Jin10 reported that President Pezeshkian described Iran as facing a comprehensive war spanning its economic, security, and military domains.

The Bank Policy Institute, which represents several large U.S. banks including JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup, has proposed that FinCEN broaden customer identification requirements to stablecoin secondary markets. The plan would cover exchanges and other platforms that maintain direct account relationships with retail users.

BPI argues these venues handle a substantial portion of trading activity in the payment-stablecoin ecosystem, and that most illicit activity related to stablecoins occurs in these markets.

If adopted, the platforms would be required under the Bank Secrecy Act to collect customer information, and decentralized exchanges could also come under regulation.

FinCEN’s draft rule notes that stablecoin secondary market transactions on blockchains often involve anonymous or pseudonymous identities and lack a centralized node to collect identity information, which limits issuers’ ability to gather customer data from secondary markets.

BPI has also joined other banking groups in opposing the current version of the Digital Asset Market Clarity Act.

The Bank Policy Institute, which represents major banks including JPMorgan, Bank of America, Wells Fargo, and Citi, is asking the U.S. Treasury’s FinCEN to expand the scope of its customer identification program requirements to stablecoin secondary markets.

The proposal targets exchanges and other platforms that maintain direct account relationships with retail users, BPI said, noting that these venues handle a large portion of buying and selling activity in the payment stablecoin ecosystem and are where most illicit activity tied to stablecoins occurs.

Under the plan, these platforms would be required to collect customer information under the Bank Secrecy Act, and decentralized exchanges could also come under oversight if the rules are adopted.

FinCEN’s draft rule notes that stablecoin secondary-market transactions on blockchains typically involve anonymous or pseudonymous identities and lack a centralized node to gather identity data, limiting issuers’ ability to collect customer information from secondary-market users.

BPI has also opposed the current version of the Digital Asset Market Clarity Act alongside other banking groups.

Circle issued about 7.5 billion USDC and redeemed roughly 6.7 billion USDC during the seven days ended August 20, resulting in an increase in circulating supply of around 800 million tokens.

Odaily estimates that total USDC in circulation reached 72.7 billion tokens, with reserves totaling about $72.9 billion.

The reserve mix includes roughly $48.1 billion in overnight reverse repurchase agreements, about $12.7 billion in U.S. Treasuries maturing in under three months, around $11.4 billion deposited at systemically important institutions, and about $700 million in other bank deposits.

On Aug 23, 2026, at 03:33 AM UTC, Binance Market Data shows BNB trading at 689.929993 USDT after dipping below the 690 level.

The 24-hour loss is listed at 4.26%.

A report cited by Jin10 quotes Iran's ambassador to Russia, Jalali, saying in an interview with Sputnik News Agency that U.S. military morale is low.

He added that the Pentagon or other U.S. officials have not confirmed the claim.

Pony AI reported first-half 2026 revenue of $70.47 million, up 98.9% from a year earlier, with a gross margin of 16.9% and a net loss of $98.86 million, according to Jiemian News.

Robotaxi revenue rose 534% to $20.6 million, while the second-quarter net loss attributable to Pony AI Inc. increased to $59.8 million from $53.1 million a year earlier.

As of the end of June, Pony AI’s cash, restricted cash, short-term investments and long-term restricted investments totaled about $1.39 billion, and operating cash outflow in the first half widened to $118 million from $79.57 million a year earlier.

The company had 1,975 Robotaxi vehicles globally at the end of the first half and is targeting more than 3,500 vehicles by the end of 2026.

TAC is examining a vulnerability incident on its Cosmos-based EVM sidechain, with the impact confined to the TAC token supply.

Odaily reports that the team is coordinating with TAC validators to temporarily halt blockchain operations and will issue updates on the investigation and the plan for restoring the chain.

The project urges users to rely solely on official channels for the latest information.

According to Foresight News, TAC said it is examining a vulnerability on its Cosmos-based EVM sidechain.

The incident reportedly affected only the TAC token supply.

The team is coordinating with TAC validators to temporarily pause the chain and will provide the investigation results and a recovery plan at a later date.

Syria's government condemned an Israeli strike on the village of Beit Jinn, located southwest of Damascus, saying a civilian vehicle was hit and several people were injured.

The attack marked the second reported Israeli strike on Syria in the past week, with Damascus calling it a violation of its sovereignty and international law.

The Israeli military said on X that it had targeted a terrorist in the final stages of preparing attacks that posed an immediate threat to soldiers.

The latest incident followed reports that Israel struck the Abu al-Duhur military airbase near the Turkish border, a development Syria warned could raise tensions in the region.

The United States issued a rare rebuke, describing the earlier strike as an unnecessary escalation that did not advance regional stability.