Odaily Planet Daily reports that Gemhead Capital has officially announced a $5 million strategic investment in BihuoPro. BihuoPro is developing next-generation private domain financial data and sentiment intelligence infrastructure for the altcoin market. By structuring community behavior into tradable signals, BihuoPro helps institutions and advanced traders understand consensus formation within private communities, the cross-influence between people, events, and assets, and early sentiment shifts before price movements. BihuoPro positions itself as the "Bloomberg of market sentiment," dedicated to digitizing the invisible consensus layer in the cryptocurrency space. Gemhead Capital will support BihuoPro's next phase of growth.

At the Consensus conference in Hong Kong, Grayscale's Chief Legal Officer, Craig Salm, discussed how privacy-preserving assets like Zcash (ZEC) can achieve selective disclosure while maintaining confidentiality and fulfilling tax and regulatory obligations. He believes innovation and compliance can coexist. Salm stated, "If you have a business need and want to pay a large sum to a supplier, but don't want other companies or competitors to see it, which could expose your business information, you'd want the transaction to remain private. Paying with Bitcoin doesn't necessarily achieve this because the blockchain is transparent. We've seen this on platforms like X, with dedicated accounts tracking on-chain transactions. So you can imagine the scenarios where this need exists. The most interesting aspect of privacy-preserving tokens like Zcash is 'selective disclosure.' You can selectively disclose information to a specific entity, such as proving to the IRS that you've paid your taxes correctly, while maintaining privacy in everyday business or personal transactions. So, we think this is a very interesting currency. We already have a sizable Zcash trust, and we're working on converting it into an ETF, just like we've done for several other products."

Odaily Planet Daily reports that the Dubai Financial Services Authority (DFSA) has released an updated regulatory framework for crypto tokens, allowing DFSA-regulated entities to choose which crypto tokens to use without needing DFSA approval. This update will take effect in January 2026. The FAQ clarifies that crypto tokens encompass tokens used as a medium of exchange for payments or investments, but exclude NFTs, utility tokens, or investment tokens such as security tokens and stablecoins. Stablecoins can only be used for payments by asset management companies. DFSA-licensed financial services companies can offer crypto token-related products if they comply with the crypto token regime and meet relevant requirements (e.g., a suitability assessment under GEN Rule 3A.2.1). The suitability of a crypto token can be assessed based on several criteria, such as its characteristics, including its purpose, governance arrangements, and founders. Secondly, the regulatory status of the crypto token in other jurisdictions, including whether it has been assessed or approved for use by financial services regulators, and the size, liquidity, and trading history of the crypto token in the global market. Finally, the technology associated with the crypto token; and whether the use of crypto tokens would impede an individual's compliance with the laws governed by the Dubai Financial Services Authority (DFSA). (Cryptopolitan)

Bitget announced the launch of Agent Hub, further expanding the infrastructure capabilities for its AI Agents to deeply participate in crypto and TradeFi market trading. Built on the Bitget API, Agent Hub features an officially packaged Model Context Protocol (MCP) toolkit, enabling AI Agents to securely access market data and execution capabilities through standardized interfaces. The platform provides exchange-maintained MCP servers and supports rapid integration, allowing developers to complete integration in as little as three minutes. It also features a dedicated sub-account system to strengthen access control and asset security. AI is reportedly one of Bitget's three core strategies for 2026. Agent Hub will be embedded in Bitget's panoramic exchange UEX architecture, supporting cross-asset class operations under a unified account and risk system. This will drive AI agents from experimental tools to real market participants, providing production-grade infrastructure support for AI-driven trading.

Despite urging from Trump administration officials to seek compromise, a meeting this week at the White House between Wall Street bankers and cryptocurrency executives reached an impasse. Banks insisted that any stablecoin yields or rewards were unacceptable, arguing that such returns threatened core deposit activity in the U.S. banking system, and outlined their position in a paper titled "The Prohibition of Yields and Interest Principles." The Digital Chamber, in an article published on its X platform, stated that the industry organization released a set of principles for stablecoin legislation, aimed at responding to and countering regulatory recommendations previously made by Wall Street banks to U.S. lawmakers. The organization advocates that stablecoin issuers should be able to access the Federal Reserve's payment system and allow non-bank institutions to issue stablecoins under an appropriate regulatory framework. The principles emphasize that stablecoin regulation should focus on the transparency and liquidity of reserves, rather than fully integrating them into the traditional banking regulatory system. (Coindesk)