Latest Crypto News & Market Updates

Circle can delay European USDC redemptions if reserves cannot cross borders

European USDC holders seeking dollars from Circle could have to wait if reserves cannot move between its French and U.S. issuers, even while retaining their claim to a dollar. Circles current European redemption policy allows temporary delays during failed reserve rebalancing, exposing a cash-access boundary inside a token that is interchangeable worldwide.　　Related Asset USDC USDC · Stablecoin　　That boundary matters as Circle presses Europe to preserve cross-border co-issuance. Its Oct. 1 response to the European Commission‘s MiCA review argues that the structure keeps global stablecoin liquidity within Europe’s regulatory perimeter. The existing terms show what can happen when the reserve transfers supporting that structure cannot be completed.　　The controls distinguish authorized crypto service providers from other European Economic Area holders. Providers may face a redemption cap based on previously reported holdings; other holders may face checks establishing that their holdings originated within the EEA before the stress began.　　These are contingency provisions. The public documents reviewed do not establish an active reserve-transfer failure or an imposed reserve-stress redemption restriction as of Oct. 4. They nevertheless qualify what European users can assume about access to issuer cash during stress.　　Under Circles MiCA redemption policy, Circle France, formally Circle Internet Financial Europe SAS, handles redemption for

3 days agoIndustry

Visa finds 46% in Asia Pacific may use stablecoins by 2031

Stablecoin interest has moved well ahead of actual use across Asia Pacific, with 46% of surveyed consumers saying they are likely to use the tokens within five years compared with 16% who used them during the past year.　　Summary46% of Asia Pacific consumers say they may use stablecoins within the next five years.16% used stablecoins during the past year, leaving a wide gap between interest and adoption.Only 6% accurately understand stablecoins, while 41% wrongly believe their value always increases over time.Vietnam and India lead future-use intent at 67%, while Hong Kong leads awareness at 84%.Visa surveyed 14,250 consumers across 14 Asia Pacific markets during June and July of 2026.　　Visa said on Oct. 5 that its Consumer 360 study surveyed 14,250 people aged 18 to 65 across 14 Asia Pacific markets between June and July 2026.　　The research found strong interest in using stablecoins for online purchases, travel, overseas shopping and moving money across borders. Yet the survey showed a large knowledge gap, with only 6% of respondents demonstrating what Visa described as an accurate understanding of how stablecoins work.　　You might also like:　　Visa and ADI Foundation team up on blockchain powered digital payments　　Stablecoin interest is running far ahead of actual use　　Across the 14

3 days agoIndustry

Polymarket to take Dutch ban to court over gambling label

Polymarket has said it will take the Netherlands gambling ban to court, reopening the dispute on Oct. 5 after a €420,000 enforcement penalty.　　SummaryPolymarket is challenging the gambling ban and argues its contracts should face financial regulation instead.The Ksa imposed a €420,000 weekly penalty, capped at €840,000, for continued unlicensed Dutch operations.Polymarkets August restrictions list names the Netherlands among countries completely blocked from accessing trading services.The AFM bans binary options for retail investors while CFTC labels Polymarket contracts binary options.Polymarket says prediction markets resemble derivatives, while the Ksa says they remain illegal gambling products.　　NL Times, citing Financieele Dagblad, reported that Polymarket plans to challenge the Dutch Gambling Authority, or Ksa, over its decision to classify the platform as an unlicensed gambling service. Polymarket argues that users trade financial contracts tied to future events and that oversight should fall to the Dutch Authority for the Financial Markets, or AFM.　　The dispute is not new. Adventure One QSS Inc., the company named by the Ksa as Polymarkets operator, already challenged the regulator through the Dutch administrative objection process. The Ksa rejected that objection in June and kept its original enforcement order in place.　　Polymarket goes to court to overturn Dutch gambling ban https://t.co/ZLHrDeVCPv https://t.co/S85bLFCklT　　— DutchNews.NL

