Crypto Industry News & Market Trends

China Sets 2030 Deadline for Mass Self-Driving Vehicle Rollout

China set a 2030 deadline for the mass rollout of self-driving vehicles, handing its automakers a state-backed timeline that Western rivals must now match.　　The Ministry of Industry and Information Technology published the plan on Friday together with eight other departments. It covers the countrys next five-year economic cycle.　　China Self-Driving Vehicles Get a State Deadline　　By 2030, vehicles with autonomous driving functions should reach large-scale use. Highly automated systems should also handle expressways, urban express roads, and selected city streets.　　Sponsored　　Sponsored　　Beijing wants those systems to beat human drivers on safety by a wide margin. Therefore, the goal stretches past adoption into liability, insurance, and public trust.　　The plan sets other hard numbers, too. Passenger cars should average 3.3 liters of fuel per 100 kilometers, while battery electric models target roughly 11.5 kilowatt-hours over the same distance.　　China already helps write the rulebook. It led drafting of the first global technical regulation for automated driving systems, which regulators adopted in June. Meanwhile, the plan asks for a stronger voice in international standards by 2030, echoing Beijings wider use of export controls as leverage.　　New Energy Targets Squeeze Weaker Carmakers　　New energy vehicles must reach 70% of new passenger car sales by 2030 and 40% of commercial vehicle sales.

09-11Industry

Nvidia CEO Jensen Huang Calls AI Cybersecurity Panic a Sales Pitch

Nvidia CEO Jensen Huang says the AI cybersecurity scare serves the industry that is selling the cure. He made the claim Thursday at the Goldman Sachs Communacopia + Technology Conference in San Francisco.　　The timing is awkward. Security vendors and AI labs have warned for months that AI-driven attacks are accelerating. Crypto platforms absorbed much of that damage.　　Huang Reads the AI Cybersecurity Panic as a Sales Pitch　　Huang offered a blunt explanation for the noise. Vendors talk loudly about threats, he argued, because they are preparing product launches.　　Sponsored　　Sponsored　　“The reason why theres so much conversation today about cybersecurity is because the industry is getting ready to launch some products, and what better way to create demand than to create a problem？” Huang said, per Axios.　　He pushed the point further. Huang asked who would not want a hysterical market queuing around the corner for their product.　　However, he called cybersecurity the next major use case for AI and a strong business opportunity. His complaint targets the fear, not the market itself.　　Crypto Keeps Paying for the Threats He Dismisses　　The record complicates his reading. Attacks on crypto platforms climbed roughly 50% in the first half of 2026 even as stolen sums shrank, SlowMist found.　　More than 100 companies

09-11Industry

Zoomex Monthly On-Chain Report: August 2026

August 2026 was the month Zoomex took its expansion story from announcement to delivery. Where July was about rolling out new stock perpetual contracts and locking in event partnerships, August was about crossing the finish line on both fronts. 　　The platform pushed its tokenized equity lineup past the 50-contract milestone and backed it with a week-long Zero-Fee TradFi promotion, while its Coinfest Asia 2026 Gold Sponsorship in Bali moved from a save-the-date press release to an actual beach-side gathering of traders, builders, and Web3 community members.　　Beneath that marketing calendar, Zoomex‘s verified on-chain reserves continued to sit in the same well-managed, multi-chain range that has defined its transparency reporting all year. This report reviews Zoomex’s on-chain reserves, chain and token composition, and platform metrics as tracked through DefiLlama, CoinMarketCap, and CoinGecko, alongside the product and partnership developments that shaped the month.　　Zoomex Overview　　Founded in 2021, Zoomex has grown into a global cryptocurrency trading platform serving over 3 million registered users across more than 35 countries and regions. The platform operates on its core philosophy of “Simple – User-Friendly – Fast,” a guiding principle that informs everything from its matching engine architecture to its user interface design.　　July was defined by continued expansion of

09-11Industry

Gate Releases August 2026 Transparency Report: Multi-Asset Comprehensive Financial Services Accelerate Evolution, 127% Reserve Ratio Solidifies Security Foundation

