Two Dormant Pepe Whales Move 2.27 Trillion Tokens Worth $10.19 Million
The transfers took place Oct. 28.
Day: October 28, 2026
BlackRock and SBI Explore Yen Stablecoin Link for Tokenised Funds
TL;DR: SBI Holdings and Startale announced on October 27 that they signed a memorandum of understanding with BlackRock Financial Management and BlackRock Japan to explore connecting tokenised money-market funds with JPYSC, a yen-denominated stablecoin. The next substantive evidence would be a defined pilot or production product, identified eligible investors, published legal and operational documentation and […]
Here’s what happened in crypto today
Today in crypto, Robinhood CEO Vlad Tenev warned that uncertainty over US tokenization rules could deter investors from committing substantial assets to onchain markets, Circle’s USDC overtook Tether’s USDT in euro-denominated stablecoin trading as MiCA reshapes the European market, and Binance applied for a crypto license in Brazil ahead of an Oct. 30 regulatory deadline.Robinhood’s Tenev warns US tokenization uncertainty deters ‘serious assets’Robinhood CEO Vlad Tenev says uncertainty over the longevity of US tokenization rules could prevent investors from committing substantial assets to tokenized markets, despite the securities regulator opening a temporary path for onchain stock trading this year. Speaking during Robinhood’s third-quarter earnings call Tuesday, Tenev welcomed the SEC’s innovation exemption but said further rulemaking or legislation would be needed to provide longer-term regulatory certainty. “As far as the innovation exemption goes, I think it’s a really positive step… I do think more needs to be done to give people a little bit of certainty because as we talk to customers, I think the uncertainty of what happens in five years is likely to be an impediment to, like, putting serious assets onto this technology.”Tokenized stock offerings have faced resistance from traditional issuers. Microsoft, Alphabet and Goldman Sachs were among 16 companies that objected to their shares being offered on the proposed OKXICE venue, while AMC CEO Adam Aron separately criticized Robinhood’s tokenized stock products. USDC overtakes USDT in euro trading as MiCA reshapes stablecoin marketCircle’s USDC has overtaken Tether’s USDt in stablecoin trading against the euro, capturing 56% of the market as European exchanges adjust to the EU’s Markets in Crypto-Assets Regulation (MiCA), according to Kaiko.In a new report, Kaiko said USDC’s share has surged from just 10% in January 2024, with the shift accelerating after major exchanges restricted USDT trading for customers in the European Economic Area.USDC has also gained a liquidity advantage, with euro trading order books now roughly 40% deeper than USDT’s. However, Tether remains the dominant stablecoin globally, with a circulating supply approximately 2.5 times larger than USDC’s.The findings follow the European Banking Authority’s decision to classify USDC as the EU’s first significant e-money token under MiCA, placing it under direct regulatory supervision.Kaiko suggested a similar shift could emerge in the United States as regulators implement the GENIUS Act. The Office of the Comptroller of the Currency recently finalized reserve and redemption requirements for supervised stablecoin issuers, effective January 2027.Further restrictions on noncompliant stablecoins are scheduled for July 2028, potentially benefiting Circle while Tether pursues the US market through its separately regulated USAT stablecoin.Binance files for Brazil crypto license ahead of Friday deadlineBinance has applied for a cryptocurrency service provider license in Brazil, seeking to maintain its operations in one of Latin America’s largest crypto markets ahead of a regulatory deadline on Friday, Oct. 30.The exchange submitted its application to the Central Bank of Brazil on Friday, Oct. 23, through its local entity, BBrasil, according to a statement shared with Cointelegraph.The company said the filing would allow Brazilian users to continue accessing crypto assets, stablecoin trading, payments and investment services.Binance has also announced changes for Brazilian users effective Tuesday, including restrictions on crypto lending, margin trading and other services. The exchange is also delisting 22 crypto assets in the country.Brazil requires existing crypto service providers to submit authorization applications by Oct. 30 to continue operating under transitional arrangements. Filing an application does not constitute regulatory approval.
Bybit secures license for crypto exchange services in Dubai
Bybit secures a VARA license for exchange services in Dubai, completing a four-year approval process amid recovery from a major hack. The post Bybit secures license for crypto exchange services in Dubai appeared first on CoinGeek.
Australia moves to ban AI chatbots from simulating emotional intimacy with kids
Australia’s AI chatbot ban could reshape digital safety norms, prompting global tech firms to reassess child interaction strategies. The post Australia moves to ban AI chatbots from simulating emotional intimacy with kids appeared first on Crypto Briefing.
CrowdStrike identifies AI agents conducting autonomous cyberattacks
AI-driven cyberattacks could democratize hacking, increasing threats across sectors and challenging current cybersecurity defenses and protocols. The post CrowdStrike identifies AI agents conducting autonomous cyberattacks appeared first on Crypto Briefing.
India weighs pre-release safety checks for frontier AI models
India’s shift towards stringent AI safety checks could increase compliance costs and delay product launches, impacting global AI competitiveness. The post India weighs pre-release safety checks for frontier AI models appeared first on Crypto Briefing.
UBS Books $3.59 Billion in Third-Quarter Pretax Profit, Up 27%
Net profit reached $2.7 billion, in line with estimates, while global wealth management drew strong net inflows.
Injective Opens Six Capped-Payout Options Markets on Testnet
Whitelisted participants receive priority access. The contracts cover U.S. stock indexes, precious metals and oil, with USDC settlement.
Core DAO Shifts Block Production to Validators as Contributors Step Back
Core DAO expects community operators to assume more development and stewardship work but has set no timetable or governance process for the handoff.
