U.S. Senator Cynthia Lummis said on X that if the Clarity Act does not pass in the current Congress, the next real chance to reintroduce market structure legislation may not come until 2030. According to Odaily, she said passing the bill now would avoid losing jobs, investment, and tax revenue over the next several years.

Ethereum co-founder Vitalik Buterin said SNARKs, FHE, and iO each have a 60% chance of eventually running at less than 10 times the cost. According to ChainCatcher, he said SNARKs are the most likely to achieve this first, with implementation expected by the end of this century.

U.S. Senator Cynthia Lummis said that if the CLARITY Act does not pass in the current Congress, the next chance to reintroduce market structure legislation may not come until 2030. According to Foresight News, Lummis said passing the bill now would help avoid wasting years of jobs, investment, and tax revenue.

人工智能从根本上改变了首席信息安全官（CISO）的角色——使其从服务器机房的专家转变为与首席执行官（CEO）直接沟通的高管，跻身董事会

Chancellor John Healey is set to announce a £150m fund for companies in the north of England as part of a wider plan to boost UK economic growth, according to BBC. The money, drawn from funds already allocated to the British Business Bank, will offer investments of between £5m and £15m for the most innovative and fast-growing firms, including university spin-outs and other ambitious businesses. Healey is expected to say public investment can unlock private capital, support the innovation economy and create jobs in the regions. The speech comes ahead of his first Budget on 28 October, against a backdrop of higher government borrowing costs and concerns about the inflationary impact of the Iran war.

According to Yonhap, HKET and UDN Money, Asian equities opened broadly higher on Monday, led by a chip-driven rally in Tokyo and Seoul, while Hong Kong slipped at the open. Tokyo's Nikkei 225 opened sharply higher, trading around 66,320.31 as of 01:39 UTC, up about 2.00% (+1,299.37), with chip-equipment names leading. Tokyo Electron rose 4.67% and Advantest gained 4.53%, while Sony eased 2.27%. Seoul's KOSPI opened at 6,910.78, up 223.57 points, and was at 6,886.58 as of 01:39 UTC, up 2.98%. The KOSDAQ opened at 822.91, up 9.41 points. Samsung Electronics advanced 3.72% and SK Hynix gained 5.77% as memory-chip demand optimism persisted. Hong Kong's Hang Seng opened flat, up 2 points at 25,652, and stood at 25,577.48 as of 01:39 UTC, down 0.29%. The Hang Seng Tech Index eased about 0.3% to 4,558. Newly promoted blue chip Hua Hong Semiconductor rose nearly 2%, while Meituan slipped 0.31% and Xiaomi fell 0.77%. Taiwan's TAIEX opened up 172.87 points at 46,724 and reclaimed the 47,000 level, standing at 47,254.10 as of 01:39 UTC, up 1.51%. TSMC rose 1.45% to NT$2,445 and MediaTek gained 9.29% to NT$4,825, while Hon Hai eased 0.98%. In mainland China, the Shanghai Composite opened firmer and was at 3,938.80 as of 01:39 UTC, up 0.22%, while the Shenzhen Component gained 0.95% to 13,646.04. Sentiment was supported by news that the Ministry of Finance will issue 300 billion yuan of special treasury bonds to help eight central state-owned financial enterprises replenish capital, with the firms announcing a combined 360 billion yuan capital injection.

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The People's Bank of China conducted RMB 5 billion of 7-day reverse repos today at an unchanged rate of 1.4%, according to ETNet. RMB 5 billion of reverse repos matured in the open market today, leaving a net drain of RMB 4.5 billion. The central bank also said it would roll over RMB 500 billion of 3-month buyout reverse repos today, matching the amount due. The operation matures on December 5, 2026, or the next business day if that falls on a holiday.

CR Land's Southwest Kowloon project The Sterling sold all 101 units offered in its final price-list sale last Saturday, according to ETNet. The project has sold a total of 482 units, including price-list and tender units, across three sales rounds in 15 days, generating nearly HK$4.56 billion. CR Land Overseas Managing Director Shi Weixian said the A group drew strong demand, with all available three-bedroom units selected in less than two hours and 42 bookings recorded, raising more than HK$380 million. The project also sold 18 tender units and set two new records. A unit on the 48th floor of Tower 3A, with a saleable area of 655 square feet plus a 597-square-foot rooftop, changed hands for HK$19.19 million, or HK$29,300 per square foot, both new highs for the project. Shi said the project’s Phase II, The Sterling II, has already obtained pre-sale consent, and sales preparations are under way, with details expected to be announced soon.

The Hang Seng Index quarterly review took effect today, with the two new blue-chip additions opening in mixed fashion, according to ETNet. Huahong Semiconductor (01347) rose 1.9% to HK$111.8, with turnover of about 3.74 million shares worth HK$411 million. Weichai Power (02338) fell 0.4% to HK$32, with turnover of about 9.41 million shares worth HK$302 million. In the Hang Seng Tech Index, newly added Cambricon Technologies (09903) opened up 3.3% at HK$396.4, while removed constituent Tongcheng Travel (00780) opened down 2.7% at HK$11.7. The Hang Seng Index was last at 25,652, up 2 points or less than 0.1%, with main-board turnover above HK$11.2 billion. The Hang Seng China Enterprises Index was at 8,548, down 6 points or less than 0.1%, while the Hang Seng Tech Index was at 4,558, down 11 points or 0.3%.

Vitalik said he recently updated the EIP-8141 "Frame Transaction" proposal. According to Odaily, the proposal includes atomic batch execution of up to 64 operations, social recovery support, P256 quantum-resistant signatures, and the ability for anyone to pay gas fees for users. The proposal was co-authored by Vitalik, lightclient, and eight other experts, and is planned for inclusion in the 2027 Hegotá upgrade.

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