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Author: John Smith
Australia will grant its financial intelligence agency, the Australian Transaction Reports and Analysis Center, new powers to crack down on the third-largest crypto ATM market in the world. Summary Australia is drafting new regulations to give AUSTRAC authority over high-risk products, including crypto ATMs. Home Minister Tony Burke warned that most top users of crypto ATMs are tied to illicit operations. AUSTRAC has already imposed a 5,000 Australian dollar cash limit and stricter compliance rules for crypto ATM operators. New regulations are being drafted that would grant AUSTRAC the power to keep a check on “high-risk products” like Crypto ATMs,…
The Bank of England’s proposed restrictions for stablecoins will be temporary, according to Deputy Governor Sarah Breeden, who has clarified that the central bank is simply concerned about the potential impact on the country’s financial system. Summary Bank of England Deputy Governor Sarah Breeden said the proposed limits on stablecoin holdings will be temporary measures. The central banker said the caps are designed to mitigate outflows from the banking sector. A consultation will be launched by the end of 2025 to refine the rules. Speaking at the DC Fintech Week on Oct. 15, Breeden addressed industry concerns over the central…
YZi Labs has led a $50 investment million in Better Payment Network, supporting its plan to build a programmable global payment layer centered on stablecoins. Summary YZi Labs led a $50M funding round in BPN to expand stablecoin payment infrastructure on BNB Chain. BPN enables multi-stablecoin minting, swapping, and settlement via CeDeFi rails. Funds will boost liquidity and global adoption, aligning with YZi Labs’ BNB initiatives. The move marks one of YZi Labs’ largest single investments in 2025, reinforcing its focus on building real-world blockchain infrastructure. According to an Oct. 16 announcement by YZi Labs, the financing will help BPN…
While quarterly financial reports are not new for companies, they are new for DAOs, potentially setting a new standard for transparency. Summary Syndicate released its full quarterly financial report, compliant with U.S. law Public corporations are required to publish these reports, but DAOs are not The move makes it the first DAO to publish its financials under Wyoming’s DUNA framework For the first time in crypto history, a decentralized network has filed professional-grade financials, potentially setting a new standard for transparency. On October 15, the Syndicate Network Collective published its third quarter report, up to the standard for U.S. public…
Federal Reserve Governor Stephen Miran is calling for more and higher interest rate cuts, noting that urgency is key as trade-war tensions between the United States and China ramp up. Summary Fed Governor Stephen Miran says there’s need for urgent interest rate cuts. He told CNBC that the latest flare in trade tension between the U.S. and China brings new risks to the economic outlook. Miran is calling for a further 1.25 percentage points cut in 2025, with the Fed having cut by 25 basis points in September Miran’s comments come ahead of an anticipated Federal Reserve policy meeting this…
Hamilton Lane’s SCOPE fund is on-chain via KAIO and the Sei Network, enabling access to private credit for qualified investors worldwide. Summary Hamilton Lane launched its flagship Senior Credit Opportunities Fund on the Sei Network RWA platform KAIO is the infrastructure provider for the tokenized fund One of the world’s largest private markets investment managers is officially on-chain. On Wednesday, October 15, Hamilton Lane launched a tokenized version of its flagship Senior Credit Opportunities Fund (SCOPE) on the Sei Network through KAIO’s on-chain infrastructure. “This launch marks another major milestone in institutional blockchain adoption,” said Mr. Olivier Dang, COO of…
The Bank of England won’t lift its proposed stablecoin holding limits until it’s confident a flood of bank deposits into digital assets won’t threaten lending to the real economy, Reuters reported. Summary The Bank of England will maintain proposed stablecoin holding limits until it deems risks to financial stability have subsided. The plan sets strict thresholds for individuals and corporations, with potential exemptions for major firms. The BoE and UK Treasury are also developing a resolution regime to handle potential stablecoin failures and protect market continuity. According to a Reuters report on Oct. 15, the Bank of England will keep…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto firms fuel growth through the ‘infinite money glitch,’ raising capital to buy Bitcoin and boost value. Summary Crypto firms use the “infinite money glitch” to raise capital to buy Bitcoin and altcoins, boosting valuations. Companies like MicroStrategy thrive on crypto treasuries, but its rising debt raises questions about long-term sustainability. Altcoin treasuries offer growth potential, yet stock dilution and NAV decline could limit the Infinite Money Glitch cycle. Cryptocurrency treasury companies are now plentiful. Yet their methods of…
Shiba Inu’s price has been on a strong downward trend this year, and a rare chart pattern points to more downside as whales dump and exchange balances rise. Summary Shiba Inu price has formed a descending triangle pattern on the daily chart. Whales have started selling their SHIB coins this week. The volume of Shiba Inu tokens in exchanges has continued rising. Shiba Inu (SHIB), the biggest Ethereum meme coin, was trading at $0.00001052, down 70% from its highest level in December of last year. This plunge has erased billions of dollars in value, with its market cap falling to…
Zeta Network is using Bitcoin as the foundation for a major expansion of its treasury. The company said it leveraged SolvBTC to secure a $231 million investment dedicated to scaling its financial resources. Summary Zeta Network secured a $231 million Bitcoin-backed investment through a private placement using SolvBTC, a yield-generating wrapped Bitcoin token. The deal involves Class A shares and one-for-one warrants sold at $1.70 per unit, with each warrant exercisable at $2.55. The company said the move strengthens its balance sheet and underscores its long-term confidence in Bitcoin’s fundamentals. According to a press release dated Oct. 15, Zeta Network…
