William Sears: US stock valuations do not fully reflect AI potential, overall bullish on the stock market

The Uzbekistan National Prospective Project Agency and the central bank have launched a pilot program for stablecoin payments with government securities as collateral. Humo Digital has been granted permission to test the stablecoin HUMO payment pegged 1:1 to Som in a regulatory sandbox, with over 20 merchants participating. Pilot testing of issuance, circulation, and redemption processes, with Asterium licensed cryptocurrency exchange as a partner. The pilot period is 12 months, with a total duration limit of 3 years. Regulatory agencies assess the adequacy of collateral, cybersecurity, consumer protection, anti money laundering, and financial and price stability risks. The pilot is based on a framework approved in November 2025, which allows for stablecoin payment pilot in a sandbox and includes tokenized stock and bond terms. (Source: Reuters)

The Meme coin build paired with BNC4 on BNB Chain has been online for 6 hours, with a market value exceeding $50 million and a trading volume of $20 million. The coin is paired with tokenized US stock BNC as the base pool and uses build/BNC4 trading pairs to provide liquidity.

Bitcoin fell 0.42% since midnight UTC to $78,874, but the CoinDesk 20 rose 0.2% and the memecoin index gained 0.41% as BNB Chain tokens rallied.

A certain giant whale has purchased 285500 SOLs worth $28.82 million on Hyperliquid in the past three weeks.

Chainalysis estimates that France's potential taxable cryptocurrency activities in 2025 will reach $9.4 billion, including $5.2 billion in payments, $2.5 billion in capital gains, and $1.7 billion in mining and staking income. French taxpayers declared a net income of 368 million euros in 2024, involving 24000 people. The non-compliance rate of cryptocurrency taxation in some countries exceeds 90%. The EU DAC8 directive has come into effect, requiring encryption service providers to collect user identity and transaction data. Member state tax authorities will begin cross-border exchange of records from September 30, 2027. (Source: Bitcoin.com News)