Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Policy News
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Amid growing demand for safe-haven assets due to a US government shutdown, stimulus checks may bring an “additional liquidity catalyst,” market analysts told Cointelegraph.
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India doesn’t “encourage or discourage” crypto, it “only taxes it,” Minister Piyush Goyal said, while unveiling a new RBI-backed digital currency project.
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Dubai’s crypto regulator sanctioned 19 companies for unlicensed operations and marketing violations, imposing fines of up to $163,000.
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Originally developed under the name Fierce, GalaxyOne is designed for individual investors seeking exposure to both TradFi and digital markets.
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Japan’s new prime minister may drive a renewed wave of risk appetite among Japanese crypto investors, industry watchers told Cointelegraph.
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Vietnam’s crypto pilot gets no takers, with steep capital rules and bans on stablecoins and tokenized securities limiting interest.
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With 16 crypto ETF applications on the SEC’s October calendar, a new regulatory framework could fast-track approvals for Solana, XRP and beyond, signaling a pivotal shift for US markets.
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Nomura subsidiary Laser Digital confirmed to Cointelegraph that it is in talks with Japan’s FSA to apply for a crypto trading license, eyeing the country’s institutional investors.
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Kazakhstan is advancing a dual model by piloting its digital tenge CBDC alongside the Evo stablecoin as part of its push to become a crypto hub.
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Despite dominating stablecoin inflows, Tether’s USDt and Circle’s USDC have slowly lost market share, signaling the end of the “stablecoin duopoly.”
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Bank of England Governor Andrew Bailey said stablecoins could thrive in a system that separates money from credit, reducing the UK’s reliance on commercial banks.
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The US Senate Finance Committee is holding a hearing on Wednesday on crypto asset taxation, following the IRS’s release of relief guidance on the Biden-era CAMT tax.
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Tornado Cash co-founder Roman Storm asks a US judge to dismiss his conviction, arguing that prosecutors failed to prove his intent to help bad actors.
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Poland’s Crypto-Asset Market Act awaits Senate review after Sejm approval, sparking a backlash over licensing, fines and potential prison terms for violations.
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