Gate, one of the leading global digital asset trading platforms, has released its August 2026 Transparency Report. The report shows that Gates multi-asset business maintained strong momentum in August, with lines of business including TradFi, derivatives, wealth management, on-chain trading, and institutional services demonstrating solid growth.　　Service capabilities across trading, investment, and asset management scenarios were further enhanced. Against the backdrop of accelerating integration between digital assets and traditional financial markets, Gate continues to strengthen its financial service framework covering multiple asset classes, diverse trading scenarios, and varied user needs.　　On the trading front, Gate maintained high activity levels across core trading indicators in August. According to DefiLlama data, Gates 24-hour total spot and derivatives trading volume reached approximately $9.5 billion, ranking among the global Top 3, while open interest hit $12.48 billion, also placing in the global Top 3.　　Sponsored　　Sponsored　　The platform recorded net capital inflows of $308.1 million over the past 30 days, ranking second among major trading platforms. In specific market segments, CryptoQuant data shows that Gates equity perpetual futures trading volume grew 308% month-over-month, marking three consecutive months of triple-digit growth.　　CryptoRank data indicates that Gates RWA perpetual futures open interest reached $378.8 million, accounting for 49.6% of the global centralized

09-11Industry

Wirex is Now Live on Tempo for Enterprise Stablecoin Card Programs

Wirex enables its partners to use Tempo as a settlement layer for enterprise stablecoin card programs.　　Wirex, the global stablecoin infrastructure provider and a principal member of Visa and Mastercard, has added Tempo to its platform. The live integration enables Wirex partners to select Tempo as a preferred settlement layer for enterprise stablecoin card programs.　　Sponsored　　Sponsored　　Stablecoin card infrastructure built for scale　　Wirex gives fintechs and digital platforms a single integration for regulated card issuance, wallets, compliance, and stablecoin settlement.　　Wirex issues cards under its own licences as a principal member of Visa and Mastercard. Its infrastructure reached $1 billion in annualized onchain volume just 131 days after launch, and doubled that volume 110 days later, making it one of the fastest-scaling stablecoin card platforms in the industry.　　Why Wirex chose Tempo　　Wirex selected Tempo because it offers more than a settlement network, bringing extensive payments expertise thanks to its incubation by Stripe. Together, Wirex and Tempo can give enterprises a supported path from product design to a live stablecoin card program using Tempos Stablecoin Advisory.　　Wirex provides the regulated card stack. Tempos Stablecoin Advisory and forward-deployed engineers work directly with customers to:Design the card and settlement flowSelect and integrate the right infrastructure partnersMove from architecture to prototype

09-11Industry

Eric Crown Quit Altcoins Entirely, Says 99.9% Are Worth Nothing

Technical analyst Eric Crown holds no altcoins at all and says the overwhelming majority of them are worth nothing, a share he puts at more than 99.9%.　　Crown made the argument on the BeInCrypto podcast. He also dismissed the chart most traders use to time altcoin rallies.　　Sponsored　　Sponsored　　Why One Analyst Quit Altcoins Entirely　　Crown set out his position in an interview with BeInCrypto, where altcoin exposure came up directly.　　“No, I dont hold any altcoins.”　　Bitcoin (BTC) and traditional markets make up his book instead. BTC trades near $77,207 after a 1.24% daily decline.　　Crown put the failure rate at 99.999%, repeating to infinity, based on what he has watched over multiple cycles. A handful of exceptions exist, in his view, but they stay rare.　　“Most people would be better off just buying boring stuff that compounds year-over-year and not trying to overthink it.”　　Sponsored　　Sponsored　　The Dominance Chart He Ignores　　That position rests partly on a metric Crown considers broken. Traders watch dominance to judge whether capital is rotating out of Bitcoin, and he argues it failed that job for three straight years.　　“I see so many people obsessed with the Bitcoin dominance chart and I just… I dont understand it.”　　Eric Crowns monthly Bitcoin dominance chart, annotated to show dominance rising

