Flash News

TREE NEWS update: The Federal Reserve Board announced the termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp. The actions were lifted as of the announcement date. Specific terms of the original enforcement actions were not disclosed.

TREE NEWS update: President Donald Trump on Friday threatened to halt trade with countries running surpluses against the U.S. unless the Federal Reserve cuts interest rates, calling it “better than tariffs.” In a Truth Social post, he argued high rates put America at an unfair disadvantage and urged the Fed to act as “patriots.”

TREE NEWS update: Revolut and OpenReserve received preliminary approval from the Office of the Comptroller of the Currency to form US national banks, with both planning to offer cryptocurrency and stablecoin-related services. The approvals mark a step toward expanding their digital asset offerings under US banking regulations.

TREE NEWS update: New York City Mayor announced that starting in the 2026-2027 school year, students in public elementary and middle schools will be prohibited from using generative artificial intelligence. The city also introduced a new screen time management policy.

TREE NEWS update: The Shenzhen Stock Exchange took self-regulatory measures against 95 cases of abnormal securities trading from August 31 to September 4, 2026, involving tactics like intraday pumping and dumping and false orders. It also reviewed 13 major events of listed companies and referred 2 suspected violations to the CSRC.

TREE NEWS update: China’s National Radio and Television Administration issued a management notice on May 4, requiring streaming platforms to review all micro-dramas uploaded by users, enforcing a ‘must-review-every-broadcast’ policy. User-uploaded micro-dramas meeting Category I or II standards must obtain a distribution license or approval document, and platforms are barred from disseminating personal uploads of special-topic micro-dramas.

TREE NEWS update: China’s State Administration for Market Regulation (SAMR) concluded 298 concentration-of-undertakings reviews in the first half of the year, prohibiting one and conditionally approving two. The regulator also publicly penalized four cases of illegal concentration. The data was released by SAMR on Tuesday.

TREE NEWS reports: Kalshi’s US web traffic surged more than 1,500% in under a year, with trading volume growing even faster, as legal scrutiny of its sports contracts intensified. The prediction-market platform has seen a rapid user influx amid mounting regulatory pressure.

TREE NEWS update: China’s securities regulator held a meeting to conclude its education campaign on establishing a correct view of political achievements. It pledged to intensify efforts to identify and rectify deviations, integrate risk prevention and market supervision, and strengthen party building. The regulator also vowed to build a strict supervisory team and accept oversight from disciplinary bodies.

TREE NEWS update: Crypto firms are pressing the SEC to expedite ETF reviews and permit confidential draft filings, while Jane Street and Charles Schwab caution against rushed launches and reduced market scrutiny. The push highlights tensions between industry calls for faster approvals and concerns over transparency.

TREE NEWS update: China’s securities regulator has issued new requirements for securities and fund firms outsourcing channel services to third-party internet platforms, mandating pre-assessment mechanisms and ongoing monitoring of compliance, security, and contract performance. The guidance, part of the Financial Products Online Marketing Management Measures, updates institutional oversight rules.

TREE NEWS update: Shanghai Stock Exchange issued a regulatory warning to Longban Media and its then board secretary Sun Fujun for inadequate and inconsistent disclosure of its AI video business in semi-annual and stock trading anomaly announcements. The exchange said the firm failed to specify revenue scale and impact, risking investor misdirection.

TREE NEWS update: China’s National Financial Regulatory Administration (NFRA) released draft rules on information disclosure for banks and insurers, now open for public comment. The measures clarify responsibilities across institutions, directors, supervisors, senior managers, shareholders, actual controllers, and third-party services like accounting and law firms. They also empower regulators to take action against violations.

TREE NEWS reports: The U.S. Financial Crimes Enforcement Network (FinCEN) has linked $12.7 billion to cryptocurrency scams operated from compounds in Asia. Monthly reported sums have risen 18% on average, and the compounds are spreading beyond Southeast Asia.

TREE NEWS update: OpenReserve Holdings has received preliminary approval from the Office of the Comptroller of the Currency (OCC) to establish a national bank focused on onchain settlement. The approval follows a $25 million seed round backed by Andreessen Horowitz.

TREE NEWS update: China’s National Financial Regulatory Administration (NFRA) has issued draft measures on information disclosure for banks and insurance institutions, now open for public comment. The rules require these institutions to disclose details of financial products and services, including standard names, product types, transaction structures, rights and obligations, income distribution, fees, innovative designs, and risk levels, in accordance with laws and regulations.

TREE NEWS update: China’s Cyberspace Administration and six other ministries issued a plan to promote digital and green transformation, encouraging the use of virtual reality, artificial intelligence, and other digital intelligence technologies to innovate consumption models. The plan supports sharing economies, virtual home renovation and fitting rooms, and expands supply of AI terminals, smart wearables, green appliances, and new energy vehicles. It also promotes green e-commerce packaging and establishes green electricity consumption certification mechanisms.

TREE NEWS update: Coinbase filed notice registrations with the SEC this week to list perpetual futures on individual US stocks. The exchange said CFTC approval is the next step before offering single-stock perps to domestic customers. The move would expand its derivatives offerings beyond crypto assets.