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Market news reports that Microsoft (MSFT.O) and Amazon (AMZN.O) cloud businesses will face stricter scrutiny from the European Union.

According to The Block, Lloyds Bank's tenth annual financial institution sentiment survey shows that 71% of senior executives at large financial institutions in the UK expect tokenization to reshape the financial services industry.The survey indicates that faster payment and settlement speeds are the most frequently mentioned advantages of tokenization by respondents, followed by collateral and liquidity management.

According to The Block, the Ethereum Foundation has launched zkAPI on the Ethereum mainnet, a solution co-authored by Vitalik Buterin.zkAPI allows users to pay for artificial intelligence and other APIs using pre-stored ETH or USDC through zero-knowledge proofs, making it impossible for service providers to associate specific requests with the payer.

Bitcoin News posted on platform X stating that the Congressional Research Service pointed out in a new report that since 2017, with changes in presidential administrations, federal regulators have repeatedly changed their stance on whether banks can engage in cryptocurrency activities.The report states that Congress could clarify through legislation to explicitly allow or restrict specific activities to reduce the frequent adjustments in regulatory positions. The report mentions the CLARITY Act: the version passed by the House of Representatives would allow banks to use digital assets or blockchain for activities already permitted by current law; the version reported by the Senate committee would explicitly allow 11 types of cryptocurrency activities, including allowing banks to underwrite and trade digital assets more broadly.

Monad released a video, hinting at the launch of a privacy service on October 6. Its token rose over 17% today, currently priced at $0.032671.

The Financial Services Commission (FSC) of South Korea has announced a draft amendment to the regulations related to the institutionalization of Token Securities, planning to expand the range of securities that can be tokenized to include traditional securities such as stocks, bonds, and funds.According to the draft amendment, traditional securities can also be tokenized, except for fragmented investment securities (non-monetary trust beneficiary securities, investment contract securities).The relevant electronic securities regulations will also clarify the requirements for distributed ledgers, stipulating that participants must include electronic registration institutions and at least two account management institutions, and prohibit the use of distributed ledgers for direct payment of electronic registration purposes.

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.

Coinbase CEO Brian Armstrong posted on the X platform that Coinbase is building financial accounts for superintelligence, covering services such as trading, payments, and lending.These accounts can help users accumulate wealth and manage personal finances, and can also provide independent accounts for AI Agent teams, allowing them to handle more tasks on behalf of users.

Jeeves announced the completion of a $110 million equity financing. This round of financing was led by CoinFund, with participation from Andreessen Horowitz (a16z), Coinbase Ventures, AllianceBernstein, the Government of Singapore Investment Corporation (GIC), and Y Combinator.

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.

On September 22, the House of Representatives of Jamaica began reviewing the "Virtual Assets Service Providers Act," which aims to establish a licensing and regulatory framework for cryptocurrency exchanges and other virtual asset service providers, and to ensure compliance with international standards such as anti-money laundering.The bill stipulates that businesses providing virtual asset services to Jamaican consumers, regardless of their headquarters location, must obtain a license from the Financial Services Commission (FSC); operating without a license will constitute a criminal offense. Licensed entities must also fulfill obligations such as customer identity verification, transaction monitoring, and reporting suspicious activities.Jamaica's Minister of Finance Fayval Williams stated that FSC licensing only regulates business operations and does not constitute official recognition or guarantee of the digital assets being traded. The Jamaican dollar remains the only legal tender in the country, and the FSC will be authorized to license, supervise, and shut down non-compliant virtual asset businesses.

Citi announced the launch of its enterprise-grade tokenized deposit service, Citi Token Services, in Japan and the UAE. Japanese customers can transfer funds almost instantly to accounts in regions such as the United States, the United Kingdom, and Singapore that have been activated; the service supports US dollars in Japan, and cross-border transfers can be conducted year-round, 24/7.This service is backed by bank deposits and processed on a permissioned blockchain managed by Citi, requiring no new accounts or cryptocurrency wallets. The covered markets have expanded to seven, including the United States, Ireland, Hong Kong, Singapore, the United Kingdom, Japan, and the UAE.

The Financial Services Agency of Japan announced that its fintech proof-of-concept center's "Payment Enhancement Project" will support the fourth case, with applicants including TradeWaltz, NTT DATA, Mizuho Bank, Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mitsubishi UFJ Trust and Banking Corporation.This proof-of-concept program will commence in September 2026, verifying the practical responses to the use of stablecoins in trade transaction fund settlements and addressing related legal issues. After the experiment concludes, the Financial Services Agency of Japan will publish results and conclusions on topics such as compliance and regulatory responses, as well as interpretations of laws providing services to general users on its official website.

Tesla (TSLA.O) announced that its FSD supervised mode has now been approved in Croatia.

