digital

According to The Block, STS Digital CEO Maxime Seiler stated that there is a divergence between cryptocurrency asset prices and institutional adoption. He said, "From a price perspective, we are still in a crypto winter, but from the institutional side, we have entered a summer."Seiler noted that institutions are more focused on adopting underlying technologies, and funds do not necessarily flow into tokens, so technological adoption has not yet been fully reflected in coin prices. He also pointed out that the Bitcoin futures basis has converged from an annualized 20%-30% during the 2021 cycle to close to the risk-free rate, and it is more stable than in the previous cycle, partly because the channels for dollars entering and exiting the crypto market are deeper.

On August 18, 2026, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) aimed at clarifying how the current definition of "cash equivalents" applies to certain digital assets, such as stablecoins, and enhancing the transparency of disclosures regarding important components of cash equivalents. Stakeholders are encouraged to submit comments by November 19, 2026.In the 2025 FASB agenda consultation project and other feedback, stakeholders pointed out that there is uncertainty regarding whether certain digital assets, including stablecoins, meet the definition of cash equivalents under current Generally Accepted Accounting Principles (GAAP), leading to differences in practical treatment. The proposed ASU will provide illustrative examples to promote a more consistent application of this definition and enhance comparability among entities choosing to report qualifying digital assets as cash equivalents, but it will not change the current definition of "cash equivalents."At the same time, the proposed rules require all entities reporting assets as cash equivalents, regardless of whether they include digital assets, to enhance disclosures regarding the important components of cash equivalents and related amounts, so that investors and other financial statement users can obtain more transparent information. The relevant proposed ASU and methods for submitting comments can be found on the FASB website.

Circle CEO Jeremy Allaire stated that the new proposed accounting rules will provide a significant strategic boost to the adoption of digital dollars like USDC.He mentioned that, combined with the GENIUS Act, the FASB rules will enable USDC to be widely used by global enterprises and financial institutions, which is of great strategic importance.

The Central Cybersecurity and Informatization Commission issued the "Action Plan for Promoting High-Quality Development of Internet and Information Enterprises (2026-2030)."It mentions strengthening the construction of cyber rule of law. Actively carry out forward-looking research on legislation in the field of internet and information. Accelerate the legislative process in emerging areas such as artificial intelligence, anti-cyber violence, digital economy, online platforms, and blockchain.Promote the revision of the "Internet Information Service Management Measures," improve the legal system for internet information service management, "self-media" management, and algorithm governance. Advance the formulation of the Telecommunications Law, Cybercrime Prevention Law, and Cybersecurity Level Protection Regulations, and improve the supporting regulations for the "Regulations on the Protection of Minors Online" and "Regulations on the Management of Cyber Data Security."Standardize administrative inspections involving internet and information enterprises, minimizing interference with the normal production and operational activities of internet and information enterprises. Improve supervision and law enforcement measures that adapt to the new characteristics of internet development governance, and severely crack down on illegal and irregular activities online.

First Digital CEO Vincent Chok tweeted in response to Sun Yuchen's comments about FDUSD in a post related to the WLFI lawsuit, stating that the content is false. Especially since no evidence has been presented in court by Sun Yuchen in the 16 months since the relevant accusations were made.Previously, First Digital filed a defamation lawsuit against Sun Yuchen in Hong Kong in April 2025, and the case is still under review.

Japan's financial regulatory agency has approved Laser Digital Japan to register as a cryptocurrency asset trading service provider, becoming the first new entrant to obtain this license in Japan in nearly four years, marking the acceleration of institutional-level digital asset services entering the Japanese market. Laser Digital stated that initially, it will provide liquidity services for local virtual asset service providers in Japan, with plans to further launch digital asset trading services aimed at institutional investors in the future, although the specific launch time and scope of services have not yet been announced.Laser Digital is supported by one of Japan's largest investment banks, Nomura Holdings. Co-founder and CEO Jez Mohideen stated that the Japanese digital asset market is entering a new stage of development, and as institutional investor interest increases, the market needs more reliable trading counterparts and infrastructure. Previously, a survey of institutional investors conducted by Nomura and Laser Digital showed that 79% of respondents plan to invest in cryptocurrency assets within the next three years. This regulatory approval comes at a time when Japan is advancing cryptocurrency asset regulatory reforms. Japan has previously reclassified cryptocurrencies as financial assets, establishing a legal basis for the future launch of cryptocurrency asset ETFs and the implementation of an independent tax system, with related new regulations expected to take effect in 2027. Laser Digital's Executive Chairman Steve Ashley stated that global institutional investors are increasingly focusing on the digital asset market and seeking professional infrastructure that meets institutional needs.

