FTX has announced plans to return $1.6 billion to its creditors on September 30. This move is part of the company's ongoing efforts to resolve its financial obligations and restore trust among its stakeholders. The repayment is expected to provide significant relief to creditors who have been awaiting compensation. In other developments, the U.S. Senate Finance Committee is scheduled to hold a hearing on digital asset taxation on October 1 at 10:00 AM. This hearing aims to address the regulatory framework surrounding digital assets and explore potential tax implications. Additionally, the SEC and CFTC will conduct a roundtable on September 29 to discuss coordination, investor protection, and cost reduction in the digital asset space.