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#打榜优质内容# crypto world major events
Cryptocurrency news
1 Non-farm data confirms the softening of the labor market, laying the groundwork for the Federal Reserve to cut interest rates this month. On September 5, according to Jin Ten Data, U.S. job growth slowed significantly in August, with the unemployment rate rising to 4.3%, confirming that the labor market is weakening and laying the groundwork for the Federal Reserve to cut interest rates this month. The employment report released by the U.S. Bureau of Labor Statistics on Friday showed that non-farm payrolls in August increased by only 22,000, compared to an expectation of an increase of 75,000, while the non-farm employment figures for July were revised up to an increase of 79,000. Additionally, the non-farm payrolls for June were revised down by 27,000 from an increase of 14,000 to -13,000. The non-farm payrolls for July were revised up by 6,000 from an increase of 73,000 to 79,000. After revisions, the total number of new jobs added in June and July was 21,000 lower than before revisions.
2 SEC proposes safe harbor for cryptocurrencies and reforms broker-dealer rules On September 5, the U.S. Securities and Exchange Commission (SEC) proposed a safe harbor for cryptocurrencies and reforms to broker-dealer rules. The proposed rule changes could impact the SEC's guidelines on broker-dealers, custody, and reporting, potentially allowing cryptocurrency companies to operate in the U.S. with less regulatory scrutiny and reducing the risk of facing legal action. The proposed rules include amendments to the Securities Exchange Act to 'consider trading crypto assets on alternative trading systems and national securities exchanges,' as well as modifications to the 'Broker-Dealer Financial Responsibility Rules,' which may alleviate the reporting burdens on cryptocurrency companies. Although the impact of each proposal on the cryptocurrency industry varies, many proposals suggest that the commission will continue to soften its enforcement approach, establish safe harbors, and restructure existing regulations to benefit relevant crypto projects. Paul Atkins stated, 'This agenda encompasses potential rule proposals related to the issuance and sale of crypto assets to help clarify the regulatory framework for crypto assets and provide greater certainty for the market. We are retracting a series of initiatives from the previous administration that do not align with the goal of regulation being smart, efficient, and appropriately calibrated within statutory authority.'
3 EC and CFTC will discuss introducing perpetual contracts to the US domestic market, DeFi innovation exemptions, and other topics.
On September 5, according to an official announcement, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement, announcing that they will hold a roundtable on September 29, 2025, to discuss regulatory coordination to support innovative products such as cryptocurrencies, decentralized finance (DeFi), prediction markets, perpetual contracts, and portfolio margin trading. Both agencies stated that as the securities and commodity derivatives markets increasingly converge, coordinating the regulatory framework and reducing regulatory gaps is crucial for market innovation. The previously released joint statement on spot cryptocurrency asset products is only the first step; the SEC and CFTC will explore unified definitions of products and trading venues, simplify reporting and data standards, coordinate capital and margin requirements, and utilize innovative exemption mechanisms to provide a clear and predictable regulatory environment for innovators and investors. The meeting will also discuss expanding trading hours, the localization of prediction market contracts and perpetual contracts in the U.S., cross-product portfolio margining, and DeFi innovation exemptions. The two agencies may consider taking simultaneous actions to introduce perpetual contracts that meet investor and customer protection standards into the U.S. domestic market, potentially allowing these products to be traded on platforms regulated by the SEC and CFTC. Both agencies stated that this move aims to encourage the U.S. market to attract the return of innovative products while protecting investor interests and maintaining the U.S.'s leading position in the global cryptocurrency and blockchain technology field.
4 The President of Belarus Calls for Establishing a Cryptocurrency Regulatory Mechanism
On September 5, according to the Belarusian National News Agency, President Lukashenko emphasized at the Digital Token Development Conference on September 5, 2025, that transparent rules and effective regulatory mechanisms must be established for the cryptocurrency sector. He pointed out that the sector is currently mainly regulated by high-tech parks according to the "Regulation No. 8 on the Development of the Digital Economy," but a review by the National Regulatory Commission found issues such as financial operation violations and outflow of investment funds. Lukashenko called for clarifying the responsibilities of government agencies and high-tech parks in cryptocurrency regulation and for new legislation to ensure national financial security while attracting domestic and foreign investors to develop their businesses in Belarus's digital economy safely.
5 HSBC: Hong Kong may have RMB stablecoin in the future, with some large state-owned enterprises actively exploring stablecoin applications. On September 5, according to the Hong Kong Economic Journal, Liu Jing, Chief Economist for Greater China at HSBC Global Research, stated that the Governor of the People's Bank of China, Pan Gongsheng, mentioned the establishment of an international operation center for digital RMB during a speech at the Lujiazui Forum in June, while some large state-owned enterprises are actively exploring stablecoin applications. Chinese enterprises often face local currency volatility risks and lack hedging tools when investing in emerging markets along the Belt and Road, which may lead these companies to explore issuing their own RMB stablecoins to assist in investing in emerging markets. Liu Jing pointed out that once multiple Chinese enterprises issue RMB stablecoins, digital RMB may become an intermediary connecting various RMB stablecoins, which will help expand the international usage scale of RMB.
On September 5, Bh's European subsidiary obtained a MiCA license in Germany. According to CoinDesk, the cryptocurrency trading platform Bh's European subsidiary has obtained a license under the Markets in Crypto-Assets (MiCA) regulations in Germany. Bullish Europe has received this license from the Federal Financial Supervisory Authority (BaFin) of Germany, having previously obtained a crypto brokerage and custody license from the same regulatory body. She further stated that Hong Kong, with its cooperation with the mainland in the field of digital yuan and the newly introduced stablecoin legislation, may become the first location for the issuance of a yuan stablecoin. If a yuan stablecoin emerges in Hong Kong in the future, it is expected to be applied more in corporate payment scenarios, especially in cross-border payments.
7 Nasdaq-listed company CIMG signs Memorandum of Understanding (MOU) with CP to jointly create a new ecosystem for RWA. On September 5, Nasdaq-listed company CIMG (stock code: IMG) announced that it has signed a Memorandum of Understanding (MOU) with cryptocurrency exchange CP to establish a deep strategic cooperation intention. The two parties will integrate CIMG's resources in capital compliance with CP's Web3 technological advantages to jointly explore the commercialization of Web3 technology in areas such as RWA finance and the tokenization of US stocks, accelerating the global layout of the digital financial ecosystem.
On September 6, according to market news, the draft bill from the U.S. Senate Banking Committee will exclude staking, airdrops, and decentralized entity infrastructure networks from securities laws.
News on macroeconomic policies
1 The Democratic Party will push for a vote in the coming weeks to overturn Trump's tariffs. On September 5th, according to Jinshi Data, Senate Democratic leader Schumer cited Friday's employment report and stated that the Democrats would promote a vote in the coming weeks to overturn Trump's import tariffs.
2 On September 6, President Trump signed an executive order to adjust the scope of tariff policies, according to a White House statement. The executive order adjusts the scope of import tariffs and implements a trade and security framework agreement with foreign trade partners. The executive order stipulates that after reaching a framework agreement or final agreement with foreign trade partners, the United States may adjust tariffs according to the content of the agreement, including reducing the equivalent tariffs on certain goods to zero. However, the tariff scope is usually not narrowed or modified regarding the related tariffs under Section 232 (tariffs on steel and aluminum derivatives) before the final agreement is signed. Goods eligible for zero equivalent tariffs include products that cannot be produced in the United States or are produced insufficiently to meet domestic demand, certain agricultural products, aircraft and parts, as well as non-patented items used in pharmaceuticals.