transparency

According to The Block, Jeff Yan, co-founder of the decentralized perpetual contract trading platform Hyperliquid, stated during a fireside chat at the Korea Blockchain Week 2026 that around-the-clock trading is not the essential difference between on-chain trading venues and traditional exchanges. He pointed out that cryptocurrencies do not need to adhere to traditional market opening hours because these assets inherently possess international attributes, and some traditional exchanges have already begun to actively extend their trading hours.Yan emphasized that the more enduring value of on-chain finance comes from allowing users to retain control and custody of their funds, which helps to avoid a common single point of failure risk. In his view, once a counterparty, intermediary, or even custodian encounters issues, the ability to self-custody becomes particularly crucial.In addition, transparency constitutes another distinct feature of on-chain trading. Although it does not have a strong appeal in serving ordinary consumers, it is essential for building trust in the entire system. In a system controlled solely by a private organization, users cannot obtain the same level of trust and neutrality guarantees.He also mentioned that for assets lacking publicly available prices during the closing hours of traditional exchanges, continuous trading remains necessary. He cited commodities, stocks, and Pre-IPO targets that had already traded on Hyperliquid before the reference market opened as examples to illustrate that the demand is indeed real.

Russian Deputy Finance Minister Ivan Chebeskov stated that Russia will promote the establishment of a transparent and legal cryptocurrency market. The country has about 20 million cryptocurrency users, with a total investment of approximately 3.7 trillion rubles, and a daily trading volume of about 50 billion rubles.

U.S. Republican Senator and Wyoming Federal Senator Cynthia Lummis stated: The Democrats had previously requested that any cryptocurrency project raising more than $25 million from the public provide audited financial statements, and this requirement has been written into the bill.Lummis noted that the Democrats voted against the transparency they had requested. Lummis has served as a Federal Senator from Wyoming since 2021, having previously served as a member of the U.S. House of Representatives from 2009 to 2017.

Bitget released its transparency report for August 2026, disclosing its latest progress in the construction of a multi-asset trading ecosystem. In terms of U.S. stock tokens, taking rNVDA as an example, its daily trading volume reached $38.5 million, with over 4,200 users completing approximately 112,800 transactions, of which about 36% of the trading volume occurred outside regular U.S. trading hours, reflecting that rToken is becoming a core tool for investors to break through traditional trading time constraints and achieve 24/7 global asset allocation.On the institutional business front, Bitget launched an institutional-level CFD liquidity solution aimed at quantitative teams, proprietary trading firms, funds, brokers, and high-net-worth professional traders, supporting high-frequency quantitative trading, arbitrage between futures and spot, and automated trading scenarios such as EA.At the same time, the platform launched FCN (Fixed Coupon Notes), bringing traditional financial structured products into the tokenized U.S. stock market, becoming the first cryptocurrency exchange to combine the FCN structure with USDT settlement and U.S. stock rToken delivery. As related products and trading infrastructure continue to improve, Bitget is further strengthening its capabilities in institutional-level services, multi-asset coverage, and liquidity.In addition, third-party data shows that Bitget performs outstandingly in terms of liquidity and execution efficiency for tokenized stocks and stock perpetual contracts. In a liquidity benchmark test targeting the five stock spot markets of MSTR, SPY, QQQ, CRCL, and NVDA, DeFiLlama recorded Bitget with the lowest median bid-ask spread of 0.83 basis points and the deepest order book liquidity among all sample markets. In execution benchmark tests covering 36 stock perpetual contracts and 8 types of metal and commodity perpetual contracts, Bitget maintained a significant lead in approximately 90% of trading pairs.

The decentralized stablecoin USDD released its monthly transparency report for August 2026. As of August 31, the circulation of USDD is approximately 1.53 billion, with reserve assets totaling 2.26 billion USD and a collateralization rate of 147.96%. The Smart Allocator has achieved a cumulative return of 26.738 million USD, with a monthly new return of 3.015 million USD, a month-on-month increase of 13.6%.In August, the USDD Vault expanded to the Ethereum ecosystem, allowing users to use ETH and WBTC as collateral to mint USDD; the GasFree transfer feature now supports USDD, enabling zero Gas transfers on the TRON network. During the same period, collaborations were also established with platforms such as Binance Wallet, Gate DEX, and Pendle.

Bitcoin News posted on platform X stating that the International Monetary Fund mentioned that El Salvador has accumulated Bitcoin since June 2025 without using public funds, and this accumulation reflects private donations.El Salvador disclosed in November 2025 that it purchased 1,090 Bitcoins, valued at approximately 100 million dollars, increasing its Bitcoin holdings to 7,474 coins. The International Monetary Fund also stated that El Salvador is improving the transparency of Bitcoin holdings across various wallets and strengthening the governance and risk management of public sector crypto asset holdings.

