Robinhood will hold its HOOD Summit on the 29th, during which it will unveil updates on tokenized stocks and cutting-edge trading tools.

The People's Bank of China (PBoC) today reaffirmed during financial education and publicity efforts that virtual currencies such as Bitcoin, Ethereum, and Tether have no legal tender status and cannot circulate as currency. Conducting virtual currency-related business within China constitutes illegal financial activities and is strictly prohibited in all cases. The PBoC stated that without approval from relevant authorities, domestic entities and their controlled overseas entities may not issue virtual currencies overseas, and no domestic or foreign entities or individuals may issue RMB-pegged stablecoins overseas. The PBoC reminds the public not to engage in virtual currency issuance, trading, investment, and mining activities, to beware of high-yield investment scams, and to avoid renting out bank cards, payment accounts, or participating in virtual currency-related activities. In addition, the PBoC warns against virtual currency investment products and trading platforms that claim "guaranteed returns" or "high interest rates"; advises against participating in virtual currency issuance, trading, investment, "mining" and other activities; warns against joining communities promoting virtual currencies, clicking on links to overseas virtual currency trading platforms, or downloading related apps; prohibits lending or renting out bank cards or payment accounts, following others' instructions to buy or sell virtual currencies for "pass-through transactions", or acting as "runners", "coin dealers", or "U dealers"; and urges anyone who discovers clues about virtual currency-related business activities to promptly report them to relevant regulatory authorities.

Chainlink announced a partnership with Nasdaq-listed Infosys. The two parties will leverage their infrastructure, which supports over 1.7 billion customer accounts worldwide, to accelerate institutional on-chain finance.

Stablecoin payment platform Infini has announced the completion of a $6 million seed funding round, with participation from investors including SNZ, Reforge, Enlight Capital, Nordic Digital Ventures, Fortwest, and Vernal. The capital will be deployed to expand its global payment network, support additional markets, currencies, and payment methods, as well as enhance compliance, licensing, and risk control measures. The Infini App is currently live; the company is refining its global account, stablecoin payment, and daily consumption features, while also planning further development of AI Agents and financial systems to integrate functions such as cash flow analysis, bookkeeping, approval, and payment processing.

According to HTX market data, news that CME Futures has listed UNI and BCH as trading products continues to spread. UNI and BCH both rose by over 10%, with UNI surging 11% and BCH jumping nearly 20%.

The People's Bank of China (PBoC) reaffirmed today during financial education and publicity that virtual currencies such as Bitcoin, Ether, and Tether have no legal tender status and cannot circulate as currency. All virtual currency-related business activities conducted within China are illegal financial activities and are strictly prohibited. The PBoC stated that without approval from relevant authorities, domestic entities and their controlled overseas entities must not issue virtual currencies overseas, and any domestic or foreign entity or individual must not issue RMB-pegged stablecoins overseas. The central bank reminded the public not to participate in virtual currency issuance, trading, investment, or mining activities, to beware of high-yield investment scams, and to avoid renting out bank cards, payment accounts, or engaging in virtual currency-related activities. Additionally, the PBoC advised the public to stay alert to virtual currency investment products and trading platforms that claim "guaranteed no loss" or "high returns"; refrain from participating in virtual currency issuance, trading, investment, mining, and other activities; avoid joining communities promoting virtual currencies, clicking links to overseas virtual currency trading platforms, or downloading related apps; do not lend or rent out bank cards or payment accounts, follow others' instructions to buy or sell virtual currencies for transfer purposes, or act as "runners", "currency dealers", or "USDT traders"; and report any clues related to virtual currency business activities to the relevant regulatory authorities in a timely manner.

In Kalshi's Ethereum perpetual futures trading between September 17 and 20, orders with a near-$5,499 single transaction amount generated $7.7 million in turnover, accounting for 57% of the analyzed trading volume. Among the 46 sampled dates since June, 43 saw repeated fixed-amount transactions. Kalshi’s public data does not disclose trader identities, and the exchange has not explained the parties behind these repeated transactions or the reasons for changes in the target amount. Earlier, quantitative analyst Beni published an article questioning prediction market platform Kalshi for artificially inflating crypto trading volume, citing multiple data points as evidence. (CoinDesk)