TREE NEWS update: CoinEx said it will shut down after nine years, citing falling trading volumes and liquidity, along with rising regulatory and compliance costs that it said had exceeded “reasonable boundaries.” Withdrawals will remain open until Dec. 22, the exchange said, without giving a date for the full cessation of operations.
TREE NEWS update: The US Department of Justice is seeking about $61 million in cryptocurrency proceeds tied to illicit Iranian oil sales laundered through Binance, prosecutors said. Two Chinese companies allegedly used the exchange to move the funds to Iran and its proxies. The filing marks a fresh enforcement action over sanctions evasion routed through crypto.
TREE NEWS update: Australia’s securities regulator ASIC has extended its market exemption policy for exchange-traded derivatives (ETD) by five years. The extension keeps the existing relief in place for firms operating in the ETD market, giving participants longer-term regulatory certainty. ASIC announced the decision without specifying a start date or further conditions.
TREE NEWS update: China’s State Administration for Market Regulation has approved and released a national standard for internet rental bicycles, titled “Rental Bicycle Traffic Service Specification Part 2: Internet Rental Bicycles.” The standard regulates the entire operational service chain for shared-bike operators, aiming to push companies to continuously optimize services and improve user experience.
TREE NEWS update: A US federal judge on the 14th blocked the Trump administration’s new rule tightening duration-of-stay limits for international students, exchange visitors and foreign media representatives from taking effect as scheduled. One day before the rule was due to take effect on September 15, Judge Saylor of the US District Court for the District of Massachusetts granted the plaintiffs’ request to postpone the effective date, denied their other requests including vacating the rule, but allowed them to file again in the future.
TREE NEWS update: Democrats are sending a counterproposal on the GOP’s ‘final’ CLARITY Act offer just hours before a key procedural vote, Politico reported. Some Democrats remain dissatisfied with the bill’s crypto ethics provisions. The counteroffer sets up a late-stage clash over the market structure legislation ahead of the procedural step.
TREE NEWS update: The US Supreme Court has rejected an attempt by Donald Trump to restrict mail-in voting ahead of the midterm elections. The ruling blocks the measure, leaving mail-in ballot rules for the midterms unchanged. No further details were immediately available.
TREE NEWS update: Judge Beryl Howell of the U.S. District Court for the District of Columbia ruled that the Environmental Protection Agency must withdraw its decision to reclassify two Clean Air Act waivers granted to California as “rules” rather than “orders.” The order requires the EPA to “retract or correct” the move and all public statements about it, and bars the agency from letting the reclassification take effect. The ruling comes as Congress advances votes under the Congressional Review Act to overturn the waivers, with House votes scheduled for Tuesday and Thursday.
TREE NEWS reports: Securitize president Brett Redfearn said the SEC’s forthcoming stock-token exemption will likely give public companies a window to object before third parties tokenize their shares. Redfearn, who previously ran the SEC’s trading and markets division, expects companies to be able to opt out of having their equity tokenized by outside issuers.
TREE NEWS update: China releases August retail sales, industrial output, fixed-asset investment and 70-city home prices, alongside a National Bureau of Statistics briefing. The Eurozone and Germany publish September ZEW sentiment, while ECB board member Escriva discusses the digital euro and Vice President Vujcic and board member Cipollone also speak. US Treasury Secretary Bessent may testify before the House Financial Services Committee, and Anthropic may hold a developer conference.
TREE NEWS update: OpenAI’s top lobbyist, Lehane, met with US lawmakers on Capitol Hill on Monday, and plans further meetings with congressional leadership. The outreach comes as the AI company steps up its engagement with Washington. No specific policy agenda or legislative items were disclosed.
TREE NEWS update: Eight trade associations are urging US lawmakers to tighten stablecoin rules in the Clarity Act, arguing that exceptions permitting interest-like rewards could drain bank deposits and curb lending. The groups want the bill to bar such yield features rather than carve them out. No vote or decision has been announced.
TREE NEWS update: The U.S. Senate heads into a consequential vote Tuesday on sweeping cryptocurrency legislation. Whether the bill has enough support to pass remains unclear, leaving its fate in doubt ahead of the vote.
TREE NEWS update: The Trump administration’s AI chief said AI laboratories do not need the government to control the pace of technological development, while the US should have transparency and audit rules for AI labs. The official also said AI labs can develop safety technology without making antitrust concessions.
TREE NEWS reports: Bitcoin rose 2.3% to $79,164, with its session high set in New York, as 79 of the 121 largest non-stablecoin tokens gained and XRP led the advance. The Senate votes Tuesday at 2:15 p.m. on whether to take up the CLARITY Act, while Polymarket traders price the outcome. The S&P 500 held a 0.3% loss.
TREE NEWS reports: Bitcoin rose 2.3% to $79,164, setting its session high in New York, as 79 of the 121 largest non-stablecoin tokens advanced. The Senate votes at 2:15 p.m. Tuesday on whether to take up the CLARITY Act, with Polymarket traders pricing the outcome. The S&P 500 held a 0.3% loss.
TREE NEWS update: The US Treasury announced on September 14 that it has designated Russia’s VTB Bank as a sanctions target, citing the bank’s alleged role in helping circumvent sanctions on Iran. The designation places the Russian state-owned lender under US sanctions restrictions. No further details of the measures were given.
TREE NEWS update: Republicans posted the final CLARITY Act text a day before a cloture vote, dropping the Jan. 20, 2029 ethics sunset, reversing the July text’s bar on state attorney general enforcement, and raising civil penalties from 10% of the take or $500,000, whichever is less, to 20% or $500,000, whichever is greater. The bans on issuing and sponsoring digital assets reach further.
TREE NEWS update: Republicans posted the final text of the CLARITY Act one day before a Senate cloture vote. The ethics section removes the Jan. 20, 2029 sunset, reverses the July draft’s bar on state attorney general enforcement, and raises civil penalties from 10% of the take or $500,000, whichever is less, to 20% or $500,000, whichever is greater. The bans on issuing and sponsoring digital assets reach further.
TREE NEWS update: Republicans released the final CLARITY Act text a day before a cloture vote, dropping the Jan. 20, 2029 ethics sunset and reversing the July text’s bar on state attorney general enforcement. Civil penalties rise from 10% of the take or $500,000, whichever is less, to 20% or $500,000, whichever is greater. Bans on issuing and sponsoring digital assets also reach further.
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