The past 24 hours brought a dense mix of regulatory, market and infrastructure developments across crypto and adjacent tech sectors. Grayscale’s head of research, Zach Pandl, said U.S. crypto regulation can keep moving even if Congress fails to pass the CLARITY Act this year, pointing to progress already underway in stablecoins, token issuance, tokenized securities and perpetual futures. OpenAI CEO Sam Altman, meanwhile, said the company will not go public this year and that an IPO could slip to 2027, citing safety concerns and the company’s ongoing work on alignment and government cooperation. Elsewhere, Strategy published a fresh Bitcoin investor guide framing BTC as the foundation of an emerging digital capital market, while CoinShares argued hotter U.S. CPI data may cap near-term upside for Bitcoin even as failed Treasury buybacks could create a medium-term tailwind. South Korea’s digital asset basic law may be delayed into the first half of next year, Brazil’s new capital rules could force hundreds of exchanges to exit, and Chainflip disclosed a Tron USDT exploit that led to unauthorized payouts. Ripple, TRM Labs, Tom Lee, Jiang Zhuoer and others also added new data points on stablecoins, market structure, AI-linked macro risk and positioning.

PANews’ latest daily roundup spans crypto regulation, macro events, project updates, market commentary, and notable data points. Lisk’s LSK token led market attention after surging 512.7% in 24 hours, with liquidations tied to the token reaching $38.3655 million, the highest across the market. In regulation, Thailand’s Securities and Exchange Commission proposed new stablecoin rules that would limit transfers to a user’s own verified accounts or wallets and cap daily inflows and outflows at 5 million baht per platform. In Washington, Patrick Witt, executive director of President Donald Trump’s digital asset advisory council, said the window for the Clarity Act is closing ahead of a Sept. 15 procedural vote, while the House Ways and Means Committee is set to review crypto tax bills on Sept. 16. Elsewhere, Grayscale filed with the SEC to convert its Litecoin Trust into an ETF under the ticker LTCN, several crypto and fintech firms disclosed operational or security developments, and OpenAI CEO Sam Altman signaled that leading AI companies may soon cooperate to address safety risks.

Vy Capital holds SpaceX shares worth about $40 billion, equal to roughly 3.4% of the company, according to a Financial Times report cited by BlockBeats on Sept. 13. Bloomberg data shows the firm is now SpaceX’s fifth-largest shareholder, with a disclosed position larger than those of Sequoia Capital and Andreessen Horowitz. Vy Capital first invested in SpaceX in 2016, when the company was valued at about $15 billion. After SpaceX listed this year at an estimated $1.75 trillion valuation, the value of that stake rose sharply. The firm is also the largest external investor in Elon Musk’s The Boring Company and Neuralink, and it pledged $700 million to Musk’s 2022 acquisition of Twitter. Vy Capital’s assets under management increased from $27 billion at the end of last year to $50 billion in June. In a letter to investors, the firm said it has generated a 41% gross internal rate of return since its 2014 founding and has distributed $4.6 billion to investors.