RegulationJudge rejects Gemini and CFTC bid to cancel $5M settlement
A federal judge denied the joint motion by Gemini and the CFTC to undo a $5 million settlement. The ban on misleading statements to the regulator stays.
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Regulation
StablecoinsCircle targets 40 emerging markets
Circle plans to enter about 40 countries in Asia, Africa and Latin America. What it means for USDC and USDT market share.
InstitutionalMSCI adopts rules that could remove Strategy from indexes
MSCI adopted rules for non-operating companies. Strategy, Metaplanet and Upexi are at risk, with the final list due November 11.
StablecoinsStablecoin Market Stalls at $309 Billion, So a Bank Delays Its $2 Trillion Call
The stablecoin market stalled at $309 billion, so the bank moved its $2 trillion forecast to 2030. Turnover still grows, with different leaders per segment.
InstitutionalStrive buys 3,311 BTC for $280 million
Strive added 3,311 BTC, lifting holdings to 32,773 BTC. Warrants brought $208M and a new SATS preferred aims for $500M.
RegulationLondon Court: Chinese Law Governs Claims to 61,000 BTC
London's High Court ruled that Chinese law governs victims' claims to 61,000 seized BTC, improving the UK government's odds of keeping the coins.
EthereumBitmine buys 12,532 ETH and nears 5% of supply
Bitmine holds 6.03M ETH, or 4.9% of supply, with about 76,000 ETH left to its 5% goal. What Tom Lee says and what to expect.
RegulationCFTC defines event contracts as swaps, carves out casinos
The CFTC issued two rules: Kalshi and Polymarket event contracts become swaps, while casino bets stay outside its oversight. What changes.
RegulationUS to Seize $1 Billion in Iran-Linked Crypto, Bessent Says
Treasury Secretary Bessent promised to seize about $1 billion in Iran-linked crypto. Why USDT is in the line of fire and what it means for the market.