Financial Times: Trump Family Criticized by Democrats for Involvement in Cryptocurrency

[ECB Schnabel: Global Interest Rate Hikes May Arrive Earlier Than Expected] Golden Finance reported that European Central Bank Executive Board member Schnabel stated that global interest rate hikes might arrive earlier than people anticipate. (Jin10)

[Bank of Japan Deputy Governor: If it is clear that the impact of U.S. tariffs on Japan's economy will not materialize, this will be favorable for a rate hike] Golden Finance reported, Bank of Japan Deputy Governor Masazumi Wakatabe: If it is clear that the impact of U.S. tariffs on Japan's economy will not materialize, this will be favorable for a rate hike. (Jin10)

[Bunni Protocol Attacked, $2.3 Million Loss on Ethereum Network] BlockSec Phalcon monitoring data shows a suspicious transaction targeting the Bunni Protocol contract on the Ethereum network, resulting in a loss of approximately $2.3 million. Details of the incident have not yet been fully disclosed, and relevant parties may be conducting further investigations.

[Upbit to Suspend Deposit and Withdrawal Operations for XLM and AQUA] Due to the Stellar Network upgrade, Upbit will suspend deposit and withdrawal operations for XLM and withdrawal operations for AQUA starting from 18:00 (Hong Kong Time) on September 3, 2025. The resumption time will be announced separately after stability is confirmed. Users are advised to complete relevant operations in advance to avoid delays or inability to recover funds.

[India to Follow OECD's Global Crypto Tax Reporting Rules Starting April 2027] According to a report by Jinse Finance, Bitinning founder Kashif Raza posted on the X platform stating that India will follow the OECD's (Organization for Economic Co-operation and Development) global cryptocurrency tax reporting rules starting April 2027. India will implement the OECD's Crypto-Asset Reporting Framework (CARF); Overseas cryptocurrency holdings of Indian residents will be taxed; India will sign a new global tax information-sharing agreement (MCAA) next year; Cryptocurrencies will require a separate agreement (the previous 2015 agreement only applied to bank accounts).