The US House of Representatives announces cryptocurrency tax legislation

The Russian Central Bank listed cryptocurrency as a financial market risk in its review of the main development directions of the Russian financial market in 2027 and 2028-2029, and pointed out that digital currencies have loss risks and lack guarantees. The central bank believes that the circulation of cryptocurrencies reduces the effectiveness of national restrictions and advocates for criminal accountability for unauthorized organizations of digital currency circulation, as well as administrative accountability for illegal market participants. (Source: Bits. media)

[Pons: 31% of PONS Total Supply Has Been Burned] Pons stated that 31% of the total supply of PONS has been burned, with a burn rate of 1% in the past week.

Ark Invest reduced its holdings of $7 million in Coinbase, $13.87 million in Circle, $3.96 million in Bitmine, $68.77 million in Bullish stocks, and $40 million in ARKB ETF on Monday. (Source: The Block)

Grayscale has launched a Digital Assets Next Gen model investment portfolio for financial advisors, which does not include Bitcoin and holds seven funds. As of August 31st, ETH accounts for 42.34%, XRP accounts for 26.11%, Solana accounts for 21.09%, totaling about 89%, Hyperliquid accounts for 5.76%, and Chainlink, Avalanche, and Sui allocate the remaining portion. (Source: BeInCrypto)

The trading volume of the tokenized stocks issued by xStocks on DEX has exceeded $1 billion in the past 30 days, an increase of 1011.8% compared to the previous 30 days. The trading volume of SPYx is 318.4 million US dollars, CRCLx is 146.7 million US dollars, NVDAx is 74.1 million US dollars, AAPLx is 53 million US dollars, and SPCXx is 49.9 million US dollars. (Source: Token Terminal)