized burn amount accounts for approximately 4% of the circulating supply (624.2 million tokens). Kendrick described this burn rate as "clearly unsustainable," and even with his target price of $6.5 by the end of 2026, the annualized burn rate would still reach 2.2%, which is also difficult to maintain in the long term, and does not account for more collaborations similar to Robinhood.In the recent 7 days, the total income of the Uniswap protocol was approximately $1.55 million, with the Robinhood Chain contributing about $925,000, accounting for about 60%. Uniswap has deployed v2, v3, v4, and UniswapX on this chain, becoming a major public AMM.

According to Bitcoin.com, Gurinder Singh Josan MP and Lord Vaizey, co-chairs of the UK All-Party Parliamentary Group on Crypto and Digital Assets (APPG), have written to the CEOs of major UK banks requesting clarification on whether they provide account services to crypto businesses, what restrictions are placed on digital asset transactions, and whether these policies will be adjusted with the implementation of the new regulatory framework in the UK.The MPs pointed out that access to banking may be the single biggest obstacle to the development of crypto and digital asset businesses in the UK. If licensed crypto businesses are still unable to obtain basic banking services, the competitive goals of the new regulatory system will be difficult to achieve.Lucy Rigby, Economic Secretary to the Treasury, has previously stated that banking service restrictions should not be imposed on FCA-authorized crypto businesses solely due to the nature of the industry. The deadline for submitting written evidence for this inquiry is August 31, and the APPG will use this to make policy recommendations to the government.

Japanese Prime Minister Sanae Takaichi supports the Bank of Japan's recent interest rate hike, with the next action possibly in September or October. Due to concerns about the weak yen driving up prices, both sides are increasingly aligned on the necessity of raising interest rates. The Prime Minister's Office believes that specific monetary policy measures should be decided by the Bank of Japan, but both sides should work closely together to "stabilize" the achievement of the 2% inflation target.

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "National Bank Open: Coco Gauff vs. Elena Rybakina," the "Coco Gauff" option in the sub-market "National Bank Open: Coco Gauff vs. Elena Rybakina" has experienced significant fluctuations in winning probability, dropping from 59.5% an hour ago to the current 43.5% (a fluctuation of 16%). Please note the impact of related breaking news.

Bankr developer deployer tweeted that the token issuance platform Pools.fun launched by Sushi will release an official protocol token. Among the protocol's total fees, 30% will be used for buybacks and burns, while an airdrop is also planned, and a points system will be established. The trading volume of users and the trading volume generated by deploying tokens on its platform will be taken into account.Currently, fees have started to accumulate and will be used for buybacks once the token is launched. Previously, it was reported that Pools.fun is a joint launch by Bankr and Sushi to compete against the Robinhood chain token issuance platform pools.trade under Uniswap.

According to bits.media citing RBC, several Russian banks focused on providing services to import and export businesses have begun to request cryptocurrency transaction explanations from their clients, requiring corporate clients to disclose the economic purpose of purchasing USDT and confirm that the counterparties providing the crypto assets are listed in the central bank's digital asset exchange operator registry.However, this registry has not yet been established, and the relevant regulatory laws only took effect on September 1. The central bank is still formulating the details, making the banks' requests practically impossible to fulfill. Experts believe such requests do not comply with current laws, and lawyer Elizaveta Lobuteva stated that they should be regarded as routine compliance checks and preparations for future regulatory changes, rather than new mandatory obligations.

According to bits.media, the Central Bank of Russia has included Bitcoin, Ethereum, and USDT in the list of cryptocurrencies approved for trading in the Russian market. This list is included in the draft guidelines for public consultation published by the Central Bank. The Central Bank briefly attributes the list to the standards set forth in the new Russian law: high market capitalization, high average daily trading volume, and at least five years of pricing history on overseas platforms.Non-professional investors can only purchase these three cryptocurrencies. The guidelines also set an annual purchase limit for non-professional investors: a maximum investment of 300,000 rubles per year through a single intermediary. Professional investors face fewer restrictions and can purchase any cryptocurrency offered on exchanges and over-the-counter markets without any limits. However, all investors, regardless of their status, must undergo mandatory testing before trading. Previously, Russian President Putin signed the "Digital Currency and Digital Rights Law" on August 4, establishing a regulatory framework for the circulation of cryptocurrencies, with relevant rules taking effect on September 1.

According to Catcher Predict monitoring, in the Polymarket prediction market for the event "National Bank Open: Learner Tien vs. Ben Shelton," the "Over" option in the sub-market "National Bank Open: Learner Tien vs. Ben Shelton First Set O/U 8.5" experienced a sharp fluctuation in winning probability, dropping from 84% an hour ago to the current 50% (a fluctuation of 34%). Please note the impact of related breaking news.