MEPs also called for stronger asset recovery, while the Commission plans to adopt its first anti-corruption strategy by the end of this year. Lawmakers are urging the European Commission to address corruption risks linked to crypto assets, opaque ownership structures and digital tools in its upcoming anti-corruption strategy. Members of the European Parliament (MEPs) on Thursday also called for stronger efforts to trace, freeze, confiscate and recover criminal proceeds. Parliament adopted a nonbinding resolution Thursday outlining its priorities for the EC’s anti-corruption strategy.
Hashi has more than $500M in commitments ahead of mainnet launch, while Anchorage offers institutions settlement and self-custody. Mysten Labs’ Hashi Bitcoin finance network will begin a phased rollout in October with more than $500 million in capital commitments from its launch partners. Hashi uses Bitcoin (BTC) as collateral in Sui applications by minting hBTC on Sui against deposited Bitcoin, the Sui Foundation announced Thursday. Applications could include lending, borrowing, credit, vaults and structured products. When users exit, hBTC is burned and the underlying BTC is returned to the Bitcoin network.
The US government moved 9,261 Bitcoin to Coinbase Prime, including 2,456 BTC in newly discovered funds pointing to federal law enforcement seizures. The US government moved 9,261 Bitcoin worth $770 million to Coinbase Prime, stemming from asset seizures tied to previous cryptocurrency exploits. Of the 9,261 Bitcoin (BTC) transferred over the past two days, half was recovered from the Bitfinex hackers, while another portion stemmed from known Binance seizures, wrote Galaxy Research in a Thursday X post. An additional 2,456 BTC originated from previously unknown holdings and was sent to the US government’s seizure address on Coinbase Prime and may represent new law enforcement seizures, according to Galaxy.
Bitcoin’s realized cap rise in the 30 days to Oct. 5 came mostly from existing holders, not fresh capital, Glassnode data showed. Bitcoin (BTC) price gains do not yet reflect enough new capital entering the market, analysis warns. Key points:
ESMA urged EU crypto firms to halt services involving non-MiCA-compliant stablecoins, giving regulators three months to address existing exposures. The European Securities and Markets Authority (ESMA) has urged EU crypto firms to stop providing services involving stablecoins that aren’t compliant with the Markets in Crypto-Assets Regulation (MiCA) framework, setting a three-month deadline to address existing exposures. On Thursday, ESMA said national regulators should require companies to address remaining exposures to non-compliant stablecoins as soon as possible and no later than Jan. 8, 2027. “Crypto-asset service providers (CASPs) authorised under MiCA should cease providing services related to non-MiCA-compliant stablecoins to clients in the European Union,” ESMA wrote.
Eligible US Galaxy will be able to send USDC to crypto wallets and transfer funds to bank accounts in more than 60 countries. Samsung plans to introduce USDC transfers to the Samsung Wallet payment app for eligible US Galaxy users in the last week of October. The company announced that the feature will let users send USDC to compatible crypto wallets internationally and transfer money to eligible bank accounts in more than 60 countries, where recipients can receive funds in their local currency. Samsung said the feature will be available on 82 million compatible Galaxy devices in the US, but users must complete identity verification to access the service.
NEAR climbed into the top 20 cryptocurrencies by market capitalization, as NEAR Intents surpassed $31 billion in cumulative transaction volume. NEAR Protocol’s native token entered the top 20 cryptocurrencies by market capitalization on Thursday after rising $138% in the last 30 days, according to CoinGecko. At the time of writing, NEAR traded around $5.51, up about 7% over 24 hours, with a market cap of about $7.2 billion and 24-hour trading volume reaching roughly $1.2 billion. NEAR ranks ahead of Stellar (XLM), which has a market cap of nearly $7 billion. NEAR Intents, a cross-chain trading protocol, has handled over $31 billion in cumulative transaction volume, according to the NEAR Intents Explorer.
Standard Chartered plans custody for cryptocurrencies, stablecoins and tokenized assets for institutional and eligible corporate clients in Singapore. Standard Chartered announced plans to launch digital asset custody services for institutional clients in Singapore. The London-headquartered multinational bank plans to offer custody services for select cryptocurrencies, stablecoins and tokenized real-world assets to institutional clients and corporate clients qualifying as accredited investors, subject to applicable regulatory requirements, according to a Thursday press release. Cointelegraph asked Standard Chartered which cryptocurrencies its custody service will support but did not receive an immediate response.
Greece’s draft bill proposes a 10% tax on crypto capital gains, with exemptions for annual gains of up to 500 euros and crypto-to-crypto swaps. Greece’s Ministry of National Economy and Finance published a draft bill on Wednesday proposing a 10% tax on individuals’ crypto capital gains, with an exemption for annual gains of up to 500 euros ($559.95). The proposal would allow voluntary declaration of previously realized crypto gains without penalties, within 12 months of the law’s publication. It would exempt crypto-to-crypto swaps from capital gains tax and introduce a flat 10% tax on returns from staking, lending or liquidity provision. The draft bill would fill a legislative gap in Greece’s treatment of crypto taxation, according to the ministry.
Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session. US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow. The withdrawals were the largest since June 25, when the funds lost $691.7 million, according to Farside Investors. Wednesday’s outflows wiped out the $321.6 million in net inflows recorded over October’s first four trading sessions, leaving Bitcoin ETFs with approximately $163 million in net outflows for the month.
