Coinbase Business launches in Singapore to reshape payments with USDC
Expanding outside the US, Coinbase Business launches in Singapore to give startups and SMEs a unified platform for USDC payments, asset management and more.
Morgan Stanley says it’s harvest time as Bitcoin enters ‘fall’ season
Morgan Stanley’s Denny Galindo likens Bitcoin’s cycle to the seasons, warning that the market’s “fall” phase is a time to secure gains before a downturn.
Visa pilots fiat-funded stablecoin payouts for US businesses
Visa is piloting a service allowing US dollar stablecoin payouts to crypto wallets from business accounts funded with fiat currency.
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.