[Federal Reserve Board Nominee May Assume Office Before September Meeting] U.S. Treasury Secretary Besent stated that Federal Reserve Board nominee Milan might officially take office before the September Federal Reserve meeting.
[South Korea to Launch Global Information Sharing Mechanism for Crypto Asset Transactions] The South Korean government plans to share crypto asset transaction information with global tax authorities to enhance tax transparency and combat cross-border tax evasion. According to reports, South Korea's Ministry of Economy and Finance will issue an administrative notice this month regarding the implementation of the 'Crypto-Asset Reporting Framework' (CARF). CARF is a system jointly established by 48 countries, including the United Kingdom, Germany, and Japan, aimed at preventing offshore tax evasion through the annual automatic exchange of virtual asset transaction data between countries. Crypto exchanges within South Korea, such as Upbit and Bithumb, will be included in the information-sharing scope, covering transaction data of non-resident investors. Additionally, starting next year, transaction records of South Korean investors on overseas crypto exchanges will also be shared with the National Tax Service of South Korea.
[‘Unlock’ ENA to unlock 170 million tokens, accounting for 1.146% of total supply] ENA will unlock 170 million tokens today, valued at approximately $110 million, accounting for 1.146% of total supply. The current circulating supply is 5.13 billion tokens, with a total supply of 15.0 billion tokens.
[EU Regulators Warn: Tokenized Stocks May Mislead Retail Investors] According to Cryptoslate, Natasha Cazenave, Executive Director of the European Securities and Markets Authority (ESMA), stated that tokenized stocks, as a new type of digital asset, are priced based on the stock prices of listed companies but may create a false perception of ownership among investors, thereby undermining market confidence. Cazenave warned that many tokenized stock products currently being promoted in the EU do not grant investors actual shareholder rights, such as voting rights or dividend distribution rights. She noted that due to the lack of transparency in how these assets are presented, retail investors might mistakenly believe they own company stocks when, in fact, they do not. Cazenave emphasized that while tokenization offers features such as fractional trading and 24/7 market access, the absence of ownership rights poses "specific risks of investor misunderstanding." Proponents argue that tokenization can drive financial modernization by reducing costs and broadening access to assets (ranging from stocks and bonds to real estate). Cazenave acknowledged this potential but pointed out that most existing projects are currently small in scale, lack liquidity, and fall far short of delivering the efficiency gains claimed by supporters.
BlockBeats News, September 2, according to a report by the *Financial Times*, the Trump family has been criticized by Democrats and others for their involvement in cryptocurrency. U.S. Senator Elizabeth Warren and Representative Maxine Waters previously wrote in a letter: 'The Trump family's financial holdings in World Liberty Financial constitute an unprecedented conflict of interest.' They added that this creates a 'clear incentive' for the Trump administration to direct regulatory agencies, including the Securities and Exchange Commission (SEC), to adopt positions favorable to cryptocurrency interests, which would directly benefit the president's family.
According to data from Onchain Lens, two addresses have received a total of 185,000 ETH, with a total value of approximately $798 million based on the current price. Among them, address 0x9f1 received 175,000 ETH, valued at approximately $754 million; address 0x7d9 received 10,000 ETH, valued at approximately $43.09 million. The specific identities of these two wallets have not yet been confirmed.