Flash News

TREE NEWS reports: The China International Economic and Trade Arbitration Commission released its Annual Report on International Commercial Arbitration in China (2025-2026) in Beijing, reporting that the number of foreign-related cases it accepted has grown for five consecutive years. CIETAC presented the findings as part of China’s arbitration system, which it described as a basic legal institution and a key component of foreign-related rule of law.

TREE NEWS update: South Korean police have charged 26 Polymarket users with illegal gambling, after the country blocked local access to the prediction market platform last month. Its media regulator had ruled that Polymarket offers illegal gambling services.

TREE NEWS update: The Celsius estate has sued BitMEX, alleging the exchange wrongfully liquidated and seized 6,360 BTC — worth nearly $490 million — during the March 2020 market crash. The claim lands as BitMEX prepares to shut down its exchange operations. No figure for damages sought beyond the bitcoin total was given.

TREE NEWS update: China’s National Radio and Television Administration will require broadcast and online audiovisual programs that use AI-generated content to carry content labels, the regulator said, outlining its plans for the 15th Five-Year Plan period. Key production stages and finished programs must still be reviewed by humans, and unauthorized AI alteration of content is prohibited. The NRTA said it will keep refining rules as AI technology evolves.

TREE NEWS update: Payward, parent of Kraken, said it will build a HIP-3-based custom perpetual futures market on Hyperliquid’s mainnet through its CFTC-regulated exchange Bitnomial and futures broker NinjaTrader Clearing, opening trading to eligible US users once products are approved. Only accounts cleared by NinjaTrader and whitelisted by both entities can trade, and the offering covers Bitnomial-deployed HIP-3 markets rather than Hyperliquid’s existing perpetuals.

TREE NEWS update: Sen. Kirsten Gillibrand said Democrats remain committed to passing the Clarity Act, calling the current setback “not the end” for the crypto market structure bill. Industry analysts, however, say it is highly unlikely the bill will pass this Congress, pointing instead to rulemaking efforts by the SEC and CFTC.

TREE NEWS update: The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act by a 38-5 vote, sending it to the full House. The bill would clarify digital asset tax rules, including a $10 de minimis threshold for everyday crypto payments, plus rules on income recognition, asset transfers, wash sales, mining, staking and broker reporting. The vote came less than 24 hours after the CLARITY Act failed a key Senate procedural vote.

TREE NEWS update: Hong Kong Monetary Authority chief executive Eddie Yue Wai-man said financial markets are operating normally and reminded the public to be mindful of interest rate risk. Yue’s remarks, issued in his capacity as the city’s de facto central bank governor, addressed market conditions and the rate exposure facing households and investors. He gave no further figures or policy details.

TREE NEWS update: A House committee advanced a bill to create a strategic bitcoin reserve, codifying President Trump’s plan for permanent bitcoin holdings. The legislation would establish the reserve in statute, moving it beyond the executive order that originally created it. A date for a full House vote was not given.

TREE NEWS update: South Korea said it will take action and deploy market stabilization measures if necessary should bond market volatility become excessive. The government also judges that Federal Reserve rate hikes have had a limited impact on the country’s domestic market.

TREE NEWS update: US lawmakers advanced legislation that would write President Trump’s Bitcoin reserve policy into law, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years. The bill seeks to codify the reserve, preventing the seized coins from being sold for two decades. No vote count or timeline was given.

TREE NEWS update: SEC Chair Paul Atkins and CFTC Chair Michael Selig said Wednesday they will write crypto rules under existing authority after the Clarity Act stalled. JPMorgan analysts noted that agency rules can be repealed by later administrations or challenged in court.

TREE NEWS update: The UK Financial Conduct Authority published final guidance on which crypto activities require its authorization and said it will consult on further changes after the Treasury drafted exemptions covering UK stablecoin payments and some DeFi interfaces. The rules set the licensing perimeter for crypto firms operating in Britain.

TREE NEWS reports: A group claiming responsibility for a Revolut data breach is demanding 6,000 Monero in ransom, saying it targeted roughly 680 customers specifically for their crypto holdings. Prosecutors in Reggio Calabria have opened a probe into a prefecture-certified email account allegedly used to obtain records on those customers. Revolut has not commented on the extortion demand.

TREE NEWS update: The US Department of Transportation announced the Trump administration is temporarily loosening service-hour restrictions for truck drivers hauling gasoline and diesel. The waiver applies to drivers transporting the two fuels, relaxing the rules that cap driving time. No end date or scope details were given in the announcement.

TREE NEWS update: The US House of Representatives passed a bill on employee stock ownership plan (ESOP) valuation, sending it to President Donald Trump for signature. The legislation now awaits the president’s approval before it can take effect. No further details on the bill’s provisions were provided.

TREE NEWS update: The US House of Representatives passed a bill on Wednesday aimed at shielding households from electricity rate increases caused by data center expansion, the first legislation to directly address the economic fallout of the industry’s growth. The Ratepayer Protection Act would require state utility regulators to consider whether large power users, including data centers, should bear the incremental costs of the electricity infrastructure built to serve them.

TREE NEWS update: The House Ways and Means Committee voted 38-5 to advance a bill that would limit crypto investors’ ability to claim a loss if they buy the same asset within 30 days before or after the sale. The restriction would cover sales made after Sept. 14.

TREE NEWS update: Rural commercial banks in Sichuan, Shanxi and Hunan have won approval to increase their registered capital, as the lenders move to shore up core tier-one capital. Rural commercial banks’ overall capital adequacy ratio stood at 12.91% at the end of the second quarter, below the 15.26% banking-sector average, with some regional lenders under pronounced strain. Capital injections via share placements have become a key tool for the banks to optimize ownership and strengthen risk buffers.

TREE NEWS update: US President Trump said he has spoken with Federal Reserve Chair Warsh, reiterating that Warsh has a difficult board to work with. Trump said interest rates are too high and that he told Warsh to do what he wants to do. Asked whether he still has confidence in Warsh, Trump answered yes.