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On August 26, the retrial date for Tornado Cash developer Roman Storm has been postponed to April 26, 2027, as his motion for acquittal is still awaiting a ruling. Previously, U.S. prosecutors had pus

Tornado Cash Co-Founder Roman Storm's Retrial Postponed to April 26, 2027

HTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Trending Token Price Prediction Challenge South Korea’s FSC to Introduce Digital Asset Bill in September with 20% Exchange Own

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 Trending Token Price Prediction Challenge

South Korea’s FSC to Introduce Digital Asset Bill in September with 20% Exchange Ownership Cap
South Korea’s Financial Services Commission (FSC) is set to submit a government proposal for the Basic Digital Asset Act in early September, according to a report from The Herald Business. The legislation, sponsored by Rep. Yoo Dong-soo of the ruling Democratic Party, who chairs the National Assembly’s Political Affairs Committee, aims to introduce a uniform ownership cap for major shareholders of virtual asset exchanges.

Key Provisions of the Proposed Act

The proposal is reportedly centered on applying the same major shareholder ownership cap to all virtual asset exchange operators, regardless of exchange size or market share. A 20% ceiling is being discussed as the base proposal for this cap, which has emerged as the biggest sticking point in the legislative discussions.

The FSC’s move is part of a broader effort to bring traditional financial companies, such as banks, into exchange governance. By imposing a 20% ownership limit, the regulator aims to prevent any single entity from dominating an exchange’s management, thereby enhancing transparency and accountability in the digital asset market.
Context and Implications
This legislative push comes amid South Korea’s ongoing efforts to establish a comprehensive legal framework for digital assets. The country has been a global leader in cryptocurrency adoption, and its regulatory actions are closely watched by market participants worldwide.
The proposed cap is expected to impact not only domestic exchanges but also foreign entities seeking to operate in South Korea. Traditional financial institutions, which have been cautious about entering the crypto space, may see this as an opportunity to participate in exchange governance without taking on excessive risk.


South Korea’s FSC to Introduce Digital

HTX 13th-Anniversary Carnival

According to Beating AI, two Chinese listed large model companies, MiniMax and Zhiyu AI, have reached historic highs in short positions. Data from S&P Global shows that 20% of MiniMax's shares are now

Record Short Selling Hits Hong Kong's 'AI Giants': MiniMax Short Ratio Reaches 20%

BitcoinWorldAster Launches TMX Perpetual Futures With $50K ASTER Trading Rewards Decentralized exchange Aster has expanded its derivatives offerings with the listing of perpetual futures for TMX, the 

Aster Launches TMX Perpetual Futures With $50K ASTER Trading Rewards

Nebraskans Set to Vote on Betting Markets With Kalshi Looming A Vote on a Market That Already Has Customers Secretary of State Bob Evnen’s office confirmed on Friday that the Online Sports Wagering Au

Nebraskans Set to Vote on Betting Markets With Kalshi Looming





A Vote on a Market That Already Has Customers

Secretary of State Bob Evnen’s office confirmed on Friday that the Online Sports Wagering Authorization Constitutional Amendment and the Online Sports Wagering Regulation Initiative had both qualified for the Nov. 3 ballot. Because they run separately, the state could authorize online wagering while rejecting the framework meant to govern it, or the reverse.


Nebraskans Set to Vote on Betting Markets With Kal

BitcoinWorldUpbit to Temporarily Halt ATOM Deposits and Withdrawals for Cosmos Network Upgrade South Korean cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawa

Upbit to Temporarily Halt ATOM Deposits and Withdrawals for Cosmos Network Upgrade

HTX Creation Challenge — Post and Win 1,500UZerohash back for second effort at OCC trust bank charter Zerohash, the crypto infrastructure company that serves high-profile partners such as Morgan Stanl

Zerohash back for second effort at OCC trust bank charter
Zerohash, the crypto infrastructure company that serves high-profile partners such as Morgan Stanley's E*Trade, BlackRock and Stripe, returned to the applicant pool for a U.S. banking charter after the federal regulator handed back its first effort.

The U.S. Office of the Comptroller of the Currency, which regulates and charters national banks and trust companies, had formally returned the Chicago-based firm's first application last month, meaning the effort had some material deficiencies. But Zerohash said it would be quickly starting a new application with a significantly narrower focus.

