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Wednesday, 09/16/2026

Argentina to Launch Automatic Crypto Tax Information Exchange by September 2029

Odaily News: Argentina has committed to implementing the OECD's Crypto-Asset Reporting Framework (CARF) and will launch automatic exchange of tax information on crypto asset transactions no later than September 2029. Argentina must incorporate the framework into its national law by 2029 and clarify the reporting obligations of relevant crypto asset service providers.

Trading platforms, intermediaries, and other relevant service providers will be responsible for identifying qualifying users and collecting information such as names, addresses, tax residences, taxpayer identification numbers, and transaction details including crypto asset purchases, sales, and transfers. The measure will not introduce new taxes, nor does it mean users will automatically incur new tax obligations; Argentina's tax authority ARCA will be able to obtain standardized information on its residents' overseas crypto asset transactions and cross-check it against tax returns. The first annual information reporting period under the mechanism has not yet been publicly determined.

Li Hua Yi: The bull market trend has been established, choose to hold spot and observe

Liquid Capital founder Yi Lihua stated that the essence of investment is to seek assets with certain upward potential, while the essence of trading is to find strategies that yield stable profits. In a market where profits can only be made through speculation, it is often the case that losses outweigh gains, making it more important to control greed and the mentality of taking chances in investment and trading.Yi Lihua believes that the current market trend indicates a confirmed bull market, but there are still risk factors such as interest rate hikes and legislation in the short term. Therefore, the choice is to hold spot positions and observe, rather than participate in short-term speculation.

Argentina will launch automatic exchange of tax information on crypto assets by September 2029 at the latest

Argentina has committed to implementing the OECD's "Crypto Asset Reporting Framework" and will launch automatic exchange of tax information on crypto asset transactions by September 2029 at the latest. Argentina needs to incorporate this framework into its national laws before 2029 and clarify the reporting obligations of relevant crypto asset service providers.Trading platforms, intermediaries, and other related service providers will be responsible for identifying eligible users and collecting information such as names, addresses, tax residency, taxpayer identification numbers, and transaction information related to buying, selling, and transferring crypto assets. This measure will not introduce new types of taxes, nor does it mean that users will automatically incur new tax obligations; Argentina's tax authority ARCA will have access to standardized information on the overseas crypto asset transactions of domestic residents and will compare it with tax declarations. The first annual information reporting period to be included in this mechanism has not yet been publicly determined.

Japan's Financial Services Agency Moves to Advance On-Chain Finance and Upgrade Financial Infrastructure

Odaily News: Japan's Financial Services Agency (FSA) has released its "Fiscal Year 2026 Financial Administration Policy," proposing to identify the technical, institutional, and regulatory challenges of on-chain finance through public-private practical verification and dialogue, while ensuring user protection and financial system stability, and to build financial infrastructure that is both convenient and competitive.

The FSA will also advance the shortening and upgrading of securities settlement processes in conjunction with the development of asset tokenization, and plans to establish an on-chain finance forum for the AI era to discuss digital finance, decentralized finance, and the application of AI technology in the financial sector.

BSC Meme Coin 'Fruit Fly' Market Cap Briefly Tops $5 Million, 24H Gain Exceeds 990x

Odaily News: According to GMGN data, the market cap of the BSC ecosystem meme coin "Fruit Fly" briefly surpassed $5 million, with a 24H gain exceeding 990x, before falling back to around $4.55 million.

Earlier reports indicated that CZ posted on X that it would be cool if someone could create "immortal fruit flies" on BNB Chain.

Odaily reminds users that meme coin prices are highly volatile, and investors should participate with caution.

Data: The BSC ecosystem meme coin "Fruit Fly" briefly surpassed a market value of 5 million USD, with a 24H increase of over 990 times

According to GMGN data, the market value of the BSC ecosystem meme coin "Fruit Fly" briefly surpassed 5 million dollars, with a 24H increase of over 990 times, and is currently back down to around 4.55 million dollars.CZ posted on the X platform stating that it would be cool if someone could create "Immortal Fruit Flies" on the BNB Chain. Meme coin prices are highly volatile, so investors should participate with caution.

