Flash News

TREE NEWS update: The US Securities and Exchange Commission has proposed rescinding Rule 14a-8 under the Securities Exchange Act of 1934, the provision governing shareholder proposals. The agency said the rule exceeds the scope of its statutory authority and intrudes into matters of state law. The SEC also outlined reforms to the proxy solicitation process.

TREE NEWS reports: Identity thefts linked to Revolut have renewed scrutiny on how crypto and fintech firms store customer KYC documents. Zero-knowledge technology could let companies verify users’ identities without holding copies of passports or other ID files, yet it is not standard practice. The thefts highlight the risk of centralized identity data, the report said.

TREE NEWS update: The FCA published guidance for crypto firms two weeks before the UK’s authorization window opens, warning that overseas companies serving UK retail customers must also be authorized. Firms will not be able to trade under the new regime before October 2027. The guidance sets out how both domestic and foreign firms should prepare for the UK’s crypto licensing process.

TREE NEWS update: Kraken’s parent company plans to offer permissioned Hyperliquid perpetual futures to US traders, with Bitnomial set to deploy, administer, clear and settle the proposed markets. NinjaTrader Clearing would carry approved customer accounts under the arrangement.

TREE NEWS reports: With Senate lawmakers failing to advance the Clarity Act, Bernstein expects the SEC and CFTC to drive crypto rulemaking. The firm said the legislative setback allows stablecoin rewards on idle balances to continue.

TREE NEWS update: Deutsche Bank has confirmed it will launch custody services for bitcoin and ether, holding clients’ wallets and private keys on their behalf. The service remains subject to regulatory approvals. Among the stablecoins on its launch list is one from a venture part-owned by DWS, Deutsche Bank’s majority-owned asset manager.

TREE NEWS reports: Bernstein said the SEC and CFTC are expected to pursue aggressive rulemaking to compensate for time lost negotiating the CLARITY Act, after the bill’s cloture vote failed on Tuesday. The federal agencies will publish new regulations in place of the stalled legislation, the firm said.

TREE NEWS update: Chuanglian Data said it received notice from the Shenzhen Stock Exchange on September 16, 2026 that its application for a targeted share issuance has been accepted. The deal still requires approval from the exchange’s review process and registration with the China Securities Regulatory Commission before it can proceed. No issue size, price or subscriber details were disclosed.

TREE NEWS update: The Clarity Act failed to pass its vote after every Democrat voted ‘no,’ leaving the crypto market bill short of approval. Crypto majors, altcoins and memes all sold off in the wake of the outcome, which had been expected given the odds. The vote marks another setback for US crypto market-structure legislation.

TREE NEWS update: Douyin said it revoked certifications from 6,888 “financial advisors” on its platform as part of a deepening governance campaign over its finance content ecosystem. The company cited qualifications issues, illegal marketing and cross-border business solicitation as the most concentrated problem areas, noting that violations are hard to detect and mutate quickly. It also flagged illegal stock-recommendation and forex-trading activities as targets of the crackdown.

TREE NEWS update: Deutsche Bank plans to launch digital asset custody for institutional clients in Europe this year, initially supporting bitcoin, ether and select stablecoins. The German lender is moving into crypto custody as European banks position for institutional demand under the region’s MiCA framework.

TREE NEWS reports: Italy’s cyber agency is investigating a breach involving more than 650 abused or illicitly obtained certified email accounts, linked to a data leak at Revolut. The probe centres on government email accounts compromised in the incident. No further details on the affected agencies or the number of users involved were disclosed.

TREE NEWS reports: Bitcoin’s Coinbase premium fell to its lowest level in a month after the US Senate voted against the CLARITY Act, signaling weaker US exchange demand. Traders moved BTC to exchanges at an unrealized loss, adding selling pressure as the legislative setback weighed on sentiment.

TREE NEWS update: The US Senate’s procedural vote to advance the CLARITY Act (H.R. 3633) failed 49-50 early on September 16 Beijing time, short of the 60-vote threshold needed to open debate, with no Democratic support. Four Republican senators voted against: Susan Collins of Maine, Josh Hawley of Missouri, Jerry Moran of Kansas and Thom Tillis of North Carolina. Tillis said the vote was procedural, preserving the right to reconsider the motion, and that the bill still has room to advance.

TREE NEWS update: The UK Home Office is backing a money laundering crackdown with £500 million ($676 million) and 500 new officers, naming crypto alongside fintech and AI as drivers of the threat. The National Crime Agency puts the annual cost of the threat at £100 billion a year in the UK.

TREE NEWS update: The UK Financial Conduct Authority published guidance on the scope of its crypto asset regime, covering issuance of qualifying stablecoins, operating crypto trading platforms, proprietary trading, trade matching, crypto custody and arranging staking, all of which may require FCA authorisation. The regime takes effect on 25 October 2027. The UK government has made targeted amendments to the relevant legislation, and the FCA will consult on targeted updates to the guidance in October.

TREE NEWS update: The European Central Bank is inviting euro-area online and mobile merchants to apply until Oct. 27 to test beta digital euro payments in a 12-month pilot running into 2027. The pilot will let participating merchants accept the digital euro in e-commerce and mobile checkout flows. The ECB is running the trial as part of preparations for a possible retail central bank digital currency.

TREE NEWS reports: The largest CRCL long on Hyperliquid is down $1.099 million, holding a $6.936 million position at 10x leverage with an average entry of $98.20 and a liquidation price of $73.10, about 13.8% below the current price. The trader’s $86 and $85 buy orders filled for roughly $200,000 in added long exposure, with four more bids between $81 and $84, about $100,000 each. CRCL closed at $86.30 on Sept. 15, down 11.41%, after a Senate procedural vote on the CLARITY Act failed 49-50.

TREE NEWS update: The European Union is planning to restrict children’s use of social media and ban users under the age of 13. The measure, reported on Tuesday, would set a bloc-wide minimum age for social media accounts. No further details on the scope or timing of the proposal were given.

TREE NEWS update: Hong Kong-founded crypto exchange CoinEx is shutting down after nine years, telling users they have until December to withdraw funds. The exchange cited a prolonged crypto winter and rising compliance costs for the closure, ending a run that began in December 2017.