Author: Chris Smith
South Korea tells crypto exchanges to increase cold storage after Binance hack
Reading Time: < 1 minuteSouth Korea’s Financial Services Commission (FSC) has called on domestic cryptocurrency exchanges to hold a larger share of customer assets in cold wallets following last week’s $6.3 billion Binance hack.
North Korea dismisses US claims over $6.3 billion Binance theft
Reading Time: < 1 minuteNorth Korea has denied responsibility for the $6.3 billion hack of Binance, describing US accusations as “absurd rhetoric”.
Trump says administration is examining Binance hack as calls for crypto rules grow
Reading Time: < 1 minuteUS President Donald Trump said his administration was looking into the $6.3 billion hack of cryptocurrency exchange Binance, as the incident fuelled calls for tighter regulation and greater oversight of crypto companies.
Spot Bitcoin ETFs record $643 million outflows after Binance hack
Reading Time: < 1 minuteUS spot Bitcoin exchange-traded funds (ETFs) recorded $643.3 million in net outflows on Friday, their largest single-day withdrawal in four months, following the $6.3 billion security breach at Binance.
Strategy reports $19.5 billion Q3 profit as Bitcoin holdings gain value
Reading Time: < 1 minuteStrategy reported net income of $19.53 billion for the third quarter, compared with $2.79 billion a year earlier.
Binance freezes $3 billion after suspected $6.3 billion hack
Reading Time: < 1 minuteBinance has suffered a security breach involving an estimated $6.3 billion in stolen assets, in what could be the largest cryptocurrency heist on record.
Robinhood profit misses forecasts as crypto revenue drops
Reading Time: < 1 minuteRobinhood shares fell 8% in pre-market trading on Wednesday after a decline in cryptocurrency trading pushed its third-quarter earnings below analysts’ expectations.
CFTC sues Utah over legal action against prediction markets
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has sued Utah and its attorney general, Derek Brown, seeking to block the state’s action against prediction market platform Kalshi and its affiliates.
Google Cloud details multi-party security service for Bitcoin custody
Reading Time: < 1 minuteGoogle Cloud has outlined a service that enables financial institutions to approve and sign cryptocurrency transactions jointly without any single party holding the complete private key.
Binance files for Brazil crypto license ahead of Friday deadline
Reading Time: < 1 minuteBinance has applied for a cryptocurrency service provider license in Brazil, seeking to maintain its operations in one of Latin America’s largest crypto markets ahead of a regulatory deadline on Friday, Oct. 30.
CFTC sues Utah over prediction market regulation
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has sued Utah and its Attorney General Derek Brown to prevent the state from taking action against prediction market platform Kalshi and its affiliates.
VanEck launches ETF with a 2% Bitcoin target
Reading Time: < 1 minuteVanEck has introduced a new ETF that combines stocks, bonds, gold and other real assets with a small Bitcoin allocation.
Franklin Templeton proposes two ETFs with Bitcoin exposure from dividends
Reading Time: < 1 minuteFranklin Templeton has submitted registration documents to the US Securities and Exchange Commission (SEC) for two ETFs that would invest in US stocks and use dividend income to gain Bitcoin exposure.
Canada opens consultation on stablecoin rules modelled partly on US law
Reading Time: < 1 minuteCanada has launched a 60-day public consultation on proposed stablecoin regulations for non-bank issuers, with comments accepted until 23 December.
Spot Bitcoin ETFs attract $301 million despite late-week outflows
Reading Time: < 1 minuteUS spot Bitcoin exchange-traded funds (ETFs) recorded approximately $301.2 million in net inflows in the week ending 23 October.
ECB official says digital euro could strengthen EU payments sovereignty
Reading Time: < 1 minuteEuropean Central Bank Executive Board member Piero Cipollone said the digital euro could reduce the European Union’s dependence on non-European payment providers and strengthen its control over critical payment infrastructure.
South Korea’s crypto bill nears completion amid tax concerns
Reading Time: < 1 minuteSouth Korea’s proposed Digital Asset Basic Act is nearing the end of government consultations, Financial Services Commission chairman Lee Eog-weon said on Thursday, according to local media outlet Bloomingbit.
ABA says OCC’s stablecoin rules undermine Congress
Reading Time: < 1 minuteThe American Bankers Association (ABA) has criticised the US Office of the Comptroller of the Currency (OCC) over its final rules implementing the GENIUS Act, arguing that the regulator’s approach to stablecoin rewards conflicts with Congress’ intent.
Standard Chartered signs agreement to acquire Zodia Custody
Reading Time: < 1 minuteStandard Chartered has signed definitive agreements to acquire digital asset custodian Zodia Custody, five months after the bank’s non-binding offer was accepted by the company’s shareholders and noteholders.
Trump says US crackdown has curbed overseas scams
Reading Time: < 1 minuteUS President Donald Trump said his administration had made a “very big dent” in scams run by foreign criminal networks targeting Americans with fraudulent investments.
Stablecoin transfers quadruple to $891 billion as bank adoption grows
Reading Time: < 1 minuteStablecoin transfer volume reached $891 billion in the third quarter of 2026, more than quadrupling since early 2023, according to a report commissioned by Coinbase and conducted by The Block Research.
Malaysia launches platform for tokenized bonds
Reading Time: < 1 minuteMalaysia’s central bank has launched a distributed ledger technology (DLT) platform for issuing and holding tokenized bonds, including Islamic bonds known as sukuk.
Switzerland approves first Bitcoin ETF for retail investors
Reading Time: < 1 minuteSwitzerland’s financial regulator, FINMA, has approved the country’s first exchange-traded fund (ETF) that invests directly in Bitcoin and is available to retail investors.
France moves to tax crypto-to-stablecoin swaps
Reading Time: < 1 minuteFrance’s National Assembly has narrowly approved a proposed tax amendment that would make certain crypto-to-stablecoin swaps taxable events from 2027 if enacted.
SEC’s proposed crypto rules draw industry feedback
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) is reviewing public feedback on its proposed crypto rules as Congress has yet to establish a broader framework for digital asset regulation.

























