Monday, October 12

Business

Stablecoins Power .1T TradFi Perpetual Trading, Binance Says

Stablecoin-settled perpetual contracts tied to traditional financial assets topped $1.1 trillion in trading volume during the first half of 2026, according to Binance Research, underscoring the growing role of stablecoins in tokenized financial markets.According to Binance Research, stablecoins are increasingly…

Tokenized Stock Transfers Top .4B as Market Reaches .16B

Tokenized stock transfers more than doubled over the past month to $8.41 billion, according to RWA.xyz data, as activity in onchain equity markets continued to accelerate.The sector’s distributed value also climbed 43% over the same period to $2.16 billion, while…

CBN warns against rejection of N100 banknotes

The Central Bank of Nigeria (CBN) has reiterated that both the commemorative N100 banknote and the standard N100 banknote remain legal tender in Nigeria and must be accepted for all transactions nationwide. The apex bank clarified this in a statement…

The 5 Types of RWAs Being Tokenized Fastest

Standard Chartered head of digital assets research Geoff Kendrick predicted in a recent research note that assets in DeFi could reach $2.7 trillion by 2030.He said that, currently, only 3% of stablecoins and 10% of tokenized real-world assets (RWAs) are…

IMF cuts global growth forecast to 3.0%

The International Monetary Fund (IMF) has lowered its global economic growth forecast to 3.0 per cent for 2026, down from 3.1 per cent in its April 2026 forecast. In its July World Economic Outlook update released on Wednesday, the IMF…

Bull Bitcoin Challenges France’s DAC8 Implementing Decree

Bitcoin exchange Bull Bitcoin said Wednesday that it had petitioned France’s Council of State (Conseil d’État) to strike down a French decree implementing the European Union’s DAC8 crypto tax reporting rules.DAC8 requires crypto service providers to collect users’ identity and…

India Crypto Tax Filings Lagged Trading Activity: Reuters

India’s tax department reportedly found widespread gaps in crypto tax reporting, warning that offshore exchanges, private wallets and peer-to-peer (P2P) trades are making crypto activity harder to track. Reuters on Wednesday reported government documents showed that fewer than a quarter of…

Bitcoin’s Recovery Must Come From Fundamentals: Lyn Alden

Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin sale earlier this week.“I don’t think there’s anything coming…

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