News linked to this event type.
The Cardano Foundation has officially launched the programmable token standard CIP-0113 on the Cardano mainnet, enabling regulated asset issuers such as stablecoin operators, tokenized funds, and bond issuers to embed compliance rules including KYC, anti-money laundering, sanctions screening, asset freezing and confiscation, and transfer restrictions directly into their tokens, which are then enforced by the Cardano ledger with every transfer, mint, and burn. This standard requires no hard fork; the tokens remain native to Cardano, and issuers can update compliance modules in response to regulatory changes.
CFTC Chairman Michael Selig said yesterday that under the proposed rules, only federally regulated cryptocurrency trading platforms will be able to offer leveraged trading. States can only provide money transmission services, and the 100x leverage commonly seen outside the United States has never been allowed in the U.S., nor will it be this time. Previously, the U.S. Commodity Futures Trading Commission proposed two new rules aimed at establishing a U.S. cryptocurrency regulatory framework based on its authority to oversee leveraged and margin trading.
Odaily News: The US IRS released Revenue Procedure 2026-20 on October 6, updating and replacing Revenue Procedure 2025-31 issued in November 2025, clarifying that qualifying investment trusts and grantor trusts may participate in PoS staking while retaining tax benefit treatment. The IRS recognizes compliant staking as a "property preservation activity," keeping the trust on the passive side and preserving its investment trust and grantor trust status (IRC Sections 671 to 677).The safe harbor contains 14 requirements, including that shares be listed on a national exchange, that only a single digital asset be held, that assets be custodied by a qualified custodian, that the liquidity policy be approved by the SEC, and that staking rewards not be hoarded. The guidance applies to tax years ending on or after November 10, 2025.
former federal prosecutor Renato Mariotti pointed out that the SEC's crypto asset FAQ, published on September 25 and updated on September 28, is merely non-binding staff guidance that can serve as a reference but is not a "protective charm." The FAQ, issued by the SEC's Division of Corporation Finance, addresses topics including staking receipt tokens, decentralized network buyback programs, and how marketing communications fit into the Howey test, but it does not name any specific assets or protocols and only provides principle-based statements. Mariotti stated that the FAQ only reflects the views of SEC staff, has not been formally approved by the Commission, and carries no legal force; since the rule proposed on August 18 has not yet been finalized and the Clarity Act is stalled in Congress, industry participants still need to rely on staff commentary to make their own judgments regarding disclosure and token design.
According to Cointelegraph, the German Federal Financial Supervisory Authority (BaFin) has rejected the crypto-asset service provider (CASP) license application submitted by futurum bank AG, a subsidiary of Bitcoin Group SE, under the Markets in Crypto-Assets Regulation (MiCA). Consequently, the cryptocurrency trading platform Bitcoin.de, which it operates, currently remains under trading suspension.
Odaily News: Sui posted on the X platform that Mysten Labs has announced a partnership with Google Cloud to officially release the Verifiable Agent Arbiter (VAA), providing enterprises with an evidence layer to prove whether AI Agent actions were executed within authorized scope, and using Sui and WalrusProtocol to anchor the relevant proofs. VAA integrates an Agent's authorized scope, actual behavior, and final outcomes, while keeping sensitive information such as prompts, model outputs, tool calls, and policy decisions private, storing them in customer-controlled Google Cloud Storage. VAA supports dispute replay, event reconstruction, and verifiable Agent commercial transactions through Sui Agent payments and x402, and can help enterprises meet regulatory requirements including the EU AI Act.
Odaily News: Crypto asset platform operator Bitcoin Group SE announced that the German Federal Financial Supervisory Authority (BaFin) has rejected the crypto asset service provider license application submitted by its subsidiary futurum bank AG under the Markets in Crypto-Assets Regulation (MiCA). The company is evaluating alternative operating models and seeking to restore Bitcoin.de trading as soon as possible through a regulated partner.Moritz Eckert, CEO of Bitcoin Group SE, stated that the company had prepared for the rejection of its application and will now review the decision, with the option to file an objection or resubmit the application in the future. Bitcoin.de is a German crypto trading platform operated by futurum bank AG, with over 1.1 million registered users.Bitcoin.de was originally a peer-to-peer trading marketplace and switched to a broker model this year, with plans to offer over 100 cryptocurrencies, crypto asset exchange, and staking services. The platform was originally scheduled to launch the new model at the end of June, but it was delayed due to waiting for MiCA licensing, and trading has been largely suspended since June 12. (Cointelegraph)
U.S. Congressman Don Davis of North Carolina has introduced the "Ban on Betting on Your Own Election Act," which would prohibit federal election candidates, their campaign teams, and their spouses and children from buying, selling, or holding political event contracts related to their own elections. Violators would face a civil penalty of up to $10,000 per violation, or forfeiture of three times their potential profits. Because the U.S. Congress is currently in recess until after the November midterm elections, the bill cannot be considered before the 2026 midterm elections.
