1. US SEC Declares Liquidity Staking Activities Not Considered Securities
According to market news, the US Securities and Exchange Commission (SEC) has issued a statement regarding liquidity staking activities, stating that these activities are not considered securities. -Original
2. Trump Says Candidates for Federal Reserve Chair Reduced to Four
US President Trump: The candidates for Federal Reserve Chair have been reduced to four, including two Kevins (Kevin Warsh and Kevin Hassett) and two others. -Original
3. White House Suggests Bitcoin Miners Only Pay Taxes Upon Sale, May Alleviate Tax Burden
The US White House Digital Assets Working Group suggested in a 168-page report that the IRS clarify the timing of tax obligations for Bitcoin mining income, or switch to taxing at the time of sale to avoid double taxation of "mining income tax + capital gains tax on sale." BitFuFu CEO Leo Lu stated that this move could significantly reduce the tax burden on miners and accelerate the mainstream adoption of Bitcoin. Similar tax deferral proposals have already been introduced in Congress, such as H.R. 8149. -Original
4. Corporate Crypto Asset Reserves Exceed $100 Billion, Bitcoin Holdings Account for Nearly 4% of Circulation
As corporations flood into the cryptocurrency market, a recent report from Galaxy Research shows that the current Bitcoin holdings of digital asset reserve companies have reached $93 billion, accounting for nearly 4% of the total circulation; Ethereum holdings are at $4.1 billion, accounting for 1%; the balance sheets have added 10 new emerging cryptocurrencies including SOL, XRP, and BNB; among them, Strategy Company leads with $71.8 billion in Bitcoin holdings (including $28 billion in unrealized gains). -Original
5. Atlanta Fed Raises US Q3 GDP Growth Forecast to 2.5%
On August 5, the Atlanta Fed's GDPNow model initially projected the US GDP growth rate for the third quarter to be 2.5%, up from 2.1%. -Original
6. Philippines SEC Names 10 Unauthorized Crypto Exchanges, Warns of Investment Risks
According to Cointelegraph, the Philippines Securities and Exchange Commission (SEC) has released a consultation report naming 10 major cryptocurrency exchanges, including OKX, Bybit, KuCoin, and Kraken, for operating without authorization under the country's new cryptocurrency regulations. The alert states: "These platforms have not obtained permission, registration, or authorization from the Philippines Securities and Exchange Commission and cannot operate or solicit investments from the public in the Philippines." The alert further adds: "Their unauthorized actions pose significant risks to Filipino investors." -Original
7. Government of Bhutan Sends 517 BTC to New Wallet, Possibly Depositing in Binance
According to Onchain Lens monitoring, the government of Bhutan has sent 517 BTC, worth $59.23 million, to a newly created wallet, which may be deposited in Binance. -Original
8. US CFTC Considers Allowing Registered Futures Exchanges to Conduct Spot Cryptocurrency Trading
The US Commodity Futures Trading Commission hopes stakeholders will collaborate with it to provide regulatory clarity for listed spot crypto assets. -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
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