According to BBX data, yesterday global US stock, Japanese stock listed companies, and mining companies disclosed the latest official accounts regarding digital asset treasury allocation, increases, and second-quarter financial data. The core updates are as follows:Solana treasury company Solmate increased its holdings by 1,000 SOL: Nasdaq-listed Solana treasury company Solmate Infrastructure PLC (NASDAQ: $SLMT) officially announced that the company increased its holdings by approximately 1,000 SOL on August 20, 2026. As of that day, the company had accumulated approximately 1.25 million SOL, with the total value of SOL holdings reaching approximately $102.2 million.Remixpoint increased its holdings by 9.96 bitcoins, total holdings surpassed 1,500: Japanese Bitcoin treasury listed company Remixpoint announced that it has again increased its holdings by 9.96 bitcoins in the secondary market. Following this increase, the company's total Bitcoin holdings have officially risen to 1,501.27 BTC.Ionic Digital (NASDAQ: $IOND) released Q2 financial report, AI computing revenue proportion surged to 90%: Nasdaq-listed company Ionic Digital announced its second-quarter financial report for 2026. The company's total revenue for Q2 reached $48.6 million (a year-on-year increase of 31%), with digital infrastructure leasing (AI/HPC) revenue accounting for as much as 90%, completely transforming the business structure that relied almost entirely on Bitcoin mining in the same period last year (mining revenue dropped from $37.2 million to $4.8 million). The net loss for the quarter was $35.3 million (mainly affected by a $28.2 million non-cash fair value change loss on Bitcoin and income tax provisions), and adjusted EBITDA was $37.6 million. As of the end of the quarter, the company held $415.7 million in cash and 2,882 bitcoins (worth approximately $168.7 million).DCG's Fortitude mined over 33,000 ZEC in Q2: Digital Currency Group's Zcash miner Fortitude announced its operational performance for the second quarter. The company's total revenue for the quarter was $20.9 million, adjusted EBITDA was $8.5 million, and net loss was $9.5 million. In terms of core mining operations, approximately 33,646 ZEC were mined during the quarter, with average operational hash rate stable at 4.0 GSol/s.

According to The Block, Nasdaq-listed company Eightco Holdings (NASDAQ: ORBS) announced that it has repurchased approximately 14 million shares of its stock in the past two weeks. Currently, the company's treasury assets are approximately $389 million.According to the company's disclosed data, Eightco's current treasury mainly includes approximately 302 million WLD (Worldcoin) tokens, 16,278 ETH, an indirect OpenAI equity exposure of about $90 million, and an equity investment in Beast Industries valued at approximately $18 million.Eightco previously stated that the company is building an asset allocation system around three major trends: artificial intelligence, digital identity, and the creator economy. Among them, the WLD holdings are an important part of its digital identity strategy, with the amount of WLD held by the company accounting for about 8% of the circulating supply, making it one of the larger holdings among publicly disclosed institutions.

Interstice Digital, a U.S. digital asset infrastructure company, announced a partnership with digital asset prime broker FalconX to launch a non-custodial cross-chain exchange engine, the Cross-Chain Swap Engine, connecting Solana, Robinhood Chain, and Ethereum to the public permissionless blockchain Canton Network built for capital markets, and listed as a Canton selected application. The engine aims to bridge the Canton institutional-grade market infrastructure with major liquidity pools on the retail side.Interstice Digital CEO Janine Yorio stated that the creation of this engine is to help connect Solana, Ethereum, and Robinhood Chain with the growing Canton ecosystem, mentioning that the ecosystem has over $90 trillion in tokenized RWA liquidity each month. FalconX's head of trading strategies, Hassan Bassiri, said that as institutional demand for digital assets rises, infrastructure that allows for frictionless capital movement across ecosystems is crucial. The engine is supported by compliance and infrastructure partners such as Trulioo, TRM Labs, CertiK, Canton Strategic Holdings, and MPCH. Interstice Digital is a subsidiary of Everyrealm Inc.

According to market news, Ant Group plans to sell 3% of its shares in the Indian digital payment and fintech company Paytm for $309 million.

According to ChainCatcher information, in a recent LinkedIn post by Gate Europe CEO Dr. Giovanni Cunti, as digital assets, online banking, digital payments, and tokenized financial products continue to develop, digital identity is gradually becoming the core infrastructure connecting users with financial products and services, moving away from traditional compliance processes such as KYC and risk assessment. In the face of users' dual demands for efficient access to financial services and the security of personal information, the industry needs to enhance service efficiency while also considering security, privacy, and trust. The next generation of identity infrastructure should go beyond a single verification function, incorporating security, privacy, compliance, and user experience into a unified framework. This can reduce unnecessary operational costs, such as redundant information submissions, through reliable identity verification, while also enhancing transparency and protection regarding the collection, storage, and use of personal data.Dr. Giovanni Cunti further pointed out that regulatory standards are also the cornerstone of building a digital financial trust system. For digital asset platforms, as business expands from cryptocurrency trading to stablecoins, tokenized assets, payments, and multi-asset financial solutions, the importance of trustworthy infrastructure continues to rise. Gate Europe has completed the dual licensing layout of MiCA and PI under the regulation of the Malta Financial Services Authority (MFSA) and emphasizes that secure access, robust compliance processes, and responsible handling of user information are key conditions for promoting the long-term development of financial services. Digital identity is becoming an important part of the financial ecosystem, and Gate Europe will continue to explore more possibilities in diverse financial scenarios, bringing users a more convenient and reliable digital financial service experience, and helping accelerate the integration of global financial markets.

