Visa to start supporting some stablecoins on four blockchains
Visa CEO Ryan McInerney said the payments giant is adding support for four new stablecoins on four blockchains, and will allow banks to mint and burn.
South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair
The Bank of Korea should make clear rules for stablecoin issuers, allowing banks and non-banks to issue the tokens, says Kaia DLT Foundation chair Dr. Sangmin Seo.
Western Union picks Solana for its stablecoin and crypto network
Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026.
Bitwise Solana Staking ETF notches $55M trading volume on debut
Bitwise’s Solana staking ETF saw $55.4 million on its first day, the highest of all crypto ETFs this year, alongside the launch of Hedera and Litecoin ETFs from Canary Capital.
Norwegian tax authority sees 30% jump in crypto reporting
According to Norwegian authorities, more than 73,000 people in the country reported about $4 billion in crypto holdings for the 2024 tax year.
OceanPal raises $120M to build NEAR token treasury company
The new company will use NEAR’s blockchain and NVIDIA technology to build privacy-preserving AI infrastructure, while offering exposure to the NEAR token.
Polymarket will likely start initial US relaunch in November: Report
After a September decision from a US regulator paved the way for Polymarket’s return, the company is reportedly only weeks away from an initial relaunch.
Bitcoin ‘ping-pong’ price action will stick until Fed FOMC and US-China deal wrap up
Bitcoin hits resistance at $116,000, and bulls might not clear the barrier until Wednesday’s Federal Reserve announcement on interest rates and this week’s resolution of the US-China trade war.
Bitwise SOL staking ETF debuts with $223M, signaling strong institutional demand
A strong first-day haul positions Bitwise’s Solana fund as a test case for US appetite toward staking-based crypto ETFs after new SEC clarity.
Sharplink to deploy $200M of ETH on Linea to unlock DeFi yields
The Nasdaq-listed company will allocate 5.6% of its $3.57 billion Ether treasury through ether.fi and EigenCloud on Linea, marking one of the largest corporate DeFi deployments to date.