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The final rules from the Central Bank of Brazil for Virtual Asset Service Providers (VASP) set the minimum capital requirement based on business and risk at approximately 10.8 million to 37.2 million Brazilian Reais (approximately 2.11 million to 7.2 million US dollars), significantly higher than the 1 million to 3 million Brazilian Reais range (approximately 195,000 to 586,000 US dollars) in the consultation draft, and adds requirements for governance, internal controls, anti-money laundering, auditing, and ongoing reporting.Industry estimates suggest there are currently about 150 to 300 related companies, with around 20 to 25 meeting the conditions or willing to apply, and ultimately only about 10 may obtain licenses. Some small platforms have ended or restructured their retail operations.

The Bank of Korea recently reviewed the reasons for the fluctuations of the Korea Composite Stock Price Index (KOSPI) in the "Monetary and Credit Policy Report for September 2026." The report shows that as the KOSPI continues to rise, the contribution rates of Samsung Electronics and SK Hynix to the index's increase have rapidly increased.Especially during the process in June this year when the KOSPI surged from 8000 points to 9000 points, the contribution rates of these two stocks to the index's rise reached as high as 99%.

According to South Korea's "JoongAng Ilbo," China's semiconductor industry is organized through collaboration among the central government, local governments, state-owned financial institutions, and enterprises, forming a system for fundraising, factory construction, and infrastructure support. The China National Integrated Circuit Industry Investment Fund has a first phase of 138.7 billion RMB, a second phase of 204 billion RMB, and a third phase of 344 billion RMB, totaling 686.7 billion RMB, with investments in companies such as SMIC, Hua Hong Semiconductor, and Yangtze Memory Technologies.Changxin Memory, established for 10 years, has risen to fourth in global DRAM market share, with a net loss of 21.13 billion RMB over the past three years, while R&D and equipment investments during the same period reached 185.2 billion RMB, with Hefei's state-owned capital providing about 80% of the funding for early projects. South Korea's Samsung Electronics and SK Hynix are responsible for investments, employment, technology development, and support for partners. The South Korean government plans to guide 622 trillion KRW in private investment by 2047 and provide 17 trillion KRW in low-interest loans and 1.1 trillion KRW in semiconductor ecosystem funds, but most of the burden will fall on enterprises.Park Kyung-soo, Executive Vice President of the Korea Semiconductor Industry Association: The semiconductor industry will fall behind in the next upturn if investment stops; even during downturns, R&D, equipment investment, and orders for materials and components must be maintained, requiring long-term policy, financial, and tax support. China is catching up with a national-level support system, and South Korea also needs a response system involving the government, political circles, financial institutions, and enterprises to act together.

Digital bank Nu announced that it will enter the U.S. market and launch the multi-currency digital account Nu Global. Nu Global can convert funds into USDC or EURC, supports local and international remittances with no fees, and allows users to hold and trade Bitcoin and Ethereum within the app.In the coming months, the official plan is to include Brazil, Colombia, Mexico, and the United States in its service coverage.

Market news reports that informed sources indicate that SoftBank Group has secured a loan of $11.87 billion to support its investment in OpenAI, an increase from the previous target of $10 billion.

Coinbase CEO Brian Armstrong stated, "Community banks will have stronger competitiveness and opportunities to win the market if they adopt stablecoins. Coinbase is collaborating with Moov to help over 1,000 community banks integrate stablecoin-related capabilities into their existing systems. This will bring faster settlement speeds, lower costs, and real-time access to funds. The discussions in Washington regarding stablecoins and community banks overlook the most important point: stablecoins are an opportunity."

According to the Nikkei, SWIFT has launched a pilot project in collaboration with 17 banks including Citigroup, Mitsubishi UFJ, Wells Fargo, Bank of New York Mellon, UBS, and BNP Paribas to test tokenized deposit cross-border payments.The goal of this pilot is to achieve 24/7 instant transfers between different banks and reduce the cost of cross-border payments.

