amendment

Strategy founder and chairman Michael Saylor posted that MSTR shareholders have approved the daily dividend amendment, with preliminary results showing 99.3% voting in favor. This amendment allows the four preferred stocks STRF, STRC, STRK, and STRD to accrue dividends on a daily basis.After the new regulations are implemented, every calendar day will be a dividend record date, and dividends will be paid on the next business day. The first record date and payment date for STRC are November 1 and November 2, respectively. The first record date and payment date for STRF, STRK, and STRD are January 1 and January 4 of next year, respectively.

According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Cryptex Digital Market Cap ETF submitted its sixth pre-effective S-1 amendment on October 23, intending to list on NASDAQ under the trading code "BAGZ," with Cryptex Finance as the sponsor.The fund plans to directly hold a variety of crypto assets, constructing a portfolio based on the components and weights of the Cryptex Digital Market Cap Index, and rebalancing in accordance with the index. Assets listed in the document that may initially account for 5% or more of the fund's net asset value include BTC, ETH, XRP, HYPE, DOGE, SHIB, ADA, and CTX, with specific composition and weights subject to change over time. This submission is part of a registration application update and does not represent that the SEC has approved the product or that it has begun trading.

According to local media Digital Asset in South Korea, the South Korean government and central bank are promoting amendments to the country's foreign exchange market law to regulate stablecoins as a payment tool.South Korea is currently formulating the "Basic Law on Digital Assets," which will establish an exchange licensing system and formulate rules for the issuance of stablecoins.

On Friday, the French National Assembly passed Amendment I-3898 with 38 votes in favor, 37 against, and 25 abstentions, proposing to tax certain cryptocurrency exchanges for stablecoin transactions. If the relevant provisions are approved, they are expected to take effect from 2027. This measure will change the way capital gains tax on cryptocurrencies is calculated, meaning that when investors exchange Bitcoin or other cryptocurrencies for stablecoins, the related gains may trigger taxation even if they have not been converted into fiat currency.The French National Assembly is scheduled to vote on the first part of the "2027 Finance Bill" on Tuesday. A proposal to carry forward realized cryptocurrency losses for 10 years was rejected by the assembly on Friday with 18 votes in favor, 75 against, and 3 abstentions. French lawmakers are also reviewing two cryptocurrency tax proposals: I-CF1822 aims to expand the exit tax to unrealized gains, applicable to taxpayers whose total cryptocurrency portfolio value exceeds 800,000 euros and who move their residence out of France; I-2701 proposes to require the declaration of holdings from self-custody wallets, with a threshold of total value exceeding 100,000 euros for the relevant tax year. Both proposals are still under review as of Monday.

The XRP Ledger vulnerability fix package named fixCleanup3_4_0 is expected to officially take effect around 09:34 UTC on October 23. This fix package has received votes from 29 validators, surpassing the threshold of over 80% approval among the network's default 35 validators, and must be maintained continuously for two weeks. The countdown has been ongoing for nine days. Since there is no margin in the vote count, if any validator withdraws support, the countdown will restart.This fix package partially addresses the unsecured lending system that Ripple has been promoting to banks and payment companies since June, but this system has not yet been activated. Currently, the lending amendment has only 19 votes, and the vault amendment for holding funds has 21 votes, neither of which has started the countdown. Therefore, even if both reach 29 votes today, the lending function will not be available until early November at the earliest.As designed, lenders will deposit XRP or other tokens into the vault, and loan brokers will then lend out the funds for a fixed term. The ledger is responsible for recording the loans and tracking repayments, while brokers assess the borrower's qualifications off-chain. Since borrowers do not need to provide collateral, the broker's judgment becomes the only guarantee for lenders against default losses. Ripple has promoted this scheme to payment companies that need liquidity during cross-border settlement. Additionally, the fix package also closes a vulnerability that allowed accounts authorized to destroy tokens to create new tokens under specific conditions and adjusts the rounding of vault amounts as well as the rules for determining loan overdue and default.

According to The Defiant, the French National Assembly passed an amendment during the review of the 2027 budget proposal with 38 votes in favor and 37 votes against, aiming to eliminate the tax deferral treatment enjoyed when converting certain crypto assets into a single fiat-pegged stablecoin starting from January 1, 2027.A total of 100 members participated in the voting, with 75 votes counted as valid.

