Daily Digital Money Update Summary (2025-09-26)

1. Citibank raises stablecoin forecast: by 2030, the scale may reach $4 trillion, but the potential for bank tokens is even greater.

2. U.S. regulators investigate unusual trading ahead of cryptocurrency strategies from multiple companies.

3. The Chairman of the U.S. SEC responds to conflicts of interest in the cryptocurrency industry, emphasizing that law enforcement will be conducted in accordance with the law.

4. Hashdex Nasdaq Crypto Index US ETF is now live on Nasdaq.

5. Hong Kong Securities and Futures Commission: Beware of the unlicensed trading platform named "BiyaPay".

6. Chow Tai Fook's co-CEO Zheng Zhiming clarified: The board currently has no plans to develop Digital Money or stablecoins.

7. Ning某某 was punished for generating a false article titled "Bitcoin Female Official" using AI.

8. Brazilian police crack down on money laundering gangs using cryptocurrency, freezing over 30 wallets.

9. BlackRock registers Bitcoin Premium Yield ETF in Delaware.

10. Cloudflare plans to launch the dollar-backed stablecoin NET Dollar for artificial intelligence network transactions.

11. The listed company Scilex has completed a transaction to exchange $200 million worth of Bitcoin for stock.

12. French investment company Melanion plans to raise 50 million euros, all of which will be used to purchase Bitcoin.

13. Circle is researching reversible transactions to help recover funds in cases of fraud and hacking incidents.

14. Binance: The XPL token airdrop will be distributed in two phases, with the first phase requiring a threshold of 200 Alpha points.

15. Nine European banks plan to jointly launch a MiCA-compliant euro stablecoin.
Today's recommendation: CRO
Reason: The pullback is expected to be nearly over, paving the way for a new round of increases.