Quick Breakdown SEC Chair Paul Atkins said the U.S. is “a decade behind” in crypto innovation. The regulator plans to introduce an “innovation exemption” to support experimentation. Atkins supports developing regulated superapps to modernize U.S. financial services. U.S. trails in crypto development, SEC chair admits The United States is ...
Quick Breakdown MAS launches BLOOM to enhance global digital asset settlement using tokenized bank liabilities and stablecoins. The initiative builds on Project Orchid’s successful trials exploring a digital Singapore dollar. Collaborations with Circle, DBS, Stripe, and others aim to advance cross-border payments and financial innovation. MAS launches BLOOM to ...
Quick Breakdown YZi Labs invests $50M in BPN to build a stablecoin-based global payment network. BPN aims to cut cross-border fees by 90% and add 20 new regional stablecoins by 2026. The move strengthens the BNB Chain ecosystem and YZi’s push for real-world blockchain adoption. YZi Labs backs BPN’s ...
Quick Breakdown Australia to expand AUSTRAC’s powers to regulate crypto ATMs amid growing scam concerns. Over 2,000 machines now make Australia the third-largest crypto ATM market globally. New transaction limits and stricter compliance rules aim to curb fraud and illicit activities. Australia to empower AUSTRAC against crypto ATM misuse ...
Singapore, Singapore, 16th October 2025, Chainwire
Quick Breakdown Temporary Limits: BoE’s proposed stablecoin caps are short-term measures to support a stable financial transition. Consultation Incoming: Public feedback will shape the final framework, including exemptions and business-specific limits. Systemic Stability First: The central bank aims to prevent sudden outflows from banks while fostering digital currency innovation. ...
Quick Breakdown Binance finalizes acquisition of South Korean crypto exchange GOPAX after two-year regulatory delay. Financial authorities approve executive changes following Binance’s $4.3B U.S. settlement. The move signals Binance’s renewed push into Asia amid easing global regulatory pressures. Binance has officially completed its acquisition of GOPAX, a South Korea-based ...
Bitcoin’s rapid surge to an all-time high of $126,100 has been abruptly reversed, following one of the largest futures deleveraging events in history and weakening ETF inflows that signal cooling institutional appetite. Bitcoin’s Record Run Reverses. Source: Glassnode Massive leverage flush hits bitcoin derivatives According to Glassnode’s latest on-chain report, ...
Quick Breakdown OKX extends collateral mirroring service with Standard Chartered to the EEA. The programme lets institutions trade crypto while assets stay in bank custody. Expansion aligns with MiCA rules, boosting regulated crypto infrastructure. Crypto exchange OKX is extending its collateral mirroring programme with Standard Chartered Bank into the ...
Quick Breakdown Coinbase announces plans to list BNB on the BNB Smart Chain. CZ welcomes the decision, calling it a logical move for the exchange. BNB briefly rose 0.5% before stabilizing at around $1,180. Coinbase has announced that it will list BNB, the native token of BNB Chain, marking ...
