4E: Senate Tax Hearing, SEC & CFTC Collaboration, SOL Treasury Expansion

ChainCatcher news, according to 4E observations, U.S. Senate Finance Committee Chairman Mike Crapo announced a hearing titled "Review of Digital Asset Tax Policy" to be held on October 1. At that time, Coin Center, ASKramer Law, Coinbase, and the American Institute of CPAs will testify on the inclusion of cryptocurrency in the federal tax code. This is an important step following the House of Representatives and may promote the modernization of taxes in the $2.5 trillion crypto market.
The U.S. SEC announced the agenda for the joint roundtable with the CFTC on September 29, with core topics including regulatory coordination, investor protection, and reducing market participation costs. Former CFTC Chairman J. Christopher Giancarlo, SEC Division of Trading and Markets Director Jamie Selway, and others will attend. The market generally believes that the rare joint appearance of the two regulatory agencies signals a more institutionalized approach to the crypto market.
On the capital front, Solana Treasury Company SOL Strategies announced a private placement financing of $25 million through stock and warrants, with Canaccord Genuity serving as the exclusive bookrunner. The funds will be used to expand digital asset allocations and further support the growth of SOL reserves.
On the technology front, Ethereum co-founder Vitalik Buterin revealed that the Fusaka upgrade will introduce the PeerDAS data availability solution, allowing nodes to verify security without downloading the full block. Vitalik emphasized security first and plans to gradually increase the number of blobs to promote the scaling process of Ethereum L1 and L2.
4E reminds investors: Regulatory discussions and institutional expansion indicate that the market is entering deep waters, and the policy framework and technological breakthroughs will shape a new cycle. However, in the short term, there is still uncertainty regarding legislative progress and financing implementation, so investors should remain cautious while paying attention to fundamentals-driven factors.