Ophelia Snyder stated that most people are unwilling to manage their own transactions, and cryptocurrency requires the participation of traditional institutions to achieve large-scale applications.

The Trump administration announced on September 10th that it will provide a one-time refund of $500 per person to nearly one million Obamacare insured individuals, expected to be issued in October. Eligible consumers primarily purchase insurance through HealthCare.gov, covering 30 states. The White House stated that the payment is a refund of unused healthcare market operating expenses. Health policy experts point out that the refund can only cover a portion of the premium increase, and user rates have been reduced during the Biden administration. Trump previously proposed to distribute $5000 in dividends to American households if the Republican Party holds onto Congress in the November midterm elections.

The three major indexes of the US stock market collectively closed down, with the Dow Jones Industrial Average falling 0.6%, the Nasdaq falling 0.65%, and the S&P 500 index falling 0.58%. The storage sector fell, with the Philadelphia Semiconductor Index falling over 2%, SK Hynix falling over 5%, Micron Technology falling nearly 5%, and Western Digital and SanDisk falling over 4%. Copper concept stocks fell, with McMoran copper gold falling more than 6% and Southern Copper falling more than 7%. Apple rose 3.56%.

Coinbase has renamed its Base App to Coinbase Wallet, shifting its product focus from social features to multi chain trading. Ryan Kass, Product Manager of Coinbase Wallet, stated that the product returns to the positioning of trading all assets, and users can trade assets running on different blockchains through Wallet. The current product already supports Solana, Hyperliquid perpetual contracts, and multi chain tokenized stocks. New products will be prioritized in Wallet and will be pushed to Coinbase retail trading platform once they mature.

Republican members of the US Senate have released a 630 page new version of the CLARITY bill, incorporating 114 Democratic proposals for amendments and adding regulatory provisions for non decentralized financial transaction agreements. Agreements that meet the definition need to be registered with the Commodity Futures Trading Commission (CFTC) and regulated by the CFTC and the US Treasury Department. The Senate will hold a procedural vote on September 15th to advance the CLARITY bill.