DeBot Isolates Wallet After Security Alert, Migrates Local and Stablecoin Assets 1:1 to New Keyless Wallet

Odaily News: According to monitoring by Cat, DeBot activated emergency protection after receiving a wallet security risk alert in the early hours of today, and the affected wallet has been temporarily isolated. Local currency and stablecoin assets will be mapped 1:1 into a new keyless wallet, while meme tokens will be partially transferred to the new wallet, which remains safe for trading.

During the protection period, users can still withdraw and transfer out tokens normally, but cannot export private keys for the time being; the restoration time will be announced separately. As of the publication of this announcement, no user asset anomalies have been detected. Once the migration process begins, users should stop using the old wallet and must not deposit or transfer assets into it; any new assets transferred into the old wallet after the migration starts may not be automatically migrated with this upgrade and could affect subsequent use. For other on-chain assets not migrated or meme tokens not migrated, users may transfer them on their own in a timely manner.

ARC Chain Meme Coin USDC Market Cap Briefly Tops $4 Million

Odaily News: According to GMGN market data, the market cap of the ARC chain meme coin USDC briefly surpassed $4 million, now at approximately $4.2 million, with an intraday gain of over 964x.

The token's narrative stems from a previous advertisement released by USDC official, which featured a "Fat Cat Bat Rat" character wearing a hat. The overall style is similar to the "animal wearing a hat" narrative of the classic meme coin WIF, and it was subsequently derived by the community into a related meme coin.

Odaily reminds that meme coin prices are highly volatile and susceptible to market sentiment and hot events. Please be aware of trading risks.

Address Turns $487.6 Into $578K on Arc Mainnet Tokens, a 118,483% Return

Odaily News: According to on-chain analyst Ai Yi, an address bridged CRCL from the Robinhood network to the Arc network via Long on September 8, then invested $487.6 across three tokens—LONG, BITCOIN, and USDC—with LONG acquired at $0.0000136. The address now holds an unrealized profit of $578,000, representing a return of 118,483%.

Data: ARC Chain Meme Coin USDC market value briefly surpassed 4 million USD

According to GMGN market data, the market capitalization of the ARC chain Meme coin USDC briefly surpassed 4 million USD, currently reported at about 4.2 million USD, with an intraday increase of over 964 times.The narrative of this token comes from an advertisement previously released by the official USDC, featuring the image of a "Fat Cat Bat Rat" wearing a hat, with an overall style similar to the classic Meme coin WIF's "hat-wearing animal" narrative, which was subsequently derived by the community into related Meme coins. According to market news, Meme coin prices are highly volatile and easily influenced by market sentiment and trending events, please be aware of trading risks.

Erebor Ends Free Stablecoin Redemption After Arbitrage by Wintermute and Other Firms

Odaily News: Erebor Bank, a crypto-friendly bank founded by Palmer Luckey, launched free withdrawal services for Circle and Tether stablecoins this year to attract crypto clients. Professional trading firms such as Wintermute exploited the arbitrage opportunity, causing losses for the bank, and the service was discontinued after several months.

The actual trading price of stablecoins does not always remain at $1; redemption fees, liquidity differences, and depegging risks can all cause price deviations.

Virtuals Protocol launches Occupy: a trading framework for building stock vaults, governed by the AI Senate

Virtuals Protocol announced the launch of Occupy, a product that serves as a launch platform deployed on Base. Each token on Occupy is paired with a tokenized stock, and all tokens corresponding to the same stock are collectively injected into the same treasury, which is managed by a ten-seat AI Senate elected by the holders.40% of each fee is used to purchase the paired stock and inject it into the treasury. The Senate can decide to hold the stock, distribute the stock to holders, or repurchase tokens, and operate the community X account. Candidates must publish their ideas and declarations, and holders vote to decide the seats. Creators can receive 30% of each fee.

