[Ministry of Commerce: Expresses Serious Concern and Firm Opposition to the Proposed New Rules on Foreign Investment Restrictions by the United States] A spokesperson for the Ministry of Commerce stated that China expresses serious concern and firm opposition to the proposed new rules on foreign investment restrictions released by the U.S. Treasury Department on October 23. China will closely monitor developments and reserves the right to take corresponding measures. The proposed rules discriminate against and expand the scope of restrictions on investment in China, disrupt normal economic and trade cooperation between Chinese and American enterprises, and undermine international economic and trade order. China urges the United States to respect the laws of market economy, stop overgeneralizing the concept of national security, and stop politicizing and weaponizing economic and trade issues. (Source: Jinshi Data)
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More >特朗普:就伊朗局势、美加关税及英国能源项目作出表态
[Trump: Comments on Iran Situation, US-Canada Tariffs, and UK Energy Projects] US President Trump stated that he is engaged in constructive negotiations with Iran and will not attack Iran before the midterm elections. He claimed to be unaware of comments made by the US ambassador to Turkey suggesting a possible weekend attack on Iran. The US government announced exemptions from 50% tariffs on some Canadian imports. Trump discussed the approval of the Jackdaw gas field with British Prime Minister Burnham and stated that he has not yet discussed the restrictions on Ukraine's use of Starlink with Musk. (Source: Jinshi Data)
Solayer Pay now supports direct deposit of stablecoins to card balances via five public blockchains.
The Solayer Pay app now supports direct deposits of USD stablecoins to card balances from five networks: Solana, Ethereum, Arbitrum, BNB Chain, and Base, without the need for cross-chain bridges or exchange intermediaries. Users can choose the network where the token is hosted and credit their Solayer Pay balance for purchases using virtual or physical cards. Solayer claims the product already has over 45,000 cardholders. Solayer Pay was launched in April 2025 under the name Emerald Card.
Peter Hughes: Lagging US crypto legislation may lead to business shifting to Asia, the Middle East, and Bermuda.
Apex Group founder and CEO Peter Hughes stated that if the US delays crypto legislation or fails to establish a clear regulatory framework, related businesses will move to Asia, the Middle East, and Bermuda. He believes these regions are progressing faster and can fill the regulatory gaps in the US. Hughes also stated that Europe will not benefit because its MiCA bill is evolving slowly and has many restrictions. The US CLARITY bill failed to obtain the 60 votes needed for advancement in the Senate in September due to controversies surrounding ethical provisions and stablecoin rewards.
商务部:对美国发布新版对外投资限制拟议规则表示严重关切并坚决反对
[Ministry of Commerce: Expresses Serious Concern and Firm Opposition to the Proposed New Rules on Foreign Investment Restrictions by the United States] A spokesperson for the Ministry of Commerce stated that China expresses serious concern and firm opposition to the proposed new rules on foreign investment restrictions released by the U.S. Treasury Department on October 23. China will closely monitor developments and reserves the right to take corresponding measures. The proposed rules discriminate against and expand the scope of restrictions on investment in China, disrupt normal economic and trade cooperation between Chinese and American enterprises, and undermine international economic and trade order. China urges the United States to respect the laws of market economy, stop overgeneralizing the concept of national security, and stop politicizing and weaponizing economic and trade issues. (Source: Jinshi Data)
Bitwise's BWOW Dogecoin ETF has entered its liquidation date, and holders will receive cash redemption.
Bitwise's BWOW Dogecoin ETF entered its liquidation and distribution period on October 22, and the remaining holders will receive cash redemption based on the fund's applicable net asset value.