According to BlockBeats, on August 25, the U.S. Treasury Department announced the establishment of the "Quantum Security Readiness Working Group" to lead the transition of the financial industry to quantum-resistant cryptography technology in order to strengthen the security of sensitive data, critical infrastructure and the digital economy.

Treasury Secretary Bessant stated that the United States must be at the forefront of technological security, and the working group will ensure the financial system remains safe, stable, and competitive in the face of new technological shocks. The working group brings together government agencies, financial institutions, and technology providers, focusing on three main tasks: promoting the post-quantum cryptography migration of the financial industry, improving third-party supply chain security preparedness, and assessing the risks posed by digital assets and emerging technologies.

The U.S. Treasury Department points out that once quantum computing matures, it will be able to break existing encryption systems, posing a long-term threat to financial data, payment systems, digital identities, and market infrastructure. Therefore, deploying post-quantum cryptography technology early is a crucial step in maintaining economic security and the resilience of the financial system.

According to BlockBeats, on August 25th, U.S. Treasury Secretary Bessenter did not provide further signals regarding U.S. Treasury operations at the "Economic D-Day" press conference. Previously, due to the 30-year Treasury yield surging to its highest point since 2007, Bessenter unexpectedly announced an expansion of the long-term Treasury repurchase program. As planned, from September 9th to November 4th, the minimum amount for each repurchase will be increased from $2 billion to $4 billion.

When asked whether he would further expand the repurchase program, Bessant responded, "We haven't bought a single bond yet, and the next operation will be on September 9th." Just recently, he had hinted that the repurchase program might exceed the newly set lower limit, so this statement clearly shows a more restrained tone.

Analysts point out that bond repurchase agreements are essentially a routine and predictable debt management tool, not an emergency measure to address market pressures. Previously, Bessant claimed to have "a whole suite of tools" to stabilize the bond market, sparking speculation that the Treasury might reduce the issuance of long-term bonds. Regarding whether the scale of long-term bond auctions would be reduced, Bessant stated that the Treasury would "proceed according to the regular issuance plan," and hinted that specific arrangements would be revealed in the next quarterly refinancing announcement.

According to BlockBeats, on August 25th, based on HTX market data, the market capitalization of Meme coin CASHCAT on Robinhood Chain exceeded $200 million, currently trading at $209 million, a 24-hour increase of 40.73%.

According to BlockBeats, on August 25th, The Information reported that internal documents show Meta Platforms plans to launch a consumer version of its OpenClaw AI agent (internal project name Hatch, a smart shopping tool for Instagram) as early as the next few weeks, and has set the release date for its latest AI model, "Watermelon," in October.

Hatch is part of Meta CEO Mark Zuckerberg's strategic plan to commercialize the company's massive AI investments and reduce its over-reliance on advertising revenue. Meta is considering a tiered pricing system, with a premium subscription costing up to $199.99 per month, offering higher usage limits.

According to BlockBeats, on August 25, former Bank of Japan official Seiji Adachi stated that the Bank of Japan is likely to raise interest rates next month, which would confirm widespread market predictions.

In an interview, Seiji Adachi stated, "The Bank of Japan is essentially in a dilemma. The market has largely priced in a rate hike. If the central bank doesn't raise rates, the yen could weaken significantly again." This comes after US Treasury Secretary Bessant indicated that policy action was needed following foreign exchange intervention and expressed hope that Bank of Japan Governor Kazuo Ueda would raise interest rates. "Bessant has repeatedly hinted that the Bank of Japan would be the next institution to take action," Adachi said. "Given this, the government cannot tell the Bank of Japan 'don't do it.'"

Seiji Adachi points out that Japan's inflation momentum is strong, and after the Bank of Japan raised interest rates as expected in September, it is very likely to continue raising rates. He stated, "I believe the Bank of Japan will take action again in January next year, and the rate hike cycle is very likely to continue for some time, even exceeding the 1.25% or 1.5% level that was previously considered the end of this cycle."