Odaily reports: Coinbase EU Policy Chief Roeland Van der Stappen stated that tightening regulation of decentralized finance (DeFi) in the European Union could prompt regulated crypto platforms to restrict or cease offering DeFi services, pushing users toward platforms with less investor protection. He noted that if suitability tests were extended to DeFi services beyond lending, stablecoin swaps and leveraged lending could be treated in the same manner.Roeland Van der Stappen said that lending, liquidity provision, and on-chain swaps are most likely to be affected, and some service providers may scale back services or completely revoke DeFi access. He believes that restricting access through regulated platforms could also fragment DeFi liquidity, leading to worse trading prices for EU users and driving users toward service providers outside the EU with fewer safeguards. (Cointelegraph)

Odaily Report: According to Onchain Lens monitoring, BlackRock transferred 4,189 BTC (approximately $305 million) and 68,230 ETH (approximately $139 million) from its ETF wallets to Coinbase Prime within the past 30 minutes, with total transferred assets amounting to approximately $444 million.

Odaily reports: According to CoinGlass data, the Coinbase Bitcoin Premium Index has recorded negative values for 50 consecutive days, most recently at -0.13%, with a 30-day average of -0.15%.The Coinbase Bitcoin Premium Index measures the Bitcoin price difference between Coinbase and Binance, and is used to observe buying and selling pressure in the US market relative to the global market. A persistently negative index typically means Coinbase's quotes are relatively lower, which can reflect weaker buying or heavier selling pressure in the US market, though this indicator alone should not be used to directly conclude that institutional capital is flowing out.Previously, on August 24, the Coinbase Bitcoin Premium Index turned positive for the first time since May 19, briefly ending the longest negative premium streak in history at 97 consecutive days.

Odaily Report: According to monitoring by on-chain analyst Yu Jin, crypto VC @strobefund transferred the final 50 million ENA to Coinbase 1 hour ago, completing the liquidation. This address (0x3C7...0f54) transferred a total of 101.95 million ENA to Coinbase within one day, worth approximately $15.6 million. The 142.9 million ENA obtained by @strobefund through investment has all been sold, with a total sale value of approximately $32.95 million and an average price of approximately $0.23.

Odaily: Coinbase has launched agentic trading control features that allow users to set trading limits and automatic stop.

Odaily: Bitcoin News posted on X that Coinbase has received final approval from the U.S. Office of the Comptroller of the Currency to operate as a federally chartered national trust bank, with its business primarily focused on institutional digital asset custody. The entity cannot accept retail deposits, issue stablecoins, or provide traditional loans. Coinbase plans to gradually migrate its existing custody business to this federal entity over the next three years.

According to Onchain Lens monitoring, Morgan Stanley (9TtddX...9V8) transferred 48,828 SOL (approximately $4.01 million) from its MSOL Solana ETF wallet to Coinbase Prime 10 minutes ago.

According to Onchain Lens monitoring, BlackRock transferred 2,252 BTC and 72,210 ETH from its ETF wallets to Coinbase in the past 30 minutes, valued at approximately $166.94 million and $151.42 million respectively, totaling about $318.36 million.

Odaily reports: Coinbase, Kalshi, Payward, DRW Holdings, Jump Trading, and Paradigm have applied to the court to file an amicus brief supporting CFTC oversight of single-stock perpetual futures in the United States. The brief responds to a lawsuit filed last week by the Capital Markets Alliance (CMA); the CMA seeks to overturn the CFTC's approval of these products, arguing that equity perpetual contracts have no fixed expiration date and should be treated as "security-based swaps" that cannot be listed on CFTC-regulated exchanges. The institutions stated that the SEC has been involved since the beginning of the regulatory process, and that the SEC and CFTC jointly sought public comment.

Odaily: Coinbase and other institutions have applied to file an amicus brief in support of CFTC regulation of single-stock perpetual contracts in the U.S.