The European Securities and Markets Authority proposes to extend MiCA rules to areas such as DeFi gateways

Bitcoin briefly rose to $85600 on Wednesday after lower than expected personal consumption expenditure (PCE) inflation data for August in the United States, before falling back to $84350. The derivatives market cleared $55 million in short orders and $27 million in long orders within four hours of the data release. (Source: Bitcoin.com News)

The Chairman of the US Securities and Exchange Commission, Atkins, stated that the agency is committed to providing regulatory clarity for cryptocurrency and digital finance innovation. （Watcher.Guru）

The cryptocurrency industry spent $13 million on lobbying in the first half of this year, with the largest portion going towards promoting the Clarity Act, which has not made progress in the US Senate. Coinbase leads related lobbying expenditures, with multiple cryptocurrency companies and industry associations hiring lobbyists, and the industry paying millions of dollars in service fees to at least 42 external professional organizations.

In the first half of this year, the sector poured millions into lobbying, with most of it tied to pushing the U.S. market structure bill to a goal it never reached.

On October 1st, the Open Standard stablecoin OUSD was launched with a full chain supply of approximately 477 million coins within 2 hours, with a reserve asset of 477 million US dollars and an asset reserve coverage rate of 100%. Among the reserve assets, US treasury bond bonds accounted for 44.25%, about US $211 million; Cash in US dollars is approximately 266 million US dollars, accounting for 55.75%. The circulation supply of OUSD in Tempo network is 434 million pieces, with a cumulative transfer amount of 534 million US dollars.