Top story
OCC Finalizes Stablecoin Issuer Rules Ahead of Jan. 18 Deadline
A separate restriction on service providers offering stablecoins from nonpermitted issuers begins July 18, 2028, subject to exceptions.
Top stories
Business
Former Sequoia Global Equities Head Jeff Wang’s Augnition Raises More Than $1 Billion
The technology hedge fund launched with at least $570 million in capital, about 45% of it internal.
Investing
iShares Proposes Bitcoin (BTC) Fund With Options-Based Downside Protection
Each tranche would typically start with a protection level near 90% of its reference asset’s value, while gains would be capped and levels could shift over time.
Business
Upbit Announces AXIS Listing for Won, Bitcoin and USDT Markets
The planned addition would give AXIS three trading pairs on the South Korean exchange.
Business
Old National Bancorp Earns $0.66 a Share in Third Quarter
Net income applicable to common shares reached $249.96 million, while deposits stood at $57.6 billion at Sept. 30.
Business
Blacksmith Raises $66 Million as Valuation Reaches $1 Billion
The company handled more than 90 million continuous integration jobs a week by Oct. 21, up from 5 million in January.
Investing
Bitcoin Options Reach 59% of Derivatives Open Interest
Options tied to U.S. Bitcoin ETFs accounted for about $36 billion, or 47%, of the $76 billion in Bitcoin options open interest.
Investing
XRP Gains 3.69% to $1.38 After Oct. 18 Drop Below $1.28
XRP reached $1.2571 during the Oct. 18 UTC trading day. Earlier exchange deposits measure transfers, not completed sales.
Business
Stifel Beats Third-Quarter Earnings Estimate as Revenue Falls Short
Non-GAAP revenue missed the analyst mean by about $21 million. Stifel expects to begin client onboarding for its bank-branded treasury platform in early 2027 and plans to include stablecoin payments.
Markets
InvestingiShares Proposes Bitcoin (BTC) Fund With Options-Based Downside Protection
Each tranche would typically start with a protection level near 90% of its reference asset’s value, while gains would be capped and levels could shift over time.
Regulation
RegulationOCC Denies Automatic Compliance for Existing Stablecoin Rewards Programs
The first final federal banking rule under the GENIUS Act removes a proposed presumption against certain third-party arrangements. The rule takes effect Jan. 18, 2027.
RegulationSouth Korea's Ruling Party Leader Seeks Views on 2027 Crypto Tax
RegulationFrance Seeks Crypto Platform Liability for Some DeFi Incidents
EU Opens Booking.com Investigation Into Scam Listings and Paid Rankings
France Proposes Exchange Liability for Customer Losses From DeFi Access
Bitcoin
InvestingiShares Proposes Bitcoin (BTC) Fund With Options-Based Downside Protection
Each tranche would typically start with a protection level near 90% of its reference asset’s value, while gains would be capped and levels could shift over time.
Ethereum
InvestingU.S. Spot Ether Funds Post $129.4 Million in Two-Day Outflows
Ethereum’s Glamsterdam upgrade is scheduled to activate on the Hoodi testnet Oct. 26. No mainnet activation date has been set.
DeFi
RegulationFrance Seeks Crypto Platform Liability for Some DeFi Incidents
The proposal would require platforms to check DeFi protocols before offering access and monitor them afterward for vulnerabilities and suspicious activity.
Stablecoins
BusinessUpbit Announces AXIS Listing for Won, Bitcoin and USDT Markets
The planned addition would give AXIS three trading pairs on the South Korean exchange.
Korea
BusinessUpbit Announces AXIS Listing for Won, Bitcoin and USDT Markets
The planned addition would give AXIS three trading pairs on the South Korean exchange.
Video
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AI & Tech
BusinessFormer Sequoia Global Equities Head Jeff Wang’s Augnition Raises More Than $1 Billion
The technology hedge fund launched with at least $570 million in capital, about 45% of it internal.
TechnologyInfineon Details Gallium Nitride Converters for NVIDIA's 800-Volt AI Racks
TechnologyBitGo Opens AI-Crypto Lab With Gokubu Consumer App Among First Projects
Aave Labs Proposes USAT Listing for Avalanche V4 Core Instance
NVIDIA Expands Open AI Models as Coinbase Works With Kumo Data Tools
RWA
BusinessStifel Beats Third-Quarter Earnings Estimate as Revenue Falls Short
Non-GAAP revenue missed the analyst mean by about $21 million. Stifel expects to begin client onboarding for its bank-branded treasury platform in early 2027 and plans to include stablecoin payments.