Day: 21 October 2025

Willemstad, Curacao, 21st October 2025, Chainwire

Quick Breakdown  Bank of Japan’s Ryozo Himino calls for regulatory reforms to address rising stablecoin adoption and non-bank financial growth. Warns that half of global financial assets now lie outside Basel 3 oversight, urging modernization of prudential standards. Says stablecoins could replace traditional bank deposits, reshaping global payments and financial ...

Quick Breakdown  Crypto, fintech, and retail groups call on CFPB to finalize a strong open banking rule under Section 1033 of the Dodd-Frank Act. Coalition includes Blockchain Association, Crypto Council for Innovation, and Financial Technology Association. Groups argue consumers, not banks, should own and control their financial data, supporting access ...

Quick Breakdown  Bitcoin outflows from Binance surge, signaling reduced selling pressure and strong accumulation. The 30-day average shows sustained negative netflows, indicating investor confidence. Analysts link this trend to a bullish phase as more BTC holders opt to keep assets off exchanges.   Bitcoin investors appear to be shifting from ...

Quick Breakdown  Bithumb lists ZORA and RECALL on its KRW market with zero trading fees until October 23. ZORA fuels an on-chain social platform for creators and developers. RECALL enables AI agent discovery, ranking, and governance participation.   South Korea’s major cryptocurrency exchange Bithumb has announced the addition of ZORA ...

Quick Breakdown  BitMine purchased $250M in Ether, bringing its holdings to 3.3M ETH (2.74% of supply). Chairman Tom Lee maintains a bold $10K ETH price target for 2025. BMNR stock has surged 691% in six months amid rising institutional interest.   BitMine ramps up Ether accumulation after market shakeout BitMine ...

Quick Breakdown  British Columbia will permanently ban new crypto mining grid connections from fall 2025. The government cites surging electricity demand and limited economic benefit from crypto mining. AI and data centers will still receive support, but with capped power allocations.   British Columbia shuts door on crypto mining expansion ...

Quick Breakdown  Chainlink oracle services remained fully functional despite a global cloud outage affecting major internet platforms. Its decentralized architecture ensured uninterrupted operations across Data Feeds, CCIP, and other services. Chainlink secures over $92.5 billion in DeFi value, maintaining its lead as the top oracle provider in the crypto ecosystem. ...

Quick Breakdown  Coinbase spent $25M on an NFT to relaunch the UpOnly crypto podcast. The purchase ranks among the top five most expensive NFTs in history. The news triggered massive memecoin rallies on Base and Solana networks.   Coinbase buys $25M NFT to bring back “UpOnly” podcast Crypto exchange Coinbase ...

Quick Breakdown  Coinbase urges Treasury to adopt AI, APIs, and blockchain analytics to enhance AML efforts. Grewal proposes a safe harbor for firms using AI-driven compliance tools under the Bank Secrecy Act. Think tank fellow Jim Harper suggests a law enforcement query system as an alternative to surveillance-heavy models.   ...