UAE’s ‘digital dirham’ CBDC pilot completes first transaction
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
Bitwise Chainlink ETF appears on DTCC site, tipping pending launch
Bitwise’s spot Chainlink ETF has appeared on the Depository Trust and Clearing Corporation’s registry, a sign that it could launch in the near future.
Nationally chartered bank SoFi rolls out crypto trading for US customers
SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.”
Bank of England’s Breeden warns watered-down stablecoin rules risk stability
Bank of England deputy governor Sarah Breeden has backed the central bank’s proposed rules for stablecoins, some of which the local crypto industry had criticized.
Canary Capital filing signals spot XRP ETF set for launch this week
Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday.
Sorry, Moonvember hopefuls, macro uncertainty signals sideways month
Bitfinex says macro conditions signal consolidation, but others are optimistic that Bitcoin will gain as usual in November.
Coinbase, stablecoin startup BVNK walk away from $2B deal: Report
Fortune reports that Coinbase’s $2 billion acquisition of BVNK fell through during due diligence, the final stage before closing a deal.
Three years after FTX’s collapse, creditors wait as the industry rebuilds trust
The 2022 FTX bankruptcy pushed crypto toward greater transparency across exchanges and DeFi, yet some who lost funds in the crisis still haven’t been paid.
Bitcoin ‘Wave 3’ expansion targets $200K as sell-side pressure fades: Analyst
Analysts believe Bitcoin could be starting its Wave III expansion, and if it plays out according to previous instances, BTC could reach the $200,000 to $240,000 range.
Prospective CFTC chair to face hearing after Trump pulls first pick
With the US government shutdown expected to end this week, the Senate Agriculture Committee scheduled a hearing to consider President Donald Trump’s pick to head the CFTC.