Important news:
- The SEC and CFTC will jointly host a regulatory coordination roundtable on September 29;
- Ronin Treasury plans to launch a RON token buyback on September 29th;
- Falcon Finance will open FF token redemption at 8:00 PM on September 29th, and Binance will launch FF spot trading.
- FTX will pay an additional $1.6 billion to creditors in the third bankruptcy distribution on September 30;
- Starknet will launch BTC staking functionality on the mainnet on September 30th;
- Sui (SUI) will unlock approximately 44 million tokens at 8:00 AM Beijing time on October 1st, accounting for 1.23% of the current circulating supply and worth approximately US$137 million.
- The U.S. Senate Banking Committee will hold a crypto tax hearing on October 1st.
- EigenCloud (EIGEN) will unlock approximately 36.82 million tokens at 12:00 noon Beijing time on October 1st, accounting for 13.77% of the current circulation and worth approximately US$66.6 million.
September 29
Policy supervision:
SEC and CFTC to jointly host regulatory coordination roundtable on September 29
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced a joint Regulatory Coordination Roundtable in Washington, D.C., on September 29th. The agenda and guest list have been released. The meeting will focus on topics such as the history of SEC-CFTC collaboration, platform regulatory coordination, and market participant choice and costs. Guests include SEC Chairman Paul Atkins, Acting CFTC Chair Caroline Pham, Kraken co-founder Arjun Sethi, and Nasdaq CEO Adena Friedman. The meeting will be open to the public and available for live streaming.
Exchange:
Binance announced the launch of Falcon Finance (FF), the 46th HODLer airdrop program, which provides universal staking infrastructure for on-chain liquidity and yield. Users who subscribe to guaranteed or on-chain earning products with BNB between 08:00 on September 14, 2025, and 07:59 on September 17, 2025 (UTC+8) will receive the airdrop. FF deposits will open at 18:00 on September 26 (UTC+8). Binance will list FF and open trading pairs with USDT, USDC, BNB, FDUSD, and TRY at 21:00 on September 29 (UTC+8). Seed tag trading rules will apply. The total supply of FF tokens is 10 billion, of which 1.5% will be allocated for the HODLer airdrop, resulting in a circulating supply of 23.4% at listing. Additionally, 150,000,000 FF tokens will be allocated for marketing activities six months after listing. Detailed rules will be announced separately.
According to Falcon Finance official news, FF token applications will open at 20:00 on September 29th, and staking services will be launched simultaneously.
Coinbase will globally launch two local fiat stablecoins, AUDD (Australian Dollar stablecoin, issued by AUDC Pty Ltd) and XSGD (Singapore Dollar stablecoin, issued by StraitsX), on September 29th. Users can freely convert Australian dollars to AUDD and Singapore dollars to XSGD. Both currencies are backed by fiat reserves, and XSGD has been approved by the Monetary Authority of Singapore for regulatory compliance.
Anoma (XAN) Binance Alpha and Futures Platform Listing Delayed to September 29th
According to Binance’s official announcement, the trading time of the Anoma (XAN) token on Binance Alpha and Binance Futures platforms, originally scheduled to be launched on September 23, 2025, will be postponed to September 29, 2025. The specific time is as follows:
- Binance Alpha: September 29, 2025, 6:00 PM (UTC)
- Binance Futures: September 29, 2025, 6:30 PM (UTC)
OKX will delist six spot trading platforms, including FORTH and LUNC, on September 29th.
OKX announced that it will officially delist FORTH, RUNECOIN, POLYDOGE, SC, USTC, and LUNC related spot trading pairs, including the USDT and USDⓈ trading markets, from 16:00 to 18:00 (Beijing time) on September 29, 2025.
Users must cancel their orders before 4:00 PM on September 29th, and the strategic trading bot will be gradually deactivated between 3:40 PM and 4:00 PM that day. Furthermore, deposits will be suspended as of 4:00 PM on September 22nd, and withdrawals will cease at 4:00 PM on December 22nd.