3 days agoIndustry

Plume opens onchain access to Fidelitys $28B bond ETF

Plume has launched nBND, a tokenized vault backed primarily by shares of Fidelity Total Bond ETF, bringing actively managed bond exposure into its onchain asset platform.　　SummaryPlume launched nBND, a tokenized vault primarily backed by Fidelity Total Bond ETF shares onchain.Fidelity June data put FBND assets at $26.6 billion before newer estimates approached $28 billion.FBND invests across investment grade, high yield and emerging market debt under active management strategies.Plume says nBND expands onchain fixed income beyond short duration Treasuries and money market products.Plume plans to bring more Fidelity assets onchain after launching the nBND bond vault product.　　Plume announced the product on Oct. 5, saying nBND uses Fidelity Total Bond ETF, or FBND, as its main reserve asset. The ETF invests across investment-grade bonds, high-yield debt and emerging-market securities.　　The launch gives Plume users exposure to a different part of fixed income from the short-term Treasury and money-market products that have dominated tokenized bond markets. Plume CEO Chris Yin said institutional investors “want duration, and active management” alongside the shorter-term products already available onchain.　　Introducing nBND, a Plume Vault backed by Fidelity Total Bond ETF (FBND). FBND is an actively managed ETF investing primarily in investment-grade, high yield, and emerging markets debt.　　Onchain investment solutions

3 days agoIndustry

Greek Soldiers Among Alleged Leaders of $8M Crypto Pyramid Scheme

In briefNine suspects, including two servicemen accused of leadership roles, were due before an investigating magistrate in northern Greece on Monday.Police put the alleged proceeds at about $8 million from around 10,000 investors.Entry started at €800, with so-called VIP investors asked for €5,000 on a promise their money would double.　　Two Greek servicemen are among nine suspects accused of running a cryptocurrency pyramid scheme that took in about $8 million from roughly 10,000 investors, the Athens daily To Vima reported.　　The nine were due to give statements to an investigating magistrate on Monday. Police have arrested 17 people over the alleged organization, which prosecutors say operated as a pyramid scheme and pushed investors into cryptocurrencies through a platform it controlled. None of the allegations has been tested in court, and the figures come from police sources rather than a charging document.　　Myriad: How high will Bitcoin go？ Click to make your prediction.　　The recruiting vehicle, on the papers account, was a local civic group. A 44-year-old who led the Association of Artificial Intelligence Friends in Katerini was remanded in custody after the magistrate and prosecutor were unconvinced by his account. Six others from the first group of seven arrested were released under restrictive conditions

3 days agoIndustry

US jobs revision turns Julys 21,000 gain into a 10,000 loss

The US Bureau of Labor Statistics (BLS) revised July and August payroll gains down by 60,000 on Oct. 2, weakening the labor-based case for another Federal Reserve hike and potentially easing one policy pressure on Bitcoin.　　Related Asset Bitcoin #1 BTC · $85,547.30 24-hour change: up 0.26% Loading price history… 24H Up 0.26% 7D Up 3.28% 30D Up 7.35%　　The September employment report put payroll growth at 29,000. July‘s estimate flipped from 21,000 jobs added to 10,000 lost; August’s fell from 162,000 to 133,000. The 60,000 adjustment revises earlier estimates, rather than identifying new September job losses.　　Average hourly earnings for all employees on private nonfarm payrolls rose 0.1% monthly and 3.0% annually, below the 0.3% and 3.1% originally reported for August.　　The numbers arrive after the Fed‘s Sept. 16 quarter-point hike to a 3.75%–4% target range. Its statement said job gains had kept pace with the workforce and inflation remained elevated. Friday’s release gives policymakers a softer payroll picture than the earlier estimates suggested.　　Weak hiring and slower reported wage growth provide less support for tightening policy to restrain labor demand.　　Inflation still gives the Fed a reason to consider further tightening. August personal consumption expenditures (PCE) inflation, released Sept. 30, ran at 3.4% annually,

3 days agoIndustry

Starknet Crypto Hits $0.06: Can Buyers Break the May High？

Starknet crypto token trades near $0.0576, up about 8.7% over 24 hours. It briefly touched $0.0607, its highest level since May. The rally builds on a sharp breakout above $0.05 over the weekend. The next test is whether buyers can defend that level, now the key support behind the breakout.　　STRK spent more than a week stuck near $0.041–$0.044 before breaking out on October 3. Since then, it has gained about 48% over seven days and nearly doubled over the past month. It remains about 62% lower than a year ago.　　Market Intelligence: Crypto Analyst Predicts Best Low-Cap Crypto　　Starknet Crypto: Can STRK Hold $0.05 After Its Breakout？　　STRKUSDT Chart 1D TradingView　　Trading activity has surged. Daily volume stands near $155 million, and STRKs market cap is about $428 million, putting it back among the top 100 tokens.　　Momentum indicators back the move. On the daily chart, the MACD line sits at 0.0057, above its signal line at 0.0042, with a positive histogram. On the weekly chart, RSI has also turned higher after months of bullish divergence.　　Still, price matters more than indicators. The daily chart shows two clear levels for Starknet crypto:Resistance: $0.065, the May highSupport: $0.05, then $0.041 and $0.037Bull case: STRK holds above $0.05

