1. Trump's Crypto Project Secures $100 Million Investment from UAE Fund

Trump's cryptocurrency project has received a $100 million investment from a UAE fund. -Original

2. Huaxing Capital Announces Full Entry into Digital Currency Sector

Odaily Planet Daily reports that Huaxing Capital Holdings Limited (stock code: 1911) has released two announcements regarding personnel adjustments and major business strategies. On the personnel front, the board has approved the appointment of Mr. Frank Fu Kan as an independent non-executive director and a member of the company's audit committee, compensation committee, and nomination committee, and Ms. Chen Jiali as an independent non-executive director, chair of the audit committee, and a member of the nomination committee. Meanwhile, the board announced that while consolidating Huaxing's existing business, it will enter the WEB 3.0 and digital asset sectors, approving a total budget of $100 million for the next two years to develop WEB 3.0 business and invest in digital currency assets; at the same time, the company will increase its investment and development efforts in stablecoins, RWA (real-world assets), and the entire ecosystem surrounding digital assets, and actively expand the application and upgrade of relevant business licenses. -Original

3. U.S. Senate Banking Committee Chair Confirms Crypto Market Structure Bill Completion by September 30

U.S. Senate Banking Committee Chair Tim Scott stated that the crypto market structure bill will be completed by September 30, a timeline that has surpassed the August deadline previously set by Trump. -Original

4. White House Advisor States U.S. is Building Strategic Bitcoin Reserve Infrastructure

FOX Business reporter Eleanor Terrett reported that White House digital asset policy advisor Bo Hines confirmed that the U.S. is working on building infrastructure for a strategic Bitcoin reserve. He noted that although the executive order issued by Trump in March this year did not mandate the Treasury to disclose the current Bitcoin (BTC) holdings of the U.S. government, the government may choose to make this information public. He also added that the U.S. government is "very inclined" to increase its Bitcoin holdings in a budget-neutral manner. -Original

5. Hong Kong Tokenized ETFs to Enjoy Stamp Duty Exemption Policy

Odaily Planet Daily reports that the Hong Kong Financial Services and the Treasury Bureau today released the "Hong Kong Digital Asset Development Policy Declaration 2.0," which states that the Hong Kong government will intensify efforts to expand tokenization schemes, promoting broader asset and financial instrument tokenization, showcasing the diverse applications of this technology across different sectors, including precious metals (such as gold), non-ferrous metals, and renewable energy like solar panels. Currently, all exchange-traded funds (ETFs) listed on the Hong Kong Stock Exchange are exempt from stamp duty upon transfer. To promote the development of the tokenization market, the Hong Kong government will clarify that the stamp duty exemption measures also apply to tokenized ETFs, effectively clarifying the stamp duty situation for tokenized ETFs after secondary market trading is allowed in the future. The "Policy Declaration 2.0" also explicitly welcomes market participants to explore the advantages of tokenizing ETFs, including introducing them for secondary market trading on licensed digital asset trading platforms or other platforms. -Original

6. CoreWeave Resumes Acquisition Negotiations with Bitcoin Miner Core Scientific

As a result of this news, the stock prices of several Bitcoin miners have risen. -Original

7. Upexi to Tokenize Shares on Solana Network, Acquires 56,000 SOL

NASDAQ-listed company Upexi announced that it will utilize the Opening Bell platform developed by Superstate to tokenize its SEC-registered shares on the Solana blockchain. Additionally, the company has acquired approximately 56,000 SOL over the past month, bringing its total Solana holdings to 735,692 SOL, valued at approximately $105 million. Upexi recently raised $100 million and is actively advancing its cryptocurrency asset strategy, becoming one of the growing number of publicly listed companies investing in cryptocurrencies. -Original

8. Arthur Hayes Claims Fiat System May Face Pain, Bitcoin is the Cure

BitMEX co-founder Arthur Hayes stated that as global dollar arbitrage trading unwinds, the false fiat system will face serious pain. Hayes pointed out, "Don't worry, the Sackler family has been reborn as central bankers, ready to provide monetary opiates to ease the pain. Thanks to the great Satoshi for providing the BTC cure." -Original

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