π΄
US OCC calls on community banks to become payment stablecoin issuers
US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
The Office of the Comptroller of the Currency (OCC) has petitioned community banks to enter the payment stablecoin market as part of the regulatorβs rules on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a Monday X post, the OCC said that it was βencouraging the development of payment stablecoin capabilities within the community banking sector,β citing its finalized rules for the GENIUS Act. The payment stablecoin law is set to be enforced starting in January, and the OCC finalized its rules for the bill last week.
π° CoinTelegraph
#Stablecoin #DeFi #CryptoNews
π’ @Coindce
US OCC calls on community banks to become payment stablecoin issuers
US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
The Office of the Comptroller of the Currency (OCC) has petitioned community banks to enter the payment stablecoin market as part of the regulatorβs rules on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a Monday X post, the OCC said that it was βencouraging the development of payment stablecoin capabilities within the community banking sector,β citing its finalized rules for the GENIUS Act. The payment stablecoin law is set to be enforced starting in January, and the OCC finalized its rules for the bill last week.
π° CoinTelegraph
#Stablecoin #DeFi #CryptoNews
π’ @Coindce
βΌοΈ
OpenAI Launches GPT-6.1 Terra, Its Half-Good AI Model at Half the Price
In brief
- OpenAI released GPT-6.1 Terra on October 26, with standard API prices 50% lower than GPT-5.6 Terra. - It is available to Plus, Pro, Enterprise and Edu users in ChatGPT Work and Codex, and to developers as gpt-6.1-terra. - In OpenAI's internal test, Terra's rate of factual errors at low reasoning effort fell from 53.6% to 16.7%, and at maximum effort it solved 50.3% of Terminal-Bench 4.0 tasks versus 21.5% for GPT-5.6 Terra.
π° Decrypt
#AI #CryptoAI #CryptoNews
π’ @Coindce
OpenAI Launches GPT-6.1 Terra, Its Half-Good AI Model at Half the Price
In brief
- OpenAI released GPT-6.1 Terra on October 26, with standard API prices 50% lower than GPT-5.6 Terra. - It is available to Plus, Pro, Enterprise and Edu users in ChatGPT Work and Codex, and to developers as gpt-6.1-terra. - In OpenAI's internal test, Terra's rate of factual errors at low reasoning effort fell from 53.6% to 16.7%, and at maximum effort it solved 50.3% of Terminal-Bench 4.0 tasks versus 21.5% for GPT-5.6 Terra.
π° Decrypt
#AI #CryptoAI #CryptoNews
π’ @Coindce
βΌοΈ
Canadaβs Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
In brief
- Canada's draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in fall 2027. - Issuers would hold one-to-one reserves with Canadian custodians, redeem within three business days for no more than a 1% fee, and could not pay interest for holding a coin. - Penalties run up to C$10 million for very serious violations, with the Bank of Canada supervising issuers.
π° Decrypt
#Cardano #ADA #DeFi #Web3 #CryptoNews
π’ @Coindce
Canadaβs Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
In brief
- Canada's draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in fall 2027. - Issuers would hold one-to-one reserves with Canadian custodians, redeem within three business days for no more than a 1% fee, and could not pay interest for holding a coin. - Penalties run up to C$10 million for very serious violations, with the Bank of Canada supervising issuers.
π° Decrypt
#Cardano #ADA #DeFi #Web3 #CryptoNews
π’ @Coindce
π¨
France Goes Against the ECB on Stablecoin Rewards in MiCA Review
The crypto industry has gained an unexpected supporter in its battle for stablecoin rewards in the EU. Four French financial authorities have urged the European Commission to allow these rewards under certain circumstances, opposing the stance of the European Central Bank and the EUβs national central banks. France Goes Against the ECB on Stablecoin Rewards in MiCA Review
Key Takeaways
- Four French financial authorities want the EU to allow third-party stablecoin rewards under certain conditions.
π° Bitcoin.com
#AI #CryptoAI #CryptoNews
π’ @Coindce
France Goes Against the ECB on Stablecoin Rewards in MiCA Review
The crypto industry has gained an unexpected supporter in its battle for stablecoin rewards in the EU. Four French financial authorities have urged the European Commission to allow these rewards under certain circumstances, opposing the stance of the European Central Bank and the EUβs national central banks. France Goes Against the ECB on Stablecoin Rewards in MiCA Review
Key Takeaways
- Four French financial authorities want the EU to allow third-party stablecoin rewards under certain conditions.
