HSBC rolls out RedCoin, its first HKD stablecoin, to retail app users and 100,000+ merchants
HSBC is pushing a bank-issued Hong Kong dollar stablecoin into everyday payments, with a tokenized money market fund share class planned later.
finance.yahoo · +14 outlets
Chainlink expands LG CNS tie-up into formal partnership to power Korea's won stablecoin and tokenized finance push
The deal follows an October 6 memorandum on LG CNS's KITL platform and brings Chainlink's full stack to the lead contractor on the Bank of Korea's Project Hanga
finance.yahoo · +7 outlets
Bitcoin ETFs erase October losses with $1 billion of inflows in three days
Sustained ETF buying has offset a stretch of outflows that had pushed bitcoin and altcoins lower earlier in the month.
Decrypt · +12 outlets
Senate's top Democratic investigator examines Tether payments to Bo Hines' firm
The inquiry adds congressional scrutiny of Tether's US ties as stablecoin legislation advances.
CoinDesk · +4 outlets
New York seeks over $1.3 billion from NovaTech founders after couple fled the US
The state's claim follows a mass fraud case against the crypto investment platform and its founders.
The Block · +2 outlets
China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme in UK Qian case
Chinese prosecutors want to confiscate bitcoin seized by UK authorities, a rare cross-border test of how forfeited crypto is allocated.
CoinDesk · +8 outlets
South Korea moves to amend forex law to regulate stablecoins as payment instruments
The plan would bring won-pegged stablecoins under existing currency rules while broader crypto legislation nears completion.
The Block · +13 outlets
Switzerland approves its first retail spot Bitcoin ETF
Approval widens regulated bitcoin access for Swiss retail investors, adding to European spot crypto product momentum.
NewsCord · +13 outlets
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
The penalty is a rare direct regulatory hit on a major exchange's European custody operations.
CoinDesk · +12 outlets
Sweden's central bank revives e-krona debate as stablecoins and digital euro loom
The Riksbank is re-examining a state digital currency as private stablecoins and the ECB's digital euro advance.
CoinDesk · +2 outlets
Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
The delay signals developers are prioritizing backward compatibility over upgrade speed.
CoinDesk · +10 outlets
CoinDCX says $16 million outflow was a broken cleanup job, not a hack
The Indian exchange's explanation shifts the story from breach to internal operational failure.
CoinDesk · +1 outlets
JPMorgan says crypto regulatory moves partly offset Clarity Act failure, but risks remain
The bank weighs piecemeal agency rulemaking against the collapse of comprehensive US market structure legislation.
The Block · +3 outlets
American Bankers Association accuses OCC of undermining Congress with stablecoin rewards rule
The dispute centers on whether the OCC's final rule on stablecoin rewards oversteps legislative intent.
The Block · +5 outlets
Blockchain Association pushes for crypto tax clarity as broader bill stalls
Industry lobbying shifts to tax treatment as comprehensive legislation remains stuck.
The Block · +2 outlets
Aptos Labs and five blockchain groups ask SEC for clearer crypto rules
The joint request adds industry pressure on the SEC amid stalled US rulemaking.
Yahoo Finance Singapore · +8 outlets
Solana's biggest network change since 2020 goes live
The upgrade aims to improve performance and reliability for Solana users and applications.
CoinDesk
Robinhood generates $51 million in blockchain fees while Ethereum settlement costs total $69,000
The figures illustrate how much of Robinhood's crypto economics stay on its own rails rather than public chains.
CryptoSlate · +1 outlets