According to reports, major global financial lobbying groups are calling on regulators to suspend the upcoming new regulations for banks' Crypto Assets operations and to reassess what they consider to be overly stringent measures.
In a joint letter to the Basel Committee on Banking Supervision, these industry associations stated that policymakers should seek the latest information to understand the use cases of the distributed ledger technology that underpins digital assets, and consider appropriate redesign and recalibration of the relevant standards before their formal adoption in 2026.

[Block Rhythm] On August 20, according to data from the data platform, the Floor Price of CyberKongz has exceeded 0.49 ETH, with a 24-hour rise of 11.36% and a 7-day rise of 14.49%.

[Block Rhythm] On August 20, according to official news, Ethereum NFT and game project CyberKongz announced a new token KONG, which will fully replace the original token BANANA as the liquidity layer of its ecosystem. The token will only be issued on the Ethereum Mainnet, with a total supply of 1 billion pieces. BANANA can be converted to KONG at a ratio of 1:25 (available at TGE).
The airdrop plan will allocate 2% of the total token supply to the Ethereum NFT community, with details to be announced.
CyberKongz stated that KONG will combine DeFi and NFT, launching functions such as staking mechanisms, reward distribution, and deflationary burning. Future token distribution will be conducted quarterly through Kongz Hub, targeting only Genesis holders, Baby holders, and KONG stakers.