NEWS DIGEST – 08.09.2025 πΒ
1) HashKey launches $500 million crypto treasury fund
π¦ Hong Kongβs largest licensed exchange, HashKey, is launching its first Digital Asset Treasury (DAT) fund, targeting an initial $500M. The multi-currency fund will emulate the public company crypto-accumulation model (e.g., MicroStrategy), focusing on Bitcoin and Ethereum ecosystem investments, while aiming to boost Web3 infrastructure globally.
Why it matters: Institutional-sized crypto treasuries are going globalβHashKeyβs entry reflects growing Asia-Pacific adoption and token standardization.
Source: Reuters Β
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2) SEC unveils sweeping crypto-friendly rulemaking agenda
π The U.S. SEC has rolled out a rulemaking agenda aimed at overhauling crypto policyβseeking to clarify digital asset offerings, introduce exemptions and safe harbors, and allow crypto trading on national exchanges and ATSs. The plan also aims to ease public company disclosure rules.
Why it matters: This is a structural shift toward integrating crypto into regulated finance, making it easier for traditional firms to innovate in digital assets.
Source: Reuters Β
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3) SEC & CFTC launch joint digital asset guidance push
π€ The SEC and CFTC have announced a joint initiative to coordinate guidance around leveraged, margined, or financed spot retail commodity trading in digital assets.
Why it matters: This unified regulation could bring clarity and safer infrastructure to retail crypto products, paving the way for more legitimate derivatives and on-ramp offerings.
Source: Reuters Β
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4) Dollar safe-haven myth unravelingβcrypto may benefit
π‘ A plunge in the dollar during Aprilβs market volatility is prompting analysts to question its sanctity as a βsafe haven.β With the dollar failing to rally amid global stress, crypto may catch a tailwind as investors seek genuine alternatives.
Why it matters: A weaker greenback shifts narratives in favor of crypto assets as potential hedgesβnot just speculative plays.
Source: Reuters commentary
