1. Trump is actively searching for the next Federal Reserve Chair with the Treasury Secretary.
On August 3, the Director of the U.S. White House National Economic Council, Kevin Hassett, stated that President Trump is actively searching for candidates for the next Federal Reserve Chair. - Original text
2. CFTC and SEC jointly launch a plan to advance Trump's vision of a crypto golden age.
Caroline Pham, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), announced the launch of the 'Crypto Sprint' initiative, which will closely collaborate with SEC Commissioner Paul Atkins and Hester Peirce to advance the SEC's Project Crypto, achieving President Trump's promise of a 'crypto golden age'. - Original text
3. The digital asset business of Hong Kong banks is rapidly growing, with a transaction volume reaching HKD 26.1 billion.
The President of the Hong Kong Monetary Authority, Eddie Yue, published an article titled 'Hong Kong Wealth Management Market: Opportunities and Prospects'. The article mentions that Hong Kong banks are experiencing rapid growth in digital asset businesses. Following the introduction of relevant regulatory guidelines, more banks are expanding into the sale of digital asset-related products and tokenized assets, as well as digital asset custody services. As of mid-July 2025, 22 banks have been authorized to sell digital asset-related products, 13 banks to sell tokenized securities, and five banks to provide digital asset custody services. In the first half of 2025, the total transaction volume of bank digital asset-related products and tokenized assets reached HKD 26.1 billion, an increase of 233% compared to the same period last year, surpassing the total transaction volume of the previous year. Several asset management companies have also announced plans to launch tokenized products, and with the government's active promotion of tokenized bond issuance, it is believed that Hong Kong's growth momentum in the digital asset sector will continue, bringing new impetus to the development of Hong Kong's wealth management business. - Original text
4. Ripple report: Bank blockchain infrastructure investment exceeds $100 billion.
A new report from Ripple and CB Insights reveals how banks are reshaping financial markets through digital asset infrastructure, tokenization, and crypto partnerships. - Original text
5. NYDIG states that an increase in Bitcoin ETF quotas may raise spot demand.
The volatility of Bitcoin has been declining, yet it remains higher than that of traditional assets, making it attractive for revenue generation but posing risks for institutions seeking stability. - Original text
6. FTX creditor updates on the SBF case, hearings scheduled to begin on November 3.
FTX creditor Sunil provides an update on the SBF case on X platform: November 3, 2023: Found guilty on 7 counts March 28, 2024: Sentenced to 25 years in prison September 13, 2024: SBF appeals to the Second Circuit Court of Appeals December 13, 2024: Government responds January 31, 2025: SBF replies The case will begin a week of hearings on November 3, 2025. - Original text
7. OKX options open interest increased by 6.05%, significantly enhancing market activity.
Currently, the total open interest for OKX BTC options contracts is 28,238.93 BTC, with a 24-hour increase of 6.05%, indicating increased activity in the options trading market. Data for reference only: Open interest refers to the total number of unexercised options contracts in the market, reflecting current market views and expectations on the future price movements of a specific underlying asset. Data for reference only - Original text
8. TON perpetual contract trading volume surges, market trading activity increases.
Bitget TON/USDT perpetual contract volume soared five times within 10 minutes, with a trading volume of $25.11 million in the last 24 hours, an increase of 3.41%. A surge in trading volume generally indicates increased market activity or large capital trades, possibly triggered by significant market changes or announcements. According to AiCoin data, Bitget ranks 4th globally in the comprehensive contract leaderboard. - Original text
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