That trust application is now awaiting the OCC's review, and a public comment period is open until September 17. Many other crypto-native firms have recently received preliminary trust charters, and two were denied, but this is the only one returned.

A spokesperson for the company told CoinDesk earlier this month that they intended to refile again in August, but that it would be less ambitious and represent "a more focused approval of national trust activities aligned with our intended rollout timeline." However, neither Zerohash nor the OCC responded to requests for comment on this new effort.

Zerohash's earlier comments contended that the misfire on the first application was handled "in coordination with the OCC" and that it wasn't "a substantive decision on the merits of our application."

The company is already a state-chartered trust bank and handles crypto infrastructure needs for several major financial firms, including Franklin Templeton, Stripe, Interactive Brokers and DraftKings.

Zerohash is also involved in a California wrongful termination court case in which its former chief compliance officer claims he was fired after uncovering several compliance problems.

Read More: Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank




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Zerohash back for second effort at OCC trust bank

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500UThe Solana community has begun voting on two token economy governance proposals, focus

The Solana community has begun voting on two token economy governance proposals, focusing on accelerating SOL inflation and introducing a new mechanism for charging based on resource consumption. Early on-chain data indicates both proposals currently have high support, but debates surrounding validator revenue, developer costs, and application design space are also intensifying.

Both proposals are being voted on simultaneously.

SGP-002, proposed by a Helius member, aims to double the rate of SOL deinflation, enabling the network to reach a long-term inflation level of 1.5% sooner. According to the proposal, this goal would be achieved approximately three years earlier than originally planned.

SGP-003, proposed by a Temporal member, plans to introduce a resource fee mechanism. This mechanism will charge higher fees based on program complexity and resource consumption, aiming to incentivize applications to improve execution efficiency and strengthen the value accumulation of SOL.

Both proposals will continue until epoch 1024, roughly around September 28th.  Current on-chain voting shows that while there's still a gap to reach the 33% staking participation threshold, over 96% of the early votes supported both proposals.

Resource Fees Spark Developer Disagreement

Regarding SGP-003, opposition primarily comes from application developers. Eugene Chen, CEO of Ellipsis Labs, stated that resource fees could make Solana a "worse environment" for application deployment. In his view, if fees increase with program complexity, some complex applications will be squeezed out due to increased costs, and developers may reduce innovative designs.

Manifest also opposes the proposal. The team believes that resource fee mechanisms might favor certain architectures and force developers to write more complex code, leading to higher on-chain security risks.


Howev

The Solana community has begun voting on two token

According to Beating AI, two Chinese listed large model companies, MiniMax and Zhiyu AI, have simultaneously reached historic highs in short positions. Data from S&P Global shows that 20% of MiniMax's

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Crypto greed gauge hits highest since just before October’s $19 billion wipeout Crypt

Crypto greed gauge hits highest since just before October’s $19 billion wipeout

Crypto traders have swung from fear to greed in less than a fortnight.

The widely watched Crypto Fear & Greed Index reached 74 on Tuesday, up from 27 on Aug. 12, before easing to 65 on Wednesday. It spent every day from late July through Aug. 19 in fear territory, dipping to 25 on Aug. 6, which the index classifies as “extreme fear.”

The gauge scores market mood from zero to 100 by blending bitcoin's volatility and trading momentum — which carry most of the weight — with social media activity, bitcoin's share of total crypto value and Google search interest. Anything above 50 counts as greed.

As such, it measures what traders are doing now rather than forecasting what happens next.

Data shows the index last sat this high on Oct. 5, 2025, five days before the crash that forced roughly $19 billion of leveraged positions to close in a single session, still the largest such event on record.

The shift in sentiment has come with gains across the market. Bitcoin climbed from below $68,000 last week to nearly $80,000, while some major tokens added as much as 70% as traders turned back toward the so-called debasement trade after months in which speculative attention had been dominated by AI, memory chips and semiconductor stocks.

Further down the market the moves are larger still. Dogecoin has gained about 24% over the past week. Smaller memecoins have run far harder, with Thinking Cat up 131% over seven days, Cash Cat 113% and Dog (Bitcoin) close to doubling.

Money moving into thinly traded tokens like these is a strong indication of risk appetite returning, and such high readings can indicate investors are getting carried away and that the market may be due a correction.

The next test comes Friday, when Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote as chair. Markets are looking for clues on rates and inflation after weeks of volatility in long-term Treasury 

Crypto greed gauge hits highest since just before

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