Odaily News: Ferrari NV tokenized stock RACE has launched on Solana through the Sunrise asset gateway, with Backpack Securities serving as the issuer, effective October 6. Each RACE token is backed 1:1 by one actual Ferrari share held in regulated custody, and holders can redeem it for traditional stock equity through Backpack Securities. The token is supported on trading venues including Phantom, Jupiter, and Raydium, offering 24/7 trading and eligibility for dividends and corporate actions; Backpack plans to expand its tokenized stock tickers on Solana from approximately 200 to 10,000.
According to Cointelegraph, digital asset management firm CoinShares surveyed 2,230 wealthy investors with investable assets exceeding $500,000 across seven countries, including the US, UK, France, and Germany. The results indicate that most respondents already hold digital assets, with crypto assets accounting for an average of approximately 10% of their portfolios.
Odaily News: Hyperliquid Labs has confirmed that its headquarters are located in Singapore. Corporate documents show Singapore as its registered headquarters, and recent job postings also indicate that it has an office locally. The Monetary Authority of Singapore (MAS) previously stated that it does not consider Hyperliquid to fall within its regulatory jurisdiction, and said it is unclear whether Hyperliquid is regulated by any major jurisdiction. Hyperliquid Labs stated that Hyperliquid is currently unregulated and has never claimed to be licensed or authorized by the MAS. Hyperliquid-related products allow users to trade on the price movements of assets such as cryptocurrencies, crude oil, and equities.
Odaily News: The Dubai Virtual Assets Regulatory Authority (VARA) issued a reserve asset audit circular on October 6, clarifying the minimum requirements for independent audits of VASPs. VASPs must maintain reserves of no less than 100% of customer liabilities throughout the entire review period, held 1:1 in the same virtual assets, with daily reconciliation. The audit scope must cover hot wallets, warm wallets, cold wallets, third-party wallet infrastructure, and third-party custodied assets, and must verify customer asset segregation, wallet control, and whether any re-staking, lending, or other use exists.
Odaily News: Prediction market platform Kalshi has won a partial preliminary injunction against the state of Illinois. On October 2, Judge Martha M. Pacold of the U.S. District Court for the Northern District of Illinois ruled that the state's sports betting licensing regime and related criminal provisions may be preempted by federal law and cannot currently be enforced against Kalshi.The ruling temporarily blocks Illinois from requiring Kalshi to hold a state license, which was originally intended to restrict traders to those aged 21 or older and physically located within the state, as well as to limit the sporting events that contracts could track. The court also declined to rule on Illinois's newly established prediction market fees.Pacold stated that contracts on championship winners may constitute swaps under the Commodity Exchange Act and should be traded on designated contract markets and subject to federal regulation. This determination differs from the Ninth Circuit Court of Appeals' August conclusion that such contracts constitute gambling rather than swaps.This is Kalshi's first victory in federal court since July. Illinois's new budget law imposes a 1.75% fee on the first 5 million relevant transactions on exchanges, then 3.5% thereafter, plus a 15% gross revenue fee and a per-transaction fee of 25 or 50 cents; the court has asked the parties to submit supplemental briefs on the fee issue. (Bitcoin.com News)
Cross-border payment platform Conduit sues Tether, accusing it of wrongfully freezing $2.76 million in USDT after misjudging its ties to a Brazilian investigation.
U.S. President Trump responded to the proposal to suspend the federal gasoline tax, stating that it is currently under consideration. The remark pertains to potential adjustments to U.S. federal fiscal policy and the energy tax system.
U.S. President Trump publicly stated that the U.S. dollar is currently performing strongly. His remarks, focusing on macro-level exchange rate trends, have drawn market attention to the dollar's fundamentals and future policy directions.
A U.S. representative has introduced a bill that would prohibit federal candidates from betting on their own elections on prediction platforms, with violators facing hefty fines. It is expected not to take effect before the 2026 midterm elections.
Odaily News: Bitcoin News posted on X platform that Czech commercial bank Partners Banka has partnered with MiCA-licensed Anycoin to integrate Bitcoin into its client fund management application. Clients can open a Bitcoin account within minutes and trade starting from 500 Czech koruna, approximately $23, with no custody fees; the trading spread is 2%, of which 1.5% goes to Partners Banka and 0.5% goes to Anycoin. Petr Borkovec, CEO of Partners Banka, stated that the recommended allocation ratio remains limited to within 5% of the portfolio, and the product does not currently include other cryptocurrencies.
Today's financial calendar focuses on macroeconomic data such as China's foreign exchange reserves, European and U.S. industrial output, and housing price indices. Markets will closely monitor changes in U.S. API and EIA crude oil inventories, the New York Fed's inflation expectations, and the Federal Reserve's monetary policy meeting minutes.
Fed official Daly publicly stated that further tightening measures may be necessary in the current economic environment. The statement reinforced market expectations for maintaining a high interest rate environment.