On September 8, 2025, significant developments occurred in the cryptocurrency world, including HashKey's fund launch and new SEC initiatives.
HashKey Launches $500 Million Fund
Hong Kong's largest licensed exchange, HashKey, has announced the launch of its first Digital Asset Treasury fund targeting an initial $500 million. 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.
SEC Unveils New Crypto Rules
The U.S. SEC has rolled out a new rulemaking agenda aimed at overhauling crypto policy. The plan seeks to clarify digital asset offerings, introduce exemptions and safe harbors, and allow crypto trading on national exchanges and ATS. It also aims to ease public company disclosure rules.
SEC and CFTC Coordinate on Crypto Trading
The SEC and CFTC have announced a joint initiative to coordinate guidance around leveraged, margined, or financed spot retail commodity trading in digital assets. This unified regulation could bring clarity and safer infrastructure to retail crypto products, paving the way for more legitimate derivatives and on-ramp offerings.
The news events of September 8, 2025, highlight significant changes in the cryptocurrency landscape that could impact the investment climate and regulatory environment.
