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The Independent Community Bankers of America (ICBA) sued the Office of the Comptroller of the Currency (OCC), accusing it of illegally allowing cryptocurrency companies to enter the banking business through national trust charters. The plaintiffs believe this move violates legal provisions, grants privileges to cryptocurrency institutions, and evades core financial regulatory obligations.

The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing it of exceeding its statutory authority when issuing national trust bank charters to cryptocurrency companies. The ICBA stated that the OCC is implementing "broad new powers not authorized by the National Bank Act," allowing these companies to enter the U.S. banking system without being subject to the same level of regulatory oversight as community banks, putting small banks at a "serious competitive disadvantage."The ICBA is one of the largest banking advocacy organizations in the United States, primarily representing small institutions. Last month, the organization strongly opposed the Digital Asset Market Structure Bill, which failed to advance in the U.S. Senate, arguing that its stablecoin provisions did not protect community banks from direct competition for deposit accounts. ICBA President and CEO Rebeca Romero Rainey stated that Congress did not establish the national trust charter to provide a "backdoor" for cryptocurrency companies seeking to enter the banking system with the credibility of a federal bank charter, as these companies do not bear the same obligations regarding capital, liquidity, regulation, and Federal Deposit Insurance Corporation (FDIC) insurance requirements. An OCC spokesperson responded to CoinDesk that the agency does not comment on ongoing litigation.Recently, the OCC has continued to issue trust charters to cryptocurrency companies, but these companies' business models differ from those of typical community banks and do not offer cash deposit accounts that require FDIC insurance. Approved institutions include cryptocurrency banks Protego and Erebor, as well as existing cryptocurrency firms like Coinbase, Circle, and Crypto.com.

According to Lookonchain monitoring, Huang Licheng has won 10 PUMP trades continuously over the past 5 days, with a total profit of 1.34 million dollars.Currently holding 33,950 ETH long positions, valued at 92.56 million dollars; 409 BTC long positions, valued at 35.22 million dollars; 180,000 HYPE long positions, valued at 16.16 million dollars.

Bitwise CEO posted on the X platform that the Bitwise Chainlink ETF has received inflows for three consecutive days, with assets under management exceeding 68 million dollars.

According to Crypto Briefing, Orca's Chief Legal Officer Christopher Montagano stated at the Korea Blockchain Week that the innovation exemption released by the SEC on September 17 provides the conditions to verify whether DeFi blockchain tracks are more efficient than traditional infrastructure.The exemption offers a conditional relief period of 5 years, until September 17, 2031; under this framework, tokenized securities venues and specific liquidity providers can operate tokenized U.S. stock licensed trading without registering as exchanges or brokers.Montagano stated that the exemption is specifically designed for AMM but does not constitute a ruling on DeFi; relevant parties must still comply with sanction rules and obtain issuer consent to distinguish it from unlicensed DeFi. Orca has been involved in discussions with the SEC since 2025 and began trading tokenized stocks in November of the same year.

According to The Block citing the Financial Times, EU regulators are questioning Binance's use of legal exemptions to continue providing services to EU customers after failing to obtain a MiCA license.Binance stated that the company complies with applicable regulatory requirements in the jurisdictions where it operates and is working towards obtaining MiCA authorization.

Zcash founder Zooko posted that Zcash has issued over 8 million dollars in retroactive grants this round, with millions of dollars awarded to those who contributed to protecting all users during this year's AI vulnerability crisis.The more significant meaning of this funding is that Zcash once again proves that its self-funding and self-governance system is sustainable, resistant to capture, and capable of continuous evolution. Zcash will conduct multiple rounds of similar funding every year in the future while continuously improving the mechanism.

U.S. Secretary of Defense Lloyd Austin announced the establishment of the "Autonomous Combat Command" to enhance the U.S. military's scalable autonomous and robotic combat capabilities.The command will cover drones, artificial intelligence, and command and control systems. The Pentagon plans to double its spending in the autonomous combat field, proposing an investment of $74 billion in the budget request.

According to official news, the Gate event contract "Winning Streak Challenge" will officially start on October 1 at 08:00 (UTC+8) and will last until October 11 at 08:00 (UTC+8).This challenge covers 5-minute cycle events for BTC and all stock event contracts. Users can participate after completing the activity registration. The event sets a total reward of 20,000 USDT, covering multiple gameplay options such as winning streak ladder, win rate leaderboard, trading volume sprint, and new user first order gift.Among them, users who achieve a maximum winning streak of 15 can receive 100 USDT, with a total winning streak prize pool of 6,000 USDT; the win rate leaderboard has a prize pool of 3,500 USDT, and users who meet the criteria of cumulative valid matches ≥ 100, single net purchase ≥ 20 USDT, and win rate ≥ 40% can participate in the ranking, with the first place receiving 1,200 USDT.Users whose cumulative event contract trading volume reaches 20,000 USDT can also share a prize pool of 5,000 USDT based on their trading volume proportion, with a maximum of 500 USDT per user. In addition, during the event, the first 1,000 new users who complete their first transaction in the event contract and have a first net purchase value ≥ 20 USDT can receive a 5.5 USDT event contract experience voucher.Currently, the Gate event contract has covered two major sectors: cryptocurrency assets and stocks. Users can participate in price direction predictions around different assets and time windows, looking for trading opportunities that suit their own judgment in the short-cycle market changes.