Nick Timiraos, the chief economic reporter for The Wall Street Journal and known as the "mouthpiece of the Federal Reserve," recently wrote that Federal Reserve Chairman Kevin Warsh is facing intense scrutiny from Congress. On Wednesday local time, four members of the Senate Banking Committee, led by Senator Chris Van Hollen, jointly sent a letter to Warsh, demanding that he publicly disclose all communication details with President Donald Trump.Earlier reports indicated that Warsh had maintained frequent phone contact with Trump since taking office, but the publicly available schedule from the Federal Reserve does not record any related calls during Warsh's early days in office. Lawmakers believe that this "selective transparency" could raise concerns about government interference in monetary policy.Kevin Hassett, the director of the White House Council of Economic Advisers, previously stated that Warsh has long engaged in economic discussions with Trump but claimed that Trump would not pressure the Federal Reserve. Trump later denied the related reports, stating that he had only had a brief conversation with Warsh a few days prior.Currently, the Federal Reserve has stated that it will continue to delay the disclosure of the chairman's schedule according to established rules. The market is watching to see if Warsh will provide additional information and whether this matter will affect public confidence in the independence of the Federal Reserve.

Market news indicates that Apple will implement several adjustments across the EU, including changes to the advertising transparency consent tool, which was previously reviewed by the German competition regulator.

The digital asset trading platform Gate released its transparency report for July 2026. The report shows that the platform has maintained growth in multiple areas including trading, TradFi, and innovative businesses, strengthening the global multi-asset ecosystem that connects digital assets with traditional capital markets. In July, Gate launched zero-fee trading for US stocks and ETFs, and introduced features such as gStocks, stock copy trading, and account asset interest generation, covering over 12,500 stock and ETF assets, with the number of ETF products increasing to 386 trading pairs and a monthly trading volume of approximately $20 billion. Meanwhile, the cumulative subscription amount for Pre-IPOs of OpenAI exceeded $260 million, indicating a continued increase in global demand for high-quality pre-IPO asset allocation.Gate's innovative business also continued to strengthen in July. The average daily trading volume in the event contract market increased by over 13% month-on-month, with daily trading volume consistently ranking among the top three globally, and market share once exceeding 36%, setting a historical record; CandyDrop contracts surpassed $4.6 billion, and the cumulative staking amount for Launchpool reached $490 million, with SLX peak APR exceeding 135%, breaking the platform's historical record. According to CoinDesk data, Gate has also made significant achievements in promoting the integration of traditional finance and digital assets, with the trading volume of RWA perpetual contracts across the network rising to $460 billion in July, setting a historical high. Gate holds a 4.39% market share, ranking among the top three global centralized trading platforms, becoming an important leader in this sector. Additionally, Gate's futures trading volume reached $276 billion in July, with a derivatives market share of 9.08% and an open interest market share of 11.2%, firmly maintaining its position among the top two retail trading platforms. As stocks, ETFs, gStocks, Pre-IPOs, direct IPOs, and innovative trading products continue to improve, Gate is constantly expanding its global asset trading and investment service capabilities.

The decentralized stablecoin USDD officially released its monthly transparency report for July 2026 today. The report shows that several core data points have continued to improve month-on-month, demonstrating robust growth and ecological vitality.Among them, the new circulation of USDD in July reached $221 million, with a total circulation of $1.58 billion by the end of the month, and the collateralization ratio maintained at 142.98%; the circulation of USDD on the TRON network increased by 18.7%; Smart Allocator's cumulative earnings reached $23.72 million; the treasury data for Q2 2026 was disclosed in the same month, with a treasury surplus of $21.54097 million;The report comprehensively disclosed reserves, earnings, treasury, and ecological progress, confirming USDD's continuous optimization in terms of over-collateralization, on-chain verifiability, and multi-scenario applications. Various data indicators showed a sustained increase month-on-month, with normalized incentives continuing to be implemented, providing stable support for users and ecological partners.

Recently, the decentralized stablecoin USDD officially released its monthly transparency report for July 2026. The report shows that several core data points continue to improve month-on-month, demonstrating robust growth and ecological vitality. Among them, the new circulation of USDD in July reached $221 million, with a total circulation of $1.58 billion at the end of the month, and the collateralization rate maintained at 142.98%; the circulation of USDD on the TRON blockchain increased by 18.7%; Smart Allocator's cumulative earnings reached $23.72 million; the treasury data for Q2 2026 was disclosed in the same month, with a treasury surplus of $21.54097 million.The report comprehensively disclosed reserves, earnings, treasury, and ecological progress, confirming USDD's continuous optimization in over-collateralization, on-chain verifiability, and multi-scenario applications. Various data indicators showed a continuous increase month-on-month, with normalized incentives being consistently implemented, providing stable support for users and ecological partners.