According to a report by Reuters on September 28, Florida Attorney General James Uthmeier requested a judge on Monday to prohibit OpenAI from developing new artificial intelligence models without external oversight. This request is part of the state's lawsuit accusing OpenAI of harming children. Uthmeier also asked the court to order OpenAI to prohibit minors from using ChatGPT and to prevent the company from attributing human characteristics to the chat platform.Florida sued OpenAI in June, accusing it of misrepresenting the safety of ChatGPT, claiming that the platform provided information to school shooters, offered guidance on self-harm, and made young users addicted. The lawsuit was triggered by a shooting incident at a university in Tallahassee last year, as well as several other incidents in other states where it was alleged that ChatGPT provided information to individuals who later committed acts of violence. Uthmeier, a Republican, is also the first state attorney general to sue OpenAI over its impact on young users, and the company is facing related lawsuits filed by individuals and families.OpenAI spokesperson Drew Pusateri stated that the company has paused training its most powerful models and will not resume until additional safety measures are implemented, expressing a willingness to work with Florida and other states to promote pragmatic policies applicable across the industry. The company denies responsibility in these cases, stating that the chatbot provides information widely available online and continuously updates its safety tools. The request also cited recent comments from a former OpenAI employee and a current board member, stating that the development of artificial intelligence could lead to the end of humanity and must be slowed down.

Anthropic warned investors in its IPO prospectus that its artificial intelligence technology could pose existential risks to humanity. The company detailed risk factors in its S-1 filing, dedicating nearly one-third of the document to potential risks, including the possibility that AI models may exhibit manipulative, extortionate, and unpredictable behaviors.Anthropic is expected to land on Nasdaq this fall, potentially becoming one of the highest-valued IPOs in history.

According to CoinDesk, Franklin Templeton has expanded its "Over-the-Counter Collateral Program" to Bybit, allowing users of the exchange to use their tokenized money market fund shares for cryptocurrency trading. Users can use the shares as collateral to borrow stablecoins USDT or USDC, while the underlying assets continue to generate returns. The relevant shares represent approximately $686 million in net assets.The underlying assets will not be transferred to Bybit but will be held off-chain by the regulated custody platform ByCustody, with their value mirrored in the Bybit trading environment, thereby generating returns while releasing trading liquidity. The shares are issued through the Benji technology platform, which is Franklin Templeton's proprietary blockchain-integrated record-keeping and transfer agency infrastructure, currently paying an annualized return of 3.7% based on the latest 7-day interest rate.This is not Franklin Templeton's first foray into over-the-counter collateral partnerships, as it has previously offered tokenized money market funds to Binance and OKX clients. Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton, stated that investors can now use collateral more efficiently across major exchanges and earn returns from it, which is crucial for ecosystem growth. This expansion also reflects industry trends, with platforms like Crypto.com and Deribit allowing qualified users to use BlackRock's BUIDL fund as trading collateral.

Bitget has officially opened the phased withdrawal feature as scheduled, and BTC withdrawal services are now available. According to the previously announced timeline, ETH-related networks will open for withdrawals on September 29 at 16:00, and USDT-related networks will open for withdrawals on September 30 at 16:00.Withdrawals for other tokens, fiat currency, and C2C services will gradually resume starting from October 2 at 16:00. Currently, Bitget's CEO Gracy Chen and the head of the Greater China region, Xie Jiayin, are reviewing and explaining this security incident through a public live broadcast, updating on the latest developments, and answering user questions on-site.

BIT announces that the Hong Kong stock trading feature will enter internal testing starting today, with a targeted public beta launch on October 5 and trading opening on October 12. Users can directly participate in trading using stablecoins.The first phase supports full trading of all stocks on the Hong Kong Stock Exchange's main board and the Growth Enterprise Market (GEM), IPO subscriptions, and financing trading. Hong Kong stocks and U.S. stocks share the same account system, allowing users with a BIT U.S. stock account to directly enable Hong Kong stock trading. During the public beta period, priority experience slots will be granted to invited users; from the start of the public beta until the first month after the official launch (ending November 11), all users can enjoy zero-commission trading, zero interest and zero subscription fees for financing new shares, a HK$100 Hong Kong stock platform fee deduction card, and a Hong Kong stock L2 market data card. Specific qualifications and rules are subject to BIT's official announcement.Elio Cui, head of BIT's brokerage business, stated: "The launch of BIT's Hong Kong stock trading provides customers with a more comprehensive cross-market investment tool. As a key hub connecting domestic and foreign liquidity, the Hong Kong capital market concentrates scarce high-growth and high-dividend quality targets, making it a core channel for investors to conduct cross-regional asset allocation and share regional growth dividends. Relying on the BIT account system, investors can flexibly allocate global mainstream quality assets such as U.S. stocks, Hong Kong stocks, and digital assets, truly achieving 'one account, global allocation' investment efficiency."

The Hong Kong Accounting and Financial Reporting Council (AFRC) announced the signing of a new Memorandum of Understanding with the Hong Kong Securities and Futures Commission, expanding regulatory cooperation beyond the oversight of financial reporting and related auditing work of listed entities.This includes the financial and compliance reporting of licensed corporations, SFC-licensed virtual asset service providers, SFC-recognized funds, and registered open-ended fund companies, as well as the related auditing and assurance work conducted by their auditors.