Monday, October 12

Crypto

Taiwan Lawmakers Pass First Crypto, Stablecoin Laws

Taiwanese lawmakers on Tuesday passed a law to establish a regulatory framework for crypto, which includes licensing and rules for stablecoins.The country’s financial watchdog, the Financial Supervisory Commission (FSC), said that the Legislative Yuan passed the law requiring all virtual…

Director Gets 30 Months For Using Netflix Funds on Crypto

Hollywood director Carl Rinsch has been sentenced to two and a half years in prison for defrauding Netflix out of $11 million, which he spent on crypto, stocks and luxury goods.A Manhattan federal court on Monday sentenced Rinsch, known for…

Trump’s Crypto Income Beats Real Estate in 2025

US President Donald Trump’s cryptocurrency ventures generated more income for him in 2025 than his real estate and resort businesses, according to his latest financial disclosures. Donald Trump’s annual financial disclosure report was released by the US Office of Government Ethics…

1,700 UK Investors Sue Binance Over Derivatives Offerings

Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval.The law firm representing the investors, KP Law, said…

Bitmine ETH Buys Overshadowed By 5M ETF Outflow

Key takeaways:The Spot Ether ETF outflows overwhelmed BitMine’s ETH accumulation, raising the chance of a drop below the $1,500 support.Falling DApps revenue and weak staking yields highlight limited ecosystem incentives despite tokenization potential.Ether (ETH) has failed to sustain prices above…

SEC Requests Feedback on Regulating Novel ETF Structures

The US Securities and Exchange Commission (SEC) has requested public comment on exchange-traded funds (ETFs) investing in novel asset classes or using new investment strategies, as the agency reviews how such products should be regulated.The consultation seeks feedback on whether…

Nasdaq Takes TotalView Market Data Onchain with Pyth

Nasdaq has selected Pyth, an onchain financial data network, to distribute its proprietary market data to blockchain applications and other software platforms.The partnership initially covers Nasdaq TotalView, the exchange’s depth-of-book data feed, which includes every displayed buy and sell order…

AI Power Crunch Turns Bitcoin Miners Into Data Center Plays

By the end of 2025, the power capacity tied to artificial intelligence data centers worldwide had reached about 29.6 gigawatts (GW), enough to run all of New York state at peak demand, according to Stanford University’s annual report on the…

42% of Businesses use Stablecoins for Cross-Border Payments

Business use of stablecoins is poised to surge in the next 12 months as adoption of the digital currency goes mainstream, according to a new report from payments infrastructure firm Cybrid. The report found 42% of businesses surveyed are already…

Strategy Plan Splits Views as MSTR, STRC Trade Mixed

Michael Saylor’s Strategy won support from some Wall Street analysts after unveiling a new capital framework, but the changes also sparked debate over the company’s long-term Bitcoin strategy and sustainability.Benchmark Equity Research on Monday reiterated its Buy rating on Strategy’s…

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