Key Points: Hong Kong forms a committee to boost AML and CFT in digital assets.
New policies target stablecoin issuers with stricter compliance.
Industry leaders participate to align with global standards.
The Hong Kong Digital Asset Anti-Money Laundering Committee (DAAMC) was established on

 Key Points:
PowerBank drives clean energy growth with 700 MWp+ pipeline across U.S. and Canada.
Innovative Bitcoin treasury integration and tokenized solar assets diversify financing opportunities.
Proven track record: 100+ projects built, $100M financings, 4,000+ homes

Key Points: Ukraine proposes $150 billion US weapons and drone deal amid conflict.
American-European cooperation to bolster Ukraine’s defense, long-term security.
Proposal emphasizes strategic partnerships and economic interests.
Ukraine has proposed a $100 billion U.S. weapons purchase, funded

Key Points: The Trump administration may acquire a 10% stake in Intel.
Key funding source: CHIPS Act grants.
U.S. aims for enhanced semiconductor security.
The Trump administration is contemplating acquiring a 10% stake in Intel Corp by converting $10.9 billion in CHIPS Act grants, potentially

Key Points: USD.AI’s launch after $13.4M Series A funding
Enables users to deposit USDC for yield-bearing tokens
Framework Ventures led funding, boosting AI credit protocol
USD.AI, developed by Permian Labs, launched a stablecoin protocol on August 19, offering decentralized credit for AI on

Key Points: Largest BNB corporate treasury as holdings grow to 325,000.
Corporate BNB supply target by 2025.
BNB expands into corporate reserves, enhancing institutional trust.
BNB Network Company, a subsidiary of CEA Industries, announced on August 18th its treasury has grown to 325,000 BNB,

Key Points: Volkswagen partners with FOMO Pay, enabling crypto payments for vehicle purchases.
Daily limit of SGD 4,500 for transactions using BTC, ETH, USDT, and USDC.
No significant DeFi metric shifts observed after integration.
Volkswagen Group Singapore announced a collaboration with FOMO Pay,

Key Points: IVIX raised $60 million to enhance crypto compliance using AI.
Fund aims to boost R&D in financial crime detection.
Strengthening compliance could affect major cryptocurrencies.
IVIX announced a $60 million Series B funding led by OG Venture Partners, aimed at enhancing AI-based compli

Key Points: ChatGPT mobile apps generate $2 billion in spending since May.
OpenAI leads market with 30x competitor revenue.
US users contribute 38% of total app revenue.
OpenAI’s ChatGPT has reported $2 billion in global consumer spending since the launch of its iOS and Android apps in May 2023, s

Key Points: Circle to meet South Korean banks, regulatory focus on stablecoins.
Stablecoin regulatory bill targets issuance and risk control.
Increased financial collaboration signals market readiness.
South Korea’s Financial Services Commission is set to propose a stablecoin regulatory bill in

Key Points: Thailand’s TouristDigiPay program empowers tourists to use cryptocurrency.
The initiative aims to offset the decline in tourism, especially from China.
There’s a heavy emphasis on regulatory compliance and innovation.
Thailand has launched the TouristDigiPay program, allowing foreign t

The seminar hosted by Renmin University garnered participation from approximately 60 industry and academia experts highlighting a robust engagement with virtual asset regulation. Discussions centered on clarifying legal frameworks for cryptocurrency disposal in legal cases, focusing on stablecoins a

Key Points: US Treasury hints at Bitcoin reserve strategy amid PPI surge.
Interest rate cut hopes dim after July PPI data.
Bitcoin stability under macroeconomic challenges examined.
The Federal Reserve’s ‘wait and see’ stance, reinforced by the recent US Producer Price Index surge, quashes

Key Points: Hong Kong announces stricter custody guidelines for virtual asset platforms.
The new regulations aim to enhance asset protection amidst rising crypto thefts.
Increases in operational costs anticipated for compliance with new standards.
The Hong Kong

Key Points: Brevan Howard’s $2.32 billion stake in BlackRock’s Bitcoin ETF.
Potential shift in institutional crypto confidence and participation.
No primary confirmation, but significant institutional interest evident.
Brevan Howard, a major hedge fund, reportedly holds over $2.32 billion in Black

Key Points: Paul Atkins launches “Project Crypto” to modernize digital asset regulations.
Aims to integrate U.S. financial markets with blockchain.
Regulatory clarity hoped to attract crypto businesses to the U.S.
Paul Atkins, SEC Chairman, will discuss “Project Crypto,” an initiative for blockcha

Key Points: Increase in Bitcoin ETF holdings by Avenir Group to $1.01 billion.
Reflects a growing institutional confidence in Bitcoin ETFs.
Potential implications for regulatory changes in the cryptocurrency sector.
Avenir Group, a Hong Kong-based family office, increased its BlackRock Bitcoin ETF