[Mark Esper: The Senate Should Pass the CLARITY Act as Soon as Possible] According to Cointelegraph, former U.S. Secretary of Defense Mark Esper wrote in the Financial Times urging the Senate to pass the CLARITY Act promptly, calling it a national security bill. Mark Esper pointed out that China is investing in payment systems to bypass U.S. regulations and weaken the status of the dollar, while regulatory gaps in digital assets provide opportunities for groups like Lazarus Group to evade financial controls. Mark Esper stated that the CLARITY Act would expand the Treasury Department's special measures authority under Section 311 of the USA PATRIOT Act, serving as a weapon to combat malicious actors.

Morgan Stanley has raised its target price for Zhipu by nearly 72% to HKD 1700, citing Zhipu's computing power acquisition capability and new financing support for growth. The Morgan Stanley report points out that the Chinese big model industry is establishing a healthier commercial environment, which is different from the market's view that China's open weight model will lead to product homogenization and price wars.

Financial giant Mizuho predicts that Bitcoin and the Crypto Clarity Act will not pass within 2026. （The Bitcoin Historian）

According to MBN, South Korean National Power Party member Jung Sung kook plans to propose a bill to postpone the taxation date for virtual asset income from January 1, 2027 to January 1, 2030, by three years. The current regulations require that starting from January 1st next year, the portion of annual profits generated from the transfer or lending of virtual assets exceeding 2.5 million Korean won must pay a 22% income tax.

Hyperliquid destroyed $575400 worth of HYPE in the past 24 hours, generating $624100 in handling fees during the latest reporting period. A total of 47.59 million HYPE were destroyed, valued at approximately $256 million, accounting for 4.76% of the maximum supply of 1 billion HYPE. （Onchain Lens）