According to Bijie.com, on August 2 (UTC+8), at GM Vietnam, Vietnam's largest and most influential crypto industry event, Ben El-Baz, Head of Global Development at HashKey Group, delivered a keynote speech focused on the theme, "Compliance is the foundation of trust and a key force in driving Web3 mainstream adoption." During his speech, HashKey Group provided an in-depth analysis of the enormous potential of the Vietnamese market. With the introduction of the regulatory sandbox mechanism, Vietnam is actively exploring compliance paths in the digital asset sector. Combined with its rapidly growing developer ecosystem, open and inclusive policy environment, and government support for emerging technologies, Vietnam is emerging as a key leader in Web3 compliance innovation in Southeast Asia. Ben stated, "Whether it's user protection, capital attraction, or cross-border financial connectivity, compliance regulation will help unleash the growth potential of Vietnam's digital assets."

According to Bijie.com, the Singaporean Monetary Authority (MAS) announced that the Commercial Affairs Department of the Singapore Police Force is investigating AmazingTech Pte Ltd and its affiliates. ATPL operated the cryptocurrency trading platform Tokenize Xchange under an exemption. MAS received multiple customer complaints alleging delays in processing withdrawals from customers. MAS subsequently found indications that ATPL did not have sufficient assets to satisfy customer claims and may have failed to segregate its customers' assets from ATPL's own. ATPL may have made misrepresentations to MAS regarding the segregation of its customers' assets when applying for a major payment institution license.

According to Bijie.com, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce will lead a team on a ten-city tour this fall, hosting roundtable discussions aimed at gathering feedback from industry stakeholders, developers, and investors to better inform the agency's assessment of future digital asset regulations. The agency's cryptocurrency task force is "particularly interested" in meeting with cryptocurrency startups less than two years old and with 10 or fewer employees. The roundtable discussions will take place from August to December.

According to Bijie.com, on August 2nd, Nasdaq-listed Fundamental Global announced the establishment of FG CVR Trust, a trust fund, after reaching a definitive agreement for a $200 million private placement. The fund, registered in Delaware, is intended to monetize and distribute various legacy assets and proceeds from business liquidations. Fundamental Global previously announced the completion of a $200 million private placement and will be renamed FG Nexus, with plans to use Ethereum (ETH) as its primary reserve asset and implement staking services.

Thousands of license applications from U.S. companies to export goods and technologies around the world are on hold because the agency responsible for approving these applications has been in turmoil and almost paralyzed, two sources said.

According to a report by Bijie.com, the U.S. Securities and Exchange Commission will set up a special task force to use artificial intelligence to improve the innovation and efficiency of the entire agency.

According to CoinDesk, following the launch of 'Project Crypto', an initiative aimed at enhancing the industry, CoinDesk will invite former SEC Chairman Paul Atkins to attend the 2026 Consensus Miami conference and Commissioner Hester Peirce to participate in CoinDesk's policy and regulatory events. (Source: MLion)

According to Bijie.com, the U.S. Securities and Exchange Commission (SEC) announced that its Crypto Task Force will host a series of roundtables in several cities across the United States over the coming months, aiming to provide a wider range of crypto stakeholders with direct interaction with SEC Commissioner Hester Peirce. Representatives of startup crypto projects with fewer than 10 employees and less than two years old are particularly welcome to participate, ensuring more comprehensive and diverse regulatory policymaking. Commissioner Peirce expressed her desire to hear the voices of those who were unable to attend the roundtables in Washington this past spring, emphasizing that the regulatory framework will have a profound impact on the industry, and the SEC hopes to achieve more comprehensive outreach through extensive communication. Interested project representatives can submit an application by email, describing their team composition and project profile, and indicating the cities in which they would like to participate. The SEC plans to publicly list the participating projects to promote transparent dialogue and public participation. This series of roundtables is seen as a key initiative by the SEC to promote openness and inclusiveness in crypto regulatory policy.

According to the news from Bijie.com, U.S. Treasury Secretary Scott Bessant said: "We are exploring new possibilities of decentralized computing and digital payments to unleash the potential of blockchain technology."

According to Bijie.com, the People's Bank of China held a work conference for the second half of 2025 and a meeting to promote the regular and long-term implementation of central inspection rectification work. The meeting called for the study and formulation of the People's Bank of China's 15th Five-Year Plan for Reform and Development. Key tasks for building a digital central bank must be implemented. A secure and efficient cross-border payment system must be established. The interconnection of fast payment systems must be promoted in an orderly manner. A comprehensive regulatory and protection network for fraud and gambling-related "capital chains" must be established. Cash services and management must be improved. The development and promotion of digital RMB infrastructure must be strengthened.

According to Bijie.com, on August 1, when the U.S. stock market opened, the Dow Jones Industrial Average fell 371 points, the S&P 500 fell 0.99%, and the Nasdaq fell 1.30%.

According to the Bijie.com news, after the passage of the landmark GENIUS Act in the United States, Fabian Dori of Sygnum Bank analyzed the future development direction of stablecoins, institutional adoption and global cryptocurrency regulation.

