Tether announced $1.04 billion in Q1 2026 profit and a record $8.23 billion reserve buffer despite crypto volatility. The stablecoin giant also began its first full audit by KPMG amid U.S. expansion and scrutiny.
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The US Treasury published a proposed rule on October 22, 2026 to implement the COINS Act, widening limits on US investment in sensitive tech in countries of concern. Separately, DHS ordered DeepSeek products excluded and removed from federal civilian agency systems. The Treasury rule is not final; comments are due December 7.
Metaplanet secured approval for a 93.7% stake in Super League, USD1 lost over $400 million in market cap, and Qubic reportedly paused after an about $1.4 million exploit.
Richard Heart's detention in Istanbul preceded a roughly $246 million drop in HEX's market cap, Ledger unveiled its $849 Atom wallet, and Starknet put a post-quantum layer-1 move to a vote, per Cointelegraph's weekly digest.
Bitcoin Magazine reports that Payward, parent of Kraken, signed a definitive agreement to buy Saldo Finance Oy and its banking subsidiary, securing an EU license spanning five markets. Closing is targeted for 2027 and would support deposit interest, loans, credit cards and banking-as-a-service products.
Standard Chartered announced bitcoin trading for affluent UAE clients on October 14, allowing direct purchases through bank accounts. The move positions the bank as the first international institution to offer the service in the country and extends its existing crypto operations in Luxembourg and Hong Kong.