Project News:
Qian Zhimin's shocking Bitcoin money laundering case, involving billions of dollars in proceeds of crime, will go to trial at London's Southwark Crown Court on September 29, 2025. It has been revealed that Chinese victims will need to "defend their rights" independently in the UK's civil recovery process for the proceeds of crime. This case, involving cross-border money laundering and the recovery of crypto assets, is seen as a landmark test of cross-border financial crime regulation and governance in the digital currency era.
Qian Zhimin (also known as "Yadi Zhang" or "Huahua") is accused of illegally raising approximately 43 billion RMB through Tianjin Lantian Green Electronic Technology Co., Ltd. between 2014 and 2017 through Ponzi-like "investment and wealth management" products, victimizing 130,000 people. This case is not only a landmark event in China's illegal fundraising history, but also the largest cryptocurrency money laundering case in British judicial history.
Ronin Treasury plans to launch RON token buyback on September 29th
Ronin announced that the RON token buyback will soon begin, and the treasury will convert all of its ETH and USDC holdings into RON within a month. It is reported that Ronin currently holds over $5 million in assets, including 890 ETH and 650,000 USDC. If all of this is converted into RON, it will account for approximately 1.3% of the current RON circulating supply.
Ronin stated that this move aims to reduce market circulation, increase national reserves, and strengthen ties with ecosystem builders and coin holders. Officials emphasized that the national treasury will only conduct one-way repurchases and will not sell RON.
September 30
Policy supervision:
The UK Treasury has published draft proposals for amendments to its anti-money laundering regulations aimed at closing gaps and addressing evolving risks, including stricter requirements for cryptocurrency businesses. The draft proposes several changes for cryptocurrency businesses. The UK Financial Conduct Authority will implement a broader "fit and proper person" test for company controllers, replacing the current beneficial owner test to ensure regulation covers complex ownership structures. Other provisions will lower the threshold for notification of changes in control from 25% to 10%, aligning with the Financial Services and Markets Act (FSMA) regime. This means that any acquisition of a stake of 10% or more, or any acquisition of significant influence, will be required to notify the FCA. The draft also includes amendments to customer due diligence, trust registration, correspondent banking restrictions, and technical updates such as converting the threshold from euros to pounds. The UK Treasury is seeking feedback on the draft until September 30th, after which the regulations will be finalized for parliamentary review in early 2026.
Exchange:
FTX to pay creditors an additional $1.6 billion in third bankruptcy distribution on September 30
FTX will pay an additional $1.6 billion to creditors as part of the third distribution from its bankruptcy estate, starting September 30th. The bankruptcy plan, finalized in October 2024, will utilize over $15 billion in recovered assets. FTX's latest payments will be made to both the exchange's convenient and non-convenient categories. The convenient category generally refers to retail traders and small creditors, who make up the majority (up to 99%) of FTX's creditor base, while the non-convenient category involves larger or more complex claims.
FTX’s initial two distributions were intended to refund the exchange’s retail users approximately 120% of their balances at the time FTX declared bankruptcy in November 2022. Nonetheless, some former users expressed frustration with FTX’s bankruptcy proceedings, arguing that the cash payout from the FTX bankruptcy estate is worth far less than what their crypto assets would be worth today had they not been liquidated, given the market’s rebound since the pandemic-era bear market trough.
Binance Alpha to List OpenEden (EDEN) on September 30th
Binance Alpha will list OpenEden (EDEN) on September 30th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after Alpha trading opens.
Binance Alpha and Binance Futures will launch zkVerify (VFY) on September 30th
Binance Alpha will list and open trading for zkVerify (VFY) at 7:30 PM (GMT+8) on September 30, 2025. Additionally, Binance Futures will launch VFYUSDT perpetual contracts at 8:00 PM (GMT+8) on September 30, 2025, with up to 50x leverage.
All eligible Binance users will receive an exclusive Binance token airdrop. Eligible users can claim the airdrop using Binance Alpha Points from 7:30 PM (GMT+8) on September 30, 2025, to 7:30 PM (GMT+8) on October 1, 2025, via the Binance Alpha event page.
