California has banned public officials from issuing meme coins, a move aimed at limiting political conflicts in crypto and improving investor confidence. In Washington, SEC Commissioner Peirce is scheduled to exit on Oct. 2, potentially leaving a two-member quorum and delaying finalization of Regulation Crypto Assets amid market uncertainty. The Fed has proposed stablecoin reserve and capital rules under the GENIUS Act, with a 60-day comment period expected to shape issuer compliance costs. In Europe, the EBA is urging MiCA rules for DeFi lending intermediaries as the Sept. 30 consultation deadline approaches, increasing pressure on CASPs (crypto-asset service providers). NYSE Arca approved Bitwise's NEAR spot ETF, ticker NRR, after which NEAR rose 4.5% to $5.31. Quant surged 53.66% to $163.71 after The Clearing House selected it for the On-Chain Money Initiative to settle tokenized bank deposits. Worldcoin rose 15.00% to $0.568 amid renewed demand for AI-linked identity products following Grayscale's July S-1 filing for the first U.S. WLD ETF, while Pyth Network gained 8.56% to $0.084 as oracle TVS reached record levels and cross-chain feeds expanded across more than 40 blockchains. Bitcoin ETFs attracted $134.47 million on Friday, extending a seven-day inflow streak to nearly $3 billion, led by BlackRock's IBIT with $96.99 million. A dormant whale moved 4,499 BTC worth $378.4 million between unknown wallets after four years of inactivity. Galaxy Digital added $100 million in sUSDS to its treasury and secured a $500 million Grove lending facility, while Strategy bought 950 BTC for $75.7 million, taking its holdings to 846,000 BTC valued at $71.81 billion. Hyperliquid trader mk4 held a $31.28 million NEAR long position at 10x leverage, with $17.55 million in unrealized profits representing 7.68% of open interest. The week also includes U.S. economic releases, China's National Day holiday and several token unlocks, including DoubleZero's $114 million release, equal to 47.7% of supply. The update ends with a reported +5.55% market move.