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According to South Korean media MK, Min Byeong-deok, a member of the Democratic Party of Korea, revealed that the South Korean "Basic Law on Digital Assets" will be promoted for formulation within the year, with a public hearing planned for this month, and the formal advancement of the bill review will begin in November after the national government audit concludes. However, considering that the National Assembly will also conduct national government audits and budget reviews, the legislative timeline may be postponed until the first half of next year.In addition, the South Korean Financial Services Commission has announced a phased implementation roadmap for Security Token Offerings (STO), and financial institutions are also advancing tokenization system testing and global infrastructure cooperation. South Korea's digital asset regulation is gradually shifting from institutional discussions to the preparation phase for implementation.

Goldman Sachs economist Alexandra Wilson-Elizondo stated: "Today's CPI largely meets expectations, which on the surface is the result investors hoped for, but it indeed heightens the suspense for next week's interest rate decision. The challenge is that the data does not fully reflect the recent emergence of some inflationary pressures, and there is little evidence that inflation is returning to target in the short term. The survey period for this report predates the latest round of energy price increases and also predates the surge in commodities spreading from energy to metals and agriculture. Today's inflation data does not eliminate the possibility of stronger price pressures emerging in the future.In summary, today's data that meets expectations will allow the Federal Reserve to keep the option of raising interest rates, but it will not be forced to act, so the market may focus more on Waller's communications, energy prices, labor market data, and what happens next, rather than on what was released today."

MediaTek announced a consolidated revenue of 64.183 billion NTD for August, a month-on-month increase of 32.4% and a year-on-year increase of 44%, setting a new monthly record. The combined performance for July and August reached 112.658 billion NTD, bringing the total consolidated revenue for the first eight months of this year to 413.991 billion NTD, a year-on-year increase of 5.7%. If September's performance exceeds 39.542 billion NTD, it will meet the lower end of the financial forecast for the third quarter.MediaTek expects growth in its smart device platform business this quarter to offset the impact of its mobile business. Based on an exchange rate of 1 USD to 32 NTD, revenue this quarter is expected to be between 152.2 billion and 159.8 billion NTD, remaining flat to growing by 5% compared to the previous quarter, and growing by 7% to 12% compared to the same period last year, with a gross margin estimated at 46% plus or minus 1.5 percentage points. The ramp-up of flagship system-on-chip products can largely offset weakness in other products, with mobile chip revenue expected to remain flat to decline in the single-digit percentage range, while revenue from the smart device platform is expected to grow in the mid to high single-digit percentage range.MediaTek's ASIC design services and other businesses are expected to contribute this year, with estimated dollar revenue expected to reach the high single-digit percentage range, achieving the upper end of the original target range. Data center chips, through close collaboration with major U.S. cloud service providers, have developed the first AI accelerator ASIC, which is expected to enter mass production in the fourth quarter, with data center revenue expected to exceed 2 billion USD this year. MediaTek has raised its market share target for the addressable market in the data center sector from 10% to 15% to 15% to 20% by 2027.

According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) stated that cryptocurrency companies relying on temporary regulatory exemptions must apply for an Australian financial services license or apply to amend their existing licenses by September 30.Starting from October 1, businesses that do not meet the conditions for ASIC's non-action stance and still require authorization may violate the Financial Services Act and face civil or criminal penalties, with fines of up to 10% of annual turnover. ASIC noted that since updating the relevant guidelines in October 2025, it has received over 45 applications for licenses related to digital assets.

According to The Block, South Korea's top financial regulator has stated that it will accelerate discussions on cryptocurrency-related legislation and plans to launch the country's version of the "Basic Law on Digital Assets" this fall.The bill is expected to establish corresponding rules regarding stablecoin issuance, licensing for virtual asset service providers (VASP), Bitcoin ETFs, and other matters.

CryptoQuant founder and CEO Ki Young Ju stated that BTC is currently showing strong momentum. Such rebounds during a bear market typically indicate that the bottom has been confirmed.He mentioned that there may still be a pullback, but the bear market phase is essentially over.

According to Bitcoin.com, the Australian Securities and Investments Commission (ASIC) disclosed that in the fiscal year 2026, over 19,400 online scams were removed (a year-on-year increase of 182%), among which cryptocurrency investment scam platforms reached 3,106, an increase of about 30% compared to the previous fiscal year.ASIC pointed out that scam groups are heavily leveraging generative AI technology to build a systematic fraud ecosystem: by using deepfake videos of well-known figures such as Australian Prime Minister Albanese and financial commentators to promote fake cryptocurrency trading robots, while simultaneously creating counterfeit media websites, AI-generated comments, and fake profit dashboards to lure victims into continuously increasing their investments, with funds ultimately flowing to overseas criminal groups. Just from the impersonation of high-profile individuals alone, the related losses have exceeded 7.4 million Australian dollars.

The Australian Securities and Investments Commission (ASIC) announced that it has shut down multiple websites of the digital asset platform Yepbit and warned users not to trade with the platform. ASIC received reports from several investors stating that they were unable to withdraw funds from the platform. Yepbit claims to offer digital asset and futures trading services globally, including for Australian investors.ASIC stated that Yepbit fabricated the claim of "ASIC freezing funds" in order to delay investors' refund requests. Yepbit does not hold an Australian financial services license and is not registered with AUSTRAC as a virtual asset service provider. ASIC reminds investors to verify whether the platform holds a license and to exercise extreme caution with investment opportunities that cannot be verified.

