Tuesday, October 13

Business

Bank of England Publishes Stablecoin Rules, Targets 2027 Launch

The Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated British pound-backed stablecoins would operate in the United Kingdom.The BoE defines systemic stablecoins as those that are widely used in…

GCR confirms stable ratings for FBS Reinsurance

GCR Ratings has released its latest financial strength assessment for FBS Reinsurance Limited, assigning the company ratings on both international and national scales with a stable outlook. According to the rating agency, FBS Reinsurance maintained a steady financial performance profile,…

South Korea Pushes Crypto Travel Rule Expansion

Financial regulators in South Korea are pushing for broader reporting requirements on crypto transfers to further align with global Anti-Money Laundering standards for digital assets.South Korea’s Financial Intelligence Unit (FIU) raised proposals to expand the Financial Action Task Force’s (FATF)…

Taiko Bridge Exploited for Up to .7M in DeFi Hack

Taiko, an Ethereum layer-2 blockchain, has urged its users to withdraw assets from the network’s bridges after an exploit on one of its bridge protocols saw attackers make off with $1.7 million in the latest decentralized finance hack this month. “We…

Morgan Stanley Amends ETH, SOL ETFs to Reveal Cheap Fees

Morgan Stanley has updated its filings for its Ether and Solana exchange-traded funds, revealing that it plans to charge the lowest fees among its rivals.The company filed amended Form S-1 statements with the Securities and Exchange Commission for each ETF…

Secret Network Loses .67M in Infinite Mint Exploit

An attacker has used an “infinite mint” bug in a vulnerable smart contract on the Secret Network to create unbacked, wrapped versions of Axelar-wrapped assets, resulting in a $4.67 million exploit. The exploit happened on June 10 but was discovered a…

NCC, CAC require approval for telecom share transfers

The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have directed telecommunications companies to obtain regulatory approval before carrying out share transfers or ownership changes involving 10 per cent or more of their share capital. The agencies issued…

Bitcoin Price Eyes K if US Stock Market Crashes 50% or More

Bitcoin (BTC) could tumble by over 60% to under $24,000 in 2026, according to technical analyst Jesse Olson, if the stock market experiences a major crash. Key takeaways:A US stock market crash of over 50% may accelerate BTC’s sell-off.Negative Coinbase…

Dash Weighs Philippine Entry as Crypto Firms Navigate Regulation

Dash is exploring the Philippines as a potential market for crypto payments, citing demand for lower-cost transactions and the country’s openness to digital finance tools. In an interview with Cointelegraph at the Philippine Blockchain Week 2026, Daria Chernozub, global adoption lead…

Is Strategy BTC-Buying Instrument in Trouble?

Bitcoin (BTC) has fallen roughly 50% since Michael Saylor’s Strategy launched Stretch (STRC), its flagship Bitcoin-funding vehicle, in late July 2025.BTC/USD monthly chart. Source: TradingViewKey takeaways:STRC is acting like a classic Ponzi scheme, argue Peter Schiff and other critics.Other analysts…

Japan Pension Fund Serving 1,200 Firms Plans Crypto Investment

A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal year 2026.According to Nikkei, the Nationwide Business Corporate Pension Fund, based in Okayama, will invest in…

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