Arc Chain Launches with Pump.fun Trading Support on Day One

Odaily News: Pump.fun officially announced that its app will support the Arc chain on its first day of launch, allowing users to seamlessly trade any Arc chain tokens with USDC, earn Callout rewards, and enjoy near-zero transaction fees.

The news was subsequently shared by Circle CEO, and the official Arc chain account responded in the comments section: "Built for this."


DeBot issued a wallet security risk alert in the early morning, initiating emergency isolation and automatically migrating assets

The DeBot team member Cat announced that on September 16th, early in the morning, DeBot received a wallet security risk alert and immediately initiated emergency protective measures. The affected wallets have been temporarily isolated. The official statement indicated that the assets in the affected wallets, including local currency and stablecoin assets, will be automatically transferred to a new non-private key wallet at a 1:1 ratio, and a portion of the Meme tokens will be transferred. The new wallet can still conduct secure transactions normally.During the protection period, users can still withdraw and transfer tokens normally, but it is temporarily not possible to export private keys. The specific recovery time will be notified separately. As of the announcement, no abnormal user assets have been found. The platform reminds users to immediately stop using the old wallet, refrain from continuing to recharge, and suggests checking for other public chain assets or some Meme coins that have not been automatically transferred and completing manual transfers in a timely manner.

Solana Meme Coin PAID Market Cap Briefly Tops $20 Million, 24H Gain Exceeds 990x

Odaily News: According to GMGN data, the market cap of Solana-based meme coin PAID briefly surpassed $20 million, with a 24-hour gain exceeding 990x, before falling back to $13.4 million.

It is reported that UsePaid is a tool for automatically splitting token creators' fees: project teams can import creator fees generated by meme coins into UsePaid, where 80% is converted to USD and paid to designated X users via X Money, while 20% is used to buy back and burn $PAID.

Odaily reminds users that meme coin prices are highly volatile, and investors should participate with caution.

Arc's Economic OS to Launch Tomorrow

Odaily News: Arc announced on X that Economic OS will launch tomorrow, providing a financial foundation for the open agent economy, enabling machines to automatically spend USDC according to rules and settle on the Arc chain.

Additionally, Arc will host a mainnet launch livestream in New York. The developer warm-up session will run from 11:30 AM to 1:30 PM ET on September 16, starting at 11:30 PM Beijing time on September 16; the main stage official session will run from 2:00 PM to 3:45 PM ET on September 16, starting at 2:00 AM Beijing time on September 17.

Blockworks researcher: Holds a constructive attitude towards sUSDai, CHIP adjusted to neutral

Blockworks researcher Nick Carpinito stated: he holds a constructive attitude towards the GPU mortgage protocol USD.AI's sUSDai and has adjusted CHIP from underweight to neutral. The current net yield of sUSDai is 6.98%, with loan interest currently accounting for about three-quarters of that yield, and gradual increases in custody will lead to mechanical adjustments.The deployed principal has reached $272.4 million, covering 17 loans, accounting for 46% of the protocol's $586 million TVL, with an additional $312.1 million already signed in the terms list. The trading price of CHIP is approximately $0.041, with a fully diluted valuation of about $408 million. It maintains a constructive view on sUSDai, with a net yield of 6.98% expected to rise above 8% with the transition of custody; it maintains a neutral stance on CHIP until the fee routing or the cliff unlock decision in April 2027 determines the direction.

Arc Official: Economic OS will launch tomorrow

Arc officially announced on the X platform that Economic OS will launch tomorrow, providing a financial foundation for an open agent economy, supporting machines to automatically spend USDC according to rules, and settling on the Arc blockchain. In addition, Arc will hold a mainnet launch live broadcast in New York.The developer warm-up session will start from 11:30 AM to 1:30 PM Eastern Time, which is 11:30 PM Beijing Time; the main stage formal session will be from 2:00 PM to 3:45 PM Eastern Time, which is 2:00 AM Beijing Time.

Miden launched the privacy self-custody wallet Bread

Miden launched the privacy self-custody wallet Bread, supporting iOS, Android, and Chrome, currently running on the Miden testnet. Users can gain mainnet access through the early access list. Miden Wallet is no longer in service.