09-11Industry

Albuquerque Bans Bitcoin ATMs, Giving Operators 45 Days to Remove Them

In briefAlbuquerque city council passed an ordinance on Wednesday banning crypto kiosks and cashier-facilitated virtual currency transactions.Operators and the businesses hosting the machines face a 45-day removal deadline.Indiana, Tennessee and Minnesota have already banned the machines statewide, and the largest U.S. operator went bankrupt in May.　　Albuquerque has banned cryptocurrency ATMs within city limits, with an ordinance passed by the city council on Wednesday that also covers cashier-facilitated virtual currency transactions.　　The city will now notify known operators and the retailers hosting their machines, who have 45 days to take them out.　　District 1 Councilor Stephanie Telles, who co-sponsored the measure with District 7 Councilor Tammy Fiebelkorn, said 90% of crypto ATM transactions in Albuquerque are tied to fraud. “No one who legitimately exchanges or transmits virtual currency uses these kiosks, because the high fees make them a ripoff,” Telles said in a press release. She argued that they are primarily used by “Scammers, organized crime, and human traffickers” because the transactions are instant, anonymous, and irreversible.　　“We cannot wait for federal regulators to solve this crisis while our residents are actively being targeted and harmed in our own neighborhoods,” Fiebelkorn added.　　Residents remain free to own, mine and transfer crypto through online exchanges and

09-11Industry

Russia to require tax IDs for opening crypto depository accounts

Russia has made taxpayer identification numbers a mandatory part of opening digital depository accounts used to record cryptocurrencies and digital rights as authorities tighten identity checks across the countrys newly regulated crypto market.　　Russia‘s Federal Financial Monitoring Service, known as Rosfinmonitoring, said clients will have to provide their individual taxpayer number, or INN, when opening an account with a Russian digital depository, according to comments from adviser to the agency’s director Vlada Gracheva on Sept. 9.　　The requirement makes the tax number a compulsory identifier for crypto accounts, even though Russian banks do not generally require an INN when a customer opens an ordinary bank account.　　“For the anti-money laundering system, the clients INN becomes a new mandatory, specifically mandatory, identifier,” Gracheva said. “This is to ensure the transparency of transactions carried out with cryptocurrency.”　　An INN assigned to an individual contains 12 digits and remains with the taxpayer even if their address, surname or other passport information changes. The number is commonly used for tax and employment purposes in Russia.　　Tax IDs become mandatory for Russian crypto accounts　　Gracheva said the requirement forms part of the anti-money laundering controls being applied to cryptocurrency activity, placing the tax identifier directly into the customer identification process for

09-11Industry

Hunter Biden denies profiting from memecoin after his LAPTOP crashes

Hunter Biden has denied profiting from his LAPTOP memecoin after its launch-day price crash, adding that neither he nor his team had sold tokens.　　Several X users accused the LAPTOP project of a “rug pull” after the memecoin lost more than 95% of its value in the first hour of trading on Wednesday. At the time of writing, the new token traded at $0.8562, according to CoinGecko data.　　“The teams allocation is locked. Nobody on our side sold, and nobody could have,” Biden said in an X post Wednesday. “I, personally, have not made a single dollar.”　　Biden blamed the price action on insufficient liquidity and “snipers,” which are trading bots that quickly swoop up tokens when trading opens.　　The Base memecoin takes its name from a MacBook Hunter Biden reportedly left at a repair shop in 2019. Trump allies used the New York Posts reporting on files purportedly from the device against him and his father, former US President Joe Biden, during the 2020 election.　　Before launching his own memecoin, Biden slammed the Trump familys crypto ventures. In an Aug. 21 post, Biden said World Liberty Financial used political influence and leverage to benefit its founders.　　Biden did not respond to Cointelegraphs request for comment.　　LAPTOP

09-10Industry

Treasury Secretary Bessent urges CLARITY Act passage after Senate returns

US Treasury Secretary Scott Bessent urged lawmakers to pass the Digital Asset Market Clarity (CLARITY) Act when the Senate returns from its August recess next week.　　“I strongly urge everyone to remain at the negotiating table, agree to the motion to proceed, and continue the legislative process,” wrote Bessent in a Wednesday X post, warning that failing to pass the bill would send a “troubling signal” about Americas leadership in the digital asset industry.　　The Senate is scheduled to return from its August recess next Monday, according to its legislative schedule. The CLARITY Act seeks to establish the first comprehensive regulatory framework for digital assets in the US.　　The remarks come a week after the National Sheriffs Association dropped its opposition to the crypto market structure bill on Sept. 3, changing its position on the bill to “neutral.”　　Galaxy has reduced its odds on the CLARITY Act‘s passing in 2026 several times over recent months. Now at 10%, that’s down from 75% set on May 22.　　While the CLARITY Act cleared the Senate Banking Committee in May, most Democrats and the banking industry pushed back, arguing that it would allow crypto firms to offer yields on stablecoins without facing the same requirements as banks.

09-10Industry

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