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Android Authority reported on October 27 that it discovered a developing Overseas QR payments setting in Google Wallet version 26.42.1003171897. The "Learn more" link within this setting points to the Google Wallet support page, where this feature is referred to as Traveler QR.Google explains on the support page that relevant options will automatically appear when the phone detects that the user is in a covered area. Currently, the only explicitly named destination on the page is Singapore, corresponding to the Alipay+ partner network. Android Authority notes that Alipay is primarily used in China, while Alipay+ connects various payment systems across Southeast Asia. This discovery comes from the disassembly of the application installation package, and the features that appear in the disassembly may not necessarily make it into the public version. There has also been no official announcement regarding the release of Traveler QR yet.

According to Decrypt, James Comer, the Chairman of the House Oversight Committee (Republican from Kentucky), has launched an investigation into a proposed company entity in Delaware that would be operated daily by AI entities.In a letter to Delaware Governor Matt Meyer, Comer stated that the proposed "Artificial Intelligence Company" (AIC) could exempt AI companies and their investors from liability for damages caused by AI entities, and he requested the governor to submit relevant documents and communications, including "internal AI chat logs," by November 9.The proposal was announced in July in a joint article in Fortune by Delaware Secretary of State Charuni Patibanda-Sanchez and Norm Ai CEO John Nay, positioning it as a public-private partnership led by Norm Ai.By design, the AIC could sue and be sued, hold property, and assume obligations under the direction of AI entities; its sole member must maintain sufficient capital and is not liable for the company's debts except in cases of incomplete capitalization, fraud, or willful misconduct. The AIC can only operate within a regulatory sandbox for 30 months, must disclose its identity to counterparties, and is prohibited from conducting banking activities.Comer also questioned the role of private sector participants in the proposal, stating that the Delaware AI Commission's report due in December 2025 did not mention a security risk assessment or consult independent experts, and the Secretary of State's office refused to clarify its relationship with an AI company involved in the project.He stated that this information could inform federal legislation, including proposals to limit state-level AI regulatory initiatives. The Secretary of State's office denied that the plan is a liability waiver arrangement, and Governor Meyer defended it, with state legislators expected to review the legislative proposal in January.

The funding scale of the Zcash development grant program continues to expand, with the current net funding estimated at approximately 125 million USD, far exceeding current expenditure needs. Sean Bowe, co-founder of Zcash and current head of Tachyon, has proposed a draft suggesting the termination of the current 8% block reward allocated to ZCG in a future network upgrade.There are currently four proposals in the community regarding the development funding mechanism, which involve terminating ZCG grants, canceling the entire development fund grant mechanism, or gradually reducing the grant proportion to zero. Supporters believe that the current mechanism allows funds to accumulate as the price of ZEC rises, but ZCG is not directly controlled by holders; opponents worry that cutting development funds without alternative solutions may impact the subsequent development and maintenance of the protocol. All proposals are still in the discussion stage and have not yet been finalized.

According to informed sources, the expanded $25 billion stock issuance by Meta Platforms (META.O) received approximately five times the demand for the available shares. The company plans to raise $98 billion for expenditures in the field of artificial intelligence.Informed sources indicated that more than half of the shares in this common stock issuance were allocated to long-term investors and existing shareholders. Among them, the top 15 investors by subscription size collectively received about 70% of the issued shares. The issuance was priced at $625 per share, which is a 2.7% discount compared to the closing price last Friday before the issuance announcement.On Tuesday, Meta's stock price fell by 1.4% at one point in the New York market, reaching $621.47 per share. This stock issuance is just part of Meta's financing plan. The plan also includes the issuance of $12.5 billion in mandatory convertible preferred stock, as well as a planned market-priced stock issuance. If the final fundraising amount reaches $98 billion, it will become one of the largest equity financing plans in history.

The issue surrounding the military version of the "Starlink" satellite communication system within Ukraine has led to differing opinions from the United States, Ukraine, and SpaceX. Ukrainian President Zelensky stated that the Ukrainian military faces speed limits when using "Starlink," while U.S. President Trump claimed he was unaware and stated that the speed limits had been lifted. SpaceX CEO Musk indicated that any restrictions are determined by the U.S. military and ultimately depend on the U.S. President.

