BitMart US officially launches, obtaining operational licenses for 49 states, supporting 46 trading pairs, and complying with US financial regulatory standards. New users enjoy zero-fee trading, with plans to introduce more features and services in the future.

The Financial Accounting Standards Board in the United States is considering incorporating the accounting treatment of the transfer of encryption assets into its technical agenda. The European Union plans to grant ESMA greater authority to regulate all cryptocurrency service providers uniformly. GoPlus warns of a malicious Chrome extension that steals user mnemonic phrases, while the FDIC considers issuing guidelines for tokenization of deposit insurance.

Recently, the expiration data of BTC and ETH Options shows a shift in market sentiment towards negative. The number of BTC Options expiring is 41,000 contracts, with a maximum pain point of $105,000, while ETH Options amount to 228,000 contracts, with a maximum pain point of $3,475. Implied Volatility is rising, with significant increases in the medium to short-term IV for BTC and ETH, leading to heightened volatility expectations.

The 169th Ethereum core developer meeting discussed the FOCIL changes and the Fusaka upgrade. Developers are more optimistic about incorporating FOCIL in the Heka upgrade and plan to discuss it again in the next meeting. Meanwhile, the Fusaka mainnet upgrade will be activated on December 3.

According to Wu, Google Trends has revealed that "stablecoin" has significantly cooled in global search interest. "Stablecoin" reached a peak interest score of 100 from September 28 to October 4 this year, and then plummeted sharply over the following month, currently registering an interest score of only 13. Additionally, by region, Singapore and Hong Kong are the first and second regions for search interest, respectively.

Author | Paul S. Atkins, Chairman of the SEC
Compilation | Luffy, Foresight News
This article was published on November 12, 2025, and the content does not represent the views of Wu Shuo, nor does it constitute any investment or financial advice. Readers are advised to strictly comply with the laws and regulations of their location.
Original link:
Ladies and gentlemen, good morning! Thank you for your warm introduction, and thank you for inviting me here today. We will continue to explore how the United States is leading the next era of financial innovation.
Recently, when discussing America's leadership in the digital financial revolution, I described "Project Crypto" as a regulatory framework established to match the vitality of American innovators (Note: the SEC launched the Project Crypto initiative on August 1st of this year.

The U.S. has ended its longest government shutdown in history, with the December FOMC becoming critical, and the market has high expectations for interest rate cuts. The Supreme Court focuses on virtual money and cybercrime, while Sichuan reveals a case of overseas income tax reporting. The Czech Central Bank has purchased Bitcoin for the first time, and an elderly man in South Korea has donated Bitcoin to a hospital, promoting a culture of digital asset donations.

Wu learned that Solana MEV infrastructure Jito Labs published an article introducing its launched Block Assembly Marketplace (BAM), stating that it can solve the pain points of the Solana network, consolidate on-chain advantages, and help realize the "internet capital market". The article points out that BAM can ensure transparent and fair execution for Solana's execution layer, pushing on-chain transactions to surpass centralized venues; it analyzes that Solana currently faces execution uncertainty issues due to seven different transaction schedulers; it explains that the construction of BAM is to learn from the bad incentive lessons of the Ethereum proposer-builder separation (PBS) to avoid repeating the same mistakes. BAM achieves application-controlled execution (ACE) through a plugin system, solving FIFO.

Author | NDV
The content of this article does not constitute any investment or financial advice. Readers should strictly adhere to the laws and regulations of their location. This article was published on September 27, and some information and data may be outdated.
The NDV research team recently conducted a systematic analysis of the price relationship between Bitcoin (BTC) and gold (XAU). The reason for focusing on this topic is that these two asset classes are often viewed by the market as "stores of value" and "hedging tools": gold has been a traditional safe-haven asset and a "safe harbor" for global investors for decades; while BTC is increasingly being referred to as "digital gold" by a growing number of investors, gaining a new status amid rising macroeconomic uncertainty.
Our research starting point is: in an investment portfolio with a high Crypto weight, how to balance volatility and enhance the Sharpe Ratio by configuring gold and BTC.

Editor | Wu Says Blockchain
This article is based on the roundtable discussion at the Finternet 2025 Asia Digital Finance Summit titled "Asian Crypto Frontier: Balancing Regulation and Compliance Growth", hosted by Angelina Kwan, Managing Director of Stratford Finance. The guests include Wong Huei Ching, Director of Digital Financial Assets and Cryptocurrency Regulation at the Indonesian Financial Services Authority (OJK), Uli Agustina, Director of Digital Financial Assets and Cryptocurrency Regulation at the Indonesian Financial Services Authority, and Harry Kim, Chief Business Officer of Kintsugi Technologies in South Korea.
Finternet 2025 Asia Digital Finance Summit will be held on November 4 in Hong Kong, with the theme "Connecting Ideas through Blockchain."

1. The Uniswap proposal initiates protocol fees and the UNI Burn Mechanism, with the foundation's functions being integrated into Labs.
The Uniswap Foundation and Uniswap Labs jointly proposed a governance proposal to initiate a protocol fee mechanism, reduce the total supply of UNI, and trigger UNI burn through protocol usage to restructure the ecological incentive model. The proposal also includes the establishment of a Uniswap Growth Budget to fund protocol and ecological development under the service provision protocol framework, while merging most of the Foundation's functions and team into Uniswap Labs. The Foundation will continue to execute existing grant commitments and will cease operations after completing the remaining grant budget of approximately $100 million.
2. The U.S. Treasury and the IRS have issued new regulations to provide a compliant path for crypto ETP staking.
U.S. Treasury Secretary Scott

The payment platform Square has launched a Bitcoin payment feature, allowing merchants to activate it at the POS terminal. Currently, it only supports offline and terminal payments, with online and invoicing functions under development. The official announcement states that there will be no transaction fees until 2027, after which a fee of 1% is expected to be charged. Currently, Square's ecosystem covers 8 countries and over 4 million merchants; some users have reported experiencing this feature at coffee shops in the United States, and Cash App has simultaneously launched a global map supporting BTC merchants. (Cointelegraph)

Hackers use the prediction market comment section to commit fraud, resulting in losses exceeding $500,000. They post scam links by purchasing "Yes" and "No" comments, disguising themselves as a Cloudflare window for verification, ultimately downloading and executing malicious scripts to steal data and funds.

Editor | Wu Talks Blockchain
The content of this article comes from two discussions at the Finternet 2025 Asia Digital Finance Summit. The first part discusses "The Evolution of Digital Asset Regulation from Hong Kong to the Middle East," hosted by Rocky Tung, Director and Head of Policy Research of the Hong Kong Financial Development Council. The guests include Elizabeth Wong, Director of Intermediaries and Head of Fintech of the Securities and Futures Commission of Hong Kong, and Wai Lum Kwok, Senior Executive Director of the Financial Services Regulatory Authority of the Abu Dhabi Global Market. The second part discusses "Breakthroughs, Innovations, and Safeguards in Hong Kong," hosted by Gary Tiu, Executive Director and Head of Regulatory Affairs of OSL Group, with Eric Yip, Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, as a guest.
Finternet