π° Bitcoin.com
#AI #CryptoAI #CryptoNews
π’ @Coindce
π‘
Vitalik Buterin Backs Kimi 3.1 Limits on Advanced Cyberattack Tools
Buterin concedes other labs will build top-end offensive cyber tools anyway, so the filter is meant to buy time, not stop them for good.
π° CryptoPotato
#CryptoSecurity #CryptoNews
π’ @Coindce
Vitalik Buterin Backs Kimi 3.1 Limits on Advanced Cyberattack Tools
Buterin concedes other labs will build top-end offensive cyber tools anyway, so the filter is meant to buy time, not stop them for good.
π° CryptoPotato
#CryptoSecurity #CryptoNews
π’ @Coindce
π Fantom (FTM) SURGED +6.5% in 1H
Current Price: $0.0506
#FTM #Fantom #PriceAlert #Crypto
π’ @Coindce
Current Price: $0.0506
#FTM #Fantom #PriceAlert #Crypto
π’ @Coindce
π΄
Binance Founder CZ Backs BNB Chainβs New High-Speed Layer 1 Network
BNB Chain is preparing a new EVM-compatible Layer 1 that will run alongside the main network, using BNB for gas, staking, and governance rather than issuing a new token. Binance Founder CZ Backs BNB Chain's New High-Speed Layer 1 Network
Key Takeaways
- BNB Chain is building a second EVM L1 with 200ms blocks, using BNB for gas, staking, and governance. - The new chain targets high-speed trading and payments, while BNB Chain keeps its existing DeFi ecosystem.
π° Bitcoin.com
#BNB #Binance #AI #CryptoAI #CryptoNews
π’ @Coindce
Binance Founder CZ Backs BNB Chainβs New High-Speed Layer 1 Network
BNB Chain is preparing a new EVM-compatible Layer 1 that will run alongside the main network, using BNB for gas, staking, and governance rather than issuing a new token. Binance Founder CZ Backs BNB Chain's New High-Speed Layer 1 Network
Key Takeaways
- BNB Chain is building a second EVM L1 with 200ms blocks, using BNB for gas, staking, and governance. - The new chain targets high-speed trading and payments, while BNB Chain keeps its existing DeFi ecosystem.
π° Bitcoin.com
#BNB #Binance #AI #CryptoAI #CryptoNews
π’ @Coindce
π΄
Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Moneroβs network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monday, network computing power stood near 7.12 GH/s, with three major mining pools controlling approximately 60% of that total. Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Key Takeaways
- Moneroβs network hashrate reached an estimated 7.12 GH/s on Oct.
π° Bitcoin.com
#BitcoinMining #Mining #CryptoNews
π’ @Coindce
Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Moneroβs network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monday, network computing power stood near 7.12 GH/s, with three major mining pools controlling approximately 60% of that total. Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Key Takeaways
- Moneroβs network hashrate reached an estimated 7.12 GH/s on Oct.
π° Bitcoin.com
#BitcoinMining #Mining #CryptoNews
π’ @Coindce
βΌοΈ
Ripple wins final US approval for national trust bank
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.
π° CoinTelegraph
#XRP #Ripple #CryptoNews
π’ @Coindce
Ripple wins final US approval for national trust bank
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.
π° CoinTelegraph
#XRP #Ripple #CryptoNews
π’ @Coindce
π΄
Ripple Takes RLUSD Into Corporate Cash Management With 24/7 Returns
Ripple Treasury is targeting idle corporate cash with returns on qualifying holdings of Ripple USD (RLUSD), its dollar-backed stablecoin. The expansion pairs operations outside banking hours with artificial intelligence tools for managing cash and payments. Ripple Takes RLUSD Into Corporate Cash Management With 24/7 Returns
Key Takeaways
- Returns target operating cash left idle overnight, over weekends, and during holidays.
π° Bitcoin.com
#XRP #Ripple #CryptoNews
π’ @Coindce
Ripple Takes RLUSD Into Corporate Cash Management With 24/7 Returns
Ripple Treasury is targeting idle corporate cash with returns on qualifying holdings of Ripple USD (RLUSD), its dollar-backed stablecoin. The expansion pairs operations outside banking hours with artificial intelligence tools for managing cash and payments. Ripple Takes RLUSD Into Corporate Cash Management With 24/7 Returns
Key Takeaways
- Returns target operating cash left idle overnight, over weekends, and during holidays.
π° Bitcoin.com
#XRP #Ripple #CryptoNews
π’ @Coindce
π‘
Keystone breach deepens: Hackers stole key used to verify wallets as genuine
Keystone breach deepens: Hackers stole key used to verify wallets as genuine
Keystone initially disclosed a leak of customer information but has since disclosed that hackers also stole a key that could allow counterfeit wallets to pass authenticity checks. Hardware wallet maker Keystone said an attacker who breached its website last week also stole a key used to verify the authenticity of its devices, widening the scope of an incident initially disclosed as a customer data leak. In a statement Monday, Keystone said the stolen authentication key could allow attackers to produce counterfeit wallets that pass its authenticity checks.
