4E: The US Senate will hold closed-door talks with several crypto executives; the scale of virtual asset ETPs on the Hong Kong Stock Exchange has reached HK$8.1 billion.


On October 20th, according to 4E observations, several executives from cryptocurrency companies (including Coinbase, Chainlink, Galaxy, etc.) will hold a closed-door roundtable meeting with Democratic senators this week to discuss market structure legislation and industry development direction. The meeting will be chaired by Senator Kirsten Gillibrand, against the backdrop of the Democratic DeFi regulatory proposal sparking industry backlash.