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 Journal du Coin, France's 2027 budget bill was submitted to the National Assembly on October 1, and the Finance Committee began voting on ten cryptocurrency amendments starting October 7. As of October 8, three have been approved: the inclusion of stablecoin exchanges as taxable events (effective January 1, 2027), a departure tax applicable to crypto assets exceeding 800,000 euros, and the ability to defer crypto losses for ten years; a proposal to expand the personal wealth tax to include crypto assets was rejected; a tax reduction amendment submitted by Paul Midy was ruled invalid for violating Article 40 of the Constitution (which prohibits reducing public revenue).In addition, the EU DAC8 directive will require platforms to collect user identity and transaction data starting January 1, 2026, and will report to tax authorities for the first time by June 15, 2027, taking effect without a parliamentary vote. Another proposal aims to require reporting for self-custody wallets valued over 100,000 euros, with a maximum fine of 10,000 euros for non-compliance. The aforementioned amendments have not yet become law, and the full assembly will review them from October 13 to 19, with the final vote scheduled for November 17.

According to a press release from the Hong Kong Special Administrative Region Government, the Secretary for Financial Services and the Treasury, Christopher Hui, attended a policy briefing by the Legislative Council's Financial Affairs Committee. He stated that a bill to establish a licensing system for virtual asset trading, custody, advisory, and management services will be submitted within this year as part of Hong Kong's first five-year plan concerning financial services and the Treasury.In addition, the Hong Kong Central Clearing and Settlement System for gold will officially launch in the first quarter of next year, and the Hong Kong Stock Exchange will announce details of a new gold futures contract priced in Renminbi and settled in physical gold within this year.

According to Cointelegraph, ESMA submitted a proposal to the European Commission to amend MiCA, aiming to establish a new category of regulated crypto services for companies providing access to DeFi protocols, while also strengthening regulatory requirements for staking, crypto lending, and non-compliant stablecoin-related services.

According to The Block, the UK Treasury has submitted amendments to cryptocurrency regulations, including exemptions for certain stablecoin transactions, custody arrangements, and technical services related to DeFi protocols, which require parliamentary approval.Katie Harries, Coinbase's Head of European Policy, welcomed these changes but noted that regulated exchanges still face barriers in seeking access to DeFi.

According to The Block, Grayscale submitted its fifth amendment application to the U.S. Securities and Exchange Commission (SEC) on August 21, further advancing its plans for the listing of the Zcash ETF. The latest application indicates that the product will officially be renamed "The Zcash ETF," with an annual management fee set at 2.5%, and plans to list on the New York Stock Exchange Arca under the code "ZCH," with Coinbase Custody Trust Company as the custodian and BNY Mellon as the transfer agent.This ETF will be converted from Grayscale's existing Zcash trust, which has been operating since 2017 and currently has assets under management exceeding $260 million. In the previous fourth amendment application, a subsidiary of Grayscale's parent company, Digital Currency Group, had negotiated to inject approximately 200,000 ZEC into the fund.

Grayscale submitted the fourth amendment to the registration statement for the Grayscale Zcash Trust (ZEC) to the SEC, intending to list the trust on the NYSE Arca market under the ticker ZCSH.After listing, authorized participants can continuously purchase and redeem trust shares, whereas previously the trust only supported trading on the over-the-counter market (OTCQX) and did not allow redemptions. As of June 30, 2026, the trust holds approximately 2.3% of the circulating supply of ZEC, with a NAV of about $155.2 million.In addition, a subsidiary of Grayscale's parent company DCG is in talks to purchase trust shares with approximately 200,000 ZEC, but no binding agreement has been formed yet.

