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Atkins stated that the current custody provisions of the Investment Advisers Act and the Investment Company Act predate the birth of the internet, and the custody capabilities for new assets often lag behind by several months after they go live. The SEC's proposed custody rules aim to fill this gap.Atkins also compiled the current SEC's cryptocurrency regulatory initiatives, including ending "regulation by enforcement," arrangements related to tokenized securities, the proposed framework for Regulation Crypto Assets issuance, and "innovation exemptions," stating that more regulatory proposals are on the way.

NEAR Protocol posted on platform X that Sal Ternullo, CEO of NEAR Treasury Company SVRN, has introduced a new proposal on the NEAR governance forum to reduce the maximum annual token issuance rate from 2.5% to 1.6% for a duration of 24 months, and to lower the staking yield from the current approximately 5.4% to about 3.5%.The proposal is currently seeking feedback from validators, House of Stake delegators, and NEAR community members, with a complete plan expected to be announced next week for voting.In response to the recent NEAR Intents security incident, NEAR Protocol further clarified that the blockchain network is operating normally, and the related incident was not caused by vulnerabilities in NEAR Protocol or the native token NEAR. The NEAR Protocol network continues to produce blocks and process transactions without any downtime.

According to a report by Reuters, the International Monetary Fund (IMF) has approved a disbursement of $139 million to El Salvador, following the organization's exemption regarding the Salvadoran government's violation of conditions limiting further accumulation of Bitcoin. The IMF Executive Board completed the second and third reviews of El Salvador's $1.4 billion Extended Fund Facility (EFF), allowing for the immediate release of these funds.The IMF stated that El Salvador's economic performance has exceeded expectations, benefiting from improved security conditions and increased investor confidence. The IMF noted that some program performance standards were not met, including indicators related to Bitcoin holdings. However, after El Salvador took strong corrective measures and recommitted, the IMF approved the relevant exemptions.In September, IMF staff indicated that documents provided by El Salvador showed that the increase in Bitcoin following the initial review came from private donations rather than public funds. The IMF also stated that El Salvador has made progress in anti-money laundering measures, fiscal transparency, and transferring majority ownership and control of the state-owned digital wallet Chivo to private operators.

EIP-8363 co-sponsor Jérôme de Tychey announced the withdrawal of the application to include the proposal in the Hegotá hard fork, and the discussion on the related issuance policy will shift to an independent topic.

According to The Defiant, the Solana ecosystem liquid staking protocol Marinade stated that its governance committee consecutively rejected two proposals within six hours, thereby preventing an attempt to take over the DAO.Marinade stated that this incident did not result in any funds being transferred, and its staking services were not affected.

U.S. Senator Steve Daines (Republican from Montana, member of the Senate Finance Committee) has officially introduced a 56-page digital asset tax bill, named the "Aligning Digital Assets with Tax Principles Act" (ADAPT Act). The bill aims to establish clearer tax rules for scenarios such as stablecoin payments, network fees, staking, and lending, and plans to extend existing tax rules like wash sales and constructive sales to apply to digital assets.The core provisions of the bill state that taxpayers generally do not need to recognize gains or losses when using compliant U.S. dollar stablecoins to purchase goods and services, while exempting brokers from information reporting obligations for qualifying consumer transactions; however, this exemption does not apply to traders and market makers. The bill also extends wash sale rules and constructive sale rules to digital assets, with compliant stablecoins excluded from the constructive sale provisions to limit loss harvesting behavior in crypto assets.Additionally, the bill proposes to exempt digital assets used to pay for network, transaction, or gas fees of $10 or less from gain or loss recognition and allows qualifying digital asset traders and dealers to choose to account for them at fair market value. The bill also stipulates rules for income sources from staking and mining, a non-recognition framework for digital asset lending, a safe harbor for foreign investors' transactions, and definitions for digital asset classifications; most provisions will apply to tax years or transactions after December 31, 2026. Previously, the U.S. House Ways and Means Committee passed its own "Digital Asset Tax Certainty Act" on September 16 by a vote of 38 to 5.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Colossal Gaming vs Lodis - EMEA Masters Swiss Stage," the sub-market "Both teams kill one dragon" option's "Yes" win rate has experienced a sharp fluctuation, soaring from 51.5% an hour ago to the current 90% (a fluctuation of 38.5%). Please note the impact of related breaking news.

The DeFi protocol Sentora has initiated an ARFC proposal to operate an independently curated lending market on Aave V4.According to the proposal, Sentora will be responsible for market operations, including collateral assets and interest rates, while the Aave DAO will retain ownership and ultimate control of the smart contracts. The lending assets will be limited to RLUSD, PYUSD, and OUSD, while the collateral will include USDe, PRIME, mWIN, PST, and kBTC. The protocol revenue generated by the market is expected to be split equally between the Aave DAO and Sentora.

Market research firm Counterpoint Research stated that Apple is expected to sell approximately 6 million units of the iPhone Duo this year, marking the first forecast for the market performance of Apple's first foldable device.IDC predicts that driven by the iPhone Duo, the shipment of foldable smartphones will grow by 13% this year, reaching 22.9 million units.

