PANews reported on September 28th that Quanto (formerly OX.FUN), a platform associated with Su Zhu, will launch a QTO liquidity pool incentive program on the Solana ecosystem's Raydium protocol, distributing 5 million QTO tokens (0.5% of the total supply) for 90 days. The program aims to enhance on-chain liquidity and provide a smoother trading experience for Quanto ecosystem participants.
Additionally, Quanto announced on July 1st the completion of its upgrade from OX to QTO. QTO, natively launched on the Solana blockchain, boasts higher performance, greater composability, and improved scalability. The token supply has been reduced from 8.22 billion OX to 1 billion QTO, with an exchange rate of 1 QTO = 8.22 OX, while user asset value remains unchanged.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

