FSB Warns G20 Multi-Issuer Stablecoins Could Face Concentrated Runs
The FSB told G20 ministers that multi-issuer stablecoins could see redemptions pile onto one entity in stress, while crisis plans remain undeveloped.
The FSB told G20 ministers that multi-issuer stablecoins could see redemptions pile onto one entity in stress, while crisis plans remain undeveloped.
Solana treasury firm SkyAI sold about 1 million SOL and plans to buy back up to 95% of its stock at $3.00 in cash, if SOL stays above $100 during the offer.
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BNY expanded its Digital Asset Custody platform to EU institutions under MiCA.
South Korea's FIU says 27 sites run by unregistered crypto operators, including KuCoin and MEXC, will lose domestic access after an October 6 and 7 review.
Derive's governance forum carries a proposal to fund a US-regulated derivatives venue. The document sets no spending figure, no launch date or named regulator.
The CFTC proposes defining event contracts as swaps while excluding casino-style gambling, effective on publication. Comments will follow.
Treasury Secretary Scott Bessent said the US would probably seize $1 billion of Iran-linked crypto this week. No tokens, addresses or venues were named.
New York's attorney general secured up to $35 million from former Celsius CEO Alex Mashinsky and a lifetime industry ban, but both payments are conditional.
Thailand’s SEC has finalized its crypto ETF framework, allowing locally listed funds tracking Bitcoin and Ether under rules taking effect October 16.
ESMA's opinion gives MiCA-licensed crypto firms three months, until 8 January 2027, to stop serving EU clients with non-compliant stablecoins.
Rep. French Hill told Fox Business that SEC and CFTC crypto rules fall short of a lasting law.
Russia's central bank cleared Sberbank to custody digital assets, with bitcoin products planned for December 1 and strict limits for ordinary investors.
Coinbase says its Deribit integration is done and CFM will pool US and global crypto derivatives. US options access via Prime is due in Q4.
BaFin refused futurum bank's MiCA licence more than 15 months after the application. Bitcoin.de will trade through a regulated German partner instead.
Jake Chervinsky and Rebecca Rettig argue in Fortune that Wall Street must build on public blockchains or lose customers, and explain what the GENIUS Act does.
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Russia's central bank has listed four licensed crypto exchange operators and five custodians, with Sberbank planning its first crypto products on Dec. 1.
BTC
Prosecutors say a Sept. 25 D.C. Circuit ruling in the Bitcoin Fog case bears on Roman Storm's acquittal motion. A retrial is set for April 2027.
BTC
Evernorth pushed its XRPN Nasdaq debut to October 12 and its merger close to October 9, a four-day slip it calls administrative.
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Conduit Technology says Tether froze its $2.76 million treasury wallet without giving a reason, in a suit that tests how far Tether's freeze power reaches.
The SEC's Regulation Crypto Assets proposal would create $5 million and $75 million offering exemptions for crypto issuers. Public comments are due Oct.
Rep. Don Davis introduced the No Betting on Your Own Race Act, banning federal candidates and families from trading contracts tied to their elections.
A proposed 3x Ethereum ETF reaches CMEs 8,000-contract threshold at $362.1 million in assets. Volatility Shares ETHU already exceeds the level.
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Hong Kong reaffirms its end-2026 deadline to submit a crypto licensing bill covering trading, custody, advisory and management services.
Chainalysis data shows China generated at least $176 billion in crypto activity through June 2026, with P2P transfers driving most volume.