According to Livecoins, Brazilian police discovered a hidden illegal Bitcoin mining operation at a recycling station during a routine inspection targeting the theft and sale of scrap metal. Approximately 15 ASIC miners and 3 servers were seized on-site, with the total value of the equipment estimated to exceed 200,000 reais (about 39,400 USD).Bitcoin mining is not illegal in Brazil itself, but these devices were illegally tapping into electricity, with local power company Cemig estimating a monthly loss of about 60,000 reais (about 11,800 USD). A 37-year-old employee of the recycling station was unable to explain the source of the equipment and did not provide an invoice, leading to his arrest on charges of theft and trafficking. The police have also filed cases against a 31-year-old man and woman responsible for the business.The police stated that they are currently investigating the flow of the mined cryptocurrency.

On July 31, the Financial Regulatory Administration, the Central Bank, the Securities Regulatory Commission, and the Ministry of Finance jointly issued the "Implementation Opinions on Improving the Governance of Financial Institutions," proposing 22 measures. It aims to establish a governance mechanism for financial institutions by 2029 that features clear boundaries of responsibilities and powers, compatible incentives and constraints, strict risk management, and standardized and efficient operations. Core measures include: strict control over shareholder access, building a "firewall" between industrial capital and financial capital, penetrating identification of major shareholders and actual controllers, and prohibiting the concealment of control rights and related relationships; strict regulation of shareholder behavior, prohibiting the transfer of benefits to shareholders and related parties; strengthening the responsibilities of directors, senior executives, and other "key minorities," and preventing the "flow of personnel with violations"; implementing lifelong accountability for major illegal and irregular behaviors; early intervention for institutions with significant governance defects; promoting the revision of important laws and regulations in the financial sector, and improving systems related to shareholder equity, corporate governance, and market exit.

According to Jinshi reports, institutions are conducting a forward-looking analysis of the voting situation at the Federal Reserve meeting. TD Securities and JPMorgan expect two hawkish dissenting votes, mainly from Harker and Logan. Commonwealth Bank of Australia and Citibank believe that one or two officials may dissent in support of a rate hike.UBS predicts that if the interest rate remains unchanged, there will likely be 8 to 10 votes in favor. Prediction markets indicate that the probability of Harker and Logan casting dissenting votes is both 58%.

According to the analysis by the crypto venture capital firm 1kx (@1kxnetwork), on-chain fees in the second quarter of this year decreased by 33% year-on-year, with DEX fees dropping by $625 million (-57%), mainly dragged down by Meteora, Raydium, and PancakeSwap, which together generated $1.5 billion in fees in the first half of last year; blockchain and MEV fees decreased by $362 million (-40%); launch platform fees fell by 57%, with Pump.fun contributing nearly half of the decline.Some sectors achieved counter-cyclical growth: perpetual contract and prediction market fees increased by 22% year-on-year, led by edgeX and Hyperliquid, with Polymarket contributing nearly $100 million in a single quarter; the lending and asset management sectors continued to grow, with Morpho, USDai, and Maple Finance each increasing by $9 million to $19 million; Canton Network added $179 million in L1 fees, but most of this was driven by incentives. Despite the overall decline in industry fees, token holder distribution returns remained stable, with Binance burn still accounting for a significant share, and protocols like Hyperliquid have incorporated buybacks and burns into their regular policies.

According to Edaily, the South Korean government will hold a forum hosted by Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok to officially launch the legislative discussion on the "Basic Law on Digital Assets (Phase Two)," focusing on the regulation of stablecoins. This forum is the first stablecoin legislative forum organized and hosted by the government. The South Korean government and the ruling Democratic Party plan to push for the passage of the bill within this year.In the economic growth strategy announced on July 14, 2026, the authorities stated that they plan to advance the legislation of the "Basic Law on Digital Assets" in the second half of the year, segment the digital asset industry, establish a regulatory framework for business conduct, and lay a legal foundation for the regulation of stablecoins.

According to Gate market data, US stock index futures opened flat on Monday.

Tether CEO Paolo Ardoino posted on the X platform that Tether's wallet development toolkit has launched a web playground feature, allowing users to test the basic functions of the wallet in their browser.

According to Etoday, the South Korean Democratic Party stated that it will restart the special task force on digital assets after completing adjustments to its internal leadership and plans to propose the "Basic Law on Digital Assets" in September, aiming to complete legislation within the year. Democratic Party member Park Min-kyu mentioned that the content of the bill and the submission time will be coordinated by the National Assembly, the presidential office, and relevant departments, with discussions expected to start as early as early September.In addition to clarifying the issuers of stablecoins, it is also necessary to improve the supporting systems for market structure, security, and regulation, and to establish a localized digital asset system that aligns with South Korea's financial regulatory environment. Furthermore, Democratic Party member Min Byeong-deok suggested developing the Korean won stablecoin as a payment and settlement tool to support the overseas development of Korean culture, business, tourism, and manufacturing.