US House tax committee advances crypto tax overhaul in 38–5 vote
A bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset…
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US marketstructure…
Bitcoin awaits Fed rate decision below $76K as analysis discounts ‘dovish surprise’ odds
Bitcoin price support materialized around $68,000 as markets saw a 93% chance of the Fed hiking rates by 0.25% on Wednesday. Source：Cointelegraph
Revolut ID thefts highlight KYC’s dangers: Here’s how to fix it
Zeroknowledge technology could let companies verify who you are without storing your identity documents. So why isn’t it already standard practice?…
Bernstein expects ‘aggressive’ rulemaking from SEC, CFTC, following CLARITY Act failure
Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on…
Circle launches Arc mainnet with USDC as native gas token
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains. Source：Cointelegraph
Italy investigates government email breach linked to Revolut data leak
Italy is probing the Revolutlinked breach after its cyber agency reported more than 650 cases involving abused or illicit certified email accounts.…
ECB seeks online merchants for 2027 digital euro pilot
Euroarea online and mobile merchants can apply until Oct. 27 to test beta digital euro payments in a 12month pilot. Source：Cointelegraph
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater…
US charges ex-Robinhood engineers over alleged pre-listing crypto trades
The former employees allegedly earned more than $50,000 each by trading Hyperliquid perpetuals ahead of Robinhood token listings. Source：Cointelegraph
Bitcoin ETFs shed $450M in biggest outflow since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the…
Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on cryptolinked equities, with Bitcoin miners and treasury companies also…