China's major solar polycrystalline silicon producers held a closed door meeting in Hangzhou to agree on a price bottom line and establish a mutual supervision and reporting mechanism to combat dumping below cost and malicious market disruption. The participating companies have reached a plan to limit and reduce production capacity, matching production with market demand through market-oriented coordination, and actively constraining their own production capacity. (Source: Shanghai Securities News)

The application for a virtual asset trading platform license submitted by Matrixport HK to the Hong Kong Securities and Futures Commission was withdrawn on October 12, which was previously submitted on February 26, 2024. (Source: Hong Kong Securities and Futures Commission)

US Senator Cynthia Loomis stated in an article on X that the Democratic Party had called for the establishment of a specialized agency within the US Commodity Futures Trading Commission (CFTC) to speak out for retail investors in cryptocurrency assets, and the CLARITY Act already includes arrangements for the establishment of a "Retail Commodity Investor Rights Representative Office". Cynthia Loomis criticized the Democratic Party's vote against the bill, arguing that it hinders the protection of retail investors through a dedicated CFTC equity representation mechanism.

Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.

Bank of Japan Governor Kazuo Ueda stated that stabilizing inflation at 2% is crucial now.