U.S. added stronger than expected 162,000 jobs in August as labor market bounced back
This morning's report will be key as the Fed considers whether to raise interest rates at its September policy meeting. Source：CoinDesk
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.…
Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand. Source：CoinDesk
U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year. Source：CoinDesk
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Nonqualified investors face a 300,000ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap. Source：CoinDesk
U.S. widens Iran crypto crackdown with sanctions on two exchanges
The Treasury's OFAC targeted Shelbit and Aban Tether as Washington continues its effort to cut Tehran's access to crypto and foreign currency. Source：CoinDesk
The government owns some of the same stocks you do. Here’s why that is risky.
Recent deals to have the U.S. take a stake in companies mark something new: Government ownership used as a standing industrialpolicy tool rather than an…
Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin. Source：CoinDesk
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts.…
Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.
Should policymakers look beyond the payroll tax to cover this share of the deficit? Source：MarketWatch
Senators said to hatch idea to toughen Trump's concession on Clarity Act's crypto limits
Insiders say that the bipartisan Senate duo revamping the bill's Trumpapproved ethics section have come up with something they hope wins sufficient yes votes.…
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates. Source：CoinDesk