Major News Headlines for Today

1. Grayscale Announces Plans To Launch Ripple Trust Fund
Grayscale announced in an official statement on Sept. 12 that it will launch an XRP trust fund to meet investor demand. Sharif Askari, head of Grayscale's products, announced that the trust fund launched by Grayscale will be sold to individual and institutional investors as a fund that is directly exposed to the spot price of XRP.

2. Goldman Sachs Researcher "XRP, the Future of the Global Financial System"
Isabella Rosenberg, a Goldman Sachs researcher, said in an interview conducted by asset management firm Black Swan Capitalist on Sept. 12 that Ripple will reform the global financial system, pointing out the efficient settlement function between global banks. Meanwhile, Rosenberg pointed out that Bitcoin(BTC) will be a solution in the changing global financial system.

3. U.S. Rep. Suggests SEC-CFTC Crypto Regulatory Collaboration
U.S. Rep. John Rose proposed a collaboration between the Securities and Exchange Commission(SEC) and the U.S. Commodity Exchange Commission(CFTC) to efficiently regulate cryptocurrency in the U.S. Congressman Rose proposed the Bridge Digital Asset Act to the House of Representatives on Sept. 12. The Bridge Digital Asset Act stipulates that the SEC and CFTC form a joint advisory committee, and that the committee will be an agency that advises SEC and CFTC on market regulation.

4. USDC Adds Arbitrum to Web 3.0 Platform
USDC, the second-largest stablecoin by market capitalization, said in an official statement on Sept. 12 that it has added Layer 2 network Arbitrum to USDC's Web 3.0 infrastructure platform.

5. Trump "Next Monday, DeFi Protocol Launched"
Former President Trump announced the launch of the DeFi protocol 'World Liberty Financial' on Sept. 16. Former President Trump explained on his X account on Sept. 13 that he would release the DeFi protocol for the purpose of bank reform. Currently, details of World Liberty Financial have not been disclosed.

6. U.S. House Majority Points Out Corruption in Recruitment of SEC Chairman
A number of U.S. House members have pointed out corruption in hiring Gary Gensler, chairman of the SEC. Representatives Jim Jordan, Patrick McHenry and James Comer sent an official letter to Gensler on Sept. 11 demanding a clear explanation of the circumstances in which the chairman hired politically oriented personnel.

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