Weekend Recommended Reading: The US SEC Introduces Listing Standards for Cryptocurrency ETFs, Base Token Launch Imminent
Organized by: Nona
This Week's Focus
“The SEC's New Regulations Breakthrough: Will the Crypto Market Welcome an ETF Wave, with Solana and Ripple as the Biggest Winners?”
With the official launch of the universal listing standards, the industry widely believes that the spot ETFs for Solana and Ripple will be the first to ride this favorable wind and benefit from it. Why is that?
“From Polymarket, Kalshi to Limitless and Other Emerging Markets: Analyzing the Deep Logic Behind Diverse Path Designs in Prediction Markets”
The rise of Polymarket has also given birth to a variety of complex design choices behind prediction platforms. Although they all share the common goal of aggregating collective wisdom, different platforms have taken different paths. They differ significantly in their operational methods—from the underlying supporting technologies to the mechanisms that determine the market "truth."
“ConsenSys' New Ecological Layout: Supporting Linea, MetaMask 'Accelerates' the Launch of Stablecoin mUSD”
The launch of mUSD is not only an important step for ConsenSys to enter the stablecoin market but also an effective way to support the development of the Linea ecosystem. Can mUSD bring new development opportunities for both ecosystems? Let's wait and see.
“Base Token Launch Approaches: Can L2 Tokens Drive Ecological Growth?”
The launch of Base's native token is not just an issuance of an L2 token; it should also be seen as Coinbase's strategic attempt to find a balance between on-chain economic layout, shareholder value, and token incentives.
[
At 2 AM Beijing time on September 18, the Federal Reserve announced a 25 basis point rate cut, which aligns with market expectations regarding the magnitude and timing of the action. The statement added that U.S. job growth has slowed, the unemployment rate has slightly risen, employment downside risks have increased, and the risk balance has shifted, removing the description of a robust labor market. Only Trump's newly appointed board member, Milan, voted against, advocating for a 50 basis point cut.
](<p class=)
[Selected Recommendations](<p class=)
“Reconnecting? Regulatory Negotiations Are Underway, CZ Deletes 'ex' Prefix Sparking Speculation”
It is noteworthy that the regulation of the crypto industry is showing an increasingly significant political tendency. From Zhao Changpeng's attempts to seek a pardon to reports of Binance's business ties with the Trump family, as well as the fact that the industry has become an important source of campaign donations, all indicate that the regulation of the crypto industry has become highly politicized.
[
For USDC, the launch of USDH is undoubtedly a new competitive force. In the short term, USDH may attract some users to migrate with promotional strategies such as zero fees and yield returns, thereby siphoning off some liquidity and causing a certain market impact on USDC. In the long term, USDC, with its years of accumulated compliance advantages, influence, and vast ecological coverage, still possesses a solid moat, making it difficult for USDH to surpass it overnight.
]( Why did Markets win the Hyperliquid stablecoin USDH bid?》
[]( Why did Markets win the Hyperliquid stablecoin USDH bid?》
With the rise of competitors, the decline in token prices, and the rampant release of tokens by bots, the platform has fallen into a predicament and has faced external criticism, being labeled as a "crypto casino." In the face of these challenges, the team decided to adopt a series of new strategies, including launching a dynamic creator fee model, providing liquidity support to the community, and vigorously promoting live streaming and mobile application fields.
From the global stablecoin landscape, the U.S. will form a compliant stablecoin system with USAT and USDC standing strong, both of which will undertake regulatory functions similar to Hong Kong's "Monetary Authority" in the stablecoin field.
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[
<li class=)to discuss key regulatory issues.
Galaxy Digital plans to launch its own tokenized cryptocurrency market fund, set to go live on Ethereum, Solana, and Stellar.
Binance is close to reaching an agreement to lift compliance oversight imposed by the U.S. Department of Justice.
Movement Labs officially transforms into an L1 blockchain while launching Move 2.0.
]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
<span style=)
[]( AML Compliance Ideas》
Over the past decade, regulatory agencies have mostly attempted to forcibly incorporate cryptocurrencies into traditional financial frameworks, while the BIS's proposal acknowledges the irreversibility of decentralized technology and seeks paths to achieve regulatory goals in the new technological environment.
