What Mamdani’s mayoral win means for crypto in New York
Zohran Mamdani has won the New York City mayor’s race, and the city’s crypto industry is waiting to see how his administration will affect business. Source link
Bitcoin Ends ‘Uptober’ in Red, BNB Spikes: October in Charts
Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices jumped at the beginning of October. In the EU, the territory is still shifting as countries decide whether to support the “Chat Control”…
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What Does CFTC Chair Nominee Michael Saylor Think About Crypto?
The US Commodity Futures Trading Commission (CFTC) may finally get a chairperson as President Donald Trump’s nominee, Michael Selig, begins the vetting process. The CFTC is currently under the leadership of Acting Chair Caroline Pham, who assumed the role in April 2025. She was nominated to the position by President Joe Biden in 2022 and…
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CZ Latest in Trump Crypto Pardons
US President Donald Trump pardoned Changpeng Zhao, also known as CZ, on Oct. 21. The former Binance executive is just the latest on a growing list of convicted crypto executives to receive clemency from the White House. Even on the campaign trail, Trump promised to make an about-face on crypto policy and grant clemency to…
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Africa Countries Pass Crypto Laws to Attract Industry
Yesterday, the governor of the Bank of Ghana, the country’s central bank, said that crypto regulations will be in place by the end of 2025. This follows draft guidelines the bank published last year. By introducing a strong legal footing for crypto investors and companies, Ghana will join nine other countries on the continent that…
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WazirX Shutdown Ends, UK FCA Targets HTX: Global Express
After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce…
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California Law Preserves Abandoned Bitcoin Holdings
Over the weekend, California Governor Gavin Newsom signed a bill into law that preserves abandoned Bitcoin (BTC) holdings — a step forward that could provide legal clarity for custodians and crypto holders. The bill was an update to unclaimed property law (UPL) and contained one key provision: Abandoned Bitcoin or crypto holdings that are transferred…
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Crypto Framework on Hold Amid Partisan Gridlock
Senate Democrats submitted a counterproposal to the crypto framework bill last week. Industry advocates are concerned that this will stall progress on the legal clarity for the blockchain industry. The proposal, which has not yet been released publicly, would reportedly impose a number of rules for decentralized finance (DeFi) protocols. Among these is a supposed…
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Six Policy Changes Affected Crypto This Week
As crypto adoption increases globally, governments are grappling with the potential impacts on their financial systems and economic stability. This week, several major policy changes have impacted the crypto industry — some that hinder innovation and others that bolster it. In the US, a government shutdown has halted any consideration of crypto-focused exchange-traded funds (ETFs).…
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‘Uptober’ Sees Bitcoin Spike and ‘Flood Gate’ of ETFs
Over the last two months, at least 31 crypto exchange-traded fund (ETF) applications were filed with the US Securities and Exchange Commission, 21 of which were filed in the first eight days of October. This ETF wave comes amid increased optimism in crypto markets, which have seen impressive gains over the last month. The price…
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