Key Takeaways Russia has registered its first cryptocurrency exchange operators and digital depositories under the country’s new legal framework for digital currencies and digital rights. The Bank of Russia added four cryptocurrency exchange operators and five digital depositories to its official registers on October 6, marking the first registrations under
Hyperliquid Labs has confirmed that it is based in Singapore. Corporate documents reviewed by the FT list Singapore as its registered headquarters. Job postings cite the city-state as its office location. By every paper measure, this is a Singapore company. The Monetary Authority of Singapore disagrees, and that disagreement is
OKX has launched OKX Money, a standalone app that lets users save, send, and spend dollar-backed stablecoins. Significantly, it includes USDG, USDC, and USDT. The app supports over 50 funding currencies and virtual and physical cards for everyday payments. Besides, this offers up to 10% APY on eligible USDG balances
The U.S. Treasury’s Financial Crimes Enforcement Network has withdrawn a 2020 proposed rule that would have imposed significant reporting and recordkeeping requirements on transactions involving unhosted crypto wallets. FinCEN confirmed it will take no further action on the proposal. It effectively ended a rule that had been hanging over the
Starting November 1, 2026, Binance users in Brazil will need to provide the purpose of their transfer and confirm counterparty details before any cross-border crypto transaction can be processed. The change comes as Binance adapts to Resolution BCB No. 521/2025, Brazil’s Central Bank framework. It brings international virtual asset transfers
OKXICE LLC, a joint venture between crypto exchange OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, filed with the SEC under the agency’s new Innovation Exemption to launch a Tokenised Securities Venue in the United States. The filing makes OKXICE one of the first firms
The Independent Community Bankers of America (ICBA) has sued the U.S. Office of the Comptroller of the Currency (OCC) over its decision to allow cryptocurrency companies to obtain national trust bank charters. The banking group filed the lawsuit on October 2 in the U.S. District Court for the District of
European crypto users are showing greater trust in regulated platforms following the rollout of the European Union’s Markets in Crypto-Assets (MiCA) framework, according to Bitpanda co-CEO Christian Trummer. Speaking on Cointelegraph’s Chain Reaction, Trummer said users now have “more faith” in regulated market participants. He also argued that the wider
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever 3x leveraged Bitcoin and Ethereum ETFs for listing and trading in the United States, a decision that marks one of the most significant shifts in crypto regulatory history since the spot Bitcoin ETF approval in January 2024. The approval
Binance is facing regulatory scrutiny across Europe over its use of MiCA’s reverse solicitation exemption, a legal provision that allows non-EU companies to serve European clients, but only when those clients independently seek out the relationship without any solicitation or marketing from the firm. The European Securities and Markets Authority,
