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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 Science and Technology Innovation Board Daily cited Wind data stating that by 2026, 76 IPOs had terminated their review, with 13 from the Science and Technology Innovation Board, accounting for 17.1%. In 2025, a total of 50 IPOs were terminated, with only 3 from the Science and Technology Innovation Board, accounting for 6%. The total fundraising scale of terminated IPOs on the Science and Technology Innovation Board in 2026 was 18.248 billion yuan, nearly 5 times the 3.181 billion yuan in the same period of 2025. After entering the fourth quarter, Saikexis and Zhongke Innovation successively terminated their reviews.Among the 13 terminated projects on the Science and Technology Innovation Board, 5 were related to semiconductor and integrated circuit companies, including Wuhan Xinxin, Shanghai Xinyi, Beijing Tongmei, Taosheng Electronics, and Yadian Technology, accounting for approximately 38.5%. Beijing Tongmei was the only project that terminated during the registration phase, accepted on January 10, 2022, submitted for registration on August 1 of the same year, and terminated registration on July 2, 2026, lasting over 4 years. Wuhan Xinxin was accepted at the end of September 2024 and terminated in May 2026, queuing for nearly 600 days, intending to raise 4.8 billion yuan, accounting for about 26.3% of the total intended fundraising of the 13 terminated projects.The duration from acceptance to termination varied significantly. Huihe Medical was accepted on June 30, 2026, and terminated on September 24, taking 86 days, making it the first IPO to withdraw after being selected for on-site inspection this year. Saikexis voluntarily withdrew six months after acceptance, marking the third IPO failure in six years. Huandong Technology was accepted on November 25, 2024, and terminated on September 21, 2026, lasting about 22 months, being the first robot company to terminate an IPO this year, mainly engaged in robotic joint reducers, sponsored by GF Securities. According to the criteria of semiconductors, software equipment, hardware services, etc., there have been 37 IPO listing applications that have become invalid in the Hong Kong stock market this year, compared to 11 in the same period last year.

The Hong Kong Investor and Financial Education Committee issued a notice highlighting the risks of trading tokenized funds in the secondary market, including price discrepancies and trading risks, liquidity risks, price fragmentation risks, and reliance on market makers risks. The Committee stated that tokenized funds traded on virtual asset trading platforms may experience significant premiums or discounts compared to their net asset value.The Committee pointed out that investors should understand the investment objectives, strategies, characteristics, operations, and related investment risks of the underlying funds, as well as the tokenization arrangements, including whether transactions are ultimately settled on-chain or off-chain and the associated risks. Investors should also pay attention to trading channel information, market maker arrangements, applicable fees, potential trading suspensions, secondary market trading risks, and the options and related impacts of purchasing or redeeming tokenized fund units at net asset value.

According to a Reuters report, sources say that the United States and Canada are working to reach an agreement to ease U.S. tariffs on Canadian steel and automobile imports.

Asia Gulf Holdings (AGH), the parent company of Singapore Gulf Bank (SGB), announced the appointment of Martin Gilbert, Chairman of Revolut Group, and Maliki Osman, former Minister in the Prime Minister's Office and Second Minister for Foreign Affairs of Singapore, to the Global Advisory Council. The two will provide advice on global investment strategies and geopolitical affairs, respectively.Maliki Osman will also advise on government relations and regional cooperation, while Martin Gilbert will focus on global investment strategies, asset management, and investment opportunities in Asia and the Middle East and North Africa. The council is chaired by Amy Lee, with former Federal Reserve Vice Chairman Randal Quarles serving as vice chairman. This appointment was announced on October 26, and Maliki Osman will exit politics in May 2025.

According to Binance spot market data, the market has experienced significant fluctuations. MTL has dropped by 25.07% in the last 24 hours, and STEEM has decreased by 28.68%, showing a "high and then low" state.In addition, AIGENSYN has fallen by 15.15% in the last 24 hours, LUMIA has decreased by 7.77%, and ZKC and CTK have also reached new lows today, with declines of 7.33% and 8.49%, respectively.On the other hand, GNS and ERA have both rebounded from their lows, with increases of 5.89% and 10.64%.

According to Catcher Predict monitoring, in the Polymarket event "Steelers vs. Saints," the "Saints" option in the sub-market "1H Spread -10.5" has experienced significant fluctuations in winning probability, rising from 9.5% an hour ago to the current 30.5% (a fluctuation of 21%). Please note the impact of related breaking news.

SpaceX stated that any potential merger with Tesla must be further approved by the company's special committee, board of directors, and controlling shareholders.

Patrick Witt, the Executive Director of the White House Presidential Digital Asset Advisory Committee, announced his departure from government service to return to the private sector. He made this decision public last week, and the White House has not yet announced a new head of cryptocurrency policy, with a successor still undetermined.Previously, Harry Jung and Bo Hines had also left the committee. White House officials stated that cryptocurrency policy and the Digital Asset Market Clear Act will remain a focus of the Trump administration, but the personnel vacancies have raised concerns about the momentum of policy advancement.As the midterm elections approach next month, the administration is still advancing rule-making in the digital asset space. After the new Congress is sworn in in 2027, cryptocurrency legislation will require coordination from a White House liaison, with tax legislation expected to proceed ahead of market structure reforms; if the Democrats flip the House of Representatives, the congressional landscape may also bring new variables. Meanwhile, the rule-making efforts of agencies such as the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Office of the Comptroller of the Currency, and the Department of the Treasury will continue.

