Three Lions Acquisition Corp. announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. ^[1] The proposed rules would allow Thai mutual and private funds to invest in locally established crypto ETFs. ^[2] The Securities and Exchange Commission (SEC) has opened a public consultation on proposed rules for cryptocurrency exchange-traded funds (ETFs) in Thailand. ^[3] Bitcoin gained nearly 25% in August, closing the month back above its 50-month moving average for the first time since the crypto winter began last year. ^[4] A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission on August 31, 2026. ^[5] Each unit sold in the offering consists of one ordinary share and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one ordinary share at a price of $11.50 per share. ^[6] Three Lions Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. ^[7] Current rules in Thailand permit investment in crypto ETFs only in overseas funds. ^[8] The SEC aims to expand investment choices, strengthen local market participation, and promote greater product diversity in the capital market through these proposed rules. ^[9] Fed Chair Kevin Warsh used his first Jackson Hole address as chairman to warn that inflation numbers are more concerning than the labor market, reviving talk of a rate hike at the Fed's September 15-16 meeting. ^[10] Traders on Myriad Markets are pricing a 77% chance that Bitcoin hits $84,000 before it dumps to $55,000. ^[11] Treasury Secretary Scott Bessent doubled the size of long-end bond buybacks on August 19, a liquidity move that hammered Treasury yields and touched off a short squeeze in crypto. ^[12]