Project News:
Starknet: BTC staking functionality will be launched on the mainnet on September 30
Starknet announced on the X platform that BTC staking will launch on mainnet on September 30th. This upgrade will allow Bitcoin holders to stake on Starknet, helping to secure the network and earn rewards. Furthermore, the unstaking period will be shortened from 21 days to 7 days, providing a faster and more flexible experience for both stakers and delegators. To complete this upgrade, the staking contract was suspended for several hours at approximately 10:00 AM (GMT+3) on September 15th to integrate Bitcoin staking into the Starknet staking mechanism. Following the upgrade, validators and developers will be able to deploy Bitcoin delegation pools and begin integrating with the protocol. Rewards will begin to be distributed on September 30th.
Kaia: The token swap service for FNSA to KAIA will officially end on September 30th
According to Kaia's official X account, the FNSA to KAIA token swap service will officially end on September 30, 2025, coinciding with the termination of all operations on the traditional Finschia chain. The swap service, which launched in conjunction with the Kaia mainnet in August 2024 and was originally scheduled to last one year, has been extended to a final deadline to allow remaining users to complete their swaps. After the deadline, all swap functionality will be permanently disabled, the Finschia chain infrastructure will be shut down, and unredeemed FNSA tokens will not receive compensation or support. Users who have not yet completed their swap are reminded to do so before the deadline to avoid missing out on the opportunity.
Vision.io will gradually cease services starting September 30th
Vision.io, a domain name trading and management platform, will gradually cease services starting September 30.
Token unlocking:
Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 AM Beijing time on September 30th, accounting for 1.74% of the current circulating supply and worth approximately $20.7 million.
Big Time (BIGTIME) will unlock approximately 333 million tokens at 8:00 AM Beijing time on September 30, accounting for 20% of the current circulation and worth approximately US$15.6 million.
Kamino (KMNO) will unlock approximately 229 million tokens at 8:00 PM Beijing time on September 30th, accounting for 6.37% of the current circulating supply and worth approximately $15.5 million.
October 1
Policy supervision:
The U.S. Senate Banking Committee will hold a hearing on crypto taxation on October 1st.
According to Eleanor Terrett, the U.S. Senate Banking Committee announced that it will hold a hearing on crypto taxation on October 1. Witnesses include Jason Somensatto, Policy Director of Coin Center, Andrea S. Kramer, founding member of ASKramer Law, Lawrence Zlatkin, Vice President of Tax at Coinbase, and Annette Nellen, Chair of the American Institute of Certified Public Accountants’ Digital Asset Taxation Task Force.
US President Trump announced that a 50% tariff will be imposed on all kitchen cabinets, bathroom vanities, and related products starting October 1, 2025. A 30% tariff will be imposed on upholstered furniture. A 25% tariff will be imposed on all "heavy trucks" produced in the rest of the world starting October 1, 2025. A 100% tariff will be imposed on all branded or patented pharmaceutical products starting October 1, 2025, unless the company is building its pharmaceutical manufacturing facility in the United States.
Binance will support the Omni Network (OMNI) token swap, redenomination, and rebranding to Nomina (NOM). OMNI will be exchanged for NOM at a 1:75 ratio. Existing OMNI trading pairs and services will be delisted starting in late September, with new NOM trading pairs opening on October 1st. OMNI deposits and withdrawals will be suspended, and users must complete these operations before the designated timeframe.
Project News:
Sol Strategies CEO Leah Wald announced she will step down on October 1st.
Sol Strategies (formerly Cypherpunk Holdings) CEO Leah Wald announced she will step down on October 1st. Wald joined the company in July 2024 and led its transformation into one of the first publicly traded companies with Solana as its core asset. During this time, she sold her stake in Animoca Brands and her Bitcoin holdings to focus on acquiring Sol and investing in the Solana ecosystem. The company currently holds over 435,000 Sol, valued at approximately $89 million. Chief Strategy Officer Michael Hubbard will serve as interim CEO. Sol Strategies recently received approval for a cross-listing on the Nasdaq, and its validator node custody assets have exceeded $1 billion Canadian dollars.
Ethereum developers plan to launch the first public testnet upgrade, Fusaka, on October 1st.