π° CoinTelegraph
#TON #Toncoin #CryptoSecurity #CryptoNews
π’ @Coindce
Keystone breach deepens: Hackers stole key used to verify wallets as genuine
Keystone breach deepens: Hackers stole key used to verify wallets as genuine
Keystone initially disclosed a leak of customer information but has since disclosed that hackers also stole a key that could allow counterfeit wallets to pass authenticity checks. Hardware wallet maker Keystone said an attacker who breached its website last week also stole a key used to verify the authenticity of its devices, widening the scope of an incident initially disclosed as a customer data leak. In a statement Monday, Keystone said the stolen authentication key could allow attackers to produce counterfeit wallets that pass its authenticity checks.
π° CoinTelegraph
#TON #Toncoin #CryptoSecurity #CryptoNews
π’ @Coindce
π¨
Ripple Wins Final US Bank Charter: CEO Calls It βBig Newsβ Ahead of Swell
Ripple has secured final federal approval for its national trust bank, advancing its plans for RLUSD reserve management and enterprise crypto custody. The charter places the institution under U.S. banking supervision and authorizes it to commence business.
π° Bitcoin.com
#XRP #Ripple #CryptoNews
π’ @Coindce
Ripple Wins Final US Bank Charter: CEO Calls It βBig Newsβ Ahead of Swell
Ripple has secured final federal approval for its national trust bank, advancing its plans for RLUSD reserve management and enterprise crypto custody. The charter places the institution under U.S. banking supervision and authorizes it to commence business.
π° Bitcoin.com
#XRP #Ripple #CryptoNews
π’ @Coindce
π¨
Ripple gains final OCC approval to launch national trust bank and bring RLUSD under federal oversight
Ripple's structure places reserve management and custody under federal supervision while leaving issuance with the New York-regulated entity.
π° The Block
#XRP #Ripple #AI #CryptoAI #CryptoNews
π’ @Coindce
Ripple gains final OCC approval to launch national trust bank and bring RLUSD under federal oversight
Ripple's structure places reserve management and custody under federal supervision while leaving issuance with the New York-regulated entity.
π° The Block
#XRP #Ripple #AI #CryptoAI #CryptoNews
π’ @Coindce
π Fantom (FTM) DROPPED -7.1% in 1H
Current Price: $0.0470
#FTM #Fantom #PriceAlert #Crypto
π’ @Coindce
Current Price: $0.0470
#FTM #Fantom #PriceAlert #Crypto
π’ @Coindce
π‘
Zcash (ZEC) Rallied Hard This Year, But Is the Party Finally Over?
Grayscale's ZEC ETF attracted $41.09 million last week, but the fresh inflow has yet to ease concerns about a potential correction.
π° CryptoPotato
#CryptoNews
π’ @Coindce
Zcash (ZEC) Rallied Hard This Year, But Is the Party Finally Over?
Grayscale's ZEC ETF attracted $41.09 million last week, but the fresh inflow has yet to ease concerns about a potential correction.
π° CryptoPotato
#CryptoNews
π’ @Coindce
π΄
Arbistar Ponzi Scheme Wallets Moved Over $1.1B in Bitcoin After Collapse: Report
Spanish authorities investigating the fraudulent cryptocurrency platform Arbistar have uncovered massive post-collapse bitcoin movements. Arbistar Ponzi Scheme Wallets Moved Over $1.1B in Bitcoin After Collapse: Report
Key Takeaways
- Arbistar froze accounts in Sept 2020 after promising fake 28% weekly crypto bot returns. - Arbistarβs collapse affected 32,000 investors worldwide and resulted in damages exceeding $220 million.
π° Bitcoin.com
#Bitcoin #BTC #CryptoNews
π’ @Coindce
Arbistar Ponzi Scheme Wallets Moved Over $1.1B in Bitcoin After Collapse: Report
Spanish authorities investigating the fraudulent cryptocurrency platform Arbistar have uncovered massive post-collapse bitcoin movements. Arbistar Ponzi Scheme Wallets Moved Over $1.1B in Bitcoin After Collapse: Report
Key Takeaways
- Arbistar froze accounts in Sept 2020 after promising fake 28% weekly crypto bot returns. - Arbistarβs collapse affected 32,000 investors worldwide and resulted in damages exceeding $220 million.
