⚡️ Kyrgyzstan Parliament approves bill on introduction of state crypto mining tools

The bill introduces new legal definitions, including stablecoins, backed by fiat, and RWA tokens. It also provides for the creation of a state crypto reserve and the launch of government mining operations using state infrastructure and resources.

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⚡️ SEC chair unveils Project Crypto, proposing one regulatory framework for trading, lending and staking digital assets

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❕ US PPI* falls to 2.6% — lower than expectations

* — Producer Price Index.

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🔖🔖⬜️🔖 to $113,488

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🔝 BNB hits new ATH

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🔥 Binance teams with $1.6-trillion asset manager Franklin Templeton on tokenization push

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⭐️ Major App shares staking progress

Since the launch of staking, users have staked 7,000,000 $MAJOR — equal to 7% of the total supply. Almost 300,000 $MAJOR have been already earned in rewards by now.

Staking will remain open until October 15 only.

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🔥 Just Fun Fact: A Bitcoin Lightning payment was just sent over satellite in outer space

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🔥 JPMorgan says institutional adoption for crypto is still in early phases

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🔥 Avalanche is looking to raise $1 billion for Digital Asset Treasury companies

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🔥 Hong Kong has proposed easing capital rules for banks that hold crypto

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🔝 South Korea will lift restrictions preventing crypto firms from obtaining venture company status

Starting September 16, this change will give them access to tax breaks and broader financing support.

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🔥 Altcoin Season Index jumps to 67 from 29 last month

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🔝 Forward Industries raised $1.65 billion to create Solana treasury

🔄 Earlier: Forward Industries announces $1.65B private placement in cash and stablecoin.

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❕ US CPI Inflation (August):

• m/m: +0.4% (cons: +0.3% / prev: +0.2%)
• y/y: +2.9% (cons: +2.9% / prev: +2.7%)

🔜 How does CPI impact the crypto market? Find out in our exclusive post: Read now

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🔥 Bitwise: Roughly 1 out of every 14 people on the planet own crypto right now.

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🔝 S&P 500 Index hits new ATH

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🔖🔖⬜️🔖 to $115,101

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🔖🔖⬜️🔖 to $237.45

🔝 Solana’s market cap hits a new ATH of over $126B.

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💲 Tether just minted 1,000,000,000 USDT

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❕ Coinbase: Crypto treasury ‘easy money’ era ends, but that may be good for crypto

Crypto treasury firms will need to do more than copy Strategy’s playbook to thrive as the market matures, and that competition could boost crypto markets.

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