Former New York Governor Andrew Cuomo urged the crypto industry to balance its support for Democrats and Republicans if they want federal crypto legislation passed. The crypto industry’s heavy backing of US Republicans has alienated Democrats whose support is needed to pass federal crypto legislation, says former New York Governor Andrew Cuomo. Speaking in a panel with OKX CEO Star Xu at Token2049 on Tuesday, Cuomo said the industry “believed in investing heavily in the Republican Party” as a way to get the CLARITY Act passed. Crypto-focused political action committees tracked by Tech Influence Watch have spent $54.3 million supporting Republicans in the 2026 election cycle, compared with $26.2 million supporting Democrats. Another $23.2 million has been spent opposing Democrats, accordin…
Canton CEO Yuval Rooz compared blockchain adoption to Uber and Airbnb, arguing that widespread adoption could help insulate it from potential policy reversals. Digital Asset co-founder and CEO Yuval Rooz said the crypto industry should use the current regulatory environment to accelerate institutional adoption, arguing that widespread use of blockchain could make it harder for future administrations to reverse the industry’s progress. Speaking at Token2049 in Singapore, Rooz said the industry should make blockchain so widely used that whatever happens in 2028, “there is no going back.” The next US presidential election, which could bring a change in administration and regulatory priorities, is scheduled for Nov. 7, 2028. He compared the opportunity to Uber and Airbnb, where he argued both…
Ethereum researchers say crypto users should consider an orderly migration of funds to fresh addresses, warning AI could threaten private-key security before quantum computers do. Ethereum co-founder Vitalik Buterin has backed a new warning that advances in artificial intelligence could undermine the cryptography used in today’s blockchains before quantum computers do. Buterin was responding to a post from Ethereum researcher Justin Drake on Wednesday urging the industry to prepare for “bunker mode,” as AI could eventually make it possible to break the elliptic curve digital signature algorithm (ECDSA) used to secure cryptocurrency wallets. Drake said users should begin a gradual migration of funds to fresh wallets where their public key is not exposed. “I don’t recommend anyone scramble…
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use. Circle is bringing its USDC and EURC stablecoins into enterprise payment workflows through a partnership with Tereina, a financial services company backed by German enterprise software giant SAP. The integration will allow businesses using SAP’s financial software to send and receive USDC and EURC within the applications they already use to manage payments. USDC will be the preferred stablecoin for dollar-denominated transactions, while EURC will be available for euro-denominated payments. Source: Circle
“Trump’s coin was max extraction, and I wanted to troll every grift like it,“ said Hunter Biden in a breakdown of the memecoin launch and fallout. Hunter Biden, son of former US President Joe Biden, released a full accounting of the memecoin he helped launch last month based on the reports of his infamous laptop. In a series of X posts on Wednesday, Biden provided blockchain data confirming that 300 million tokens in wallets associated with the founders of the $LAPTOP memecoin “haven’t moved since launch.” Biden added that charts tracking the price of the memecoin “looked like every celebrity rug ever” shortly after launch on Sept. 9, and the ones to benefit most were unnamed market makers — referred to as “two professional trading firms” hired by the project — that pulled their funds seco…
The layer-1 blockchain said its programmable offchain tunnels reached the milestone during a live stress test designed to simulate high-frequency activity between AI agents. Sui’s programmable offchain tunnels reached 40.6 million transactions per second in a live test designed to simulate high-frequency activity between AI agents. Sui said its programmable offchain tunnels processed more than 40 million transactions per second during a live stress test, surpassing a previous record set in July. The test, conducted Wednesday at Sui Basecamp in Singapore, peaked at 40,614,180 TPS, up from about 6.1 million TPS in a similar test in July. The transactions were processed offchain through Sui tunnels, programmable channels that settle to the Sui blockchain when closed. More than 10,000 tunnels…
The agreement will explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets as Kazakhstan expands its digital asset industry. Tether has signed an agreement with Kazakhstan’s central bank and the Alatau City Authority to explore a tenge-pegged stablecoin and the tokenization of real-world assets. Under the memorandum of understanding, the parties will study international stablecoin issuance models, identify potential use cases and develop a proposal for a tenge-backed stablecoin pilot, according to Tether. The agreement also calls for the development of an asset tokenization framework, including identifying assets for potential tokenization and launching a pilot project in Alatau that could use Tether’s Hadron platform.
Representative French Hill hopes lawmakers could pass a cryptocurrency market structure bill before the next session of Congress in 2027 as SEC and CFTC actions weren’t sufficient Representative French Hill, who chairs the House Financial Services Committee, said that though US financial regulators were moving forward with addressing digital assets, their actions lacked the long-term stability of legislation from Congress. In a Wednesday Fox Business interview, the Arkansas lawmaker said the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) had taken steps to address crypto regulations after the US Senate failed to pass the Digital Asset Market Clarity (CLARITY) Act last month. Both financial agencies have proposed rulemaking to handle different a…
US institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year. Coinbase has completed its integration of derivatives exchange Deribit, opening a regulated route for eligible US customers to global crypto derivatives markets that have historically operated beyond their reach. The exchange announced Wednesday that the integration combines its international derivatives business with Deribit while allowing eligible US customers to access that liquidity through Coinbase Financial Markets, its derivatives unit regulated by the Commodity Futures Trading Commission (CFTC). Coinbase International Exchange balances and positions were migrated to Deribit on Oct. 1. Crypto derivatives account for roughly 80% of global cryp…
Bitcoin fell below $83,000 to reach month-to-date lows as stocks reversed after all-time highs and bond yields spiked higher. Bitcoin (BTC) fell further at Wednesday’s Wall Street open as oil prices gained on US-Iran war headlines and stocks came off all-time highs. Key points:
