Day: 24 October 2025

Singapore, Singapore, 24th October 2025, Chainwire

This week, crypto challenged the old financial order. Kraken clapped back at bankers’ anti-stablecoin warnings, stablecoins processed $46 trillion, half of Visa’s total, and regulators from Asia to America rushed to catch up. With Binance’s expansion and Solana’s ETF debut in Hong Kong, the line between traditional and digital finance ...

Quick Breakdown: Stablecoins promise stability in crypto markets, but not all pegs are created equal. The U.S. dollar dominates the stablecoins list, with USDT and USDC leading global liquidity and trust. Other stablecoin examples could enhance local payment systems, but face reserve and credibility challenges. Inflation and weak monetary policy ...

Quick Breakdown  Fortress Trust ordered to cease operations after Nevada regulators identified major asset-liability gaps. Echoes of Prime Trust’s collapse, which cost users over $80 million. Increased federal and state scrutiny signals tougher compliance demands for crypto custodians nationwide. Nevada orders Fortress Trust to halt operations U.S. regulators are ramping ...

Quick Breakdown  Polymarket odds of SBF receiving a Trump pardon jumped from 5.6% to 12% after CZ’s release. Over $6.5 million has been wagered on the “Who will Trump pardon in 2025?” market. Industry experts say comparing CZ’s compliance case to SBF’s multi-billion fraud is unjustified. Polymarket bets surge on ...

Quick Breakdown  ChainUp CIO Amanda He says Bitcoin’s rise signals its institutional adoption phase. She highlights DeFi and DeAI as the next big crypto investment frontiers. Amanda projects Bitcoin’s long-term value could hit $1.27 million, matching gold. At the World Family Office Forum Asia, Amanda He, Chief Investment Officer at ...

Quick Breakdown Rising inflation and weak currencies are driving stablecoin adoption in Africa, as dollar-pegged coins offer stability and faster cross-border payments. Adopting stablecoins for remittances cuts costs significantly and speeds up transfers. Many businesses are beginning to use stablecoins for trade and payroll efficiency. Regulation and trust will determine ...

Quick Breakdown: Crypto is forcing traditional banks to rethink their dominance, replacing institutional trust with transparency. Stablecoins and DeFi are cutting deep into banking’s core business, showing exactly why banks hate crypto. Many institutions are now adapting, proving that cryptocurrency and banking can coexist through innovation and tokenization. The key ...

Quick Breakdown  Sygnum Bank and Debifi launch MultiSYG, a non-custodial Bitcoin loan platform giving borrowers shared control of their BTC collateral. The platform uses a three-of-five multi-signature system to enhance security and prevent unauthorized rehypothecation. CfC St. Moritz partners with Sygnum to allocate 25% of its treasury to Bitcoin, signaling ...

Quick Breakdown  KuCoin Pay partners with CoinGate Gift Cards for crypto-based purchases. Users can buy gift cards for 5,000+ brands in over 90 countries. Payments supported in BTC, ETH, USDT, and 70+ other cryptocurrencies. KuCoin Pay, the payment arm of global crypto exchange KuCoin, has announced a strategic partnership with ...