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The new regulations from the Central Bank of Brazil require virtual asset service providers to meet compliance requirements related to capital, auditing, anti-money laundering, and ongoing reporting, with capital requirements reaching up to 37.2 million reais, approximately 7.2 million US dollars. Currently, among about 300 related institutions, only 20 to 25 may meet the conditions to apply for authorization, and it is expected that only 10 will obtain licenses.Some small platforms have ended or restructured their retail operations, including Bitnuvem, NovaDAX, Digitra, and Coinext, but these platforms did not attribute their decisions to the new regulations. Institutions that fail to meet the requirements will also face ongoing compliance costs, and some businesses may struggle to maintain operations. Related institutions must apply for authorization by October 30, and those that do not apply will cease operations within 30 days and notify customers.Isabel Longhi, Head of Public and Regulatory Policy for Ripple Latin America, stated that market consolidation is expected to occur as the Brazilian crypto market matures, but the new regulations will limit innovation in the short term.

The main securities exchange in South Korea will trial evening trading next Monday, extending the trading hours for almost all local stocks until 8 PM, up from the regular closing time of 3:30 PM.This adjustment is the first of its kind among major exchanges in Asia and is a step towards the Korea Exchange's goal of achieving 24-hour trading by December 2027. The new trading period will test whether the market can maintain sufficient liquidity after the extended trading hours and whether there is actual demand from investors for additional trading periods.Lee Young-jae, a senior investment manager at London-based Baillie Gifford, stated that a longer trading window can enhance investor flexibility and may attract more trading-oriented investors with higher turnover rates, as well as hedge fund participation. Edward Kim, head of Korean equity sales at Bank of America, noted that this is another step in the continuous development of South Korea's capital markets and enhancing accessibility for global investors.

Circle's euro stablecoin EURC compliant with MiCA is now live on the South Korean exchange Upbit, covering KRW, BTC, and other markets, providing Korean users with a more convenient access channel.Circle is the issuer of the US dollar stablecoin USDC, and EURC is its euro stablecoin. Upbit is one of the major cryptocurrency exchanges in South Korea.

According to Onchain Lens monitoring, a certain whale has accumulated 36,360 ZEC from Binance, OKX, Kraken, and Gate over the past 6 days, worth approximately 41.56 million USD.In the past 15 minutes, this whale has withdrawn 6,520 ZEC from Binance and Kraken, worth approximately 7.67 million USD, and the buying is still ongoing.

AI entity operation platform Motive announced the completion of a $1.3 billion financing round, with General Catalyst participating through its Customer Value Fund; specific valuation data has not yet been disclosed.In addition, the company also disclosed that it has withdrawn its previously submitted S-1 registration statement, officially abandoning its plan to list on the New York Stock Exchange.

Bitget API now fully supports CFD trading, expanding programmatic trading capabilities from cryptocurrency assets to global markets such as gold, foreign exchange, stock indices, and crude oil. Institutional clients and professional traders can directly manage CFD accounts through the API, covering core functions such as order execution, account inquiries, fund transfers, real-time market data, and risk control parameters, extending strategies into the traditional financial derivatives market within the existing API framework.This upgrade enriches the programmatic trading scenarios. Traders can incorporate factors such as macroeconomic data, Federal Reserve policies, employment and inflation data, oil prices, and stock index fluctuations into their strategy models, and configure them with different account models like ECN, STP, and Pro, obtaining a more comprehensive programmatic trading capability in global markets through a unified API framework.

The Singapore Exchange (SGX) has received authorization from the U.S. Commodity Futures Trading Commission (CFTC) under the Regulation 48.1 framework to open its Bitcoin and Ethereum perpetual contracts to U.S. institutional investors. KC Lam, Head of Crypto Derivatives at SGX Group, stated that previously U.S. participants were unable to trade these contracts, but they are now permitted direct access to its trading system.Since its launch at the end of November 2025, SGX's crypto perpetual contracts have accumulated a trading volume of $5.8 billion (approximately 400,000 lots), with an average daily trading volume of 1,300 lots ($19 million) as of August. Bitcoin accounts for 66% of open contracts and 83% of average daily trading volume, with a single-day peak trading volume of 11,500 lots (notional value of $145 million). Lam indicated that as the FIS backend integration is fully ready, they will assist U.S. clearing members in onboarding clients in the next month or two.Unlike crypto-native platforms, SGX's perpetual contracts have no expiration date but employ a margin call and collateral top-up mechanism instead of automatic liquidation, separating trading and clearing based on traditional futures market infrastructure. Stablecoins are not accepted as collateral, and the contract benchmark index is jointly developed by SGX and CoinDesk Indices. SGX's next step is to launch Bitcoin and Ethereum futures and options.