According to Bloomberg, Strategy's Executive Chairman Michael Saylor is seeking to adjust the dividend mechanism for the company's preferred shares, proposing to change the dividend payment from bi-monthly or quarterly to daily for billions of dollars in preferred stock. The annualized yield on the related securities can reach up to 12%, and Saylor stated that this move would help improve liquidity and market efficiency.Previously, Strategy primarily raised funds by selling common stock to purchase Bitcoin, but as the premium of common stock relative to its Bitcoin assets disappeared, the company shifted to issuing perpetual preferred shares that do not dilute the equity of common stock shareholders. Such securities have no fixed repayment date and can provide a new source of financing for Strategy. The company currently has over $14 billion in preferred shares outstanding. Although the company has repurchased over $1 billion of floating-rate preferred shares STRC, it has still been unable to issue new STRC since May.Analysts pointed out that increasing the frequency of dividend payments mainly reduces dividend-related volatility, cannot eliminate credit and Bitcoin price risks, and may not necessarily enhance market liquidity. The shareholder vote on the proposal will conclude on October 28. Given that Saylor is the main shareholder of Strategy, the proposal is expected to pass.

According to official data, the cross-chain aggregator raised nearly 16 million dollars in token sales on the Legion platform, exceeding the target by 8 times.This token sale opened last night at 9 PM and will close on October 2nd at 9 PM.

The Salvadoran government is collaborating with Modveon to develop a government-supported application called Sivar, allowing the public to send, receive, and hold dollar-pegged stablecoins through Coinbase's Base network, and supporting remittances. The application will verify user identities through government-issued identification.

According to the Snapshot page, the proposal for the World Liberty Financial (WLFI) community to "Launch the WLFI Governance Participation Incentive Program" has concluded voting. Approximately 82.13% voted in favor, about 9.17% voted against, and around 8.70% abstained.A total of 2,306 addresses participated in the voting, with a total voting volume of approximately 2.114 billion WLFI, exceeding the statutory threshold of 1 billion. Holders of unlocked WLFI will lock their tokens for at least 180 days and participate directly in governance voting at least once every 90 days to receive dynamically calculated rewards; delegated votes do not count towards participation requirements.The program is scheduled to be launched before October 1 and will replace the original proposal passed on March 12, 2026.

Worldc Foundation posted on X that World Assets, Ltd. has completed a series of private sales totaling 49 million USD, with the related sales completed in the past month. All sales have a 1-year lock-up period. Some sales have already been settled, and the delivery and settlement of the remaining WLD will be completed this week.

After U.S. President Trump rejected Iran's proposal to reopen the Strait of Hormuz, oil prices in Asia rose, intensifying inflation concerns. U.S. Treasury bonds resumed selling, with the two-year Treasury yield rising 5 basis points to 4.9% and the ten-year yield rising 4 basis points to 5.2%.

According to CoinDesk, Ethereum co-founder Vitalik Buterin has released a long-term roadmap, referred to as Streamlining Ethereum. The vision proposes that by 2030, Ethereum will surpass a mere blockchain ledger and plans to completely restructure the protocol in the next three to four years.The transformation includes expanding transaction throughput by approximately 1000 times, introducing zero-knowledge proofs to enhance privacy and combat quantum computing threats. By 2030, the network is expected to accommodate 2TB of traditional dynamic state data, along with an additional 100TB of new scalable storage, to achieve underlying state separation and optimization. The vision also aims to establish Ethereum as an infrastructure driven by cryptographic validation, with applications extending from finance to social systems. Most developers support this plan, although some voices believe the implementation timeline is somewhat delayed.

According to the Financial Times, the South Korean Deputy Prime Minister recently stated, "Artificial intelligence should be regarded as a fundamental infrastructure like 'electricity,' and every South Korean citizen should be able to use it affordably without worrying about costs." Last year, South Korean President Lee Jae-myung stated that this technology has brought South Korea to "a significant historical turning point," and asked, "Are we going to continue to act as followers who may be left behind, or become leaders who can seize unlimited opportunities?" To answer this question, the government last month selected domestic telecom companies SK Telecom and KT, as well as internet service provider Kakao, to lead the implementation of the "Universal Artificial Intelligence" plan, aimed at allowing South Korea's 51.6 million citizens to use services similar to ChatGPT and personal AI assistants for free. The South Korean Deputy Prime Minister clearly stated on social media that despite concerns that technology may spiral out of control and lead to catastrophic consequences, South Korea remains determined to become "one of the top three countries in artificial intelligence." He wrote, "Currently, we have no room to slow down the pace of artificial intelligence development. We will accelerate, but we will do so more safely."

El Salvador has added a total of 8 Bitcoins in the past 7 days and 31 Bitcoins in the past 30 days. Currently, its Bitcoin holdings amount to 7,787.37 Bitcoins, with a total value of 658 million dollars.

According to Ember Monitoring, a whale/institution that has held ETH for 3 years continued to take profits 9 hours ago by transferring 30,825 ETH ($83.03 million). Over the course of a week, a total of 112,053 ETH ($300 million) was transferred to Bitfinex, realizing a profit of $72.83 million.This whale/institution withdrew 130,592 ETH ($264 million) from Bitfinex in 2023 at an average price of $2,026.