09/23/2025
Key News
1. Scaramucci-Backed Crypto Treasury Launches ($550M plan)
• A company called AVAX One (formerly AgriFORCE) is being backed by Anthony Scaramucci & Hivemind Capital. It aims to raise $550 million to buy AVAX tokens, plus explore tokenization of real-world assets on Avalanche.
• Plan includes acquiring ~$700M in AVAX tokens and possibly acquiring fintech / insurance firms to bring them into Avalanche’s ecosystem.
2. UK-US Regulatory Cooperation Task Force for Digital Assets
• The UK & US have formed a joint initiative, called the Transatlantic Taskforce for Markets of the Future, to reduce regulatory frictions for capital markets and synchronize crypto / digital assets rules.
• They expect to issue a report in ~180 days with proposals for both short-term collaboration and longer regulatory frameworks.
3. China Pauses RWA Tokenization in Hong Kong
• China’s securities regulator (CSRC) has asked some brokerages in Hong Kong to temporarily pause Real-World Asset (RWA) tokenization business, suggesting regulatory caution even where crypto activity is more liberal.
4. Major Digital Asset Sell-off + Liquidations
• Over $1.5-$1.8 billion in leveraged positions were liquidated in the past 24 hours. Bitcoin fell ~3% (below ~$112,000), Ethereum dropped ~8%, other altcoins dropped as well.
• Many view this as a corrective pullback following earlier price surges.
5. SEC Eases Rules for Spot Crypto ETFs
• The US Securities and Exchange Commission adopted new listing rules to simplify the process for spot cryptocurrency ETFs (previously a big bottleneck). This reduces required approval time.
• Coins beyond just Bitcoin/Ethereum might now have paths toward ETF listings.
6. Bahrain’s Stablecoin & Crypto Regulation Move
• Bahrain passed a new law regulating Bitcoin and stablecoins, positioning itself as a more friendly, regulated hub for digital asset innovation in the Gulf region.
7. Altcoins to Watch: Solana (SOL) & Little Pepe (LILPEPE)
• SOL is getting attention due to speculation over spot ETF approvals and stronger institutional interest.
• Little Pepe, a meme-coin with utility features (staking, DAO, etc.), has been doing very well in its presale rounds.