CryptoQuant analyst Woominkyu pointed out that Bitcoin closed at $78,450 on September 8, continuing the rebound momentum from around $60,000 during the summer, while there was no simultaneous surge in large deposits at spot exchanges.Data shows that on September 8, the daily inflow of the top ten spot exchanges was 5,442 BTC, which is 4.4 times that of the previous day, but only 5.1% higher than the 30-day average. The seven-day average inflow was 4,678 BTC, lower than several peaks earlier this year. From a more macro perspective, the recent price rebound has not been accompanied by an abnormal increase in large deposit activity, providing limited evidence for assessing the ongoing selling pressure from large transfers.What needs to be focused on next is whether the seven-day average inflow will continue to rise while prices weaken. For now, the deposit rebound on September 8 seems more like a return to recent norms rather than an abnormal spike.

The official account of Solana announced that the Solana Accelerate China four-city tour will be held from October 16 to 22 in Shanghai, Hangzhou, Shenzhen, and Beijing. The event is aimed at developers, entrepreneurs, and investors, featuring discussions and demonstrations, with the theme of exploring new trends in technology between China and abroad.

According to Onchain Lens monitoring, Galaxy Digital transferred 95,270 HYPE to Bybit and OKX in the past four hours, worth approximately 8.11 million USD, indicating a possible intention to sell.Among them, 36,420 HYPE was transferred to Bybit, worth about 3.1 million USD; 58,850 HYPE was transferred to OKX, worth about 5.01 million USD.

According to CriptoNoticias, as the Central Bank of Brazil advances the authorization system for virtual asset service providers (PSAV), local cryptocurrency trading platforms are facing regulatory reshuffling. Digitra, Coinext, and Bitso have recently adjusted their business layouts in Brazil.Among them, Digitra has ceased trading services and decided not to apply for PSAV authorization, effectively exiting the Brazilian market; Coinext announced it would orderly close its cryptocurrency trading business due to not meeting the minimum capital requirement; Bitso has chosen to redirect its Brazilian individual retail customers to Mercado Bitcoin while retaining its institutional business line.According to the regulations of the Central Bank of Brazil, existing platforms wishing to continue operating in compliance in Brazil after the deadline at the end of October must submit their PSAV authorization applications before then. This round of adjustments may indicate that the largest cryptocurrency market in Latin America is accelerating into a deep phase of compliance reshuffling.

The storage module manufacturer Jiangbolong (301308.SZ) today listed on the main board of the Hong Kong Stock Exchange, with the stock code 09976.HK, at an offering price of 236 Hong Kong dollars per share, forming an A+H dual listing structure.The company globally offered 26.0778 million H shares, of which 2.6078 million shares were for public offering in Hong Kong and 23.47 million shares for international offering, with an over-allotment option. Each lot consists of 50 shares, with an entry fee of approximately 12,151.32 Hong Kong dollars. Based on the highest offering price of 240.60 Hong Kong dollars, the net fundraising amount is approximately 6.02 billion Hong Kong dollars.The prospectus disclosed that in the first half of 2026, Jiangbolong achieved revenue of 24.088 billion yuan, a year-on-year increase of 136.3%, with a gross profit margin rising from 11.0% in the same period last year to 58.2%. The profit for the period was 10.718 billion yuan, compared to 0.041 billion yuan in the same period last year.

According to Dealroom, the decentralized perpetual contract exchange in Singapore, Antarctic Exchange, has completed a $7 million financing round, with a valuation of $70 million. Investors include Valisa Capital Markets, Lucidity Capital, and Republic Crypto, as well as proprietary traders who are entering the crypto asset space for the first time.The platform targets retail derivatives traders and offers tools similar to centralized exchanges. The founding team consists of former executives from OKX, Binance, and MEXC.

According to official news, Gate will launch the "Flash Exchange Advanced Season" event from September 7 at 18:00 to September 14 at 18:00 (UTC+8). During the event, users who complete at least 100 USDT of valid flash exchange transactions daily and check in for 3 days or more will be able to share a prize pool of 20,000 USDT based on the number of accumulated check-in days; if the cumulative valid flash exchange transaction volume reaches 3,000 USDT, they can also participate in the transaction volume ranking to share another prize pool of 20,000 USDT. Among them, the user ranked first with a transaction volume of 150,000 USDT can receive a maximum reward of 1,000 USDT.In addition, the Gate flash exchange exclusive gift for newcomers is ongoing. From September 3 at 16:00 to September 10 at 16:00 (UTC+8), eligible newcomers who complete their first flash exchange and reach a transaction volume of 100 USDT will receive a 20 USDT dual-currency financial experience gift, limited to the first 1,000 participants; if the cumulative valid flash exchange transaction volume reaches 300 USDT, they can receive an additional 3 USDT cash reward, limited to the first 300 participants, and the two benefits can be stacked. Currently, Gate flash exchange supports one-click conversion of over 2,400 types of crypto assets without any transaction fees.

According to Digital Asset, the National Tax Service of South Korea has issued regulations stating that even if overseas virtual asset (digital asset) exchanges go bankrupt, individuals with accounts at those exchanges must declare those accounts as overseas financial accounts. The National Tax Service stated on the 28th of last month: "Residents who open accounts with overseas virtual asset operators for the purpose of trading digital assets must declare those accounts as overseas financial accounts, even if the operators go bankrupt."In addition, it is expected that the scale of digital assets included in the overseas financial account declaration will reach 105 trillion Korean won by 2026, a decrease of 5.4% compared to 2025.