As Trump's tariff policy restricts foreign steel supplies, U.S. steel prices have risen to their highest level in over four years, with hot-rolled coil prices increasing by 52%, reaching $1,255 per short ton. This move has boosted the profits of domestic steel producers but raised costs for manufacturers.

According to the Wall Street Journal, sources say that U.S. Secretary of Commerce Gina Raimondo opposes significant cuts to tariffs on automobiles, steel, and aluminum products from Mexico, causing negotiations for the U.S.-Mexico tariff agreement to stall.

Ukrainian President Zelensky stated that Ukraine is ready to sign a ceasefire guarantee agreement.

According to Decrypt, the French National Assembly's Finance Committee passed two cryptocurrency tax amendments this week: starting from January 1, 2027, exchanges of stablecoins regulated by MiCA will be considered taxable sales; and a departure tax will be imposed on tax households relocating overseas with a total value of cryptocurrency assets exceeding 800,000 euros.The committee rejected the budget revenue portion with a vote of 31 to 3, and the full National Assembly will review the original text from the government. The aforementioned amendments will not be automatically included; supporters must reintroduce them during the debate starting on October 13, with a formal vote scheduled for October 20.The related measures have not yet become law. The stablecoin amendment was proposed by left-wing GDR party member Nicolas Sansu and 16 co-signers, applicable to electronic money tokens as defined by MiCA. The amendment does not set a new tax rate but aims to include the related revenue under France's existing unified tax system of 31.4%.The committee also passed an amendment proposed by Daniel Labaronne, allowing investors to carry forward cryptocurrency asset losses for 10 years to offset future gains. The proposed departure tax applies to taxpayers who have been French tax residents for at least 6 of the past 10 years and whose cryptocurrency assets, including custodial assets, have a total value exceeding 800,000 euros.

According to Xinhua News Agency, on October 10, the Central Committee of the Communist Party of China and the State Council recently issued opinions on developing new quality productivity. The opinions propose promoting the deep integration of the real economy and the digital economy, building a national integrated computing power network and a national blockchain network, improving the system for determining data property rights, market transactions, rights distribution, and interest protection, implementing pilot demonstrations for data elements, and optimizing the layout and operation of national data infrastructure.The opinions also propose improving an open, shared, and secure data element market, exploring mechanisms for efficient cross-border data flow, enhancing the policy system for digital industrialization and industrial digitalization, creating internationally competitive digital industry clusters, and establishing mechanisms for future industry investment growth and risk sharing, thereby strengthening long-term capital investment in cutting-edge hard technology.

According to an announcement released on the White House website on Friday, U.S. President Trump announced the establishment of a special committee to investigate allegations against Federal Reserve Board member Lisa Cook. According to the announcement dated October 7, Trump stated, "To assist me in fulfilling this duty, the committee will investigate the allegations against Board member Cook and report to me whether there is 'just cause' for her removal." This investigation will focus on assessing whether Cook meets the criteria for removal under the law, and it does not currently imply that she has been removed.

The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Quality Productive Forces," proposing to promote the deep integration of the real economy and the digital economy. The opinions emphasize improving the systems for determining data property rights, market transactions, rights distribution, and interest protection, implementing pilot demonstration projects related to data elements, optimizing the layout of national data infrastructure, promoting the digital transformation of manufacturing, and building a national integrated computing network and national blockchain network.

The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Quality Productive Forces," supporting high-quality technology enterprises to go public for financing, optimizing systems for mergers and acquisitions, equity incentives, and more for technology enterprises. The opinions also mentioned increasing the supply of financial innovation products, encouraging the development of angel investment, venture capital, and private equity investment, and improving long-term capital support policies.

OpenAI released its first report on teen usage on Wednesday, stating that teenagers use ChatGPT for an average of less than 15 minutes a day, with less than 2% using it for more than 3 hours continuously. The company noted that in conversations where break reminders appeared, nearly half of the users chose to take a break or ended the conversation within 5 minutes.OpenAI launched ChatGPT for Teens in August. This mode automatically activates based on age information or when it estimates the user is under 18, providing parental controls and limiting discussions on sensitive topics. The company stated that users of the teen version sent more education-related messages and used tools like learning visualization and Study Mode, and are considering adding learning features such as college application planning, flashcards, and quizzes.The nonprofit organization Common Sense Media reported on the same day that ChatGPT for Teens often notifies parents late or not at all when teen accounts discuss suicide, self-harm, or eating disorders. This study was based on more than a dozen accounts created for testing and found that the chatbot does not reliably suggest crisis hotlines or professional help. An OpenAI spokesperson stated that the test does not accurately reflect the actual operation of protections, and due to safety and scale reasons, the association of parents with teen accounts and safety reminders may take several hours to take effect.