Applications have yet to open, and new issuers generally must win approval before beginning US operations.... Read the full story at The Defiant
Crypto
OCC Encourages Community Banks to Become Stablecoin Issuers
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South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029.
Crypto
Bitcoin’s Bear Market Is Over, Galaxy Says
Bitcoin Magazine Bitcoin’s Bear Market Is Over, Galaxy Says Galaxy Research says that bitcoin’s bear market ended at the June low. This post Bitcoin’s Bear Market Is Over, Galaxy Says first appeared on Bitcoin Magazine and is written by Mi…
Crypto
Ethereum (ETH) Suffers Its Worst October in 8 Years: Is More Pain Ahead?
One analyst thinks ETH could reverse to the $1,850-$1,920 support area.
Crypto
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.