Christine Kim summarized the 221st Ethereum ACDE meeting, focusing on the progress of the Fusaka public testnet upgrade. While the four client teams have yet to release testnet versions, developers unanimously agreed to activate the upgrade as planned on October 1st. The meeting also decided to increase the default block gas limit to 60 million after the Fusaka mainnet upgrade. Furthermore, testing of EIPs related to the Glamsterdam upgrade is progressing, and the EIP process will be streamlined to designate a contact for each proposal. OpenZeppelin engineers introduced EIP 7819, which aims to simplify the creation and updating of smart contract delegate accounts.
Japan's SBI Holdings plans to complete its majority stake acquisition of CoinPost on October 1st
Japan's SBI Holdings announced that it has signed an equity transfer agreement with certain CoinPost shareholders, with the planned acquisition of a majority stake in CoinPost to be completed on October 1, 2025, and its integration into the group. CoinPost is Japan's largest crypto asset and Web3 media outlet and hosts WebX, Asia's largest Web3 conference. Following the acquisition, the two parties will strengthen collaboration in their media and financial businesses, expand digital asset investment, information services, and jointly host industry events.
Token unlocking:
Sui (SUI) will unlock approximately 44 million tokens at 8:00 AM Beijing time on October 1st, accounting for 1.23% of the current circulating supply and worth approximately $137 million.
EigenCloud (EIGEN) will unlock approximately 36.82 million tokens at 12:00 noon Beijing time on October 1st, accounting for 13.77% of the current circulation and worth approximately US$66.6 million.
October 2
Macroeconomics:
The number of initial jobless claims in the United States for the week ending September 27 and the monthly rate of factory orders in the United States in August will be announced at 20:30.
Project News:
Optimism: Superchain 16a upgrade is scheduled to be deployed to the mainnet on October 2nd
Optimism's proposal for the Superchain 16a upgrade has been approved. It was deployed to Superchain Sepolia on September 22nd and is scheduled to be deployed to the Superchain mainnet on October 2nd. This is a maintenance upgrade that will replace U16 with a more secure and flexible approach.
DoubleZero Mainnet Beta will be launched on October 2nd and will begin deploying 2Z tokens
DoubleZero's mainnet Beta will launch on October 2nd, with the 2Z token deployment beginning soon. Its early production network, Mainnet Alpha, launched on September 15th and is undergoing stress testing with batches of validator nodes. Since its launch in March 2025, the testnet has connected to over 386 validator nodes, representing approximately 16% of the Solana mainnet's stake.
Token unlocking:
Ethena (ENA) will unlock approximately 40.63 million tokens at 3:00 PM Beijing time on October 2, accounting for 0.62% of the current circulating supply and worth approximately $23 million.
October 3
Macroeconomics:
The US September non-farm payrolls, unemployment rate, and average hourly wage annual and monthly rates will be released at 20:30.
Token unlocking:
Immutable (IMX) will unlock approximately 24.52 million tokens at 8:00 AM Beijing time on October 3rd, representing 1.26% of the current circulating supply and valued at approximately $18.7 million.
October 4
None
October 5
None
Specific time to be determined:
Project News:
UXLINK: Both CEX and on-chain UXLINK token migration will start next week
UXLINK has released the latest progress on token migration and security upgrades: 1. Security solutions have been upgraded, and the detailed plan has been approved by a third-party security consultant. 2. CEX migration will begin next week. Due to varying regulatory requirements and operational procedures across exchanges, a phased compensation plan will be implemented through the exchanges. The new token generation process has been completed, ensuring these tokens are only usable for exchange with exchanges and on-chain users. For exchanges where migration has not yet completed, these tokens will remain locked until they are transferred to exchanges and market makers (MMs). 3. On-chain user migration will also begin next week, with UXLINK covering the associated gas costs. 4. UXLINK stakers will receive all tokens and the annualized yield (APY) calculated up to October 31, 2025. 5. The token circulation and vesting schedule remains consistent with the UXLINK whitepaper. 6. The new UXLINK contract has a code-locked maximum token supply function.