π° Bitcoin.com
#Bitcoin #BTC #CryptoNews
π’ @Coindce
π Large BTC Transfer Detected
βΏ Amount: 77 BTC (~$6M)
π View on Explorer
Large whale movements can precede significant price action
#WhaleAlert #Bitcoin #BTC
π’ @Coindce
βΏ Amount: 77 BTC (~$6M)
π View on Explorer
Large whale movements can precede significant price action
#WhaleAlert #Bitcoin #BTC
π’ @Coindce
π΄
StoneX lifts Strive price target 34% as new stock offering bolsters bitcoin strategy
StoneX has raised its price target for bitcoin treasury company Strive to $43 from $32 and reiterated its Buy rating on the stock.
π° The Block
#Bitcoin #BTC #CryptoNews
π’ @Coindce
StoneX lifts Strive price target 34% as new stock offering bolsters bitcoin strategy
StoneX has raised its price target for bitcoin treasury company Strive to $43 from $32 and reiterated its Buy rating on the stock.
π° The Block
#Bitcoin #BTC #CryptoNews
π’ @Coindce
π΄
US Treasury Bitcoin Buy Odds Hit 21% on Kalshi but Few Are Betting
A Kalshi contract betting that the U.S. Treasury will buy bitcoin before 2028 touched 21%, but only a sliver of money is backing that number. 1, 2028 at 21%, versus 2% for 2026.
π° Bitcoin.com
#Bitcoin #BTC #CryptoNews
π’ @Coindce
US Treasury Bitcoin Buy Odds Hit 21% on Kalshi but Few Are Betting
A Kalshi contract betting that the U.S. Treasury will buy bitcoin before 2028 touched 21%, but only a sliver of money is backing that number. 1, 2028 at 21%, versus 2% for 2026.
π° Bitcoin.com
#Bitcoin #BTC #CryptoNews
π’ @Coindce
π° Market Update
Oct 27 Β· 08:05 UTC
βΏ BTC $79,646 π΄-0.4%
Ξ ETH $2,311 π΄-0.2%
πΆ BNB $737.11 π΄-0.5%
π§ XRP $1.30 π’+1.0%
π SOL $100.02 π΄-1.0%
π« ADA $0.2039 π’+0.3%
βοΈ AVAX $8.76 π΄-1.1%
π DOT $0.9899 π΄-3.2%
βοΈ LINK $11.34 π΄-0.5%
π‘οΈ MNT $0.5089 π΄-0.7%
π· APT $0.6792 π΄-2.8%
β XLM $0.1678 π΄-0.2%
π· KAS $0.0349 π΄-1.6%
π’ @Coindce
Oct 27 Β· 08:05 UTC
βΏ BTC $79,646 π΄-0.4%
ββββββββΞ ETH $2,311 π΄-0.2%
ββββββββπΆ BNB $737.11 π΄-0.5%
ββββββββπ§ XRP $1.30 π’+1.0%
ββββββββπ SOL $100.02 π΄-1.0%
ββββββββπ« ADA $0.2039 π’+0.3%
βββββββββοΈ AVAX $8.76 π΄-1.1%
βββ
βββββπ DOT $0.9899 π΄-3.2%
βββββββββοΈ LINK $11.34 π΄-0.5%
ββββββββπ‘οΈ MNT $0.5089 π΄-0.7%
ββββ
ββββπ· APT $0.6792 π΄-2.8%
βββββββββ XLM $0.1678 π΄-0.2%
βββ
βββββπ· KAS $0.0349 π΄-1.6%
βββββββ
βπ’ @Coindce
π‘
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
The stablecoin payments company previously disputed reports that its US listing had been delayed. Hong Kong-based stablecoin payments company RedotPay is reportedly considering a confidential filing for a US initial public offering by the end of 2026, two months after reports that it had delayed its listing plans amid regulatory and legal hurdles. RedotPay is also in talks with investors about a potential pre-IPO funding round that could value the company at between $4 billion and $5 billion, Bloomberg reported Monday, citing people familiar with the matter.
π° CoinTelegraph
#CryptoNews
π’ @Coindce
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
The stablecoin payments company previously disputed reports that its US listing had been delayed. Hong Kong-based stablecoin payments company RedotPay is reportedly considering a confidential filing for a US initial public offering by the end of 2026, two months after reports that it had delayed its listing plans amid regulatory and legal hurdles. RedotPay is also in talks with investors about a potential pre-IPO funding round that could value the company at between $4 billion and $5 billion, Bloomberg reported Monday, citing people familiar with the matter.
π° CoinTelegraph
#CryptoNews
π’ @Coindce