Flash news

14 October
Policy

Taiwan is set to trial crypto custody services through local banks in 2025. The Financial Supervisory Commission plans to collect applications early that year, with banks already showing interest in storing Bitcoin, Ether, and Dogecoin for clients.

Tech

World Liberty Financial, a DeFi project backed by Trump’s circle, has formally proposed launching on Aave’s Ethereum mainnet. The team aims to leverage Aave V3 for lending and borrowing ETH, WBTC, USDC, and USDT, integrating Aave’s security and reserve factor system.

Business

Stripe has officially re-entered the crypto space after a six-year break! The payments giant now allows businesses to accept USD Coin (USDC) payments across Ethereum, Solana, and Polygon networks.

General

South Korea now recognizes cryptocurrency as a marital asset. Spouses can claim Bitcoin and other crypto holdings in divorce settlements, making it easier to track and divide digital assets. A major legal shift for the crypto world!

04 October
Tech

Ripple and Mercado Bitcoin are teaming up to launch crypto-enabled cross-border payments in Brazil, promising faster and more efficient transactions. The service, aimed at institutional clients, will roll out by the end of 2024, starting with operations between Brazil and Portugal.

Policy

The IMF is urging El Salvador to rethink its Bitcoin policies, recommending stronger oversight and reduced public exposure to the digital asset. Despite steady GDP growth, the IMF remains cautious about the country's embrace of Bitcoin as legal tender, advocating for traditional financial frameworks.

General

An upcoming HBO documentary, "Money Electric: The Bitcoin Mystery," set to release Oct. 9, claims to reveal the true identity of Bitcoin creator Satoshi Nakamoto. Directed by Cullen Hoback, the film makes a compelling case that is sure to spark debate.

Business

Chainalysis CEO Michael Gronager has stepped back from his role after a decade of leadership, taking personal leave since Sept. 25. Sari Granat, the company's president, is serving as interim CEO. The reason behind Gronager's leave remains undisclosed.

Markets

After shedding $150 billion and Bitcoin dipping to $60K, the market has seen a modest rebound in the past 24 hours. Bitcoin is up 2.3%, and XRP has gained 1.6%, but the outlook remains uncertain as volatility continues.

02 October
Tech

Robinhood is reportedly exploring a potential stablecoin launch, joining the likes of PayPal in the stablecoin market. However, a spokesperson clarified there are "no imminent plans" yet. Meanwhile, Revolut is also considering entering the stablecoin space.

All news

Markets

Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?

Following a failed challenge of the $70,000 level during early Monday trading hours in Asia, bitcoin {{BTC}} fell below $67,000 in U.S. morning action. Recently, bitcoin's price was lower 2.3% over the past 24 hours, underperforming the broad-ma...

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