The Central Bank of Russia has released a regulatory draft proposing to include digital currencies in the asset scope for calculating capital adequacy ratios and other prudential regulatory indicators for professional participants in the financial market, applicable to institutions such as brokers, asset management companies, forex traders, and cryptocurrency exchanges.The draft stipulates that relevant institutions may only include cryptocurrencies approved for circulation on exchanges when calculating their own funds, with their value not exceeding 25% of the total assets included in the calculation, and they must be registered and held by a crypto custody institution. The Central Bank of Russia stated that this move aims to incorporate the risks of crypto assets into capital regulation and enhance the financial stability of financial intermediaries.

To implement the decision-making deployment of the "14th Five-Year Plan" regarding the "steady development of digital renminbi" and to further enhance the inclusiveness of digital renminbi services, continuously responding to the public's demand for safe, convenient, and efficient digital renminbi services, the People's Bank of China has added Ping An Bank, Hengfeng Bank, Bohai Bank, Shanghai Bank, Hangzhou Bank, Huishang Bank, Changsha Bank, and Guangxi Beibu Gulf Bank as operational institutions for bank-related digital renminbi services, and has connected to the central bank's digital renminbi system.The newly added institutions will commence digital renminbi operations after completing business and technical preparations. Currently, the number of operational institutions for digital renminbi services has expanded to 30. In the next step, the People's Bank of China will orderly promote the expansion of operational institutions according to market-oriented and rule-of-law principles, further stimulating the enthusiasm and creativity of market entities, and building an open, inclusive, and fair competitive environment for the development of digital renminbi.

Strategy founder Michael Saylor stated that Bitcoin has fallen 47% over the past year, while Strategy's digital credit tools have performed between a decline of 27% to an increase of 9% during the same period, with STRC increasing by 9%.Saylor mentioned that financial engineering can transform the highly volatile "digital capital" into financial instruments designed to provide returns, enhance stability, and reduce downside risk.

Founder of Strategy, Michael Saylor, stated that Bitcoin integrates computers, digital networks, and cryptography to create the first currency network in human history designed in a digital manner. It completely dematerializes monetary assets, with supply controlled by public protocols rather than decisions, transforming economic value into information that can be securely transmitted across global communication networks.Compared to gold, Bitcoin is harder to inflate, easier to integrate with software, faster in transmission, and every participant has the incentive to maintain network security. The proof-of-work mechanism anchors it in the physical world, making the cost of tampering with history high by consuming real energy for ledger security, attracting miners, energy providers, and investors to collaboratively build a defense system. Bitcoin is digital gold, but understanding it as digital currency is more fitting.The Bitcoin network is not static software; it is an adaptive system composed of miners, nodes, developers, capital, and users. Bitcoin deliberately maintains functional simplicity, focusing solely on maintaining a secure and reliable ledger of scarce digital assets, leaving complexity to higher-level applications.This layered design of underlying integrity and upper-level functionality allows it to serve as a foundation for transmitting monetary energy across time and space while supporting continuous innovation in payments, credit, and financial services.The more profound impact is that Bitcoin creates a new form of digital sovereignty: private keys empower individuals to control economic energy without permission, with ownership verified by mathematics rather than institutions. Companies, banks, trusts, and applications can build a complete economic system around it, and social networks can introduce real costs and responsibilities into the digital space.Gold monetized physical scarcity, while Bitcoin monetizes digital scarcity. It is not merely a payment tool but an engineering solution to humanity's problems of energy preservation and guidance—currency is energy, and Bitcoin is the currency energy of the digital age.

According to Ledger Insights, Africa Finance Corporation issued digital bonds worth 350 million Swiss francs (approximately 431 million USD) through the SDX platform of the Swiss Stock Exchange (SIX). This marks the first time an African institution has issued digital bonds through a Central Securities Depository (CSD) and an exchange.The five-year bond has a coupon rate of 1.4925% and is one of the larger digital bonds on the platform, although UBS had previously issued bonds worth 375 million Swiss francs in 2022. This transaction was arranged by Commerzbank AG (technical lead) and Deutsche Bank.

The digital financial platform ABFinance, founded by former Bybit co-CEO Helen Liu, announced on platform X that its original launch plan will not continue, and the project is currently undergoing an orderly shutdown and liquidation arrangement.The team expressed heartfelt gratitude to the participants, community members, and partners who have built together for their trust, support, and recognition, and thanked them for the direction previously pursued together.