The Financial Conduct Authority (FCA) of the United Kingdom has announced that it will begin accepting authorization applications from cryptocurrency businesses under the new regulatory framework starting today. Businesses planning to continue operating in the UK must submit their applications by February 28, 2027, and the new system will take effect on October 25, 2027.At that time, cryptocurrency businesses operating in the UK will be subject to comprehensive regulation by the FCA for the first time, with relevant standards covering consumer protection, client asset custody, market integrity, and financial resilience. The FCA emphasizes that submitting an application does not guarantee automatic approval, and businesses that do not meet the standards will not be allowed to continue providing regulated cryptocurrency services in the UK.

The two-day AI Summit (China·Chongqing Station) hosted by Star River has successfully concluded on September 29, 2026. Star River founder Jemmy, co-founders River He and Bison Liu attended the summit and engaged in in-depth discussions with the guests present.This summit focused on cutting-edge innovations in the AI industry, discussing the implementation of technology applications and the construction of industrial ecosystems. Several industry guests shared the latest practices and thoughts on the implementation of AI in the industry. DGrid AI participated in the topic discussions as a partner. DGrid AI is a decentralized AI intelligent reasoning network that provides developers with low-cost, verifiable AI multi-model calling services through a unified access layer, which attracted attention on-site.Participants engaged in in-depth discussions on topics such as the implementation of AI technology applications, the construction of developer ecosystems, and collaborative innovation in the industry, reaching multiple consensuses. The organizer, Star River, stated that it will continue to build industry exchange platforms in the future to promote AI technology innovation and industrial implementation.

Cointelegraph cited statements from Joe Lubin, co-founder of Ethereum and founder of Consensys, stating that MetaMask is evaluating the path to launch a native token, but there are currently no immediate plans to launch MASK.MetaMask is a cryptocurrency wallet developed by Consensys. Lubin mentioned that the team is still assessing related options and has not yet determined a timeline for a near-term release.

NVIDIA CEO Jensen Huang stated that the statement reached at the White House is highly binding.

The Hong Kong Securities and Futures Commission announced that the licensed virtual asset trading platform DFX Labs Company Limited reported "dfx[.]cn", "dfxcn[.]com", and other four websites as fraudulent websites. The Hong Kong Securities and Futures Commission has listed the relevant websites as suspicious virtual asset trading platforms.

According to an official announcement from Alpaca, its Southeast Asia headquarters, Alpaca Securities Pte. Ltd., has received in-principle approval for a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).Once the relevant conditions are met and the formal license is obtained, the company plans to offer brokerage and custody services in Singapore, targeting financial institutions and fintech companies in Southeast Asia. Alpaca emphasizes that in-principle approval does not equate to a formal license, and related services cannot be launched based on this approval at this time.

NVIDIA CEO Jensen Huang and Elon Musk will sit with President Trump at the White House's artificial intelligence luncheon.

The cryptocurrency trading platform BTSE, under BTSE Exchange Pte Ltd (BTSE Bhutan), announced that it has received a financial services license from the Gelephu Financial Services Office (GFSO) of the special administrative region of Gelephu, Bhutan. The company received preliminary approval in April 2026, and this license confirms that it has met all the prerequisites.The license authorizes the operation of a virtual asset multi-lateral trading facility and the provision of institutional-level virtual asset custody services. The company will begin onboarding users in the coming weeks, with spot trading initially only available for BTC/USDT and ETH/USDT. More trading pairs and fiat currency exchanges will be rolled out in phases, and customer assets will be placed under licensed custody arrangements in accordance with regulatory requirements.

According to Farside data, the U.S. Bitcoin spot ETF achieved net inflows for the eighth consecutive trading day yesterday, with a net inflow of 31 million dollars.

NVIDIA CEO Jensen Huang stated in an interview with CNBC's "Squawk Box" on Monday that training or learning with competitors' products is part of competition, and he refused to label AI model distillation as theft. When asked if distillation is not robbery, Huang said that it is competition. He mentioned that people can test others' products, and NVIDIA's products are sometimes taken apart to the bare bones to understand how they work; he would prefer that others do not learn from NVIDIA products, but competition makes everything better. If one does not want others to use their products, they can identify customers and discontinue services.U.S. officials have accused Chinese AI companies of using distillation, which involves training models with outputs from other models, extracting capabilities from U.S. systems. U.S. Treasury Secretary Scott Bansen stated in July that this practice is theft and threatened to impose sanctions on overseas companies that utilize distillation to extract capabilities from U.S. models. The White House did not immediately respond to CNBC's request for comment, and U.S. officials are considering measures against overseas companies that use distillation.Earlier this month, the U.S. Cybersecurity and Infrastructure Security Agency accused Chinese AI companies of conducting industrial-scale knowledge distillation activities, violating the terms of use for U.S. companies. AI company Anthropic stated earlier this month that it found Alibaba's Qwen series models and DeepSeek engaging in illegal distillation. The Chinese side denied these accusations.