Express News | A TRUMP whale incurs $9.39 million in unrealized losses after holding for one year
On October 7, Onchain Lens monitoring data revealed that a whale accumulated 1.148 million TRUMP tokens from Gate and OKX one year ago at a cost of approximately $11.55 million. The whale has now transferred the entire position to a new wallet. At current prices, the holding is valued at $2.16 million, representing an unrealized loss of approximately $9.39 million, or a decline of about 81.3%.
Hong Kong's Financial Secretary: A draft amendment to the relevant ordinance will be submitted within the year to establish a licensing regime for virtual asset trading and custody services.
According to a press release from the Hong Kong Special Administrative Region Government, Secretary for Financial Services and the Treasury Christopher Hui attended a policy briefing of the
Interpretation of the U.S. CFTC's New Regulations: The regulatory scope covers crypto‑related activities involving leverage, margin, or financing, but it lacks jurisdiction over the spot market.
BlockBeats reports that on October 6, the U.S. Commodity Futures Trading Commission (CFTC) proposed two new rules on Monday, seeking to establish a U.S. regulatory framework for cryptocurrencies
The U.S. CFTC has proposed its first set of rules for the cryptocurrency market, abandoning a regulatory approach that relies solely on enforcement.
PANews reported on October 5 that Michael S. Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated in a Wall Street Journal op-ed that, following Congress's failure to pass
Survey: Nearly 70% of affluent investors in Europe and the U.S. hold crypto assets and plan to increase their holdings by 2026.
ChainCatcher reports that digital asset management firm CoinShares found in its latest survey that affluent investors' appetite for crypto allocations continues to grow. The survey polled 2,230 high-
Express News | Golden Evening Post | Key Developments on the Evening of October 3
12:00-21:00 Keywords: Visa, TRUMP, Coinbase 1. The U.S. Department of Justice will not reopen the criminal investigation into Powell; 2. Operating profits of South Korean exchanges fell 78% in the first half of the year, with average daily trading volume down 44%; 3. Visa-related stablecard payment volume increased by nearly 200% year-on-year, with corporate cards accounting for 17%; 4. A U.S. federal judge approved preliminary injunctions filed by Kalshi and Coinbase against Illinois; 5. PONS founder responds to questions about the buyback mechanism: buyback and burn processes have been automated; 6. The CFTC approved Coinbase as a derivatives clearing organization, allowing it to clear futures and swaps internally; 7. The TRUMP team has cashed out $249 million worth of tokens over the past eight months, while still holding $1.49 billion worth of TRUMP.