According to CoinPost, the Japanese Senate plenary session today passed and established the "Amendment to the Financial Instruments and Exchange Act and the Fund Settlement Act," redefining crypto assets from a means of payment to financial products. Key revisions include: the renaming of crypto asset exchange operators to crypto asset trading operators, increasing the maximum prison term for unregistered sales from under 3 years to under 10 years, and raising fines from under 3 million yen to under 10 million yen; the introduction of regulations against insider trading in crypto assets for the first time, prohibiting trading based on undisclosed important information; and requiring specific crypto asset issuers to disclose information regularly every year.In terms of taxation, it shifts from a maximum comprehensive tax rate of 55% to a separate declaration tax (approximately 20%), allowing losses to be carried forward for 3 years, expected to be implemented from January 1, 2028. The bill also provides a framework for the establishment of crypto asset ETFs, with the Japan Exchange Group expected to promote ETF listings around 2027. After the bill's passage, the next focus will shift to the formulation of specific rules such as government orders and supervisory guidelines, including reserve levels and derivative leverage limits. Compliance costs may pose pressure on small and medium-sized exchanges, but the entry opportunities for asset management companies and banking insurance institutions will expand.

According to CoinDesk, the new version of the XRP Ledger server software v3.2.0 has been launched, aiming to reduce operational costs, enhance stability, and increase appeal to institutional users. Currently, about 43% of the approximately 833 active nodes are running the new version, while 51% are still using the old version v3.1.3. However, about 89% of the 35 validators in the default UNL have upgraded, reaching the required 80% threshold for activation.The security amendment fixCleanup3_2_0 associated with the software upgrade is still under independent voting, covering fixes and improvements for single-asset vaults, permissioned DEX, multi-purpose tokens, and lending protocols, with current support far below the software adoption rate. Ripple has voted in favor of this amendment, and validators that do not upgrade before the amendment is activated may face the risk of being cut off from the Ledger.

According to Caixin, the "People's Bank of China Law (Revised Draft)" was submitted for the first review at the 23rd meeting of the Standing Committee of the 14th National People's Congress on June 23, 2026. Among the new proposals, "clarifying the legal status of digital renminbi" is a new term. The 2020 consultation draft only mentioned that "renminbi includes both physical and digital forms." Previous consultation drafts also stipulated that no unit or individual may produce or sell token vouchers and digital tokens to replace renminbi in circulation in the market. The People's Bank of China shall order the cessation of illegal activities, destroy illegally produced and sold token vouchers and digital tokens, confiscate illegal gains, and impose fines of up to five times the illegal amount.

According to Cointelegraph, three major crypto lobbying organizations—the Blockchain Association, the Crypto Innovation Council, and the Digital Chamber of Commerce—jointly wrote to the U.S. Congress, requesting the unaltered passage of the "Mining and Staking Tax Clarity Act" without further amendments. The bill allows miners and stakers to choose to pay taxes either when they receive crypto rewards or when they sell their assets, aiming to address liquidity issues caused by "taxation on phantom income."Democratic Congressman Steven Horsford proposed an amendment to limit the deferral of crypto reward taxes to five years, but the CEO of the Crypto Innovation Council stated that the amendment would "undermine" the bill and only generate "negligible revenue." The American Bankers Association opposes the bill, claiming it gives cryptocurrencies a "significant advantage," while crypto lobbying groups believe that renegotiating the already reached compromise will "revive the issues the bill aims to resolve."

Bloomberg ETF analyst Eric Balchunas revealed that BlackRock has submitted the fourth and possibly final S-1 amendment for its new product, the "iShares Bitcoin Premium Income ETF (BITA)," and disclosed for the first time that the management fee rate is 0.65%, which is higher than that of products like the spot Bitcoin ETF IBIT.BITA is expected to provide investors with an income enhancement strategy by holding Bitcoin exposure and selling call options, and it is anticipated that BITA will be approved for listing soon.

According to the official announcement, the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority have published a joint consultation summary regarding the amendments to the over-the-counter derivatives trading regulations under the Clearing Rules. In light of the broad market support, the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority will proceed with the legislative process to introduce the proposed amendments to the Clearing Rules, with plans to implement the relevant amendments starting from March 1, 2027 (the proposed start date for the new calculation period).

Bloomberg ETF analyst James Seyffart posted on platform X that Grayscale has submitted its third version of the BNB ETF S-1 amendment to the U.S. Securities and Exchange Commission (SEC), with the code GBNB, and the fees have not yet been announced.