3 days agoIndustry

Metaplanet caps Bitcoin borrowing as BTC holdings reach 44,000

Metaplanet has revised its capital allocation policy to keep 85% to 90% of its assets in Bitcoin while setting aside up to 15% for investments that can generate recurring income.　　SummaryMetaplanet plans to keep approximately 85% to 90% of its total assets in Bitcoin, while allocating the remaining 10% to 15% to acquisitions and income generating investments.Bitcoin related borrowing will generally remain below roughly 10% of BTC NAV, with permanent equity expected to fund most future Bitcoin purchases.Metaplanet held 44,000 BTC as of Sept. 30 after a third quarter sale and repurchase exercise ultimately increased its holdings by 1,000 BTC.A new Net Interest Income Strategy will use financing from preferred stock, bonds and Bitcoin backed credit facilities to invest in assets capable of generating recurring cash flow.Project Nova will build businesses around Metaplanets Bitcoin reserves through Metaplanet Securities and its proposed investment in U.S. based Super League Enterprise.　　According to an Oct. 5 disclosure, the Tokyo listed company plans to fund most Bitcoin purchases with permanent equity capital, while Bitcoin related borrowing through its collateralized credit facility will generally be kept below roughly 10% of the net asset value of its BTC holdings.　　Metaplanet held 44,000 BTC as of Sept. 30, compared with

3 days agoIndustry

What happened to Kelsiers $300M crypto stash？

LIBRA-linked wallets tied to Kelsier Ventures have fallen from nearly $300 million in tracked holdings in February 2025 to about $2 million, according to blockchain analytics firm Arkham.　　Arkham said on Oct. 5 that it had identified more than 1,000 addresses belonging to Kelsier Ventures and Hayden Davis when it first published the wallet cluster in February 2025.　　At the time, the addresses held close to $300 million, with most of the value coming from LIBRA tokens. Arkham now puts the remaining value across the tracked cluster at approximately $2 million.　　ARKHAM FOUND 1,000 KELSIER VENTURES ADDRESSES　　In February 2025 we identified over 1,000 addresses belonging to Kelsier Ventures (Hayden Davis). We were the first to publish the full set.　　The change in wallet value does not by itself show where the difference went. Token prices, transfers between addresses, sales, liquidity movements and changes in Arkham‘s tracked holdings can all affect an entity balance. Arkham’s Oct. 5 post did not provide a transaction-by-transaction breakdown explaining the decline.　　Kelsiers LIBRA wallets once held nearly $300 million　　Arkham first reported the Kelsier wallet cluster on Feb. 19, 2025, five days after LIBRA launched.　　Its original analysis divided the identified addresses between a LIBRA entity containing wallets tied to the token

3 days agoIndustry

OKX and NYSE Owner ICE Plan 24/7 Tokenized Stock Trading Under SEC Exemption

In briefOKXICE, the joint venture between OKX and NYSE owner Intercontinental Exchange, has filed notice to run a 24/7 tokenized stock venue under the SECs new Innovation Exemption.Its notice lists tokenized versions of more than 60 U.S.-listed stocks, each trading against USDC, USDG or Tethers USDT.Chipmaker Cerebras Systems has already lodged an objection with the venue, which does not name the firm issuing its tokens.　　OKXICE, the joint venture between crypto exchange OKX and New York Stock Exchange owner Intercontinental Exchange (ICE), has notified the SEC that it plans to launch a round-the-clock trading venue for tokenized U.S. stocks, co-chair Andrew Cuomo said in a tweet Monday.　　The venture published a notice dated October 4 under the SECs “Innovation Exemption,” which since September 17 has allowed qualifying venues to trade tokenized stocks without registering as exchanges. OKXICE will operate 24 hours a day, seven days a week, the notice says.　　Today we are announcing a major step forward for OKXICE, the joint venture between @okx and Intercontinental Exchange, parent company of @NYSE:　　OKXICE has notified the SEC that we intend to launch our Tokenized Securities Venue (TSV) under the SECs new Innovation Exemption.…　　— Andrew Cuomo (@andrewcuomo) October 5, 2026　　The SEC does not approve venues

3 days agoIndustry

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