Libra Token Probe Halted in Argentina
Argentina’s probe into $4.78M Libra token flows stalls due to UFECI’s software limitations; deputies urge budget allocation to resume. Libra Trust plans Argentine corporate grants by November. #Update #Legal
Cryptocurrency
Ethereum Crashes 22% Dragging Altcoins Below $880B
$ETH plunges 10% to $1,545, erasing $468M in leverage; $ZEC crashes 40% after security flaw found. Altcoin cap drops below $1T. #Update #Crypto $ETH
Bitcoin Adoption Surges 31 Among US Men
Oobit survey reveals 51% of U.S. wallet users prefer crypto over banks for daily tasks, highlighting a shift toward decentralized finance. Privacy and efficiency drive this trend. #Update #Crypto
Spacecoin Launches $100M Vietnam Partnership
Spacecoin has signed a 3-year exclusive MOU with DETI to expand satellite, blockchain, and Edge AI services in Vietnam, targeting $100M+ annual revenue. #Update #Crypto
JPMorgan Launches Tokenized Deposit Network
JPMorgan, Citi, BofA, and Wells Fargo plan a tokenized deposit network by 2027 via The Clearing House. JPM Coin runs on Coinbase’s Base. #Update #Crypto
Mastercard Launches Stablecoin Support on 8 Blockchains
@Mastercard plans to integrate regulated stablecoins like $USDC across eight blockchains for on-chain card settlements, enhancing liquidity management with new settlement cycles. #Update #Crypto $USDC
Bitcoin Sponsorship Risks Flagged by FCA
The UK Financial Conduct Authority warns Premier League clubs against unauthorised crypto sponsorships, citing risks to fans and potential legal liabilities. #Breaking #Legal
Bitcoin Bans Hit Iran’s Nobitex Exchange
OFAC sanctioned Nobitex and three Iranian exchanges, freezing assets and barring U.S. dealings due to links with Iran’s IRGC. #Breaking #Legal @Nobitex
Bitcoin Classified as Capital in Court Ruling
South African High Court rules 1,680 bitcoins seized from Square Mangundhla as capital, conflicting with SARB’s crypto stance. Legal tensions expected. Legal
Senators Warn $14 Trillion 401(k) Risk
Senators Sanders and Warren warn that a Department of Labor proposal could put $14 trillion at risk by allowing cryptocurrencies in 401(k) plans. #Update #Legal
SEC Prioritizes Crypto Rules in Overhaul
The SEC prioritizes digital asset regulation in its 2026-2030 agenda, emphasizing innovation and investor protection with clearer crypto rules. #Update #Legal
Bitcoin: Charles Schwab Launches 2027 Crypto Trading
Charles Schwab plans to launch crypto trading and custody services for advisors by mid-2027, expanding access to $BTC and $ETH. #Update #Crypto
Stellar Launches Dollar Access for 60M Users
Moneygram launched MGUSD, a self-custodial stablecoin on the Stellar blockchain, enhancing digital USD access for 60 million users globally. $XLM demand may rise due to transaction requirements. #Update #Crypto $XLM
Binance Bans Foreign Stablecoins in South Africa
South African Reserve Bank and FSCA declare crypto assets and stablecoins are not legal tender, citing risks to National Payments System stability. #Update #Legal