Author: Chris Smith
BNY Mellon Eyes 24/7 Instant Payments with New Tokenized Deposit Plan
Reading Time: < 1 minuteThe Bank of New York Mellon (BNY Mellon) is weighing a plan to let its clients make payments that settle in seconds, any time of day, by using “tokenized deposits” on a blockchain.
EU Regulator ESMA Seeks Direct Control of Crypto Supervision in Power Consolidation
Reading Time: < 1 minuteThe European Union’s markets watchdog is moving to bring the cryptocurrency sector under its direct control, a significant power grab that would end the current era of national oversight.
Grayscale Unlocks Staking for US Spot Ethereum ETFs in Industry First
Reading Time: < 1 minuteGrayscale is bringing crypto-native utility to traditional finance with the announcement that its spot Ethereum ETFs are the first in the US to enable staking.
UK to Allow Retail Crypto ETNs, But With Strict Safeguards
Reading Time: < 1 minuteThe UK’s financial watchdog is carefully unwinding its crypto restrictions by lifting a ban on retail access to crypto ETNs.
Bitcoin Rallies to $125,700 All-Time High as Government Shutdown Fuels Momentum
Reading Time: < 1 minuteBitcoin achieved a new milestone early Sunday, cresting above $125,000 as its historic “Uptober” performance collides with a crisis of confidence in traditional governance.
Wall Street Embraces the Crypto Clock: CME’s 24/7 Futures Move Legitimizes Non-Stop Trading
Reading Time: < 1 minuteThe CME Group is bringing the “always-on” nature of crypto to the heart of Wall Street.
Shutdown, Gold Rally Fuel Bitcoin’s Push Toward Record Highs
Reading Time: < 1 minuteBitcoin’s march toward $121,000 is being fueled by a confluence of macro factors, including a US government shutdown and a powerful rally in gold.
Nasdaq-Listed Treasury Aims to Shake Up Stablecoin Race with Yield-Giving Token
Reading Time: < 1 minuteThe stablecoin arena is set for a new challenger as Sui Group Holdings unveils a two-pronged strategy.
Swedish MPs Push Bitcoin Reserve to Block CBDC
Reading Time: < 1 minuteTwo members of Sweden’s parliament are making a dual-pronged push for financial innovation.
SEC Issues No-Action Letter Permitting Crypto Custody via State Trust Companies
Reading Time: < 1 minuteThe US Securities and Exchange Commission has clarified that investment advisers may use state-chartered trust companies as qualified custodians for cryptocurrency assets.
EU Draws Battle Lines, Moves to Ban Key Type of Stablecoin
Reading Time: < 1 minuteA top EU financial watchdog is pushing to outlaw a specific class of stablecoins.
Crypto Products See $812M Outflow, But Annual Inflows Remain Robust
Reading Time: < 1 minuteA wave of negative sentiment, isolated primarily to the US, led to $812 million in outflows from crypto investment products last week.
Banks, Brokers Can Now White-Label Binance’s Crypto Engine
Reading Time: < 1 minuteIn a strategic move to capture the institutional market, Binance is offering its full-stack crypto infrastructure as a white-label service.
Kraken Seeks $20 Billion Valuation in Pre-IPO Push
Reading Time: < 1 minuteKraken is aiming for a $20 billion valuation in a new pre-IPO funding round, signaling strong investor confidence in the crypto sector’s resurgence.
Ethereum ETFs Hit With Massive $796 Million Weekly Outflow
Reading Time: < 1 minuteInvestors are pulling capital from Spot Ethereum ETFs at a record pace, with last week’s outflows hitting $795.6 million—the largest since the funds launched.
Hashdex Adds Altcoins to Flagship Fund
Reading Time: < 1 minuteIn a significant boost for crypto investors seeking diversified exposure, Hashdex has added XRP, Solana, and Stellar to its Nasdaq Crypto Index US ETF (NCIQ).
Cloudflare Joins Stablecoin Race with ‘NET Dollar’ as Citi Projects $2 Trillion Market
Reading Time: < 1 minuteWeb infrastructure giant Cloudflare has announced plans to launch a US dollar-pegged stablecoin called “NET Dollar,” entering a market that major financial institutions are increasingly betting on.
Naver Consolidates Control Over Upbit in Strategic Restructuring via Share Swap
Reading Time: < 1 minuteIn a move to streamline its corporate structure, South Korean internet conglomerate Naver is moving to fully integrate cryptocurrency exchange Upbit.
Australia Moves to Protect Investors with New Licensing Rules
Reading Time: < 1 minuteAustralian crypto investors are set for greater protection under a new government proposal.
Report: Tether Eyes $500B Valuation, But Ambitions May Far Outpace Reality
Reading Time: < 1 minuteA new report claims Tether is seeking a monumental $500 billion valuation by raising up to $20 billion, a figure that seems to conflict with recent statements from the company’s own leadership.
Bitcoin Poised for Year-End Surge as Institutional Demand Outpaces Supply, Says Saylor
Reading Time: < 1 minuteAccording to Michael Saylor, Bitcoin’s period of consolidation will soon give way to a significant year-end rally.
White House Pushes for Crypto Law by New Year’s Eve
Reading Time: < 1 minuteThe White House is accelerating efforts to pass a landmark crypto market structure bill, aiming for President Trump’s signature by the end of the year.
No Chain, But a Card: World Liberty Financial Preps Debit Product and Consumer App
Reading Time: < 1 minuteA debit card is coming “very soon” from World Liberty Financial, co-founder Zak Folkman revealed at a Seoul conference.
Send Money in a Chat: LINE to Launch All-in-One Stablecoin App for Payments and Rewards
Reading Time: < 1 minuteImagine sending stablecoins to a friend as easily as sending a text message. That’s the goal of “Project Unify,” a new superapp from LINE NEXT and Kaia.
A European Digital Wallet Moves Closer: EU Lays Groundwork for Digital Euro
Reading Time: < 1 minuteThe dream of a secure, public digital wallet for all Europeans advanced this week as EU finance ministers agreed on a plan for the digital euro.

