According to a report from Bijie.com, the People's Bank of China held a work conference for the second half of 2025 and a meeting to promote the normal and long-term central inspection and rectification work on August 1. The meeting believed that the financial support for the continued improvement of the economy has been strengthened. Implement a moderately loose monetary policy, lower the reserve requirement ratio, flexibly use a variety of monetary policy tools, and maintain ample liquidity. Lower the policy interest rate, the interest rate of structural monetary policy tools, and the interest rate of personal housing provident fund loans to promote the downward trend of financial market interest rates and social comprehensive financing costs. Continue to improve the monetary policy framework, cultivate policy interest rates, improve the monetary policy toolbox, do a good job in policy communication and expectation guidance, and consolidate and expand the results of rectifying idle funds and "involutionary" competition in the financial industry.

According to a report on Bijie.com on August 1st, renowned venture capital firm a16z called on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could create dangerous loopholes and undermine investor protection. In an open letter submitted to the US Senate Banking Committee, a16z proposed changes to the draft amendment to the 21st Century Financial Innovation and Technology Act: 1. It opposes the current "affiliated assets" framework, arguing that it conflicts with the "Howey Test" of securities law and could weaken investor protection; it also recommends adopting clearer regulatory standards for "digital commodities." 2. It warns of loopholes in the primary/secondary market split regulation, suggesting that project owners could exploit exemptions to sell assets to insiders at low prices and then resell them on the public market; it also proposes using "degree of decentralization" as a regulatory threshold, requiring the relinquishment of control to lift trading restrictions. 3. It requests that activities related to blockchain-based technology, such as consensus algorithm operation and smart contract execution, be exempted from being classified as securities.

According to Bijie.com, the UK Financial Conduct Authority (FCA) has opened retail access to cryptocurrency ETNs, stating that firms will soon be able to offer retail investors access to cryptocurrency exchange-traded notes (cETNs). Crypto ETNs available to retail investors must be traded on a UK investment exchange (RIE) approved by the FCA. The FCA's ban on retail exposure to crypto asset derivatives will remain in effect. The FCA will continue to monitor market developments and consider its approach to high-risk investments.

According to Bijie.com, Paul Grewal, Chief Legal Officer of the US cryptocurrency exchange Coinbase, filed federal court documents on Tuesday, August 1st, accusing the Federal Deposit Insurance Corporation (FDIC) of deliberately obstructing the disclosure of documents related to "Operation Chokepoint 2.0." Despite a court order requiring the release of these documents, the FDIC has not fully cooperated.

According to Kraken Status, the cryptocurrency exchange Kraken is investigating a registration issue affecting some newly registered US futures customers, potentially preventing them from seeing funds transferred into their futures wallets. As a precaution, the company is working to address the issue, and the US futures registration process has been temporarily suspended. The team is working on resolving the issue and will provide updates as needed.

According to a report by Bijie.com on August 1st, the Ministry of Industry and Information Technology (MIIT) announced the establishment plan for the Metaverse Standardization Technical Committee. The plan states that the MIIT Metaverse Standardization Technical Committee will be chaired and vice-chaired by officials from relevant departments and research institutions. Committee members will be industry and technical experts from Metaverse-related companies, research institutions, and universities. The secretariat will be affiliated with the China Electronics Technology Standardization Institute. The affiliated institution will provide the secretariat with necessary working conditions and funding. The post-establishment work plan includes strengthening top-level standard design and clarifying the path for standard promotion; focusing on industry development needs and accelerating the development of key standards; promoting the implementation and application of standards; and accelerating the development of international standards to enhance future industrial competitiveness.

According to Bijie.com, on August 1st, the U.S. Securities and Exchange Commission (SEC) officially confirmed receipt of the application for the Canary PENGU ETF, the first hybrid spot ETF combining meme tokens and NFTs. With Wall Street's growing interest, market participants anticipate a decisive moment in the intersection of digital assets and traditional finance. The Canary PENGU ETF plans to allocate 80-95% of its portfolio to the Solana meme token PENGU, the core of the Pudgy Penguins brand. The remaining 5-15% will consist of premium NFTs, including the "Fat Penguin" NFT, with a modest allocation to Solana and Ethereum for liquidity. This structure reflects an active investment strategy. The ETF plans to hold specific NFTs based on factors such as rarity, visual appeal, and market value. The fund manager will actively evaluate and rotate these holdings to maintain an optimal portfolio. The inclusion of NFTs in a regulated ETF marks an unusual but noteworthy shift in the perception of financial assets.

According to the news from Bijie.com, on August 1, according to Rockflow market data, U.S. cryptocurrency reserve concept stocks generally fell before the market opened, among which: Bitmine Immersion (BMNR), the largest Ethereum holder, fell 6.9% before the market opened; SharpLink Gaming (SBET) fell 5.74% before the market opened; MSTR fell 3.03% before the market opened; CRCL fell 3.71% before the market opened; Coinbase fell 11.07% before the market opened.