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A look at the key developments from midday on September 30th

7:00-12:00 Keywords: DePIN, QMMM, DoubleZero, Jito Labs

1. Massachusetts, USA will hold a hearing to review the Bitcoin Reserve Act;

2. The SEC of the United States determined that the DePIN token "essentially" does not fall within its jurisdiction;

3. The SEC suspends trading of Bitcoin and Ethereum treasury company QMMM stocks;

4. Core Scientific is scheduled to hold a shareholder vote on the merger case with CoreWeave on October 30;

5. The New York Stock Exchange meets with the SEC's cryptocurrency special working group to discuss tokenized stocks;

6. Burwick Law firm requests the dismissal of the lawsuit against Jito Labs in the pump.fun case;

7. Data: Since August, 94% of the funds used to purchase Bitcoin by Strategy have come from diluting MSTR stocks;

8. The SEC issues a letter of no enforcement action to DoubleZero, confirming that its 2Z token does not need to be registered as equity securities.

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