According to Foresight News, Yuan Coin Technology's website now features a dedicated page for the upcoming Hong Kong Dollar stablecoin, HKDR. The page indicates that the stablecoin is 'coming soon.' In response to this development, Yuan Coin Technology CEO Liu Yu expressed the company's commitment to advancing the project and confidence in ultimately obtaining the necessary licensing.

According to Cointelegraph, lawmakers in Wisconsin have introduced legislation aimed at curbing fraud through cryptocurrency ATMs. Senator Kelda Roys, alongside six Democratic colleagues, presented Senate Bill 386 as a companion to Assembly Bill 384, which was introduced by Democratic Representative Ryan Spaude on July 31. The proposed bills require crypto ATM operators to obtain a money transmitting license and collect detailed user information, including name, date of birth, contact number, address, and email. The strategy of filing identical bills in both legislative chambers is intended to expedite the process and increase the chances of the bills becoming law. The legislation mandates that operators collect government-issued identification from users, such as a passport or driver's license, and take a photo of the customer. Additionally, operators must verify the identity of users for each transaction, with a daily transaction limit set at $1,000. Warning labels about potential fraud must be prominently displayed on the machines. The bills also propose capping transaction fees at either a flat $5 or 3% of the transaction value, whichever is higher. Operators are required to reimburse customers for fraudulent transactions if confirmed by law enforcement within 30 days. The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to report suspicious activities involving crypto ATMs, highlighting fraud, cybercrime, and drug trafficking as prevalent issues. Globally, regulators have been scrutinizing crypto ATMs due to concerns over their use in criminal activities. New Zealand recently banned crypto ATMs, citing their role in money laundering and criminal financing. In the UK, authorities seized seven crypto ATMs and arrested two individuals in southwest London for alleged money laundering and illegal operation of a crypto exchange. Meanwhile, Grosse Pointe Farms, Michigan, has preemptively regulated crypto ATMs despite not having any within the town.

Former NYSE president Tom Farley's company targets $4. 8 billion valuation as investor demand surges source: https://www.blockhead.co/2025/08/13/crypto-exchange-bullish-increases-ipo-size-ahead-of-wednesday-trading-debut/

Ethereum exchange-traded funds (ETFs) have achieved unprecedented success, breaking all previous records with an astonishing influx of $1 billion in investments. This remarkable surge in capital has caught the attention of analysts, who are now closely monitoring the situation and speculating that Ethereum could potentially reach a value of $20,000 per coin in the future. source: https://voiceofcrypto.online/news/ethereum-etfs-record-massive-inflows

Senators in the state of Wisconsin have filed an identical bill to accompany earlier legislation filed in the state’s lower house that aims to closely regulate crypto ATMs. source: https://cointelegraph.com/news/wisconsin-senate-companion-bill-crypto-atm-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin futures leverage hits a five-year high while spot ETFs log strong inflows, signaling potential volatility amid price consolidation. source: https://coincu.com/354503-bitcoin-leverage-hits-5-year-high-as-etf

According to PANews, Abraxas Capital is experiencing substantial floating losses totaling $244.78 million due to its short positions in BTC, ETH, SOL, HYPE, and SUI across two wallets amid a bullish market environment. The losses related to ETH alone exceed $188.7 million.

Solana and Chainlink led broad altcoin gains after a softer inflation print fueled expectations of a Fed rate cut amid institutional demand. source: https://decrypt.co/334906/solana-chainlink-lead-crypto-rally-double-digit-gains

According to BlockBeats, Swedish publicly listed company H100 Group has successfully completed a directed share issue, raising approximately 65.3 million Swedish kronor ($684 million). The shares were issued at a price of 7.94 Swedish kronor each. Since the implementation of its Bitcoin treasury strategy, the company has accumulated a total of approximately 1.181 billion Swedish kronor ($124 million).

According to BlockBeats, Pudgy Penguins announced that Nasdaq-listed company BTCS has acquired three Pudgy Penguins NFTs for its treasury. BTCS's Ethereum reserves are valued at approximately $300 million.

A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.