Standard Chartered’s Bill Winters predicted a blockchain-driven future where every transaction settles digitally, calling it a total rewiring of finance. Standard Chartered’s CEO predicted the end of cash and the digitization of all money, speaking at the Hong Kong FinTech Week 2025. During the event, Standard Chartered Group CEO Bill Winters said that the bank shared a common belief with the Hong Kong leadership that all transactions will eventually be settled on the blockchain. “All transactions will settle on blockchains eventually, and all money will be digital,” Winters said, framing the shift as nothing less than a “complete rewiring of the financial system.” Read more
The crypto VC giant plans a reverse merger with Nasdaq-listed fintech Currenc, giving Animoca shareholders majority control of the new entity. Animoca Brands, a major venture capital investor in the cryptocurrency industry, is planning a Nasdaq listing next year via reverse merger with the AI-focused public fintech company Currenc Group. Currenc has entered a non-binding term sheet with Animoca to acquire 100% of Animoca Brands’ issued shares via a reverse merger targeting a Nasdaq listing under the Animoca Brands name, according to a joint statement on Monday. “Upon completion of the reverse merger the shareholders of Animoca Brands would collectively own approximately 95% of the issued shares in the merged entity,” Animoca co-founder Yat Siu said in a letter to shareholders. The remaining 5% would be held by Currenc shareholders. Read more
The slowdown in institutional demand may be a factor in the cooling of Bitcoin's bull run, adding further downward pressure on the BTC price. Key takeaways: BTC demand fell below daily mining supply for the first time in seven months. Spot Bitcoin ETFs have seen $1.67 billion in net outflows since Oct. 11. Read more
Bitcoin dropped another 2% to start November as network data warned of a potential BTC price dip below the $100,000 support level. Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests. Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows. November seasonality calls for serious BTC price gains, but so far, there is no sign of relief. Read more
Skipping cryp to taxes can trigger hefty fines and legal issues. Find out what really happens if you fail to report or pay taxes on your holdings. Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax authorities worldwide are coordinating through frameworks like the FATF and the OECD’s CARF to track transactions, even across borders and privacy coins. Authorities use blockchain analytics firms like Chainalysis to link wallet addresses with real identities, tracking even complex DeFi and cross-chain transactions. Read more
The license positions Zerohash as one of the first MiCA-approved stablecoin infrastructure companies, strengthening its appeal to institutions. Stablecoin company Zerohash has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), making it one of the first infrastructure providers authorized to offer stablecoin services across the EU. Zerohash Europe announced Sunday that it acquired a license from the Dutch Authority for the Financial Markets (AFM). This allows the company to provide stablecoin and crypto products to banking institutions, financial technology companies and payment platforms across the 30 European Economic Area (EEA) countries. The AFM’s official registry confirmed that Zerohash has become a registered crypto-asset service provider (CASP). The approval positions Zerohash’s European arm as a CASP that can function as the backbone for organizations exploring tokenized assets, stablecoins and other blockchain-based financial products. Read more