Geoff Kendrick, the Global Head of Digital Asset Research at Standard Chartered, stated in a research report that SKY could reach $0.325 by the end of 2028, which is five times the benchmark price of $0.065 set in the report. The bank expects that the price increase of SKY will roughly synchronize with ETH and outperform Bitcoin before the end of 2028.Sky is a decentralized finance platform that will adopt its current name in 2024 and launch USDS and the governance token SKY. Since September 2024, Sky's agency has borrowed $5.9 billion USDS; the supply of USDS reached $10.04 billion in June, a year-on-year increase of 96.9%, down from $11.14 billion in May. Standard Chartered stated that further growth in USDS supply will drive protocol revenue and increase distributions to token holders, while staking rewards and a token buyback mechanism will be used to distribute value to SKY holders. The bank expects that the value distributed to holders will at least double in the next 12 months and noted that the slower-than-expected growth of yield-bearing stablecoins is a major risk to SKY's outlook.

The central banks of the United States, Japan, and the United Kingdom will announce their monetary policy decisions this week, with the market focusing on whether the Federal Reserve will initiate its first interest rate hike in three years.Iran and Gulf countries are negotiating shipping management in the Strait of Hormuz to address high crude oil prices.

According to a report by Decrypt, a new report released by the Bank for International Settlements shows that advanced AI technology has shortened the time window for banks to fix vulnerabilities before attackers exploit software flaws. It warns that periodic security assessments and scheduled patch updates have increasingly become insufficient to meet the challenges, with the time window from vulnerability discovery to exploitation reduced from weeks to minutes.The report focuses on the banks' response capabilities, arguing that financial institutions must accelerate the speed of software fixes and expedite the related authorization decision-making processes.

According to Bloomberg, citing informed sources, Italy's second-largest bank, UniCredit, is considering expanding its digital asset services, including cryptocurrency custody. Headquartered in Milan, UniCredit is selecting technology providers to build the infrastructure needed to hold digital assets and support their buying and selling.The report states that tokenized investment products, fixed-income securities, the use of stablecoins, and exposure to cryptocurrencies are all under consideration. Meanwhile, other banks in Europe are also expanding their crypto services: Spain's BBVA has launched Bitcoin trading and custody for all customers through its app, and Santander's Openbank has also introduced trading services; Germany's Deutsche Bank is collaborating with Bitpanda's technology department to build a custody business.The EU's Markets in Crypto-Assets Regulation (MiCA) provides a legal definition, regulatory bodies, and a familiar obligation framework for banks to launch crypto services. Additionally, UniCredit is one of 37 banks from 15 European countries that are jointly creating a company called Qivalis, aimed at issuing a euro stablecoin. Last year, the bank also offered structured products linked to the BlackRock iShares Bitcoin Trust ETF to professional clients, providing full loss protection.

According to Bloomberg, U.S. regulators released a statement on Friday announcing a proposed guideline on third-party risk management for banks. The Federal Reserve, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration stated that the proposal aims to help banks and credit unions "better align and customize their third-party risk management practices to match the risks of various third-party relationships."Federal Reserve staff indicated in a memorandum that as this plan is introduced, banks are increasingly outsourcing certain functions and relying on third-party relationships to improve efficiency and reduce costs. The plan will be open for public comment, is non-binding, and aims to focus institutions' regulatory attention on a principles-based approach to such risks. Federal Reserve Governor Barr opposed the proposal, citing concerns about the standards for "significant financial risks."

The Central Bank of Russia and the Reserve Bank of India are collaborating to establish a mechanism for settling bilateral trade using digital currencies to improve the efficiency of cross-border payments. Russia has launched the digital ruble, and India's digital currency is also used for government projects.Both parties will discuss digital currency trade settlement with BRICS countries at the summit in New Delhi.

According to Bloomberg, Italian bank UniCredit SpA is considering expanding its digital asset-related services, including the early-stage development of digital asset custody and brokerage capabilities.Insiders say the bank is screening technology providers to build infrastructure for holding digital assets and supporting buy and sell transactions.

Former senior officials of the Bank of Japan warned that U.S. Treasury Secretary Janet Yellen's "unusual" intervention in Japan's monetary affairs could undermine the credibility of the Bank of Japan and trigger greater volatility in global markets.Markets expect the Bank of Japan to raise interest rates by 25 basis points at next week's meeting. Yellen claimed to have insider information about the intentions of the Bank of Japan, and Finance Minister Shunichi Suzuki stated that her remarks were "a bit frightening."

