Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound
Bitcoin tore back to $82,500 within two hours of dipping under $80,000, and chipmakers in Seoul recovered from their worst close since April.
MSCI adopts index exclusion rules that could oust Strategy
Strategy, Metaplanet and Upexi were previously identified for deletion under the methodology, with MSCI set to announce its final list on Nov. 11. Index provider MSCI has adopted new rules that could lead to Strategy, Metaplanet and Upexi being removed from its global indexes, while leaving several other crypto treasury companies facing potential exclusion. MSCI said…
Australia releases draft bill to adopt OECD crypto tax reporting framework
Australia is among 77 jurisdictions committed to adopting CARF, with its first international exchanges of crypto tax data expected in 2028.Australia has released draft legislation that would enable the automatic exchange of crypto tax information between countries. The draft bill, Treasury Laws Amendment Bill 2026: Tax information reporting, is open to comment until Oct. 28. It…
Scammer loses $4.8M stored on tampered Ledgers: Asia Express
A scammer reportedly lost $4.8M of stolen money after storing the funds on tampered Ledgers. Bitcoin and Ether ETFs launch trading in Thailand and South Korea blocks 27 exchanges.Ledger was forced to suspend its reseller network across South East Asia this week, after thieves stole more than $103.4 million from 530 addresses via tampered Ledgers…
Binance.US seeks $1B valuation in potential $100M funding round: Report
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.Binance.US is reportedly seeking to raise up to $100 million in a funding round that could value the cryptocurrency exchange at $1 billion.According to a Thursday Bloomberg report, the US-based crypto exchange is pursuing…
At the White House, crypto policy vacancy looms large
The departure of President Donald Trump’s crypto adviser, Patrick Witt, leaves the digital assets office vacant and its policy aims uncertain.
Ex-Trump crypto adviser profited after helping pass stablecoin bill: WSJ
The Wall Street Journal reported that a company co-founded by Bo Hines benefited from the passage of the GENIUS stablecoin bill. Bo Hines, previously a crypto adviser to US President Donald Trump who later joined stablecoin issuer Tether, reportedly kept a stake in a company that profited from the passage of a stablecoin bill when…
Sweden revisits digital krona as ECB advances digital euro plans
Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreign-currency stablecoins and the future of domestic payments. Sweden’s central bank is revisiting the possibility of introducing a digital krona, citing the European Central Bank’s (ECB) progress toward a digital euro and the growing use of stablecoins as reasons to…
Mastercard brings stablecoin balances into traditional banking and card payments
The launch of Global Money Platform marks Mastercard’s first major integration with BVNK since its August acquisition, with Nuvei and Marqeta among the first companies to adopt the platform.Mastercard is expanding its role in stablecoin payments with a new platform that lets businesses integrate digital currencies into traditional banking and card services, a move that…
Bitcoin slips under $80K after US PPI gains most in four years
BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain since March 2022Bitcoin (BTC) dipped below $80,000 on Thursday as US Producer Price Index (PPI) data significantly beat expectations.Key points:Data from TradingView showed BTC/USD slipping to its lowest levels since Sept. 18,…
