Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking. Source：Cointelegraph
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. Source：Cointelegraph
US targets Iran’s crypto sector, cites over $100M in oil-linked payments
The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAEbased broker processed over $100 million in crypto for oil sales.…
BNB Chain activates Pasteur hard fork to strengthen bridge security
BNB Chain activates the Pasteur hard fork on BSC, closing bridge and validator security gaps while targeting greater transaction capacity. Source：Cointelegraph
CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets
A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in…
Gemini plans to distribute crypto prediction markets through Apex brokerages
The proposed deal would make Gemini the exclusive venue for crypto event contracts offered through Apex’s FCM, expanding its predictionmarket reach to…
Bernstein sees new USDC growth cycle, sets $140 Circle price target
USDC supply increased by roughly $2 billion in seven days, with Bernstein citing higher transaction activity and several factors that could support further…
Coinbase-affiliated advocacy group endorses candidates for US midterms
With just over two months until the US general election, Stand With Crypto announced its pick for politicians in its efforts to “elect the most procrypto…
Crypto advocacy groups oppose Illinois digital asset tax in court
Following a similar lawsuit filed by the Digital Chamber in July, two digital asset advocacy groups challenged Illinois’ 0.2% crypto tax on constitutional and…
Zondacrypto boss seeks leniency for testimony on political ties: Report
Przemysław Kral reportedly faces a fraud charge and is cooperating with Polish prosecutors as estimated customer losses reach $650 million. Source：Cointelegraph
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.…
ECB defends digital euro privacy as CBDCs face global scrutiny
Piero Cipollone said the Eurosystem would not identify digital euro users as central bank digital currencies face privacy concerns worldwide.…