The Danish central bank, Danmarks Nationalbank, stated that the current usage rate of stablecoins in Denmark is very low and does not pose an immediate threat to domestic financial stability. However, the rapid growth of dollar-pegged stablecoins globally may expose Denmark to indirect financial market volatility and liquidity risks. Currently, there are no stablecoins denominated in Danish kroner in circulation, and the use of stablecoins by consumers and businesses is quite limited.As commercial banks, financial institutions, and payment applications connect to stablecoin infrastructure, the scale of related usage may change. USDT and USDC dominate the global stablecoin market, and turmoil in the overseas stablecoin market could transmit to Denmark through global liquidity channels and the U.S. financial system. Danmarks Nationalbank is collaborating with the European Central Bank (ECB) to ensure that central bank money continues to serve as the primary settlement asset for interbank transactions.

In August, Japan's corporate goods prices rose more than expected, supporting the Bank of Japan's continued interest rate hikes to curb inflation risks. Data shows that in August, corporate input prices increased by 7.6% year-on-year, higher than the expected 7.4%.Market expectations are that the Bank of Japan will raise the benchmark interest rate by 25 basis points to 1.25% on September 18.

The Bank of Italy (Banca d'Italia) issued a notice requiring payment service providers (PSPs) and crypto asset service providers (CASPs) to continuously use procedures related to the travel rule to review financial transactions, without setting a minimum amount threshold.Relevant institutions must verify the names of the initiator and beneficiary when establishing customer relationships, when the European Council makes decisions, and at the time of each transaction, and compare them with the lists of sanctioned individuals and entities. Automated systems must not set a minimum amount threshold for transaction reviews, and transfer delays may be accepted if necessary to enhance sanctions screening.

According to CoinDesk, London challenger bank Monument Bank has postponed its £250 million (approximately $330 million) project to tokenize UK retail bank deposits for several months, as the bank has been unable to find a local crypto custodian that meets the Financial Conduct Authority (FCA) standards and can handle zero-knowledge privacy proofs.Mintoo Bhandari, founder of Monument Bank, stated that the bank originally planned to tokenize customer deposits on the privacy public chain Midnight, hoping to launch the world's first tokenized deposits two months ago, but it is now expected to take another two months, with a retail customer launch in November. To meet regulatory requirements, the bank expanded its search for custodial partners to overseas, ultimately finding a Canadian custodian approved by the FCA.Midnight is a privacy-first Layer 1 blockchain project funded by Charles Hoskinson, which keeps customer information within the Monument system through zero-knowledge proofs while allowing the bank to prove compliance on-chain and provide audit records to regulators. Monument Bank announced the project in March this year, planning to offer tokenized private equity, structured products, and automated Lombard loans to "mass affluent" customers with investable assets ranging from £50,000 to £5 million.Bhandari stated that customer deposits will continue to earn interest, fully backed by Monument, and can be exchanged at a 1:1 ratio for pounds, protected by the Financial Services Compensation Scheme (FSCS), with a limit of £120,000 per person or company.

According to CoinDesk, after the bankruptcy of Bitcoin ATM operator Bitcoin Depot, about a quarter of its more than 9,200 self-service terminals have been sold. The publicly traded digital asset infrastructure company Bitcoin Bancorp (BCBC) won 2,547 of these ATMs for $620,750 and additionally paid $110,500 to acquire related site agreements, intellectual property, trademarks, patents, and the BitcoinDepot.com domain name.Bitcoin Depot filed for Chapter 11 bankruptcy protection in May of this year, after its first-quarter revenue fell 49% year-over-year, with profits turning from a $12.2 million gain to a $9.5 million loss. In its last complete financial report before bankruptcy (fourth quarter of 2025), the company valued all properties and equipment (of which 98% were self-service terminals) at over $26 million.Bitcoin Bancorp, headquartered in Las Vegas and formerly known as Bullet Blockchain, trades at $0.04 on the OTC Markets, with a market capitalization of about $18.5 million, far below Bitcoin Depot's peak of about $400 million when it was listed on Nasdaq. The company stated that the remaining deliveries are expected to be completed in the next quarter. Data shows that losses from crypto ATM scams reached $389 million in 2025, a year-on-year increase of 58%. The UK's FCA has announced that crypto ATMs are illegal, and regulators in countries such as Australia and Canada have also intensified their crackdowns.