U.S. President Trump will emphasize his administration's actions against overseas cryptocurrency fraud at a cybercrime prevention event at the White House on Wednesday. According to Reuters citing White House officials, these overseas criminal networks lure Americans into participating in fraudulent cryptocurrency investments. Trump and cabinet members plan to point out that the government has shut down multiple fraudulent cryptocurrency investment websites and is working to close down online impersonation scams. Secretary of Homeland Security Markwayne Mullin, FBI Director Kash Patel, Secretary of Defense Pete Hegseth, and Attorney General Todd Blanche are expected to attend.The event follows an executive order from March this year, where Trump instructed the Department of Justice to prioritize identifying and prosecuting cyber fraudsters, followed by a memorandum requiring the Department of Homeland Security to collaborate with private companies to monitor foreign criminal hacker organizations. FBI data shows that in 2025, over 1 million cyber fraud complaints were submitted by the American public, a 17% increase from 2024, with record losses. Cryptocurrency fraud accounted for more than half of the losses, with the FBI's Internet Crime Complaint Center recording 181,565 cryptocurrency-related complaints, resulting in losses of $11.366 billion, with cryptocurrency investment fraud causing $7.2 billion in losses.Most of the fraud activities trace back to organized crime groups in Southeast Asia, involving Cambodia, Laos, and Myanmar, where criminals exploit trafficking victims as forced labor in scam operations. Americans aged 60 and above bear the heaviest losses, with cryptocurrency-related losses reaching $4.43 billion. Cryptocurrency ATM fraud caused losses of $389 million, a 58% increase from 2024; secondary scams targeting previous victims caused an additional $1.4 billion in losses. The FBI's "Operation Upgrade" notified 3,780 victims suffering from cryptocurrency investment fraud in 2025, estimated to recover $225.8 million.

According to data from the Gate platform, the South Korean KOSPI index rose by about 3.83% in the early morning session today, quickly breaking through 5,750 points after the opening. The semiconductor and electronics giants performed strongly, leading the gains and becoming the main force driving the index rebound.Currently, Samsung Electronics (005930) is up 6.61%; SK Hynix (000660) is up 6.21%; Samsung Electro-Mechanics (009150) is up 3.03%. The main reasons for this round of increase are the capital replenishment after the sharp decline the day before and the positive driver of a 222.5% year-on-year increase in semiconductor exports in South Korea before October 20, with the market's expectations for AI server and storage demand rising again.

On October 19, Wu Qing, Chairman of the China Securities Regulatory Commission, stated at the opening ceremony of the 2026 Financial Street Forum Annual Conference that they will adhere to a steady approach, fully maintain the safety and stability of the capital market, closely monitor domestic and international market dynamics, and strengthen risk assessment and policy tool reserves.Wu Qing also stated that they will consolidate and improve the mechanisms for stabilizing the market, focus on strengthening the prevention of risks in new types of businesses, remain highly vigilant against new risk points such as leveraged products linked to A-shares from abroad, and continuously build a solid risk defense wall for the capital market.

Lily Liu, the chair of the Solana Foundation, stated in a post on October 16 that they showcased Solana on a large screen because of their deep affection for the Chinese community and gratitude for the warm welcome from the Chinese community. The display refers to the light show on the entire exterior wall of the Citibank building in Lujiazui, Shanghai on the evening of October 14.She mentioned that due to the publicity, the number of registrations for the Solana Shanghai event quadrupled overnight, far exceeding the limit reported to local government departments, and it could not prevent people from flooding the venue. To comply with local requirements, the event will be postponed and will be held when it can better accommodate the size of the community. She apologized to those who came from near and far wanting to participate in the Shanghai Solana event.

According to official social media news, Huobi HTX will hold a debate themed "Should Stablecoins Pay Interest?" today at 20:00 (UTC+8). At that time, Cong Ge and George, as the affirmative representatives, will engage in dialogue with the negative representatives Mo Cheng and Wang Fugui. Both sides will clash on core topics such as the functional positioning of stablecoins, income distribution mechanisms, potential risks, and industry development, exploring the potential impact of stablecoin interest payment mechanisms on user rights, market competition, and the development of the stablecoin ecosystem.Reserve the live broadcast: https://www.htx.net.in/zh-cn/live/detail/h5?id=121522&invite_code=gui6e223&inviter_id=11351630

According to South Korean media Sedaily, South Korea plans to start taxing cryptocurrency in January next year, but there are still several loopholes in the tax infrastructure. The head of the National Tax Service, Lim Kwang-hyun, stated during a parliamentary audit that preparations are being made for the smooth implementation of the tax, but activities such as transfers between private wallets and trading on overseas platforms are still difficult to track comprehensively.Even with the introduction of the Crypto Asset Reporting Framework (CARF), it is challenging to cover all transactions. It is reported that the Bank of Korea also exposed related regulatory blind spots during a previous parliamentary audit.

