Express News | Analysis: Failure to Pass the Clarity Act May Create Opportunities for DeFi
According to CoinDesk, executives in the crypto industry believe that the failure to pass the Clarity Act will create opportunities for decentralized finance (DeFi), although established exchanges are likely to maintain their competitive advantage. Related initiatives by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) may drive the expansion of regulated on-chain trading and increase institutional participation. Legal experts indicate that while the regulatory framework is expected to advance gradually, there remain gaps that require resolution by the U.S. Congress.
Express News | Central Bank of Argentina: No Short-Term Push for Crypto-Banking Integration; 2022 Ban Remains in Place
On October 11, Bitcoin.com reported that Juan Curutchet, Head of Financial Institutions and Foreign Exchange at the Central Bank of Argentina (BCRA), stated that cryptocurrencies and digital assets would not be integrated into the banking and payment systems in the short term. He noted that there would be "no changes this year," but viewed integration as a possibility during a potential "second Milei term." This statement contradicts earlier rumors suggesting a potential relaxation of regulations on digital assets, with some banks claiming that a draft allowing banks to offer crypto services is being prepared. This implies that the BCRA's 2022 regulation prohibiting financial institutions from providing crypto services will remain in effect, with its repeal contingent on economic conditions prior to the general election. Curutchet acknowledged that current economic vulnerabilities limit the scope for progress but considered these issues part of a "pending agenda." Despite the ongoing ban, several banking groups are advancing their own stablecoin projects through independent entities, offering programmable money functions such as treasury management, payments based on on-chain events, and collateralized credit management to circumvent current restrictions. According to Chainalysis, Argentina received over $88.5 billion in cryptocurrency value in the 12 months ending June 30, making it the second-largest crypto hub in Latin America.
Trading Boom and Industrial Constraints: Why Is South Korea’s Crypto Industry Mired in Structural Dilemmas?
South Korea has long been one of the most unique countries in the global cryptocurrency market.
"Rising October" Fails to Gain Momentum: Bitcoin's Rebound Lacks Strength, Analysts Warn There Is Still Room for Further Decline
1. Prediction markets indicate a 67% probability that Bitcoin will fall to $80,000 or below in October. Analysts point out that the $72,000–$77,000 range constitutes a key support zone. 2. Although
Express News | BCH falls below $300
Market data shows that BCH has fallen below $300, currently trading at $299.4, with a 24-hour decline of 4.89%. Given the significant market volatility, please ensure proper risk management.
Trillions Are Being 'Wasted' on the AI Boom, Arthur Hayes Says. He's Betting on What Comes Next
Humanity is "wasting multi-trillion dollars" on AI data center build-up, according to former BitMEX CEO Arthur Hayes. A key test could come in late 2027 or 2028, when new data center capacity is delivered and customers face their compute commitments. Bitcoin and other cryptocurrencies could benefit from the excess liquidity that follows a bailout, Hayes said.