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HTX DAO Ambassador Molly: Continuously improve the ecological mechanism, promote community nodes and on-chain ecological construction

On the evening of October 6, HTX DAO Ambassador Molly stated at the HTX DAO "Night of the Future" event held in Singapore that HTX DAO is continuously investing in three directions: ecological mechanisms, community building, and on-chain ecology. By continuously optimizing the token economic mechanism, expanding ecological application scenarios, and advancing relevant ecological initiatives according to established mechanisms, a solid foundation for long-term ecological development is being laid.Regarding community building, Molly revealed that HTX DAO plans to promote the construction of regional community nodes in the fourth quarter, supporting community members to organize activities, participate in exchanges, and co-build community culture. Currently, the number of active volunteers participating in community building has approached 200, and there are plans to further expand community participation in the future. In terms of on-chain ecology, HTX DAO is attracting developers from global universities to participate through hackathons and other means, with several projects currently in further incubation or advancement stages, exploring integration with $HTX ecological application scenarios.Molly emphasized that ecological construction requires long-term investment. HTX DAO will continue to improve infrastructure, cultivate active communities, and promote the implementation of ecological applications. She also stated that as one of the participants in the HTX DAO ecosystem, Huobi HTX is also continuously optimizing user experience, including optimizing withdrawal fees, collecting user feedback, and improving the App usage experience, to better respond to user needs and market changes.

Sun Yuchen appeared in a video at HTX DAO "Night of the Future": AI and digital finance integration, promoting the free flow of value in the digital world

On the evening of October 6, HTX DAO's "Night of the Future" was held in Singapore. HTX DAO core supporter Sun Yuchen stated via video that the cryptocurrency industry is deepening its connection with traditional finance, promoting the continuous digitization of global financial infrastructure; AI is changing the way wealth is created, while Crypto and digital finance are altering the ways wealth is held and flows.Sun Yuchen pointed out that stablecoins are expected to play a more important role in global payments and settlements, and the on-chain applications of traditional assets such as bonds, funds, and gold will continue to be explored. After AI Agents enter economic activities, there will be further demand for identity, accounts, and independent trading capabilities. He emphasized that the long-term value of technology lies in its transformation into real productivity, and "the free flow of value in the digital world" is the trend he is most concerned about for the next decade, hoping that blockchain will enhance the accessibility, convenience, and efficiency of financial services.This event further strengthened the communication between HTX DAO and global communities and industry builders. HTX Ventures will appear at TOKEN2049 from October 7 to 8, with a booth located at PB5-47&48. From October 6 to 8, HTX DAO will also host several invitation-only events such as reunions and VIP private dinners.

U.S. CFTC: The latest proposed rule notice aims to establish a framework for the cryptocurrency spot market using existing authority

According to crypto journalist Eleanor Terrett, the latest Advance Notice of Proposed Rulemaking (ANPRM) released by the U.S. Commodity Futures Trading Commission (CFTC) attempts to utilize its existing authority to establish a market structure framework for spot trading in the crypto space. This framework will be built upon the existing DCM, DCO, and FCM registrations and create a new category called "crypto asset market."A significant difference from the Clarity Act is that the CFTC proposal is exploring a voluntary federal exchange registration pathway: spot exchanges that do not offer leverage can choose not to join this framework and continue to hold state money transmission licenses. Former CFTC Chairman Giancarlo stated that this provides exchanges with a "clear, voluntary single federal rulebook pathway" when customers trade using borrowed funds, and noted that the CFTC is acting within the authority granted by Congress in 2010, supported by court rulings recognizing assets like Bitcoin as commodities.Several lawyers have stated that this ANPRM is a "clever" or "creative" interpretation of Section 2(c)(2)(D) of the Commodity Exchange Act, potentially covering retail crypto spot trading that offers leverage, margin, or financing, even if customers do not actually use leverage. The proposal also addresses "actual delivery" under Section 2(c)(2)(D), seemingly focusing on whether customers own/control the assets rather than merely relying on the book records of a pooled account. However, the proposal still leaves significant questions regarding customer asset bankruptcy protection. Comments must be submitted within 60 days after the proposal is published in the Federal Register.
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