Flash News

TREE NEWS update: Senator Bernie Sanders will introduce a bill to pause advanced AI development and create a federal regulator, with violators facing up to 20 years in prison. The forthcoming legislation targets frontier AI models, marking a significant regulatory push in the AI sector.

TREE NEWS update: Coinbase announced plans to launch single-stock perpetual futures in the US, having filed registration notices this week with the SEC for its derivatives exchange and broker. The exchange will work closely with the SEC and CFTC to bring more major financial products to the US market.

TREE NEWS reports: Michigan authorities continue efforts to block Kalshi, with a Supreme Court battle looming. Kalshi earlier said it faced an “impossible position” after federal authorities directed it to ignore a Michigan restraining order issued in June. The ongoing dispute highlights regulatory tensions over prediction markets.

TREE NEWS update: Revolut said it received preliminary approval from the Office of the Comptroller of the Currency (OCC) to become a US bank, marking an important step toward its US banking ambitions. The conditional approval allows the fintech to proceed with establishing a national bank charter, subject to meeting certain requirements.

TREE NEWS update: House Republican leadership has canceled voting sessions scheduled for the weeks of September 21 and September 28. The House will reconvene on September 14 for a four-day agenda before leaving Washington until after the midterm elections. This schedule makes it highly unlikely that the CLARITY Act will pass before the midterms.

TREE NEWS update: On September 3, the US House of Representatives passed the Protecting Economic and Academic Freedom Act, which aims to block federal assistance to universities that boycott Israel. The vote was 237-169. The bill now moves to the Senate for approval before it can become law.

TREE NEWS update: Two Thai businessmen are suing Tether in Manhattan federal court over 42,417,785.62 USDT blacklisted across 10 Ethereum addresses. Onchain records show all 10 were frozen in a single two-and-a-half-minute batch on Oct. 30, 2025, and the seizure warrant cited in the complaint is dated Feb. 19, 2026.

TREE NEWS update: The U.S. Commodity Futures Trading Commission asked a judge to dismiss CME Group’s lawsuit challenging its approval of Kalshi’s Bitcoin perpetual futures contract. The regulator argues CME cannot contest the approval without showing concrete financial harm. The lawsuit stems from CME’s claim that Kalshi’s product overlaps with its own offerings.

TREE NEWS update: The Dutch central bank said Tuesday it transferred about 86 tonnes of gold reserves from New York and Ottawa to London between March and August to diversify risk and prepare for crises. France has concentrated all its 2,437 tonnes domestically since April, while Germany repatriated 300 tonnes from the US in 2013-17. Expert Wan Zhe says gold repatriation signals eroding trust in the dollar system and accelerating global reserve diversification.

TREE NEWS update: Commerce Secretary Howard Lutnick said Anthropic’s issues with the Trump administration have been resolved, but a senior Pentagon official disagrees. Deputy Under Secretary of Defense for Research and Engineering Emil Michael said on social media Thursday that the Pentagon’s determination that Anthropic poses a supply chain risk remains in effect.

TREE NEWS update: BitMEX co-founder Arthur Hayes contributed 75% of Reform UK’s donations in Q2 2026, the party led by Nigel Farage has accepted. The contributions from crypto-industry figures raise questions about potential influence on UK policy. No specific policy changes have been proposed.

TREE NEWS update: Apple is facing a £2 billion ($2.7 billion) class action lawsuit filed by app developers, who allege the company abused its market dominance by imposing stricter App Tracking Transparency (ATT) rules on third-party apps to favor its own advertising business. The lawsuit, reported by Reuters, comes ahead of Apple’s new product launch. Developers claim the restrictions caused significant losses for businesses relying on Apple’s platform.

TREE NEWS update: The SEC’s Investor Advisory Committee will hold a public meeting at SEC Headquarters in Washington D.C. on Sept. 10 at 10 a.m. ET to discuss artificial intelligence technologies in public markets and the SEC’s related initiatives. The meeting is open to the public, with agenda details to be announced.

TREE NEWS update: China’s Ministry of Ecology and Environment issued the 2025-2026 allowance allocation plans for the national carbon market, covering power generation and expanding to steel, cement, and aluminum smelting in 2026. The plan details allocation scope, calculation methods, issuance, and compliance for these industries.

TREE NEWS update: The Shanghai Stock Exchange has issued a regulatory work letter to Longban Media regarding abnormal fluctuations in its stock trading. The exchange’s action follows unusual price movements in the company’s shares, prompting regulatory scrutiny. Further details of the letter were not disclosed.

TREE NEWS update: Hong Kong’s Securities and Futures Commission (SFC) is intensifying scrutiny of fund investments in unlisted private products, requiring fund managers to clearly disclose risks. If such investments exceed half of the fund’s portfolio, they will be treated as ‘complex products’ under stricter regulation, aiming to prevent retail investors from buying products beyond their risk tolerance.

TREE NEWS update: China’s unified information disclosure platform for the wealth management industry, operated by the Banking Wealth Management Registration and Custody Center, officially launched on September 1. All 32 wealth management companies, 141 banks with outstanding public offerings, and 41 custodians have joined, marking a key step in standardizing industry disclosures.

TREE NEWS update: China’s National Radio and Television Administration, with provincial regulators and industry bodies, removed 3.52 million pirated links and handled 134 infringing accounts in August 2026. The action targeted hot-played TV dramas under enhanced monitoring.

TREE NEWS update: New York City schools will impose a one-year moratorium on generative AI tools, affecting nearly 600,000 students. Five named vendors will continue metered pilots in high schools during the ban.