7:00-12:00 Keywords: Shanghai Composite Index, Gold, Encryption Legislation 1. The Shanghai Composite Index once again stood at 4000 points in ten years; 2. Hong Kong stocks and gold stocks opened lower, and China Gold International fell 3.3%; 3. Institutions: The combination of Federal Reserve interest rate cuts and shrinking the balance sheet may boost market risk appetite; 4. Spot gold fell US$14 in the short term, with the latest reported US$3,983.37 per ounce; 5. South Korea's National Assembly proposed for the first time a bill to include stable currencies in the supervision of the Foreign Exchange Trading Law; 6. GalaxyDigital's share price plummeted after it announced the sale of US$1 billion in convertible bonds; 7. Kyrgyzstan announced that it would allow banks and financial institutions to hold bitcoin and cryptocurrencies; 8. U.S. Senator: Congress needs to pass crypto legislation before January or February next year, otherwise elections will hinder the process.