AMC's CEO Adam Aron posted again on the X platform, stating that Robinhood claims to support the new regulations formulated by the U.S. Securities and Exchange Commission regarding the tokenization of U.S. stocks and demands that Robinhood clarify whether its international business will adhere to the same principles proposed by the SEC.Adam Aron stated that if Robinhood's offshore operations in Jersey do not follow the relevant principles, it will become a distortion and mockery of the correct practices required by the SEC. In the original text, he repeatedly stated "shame, shame, shame," questioning Robinhood's refusal to respond directly to the relevant issues.

According to South Korean media Dailian, the Digital Asset Exchange Alliance (DAXA) has released the "2026 Digital Asset Policy Compilation." Professor Zhao Zaiyu from Hanyang University pointed out that since the ICO ban in 2017, domestic cryptocurrency projects in South Korea have continuously moved their issuance entities and business foundations overseas due to regulatory gaps. The token issuance of Klaytn is handled by a Singaporean entity, and Wemade's WEMIX is also issued by a Singaporean entity. Subsequently, Metabora moved to Dubai, and NeoFin relocated its foundation to Abu Dhabi, with the trend of industry outflow continuing to intensify.Experts indicate that the core obstacles are the regulatory gaps between domestic and foreign issuers and the difficulties in opening corporate bank accounts. They emphasize that "what Korea needs is not looser regulations, but clearer rules," calling for the Digital Asset Basic Law to clarify the licensing standards for issuance, custody, verification, and other business activities, and to establish special procedures for the return of core functions from overseas to the domestic market.

Drift Foundation has explained the compensation plan following the hacking of the protocol: for every 1 USDT lost, users can receive 1 DFX token, and the redemption amount depends on the recovery pool balance, which currently only covers about 1% of the total claims;Tether has committed to providing up to 127.5 million USDT to support the protocol restart and user compensation, with the funds being linked to the net protocol revenue of Velocity and not disbursed in a lump sum; the claims deadline is January 1, 2028, and users can choose to hold DFX or trade on secondary markets like Raydium, with the only official link being dfx.drift.trade.

The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing it of exceeding its statutory authority when issuing national trust bank charters to cryptocurrency companies. The ICBA stated that the OCC is implementing "broad new powers not authorized by the National Bank Act," allowing these companies to enter the U.S. banking system without being subject to the same level of regulatory oversight as community banks, putting small banks at a "serious competitive disadvantage."The ICBA is one of the largest banking advocacy organizations in the United States, primarily representing small institutions. Last month, the organization strongly opposed the Digital Asset Market Structure Bill, which failed to advance in the U.S. Senate, arguing that its stablecoin provisions did not protect community banks from direct competition for deposit accounts. ICBA President and CEO Rebeca Romero Rainey stated that Congress did not establish the national trust charter to provide a "backdoor" for cryptocurrency companies seeking to enter the banking system with the credibility of a federal bank charter, as these companies do not bear the same obligations regarding capital, liquidity, regulation, and Federal Deposit Insurance Corporation (FDIC) insurance requirements. An OCC spokesperson responded to CoinDesk that the agency does not comment on ongoing litigation.Recently, the OCC has continued to issue trust charters to cryptocurrency companies, but these companies' business models differ from those of typical community banks and do not offer cash deposit accounts that require FDIC insurance. Approved institutions include cryptocurrency banks Protego and Erebor, as well as existing cryptocurrency firms like Coinbase, Circle, and Crypto.com.

Meta Platforms Oversight Board calls for independent oversight of AI companies.

The White House announced the establishment of an independent committee responsible for overseeing the implementation of the artificial intelligence agreement and receiving reports from the operational control team as well as internal and external auditors and evaluators.

According to CNBC, James Comer, the chairman of the House Oversight Committee and a Republican Congressman from Kentucky, is expanding the investigation into insider trading in prediction markets and is requesting three online platforms to explain their measures to combat related activities.In a letter sent on Tuesday, Comer requested documents and information from the CEOs of Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc., which owns the PredictIt platform, asking them to clarify their identity verification procedures and how they identify and prevent insider trading on their platforms.Comer stated, "As online prediction platforms continue to evolve and become more mainstream, some bad actors are betting using non-public information, making thousands of dollars. The House Oversight Committee is investigating whether these platforms are fulfilling their legal obligations and taking sufficient measures to identify and prevent insider trading before it occurs."

AMC CEO Adam Aron posted on the X platform again naming Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher. He stated that Robinhood had previously expressed support for the U.S. Securities and Exchange Commission (SEC) regarding the tokenization of U.S. stocks, believing that tokenized stocks should have voting rights and that companies should have the option to opt-out.Adam Aron also pointed out that it would be very "hypocritical" if Robinhood did not apply the same principles in its overseas operations, and he urged them not to go against the SEC's stance, "do not openly disrespect and provoke the SEC."