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This week in crypto: Richard Heart detained, Ledger Atom, Starknet's post-quantum vote
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.

Standard Chartered Debuts Bitcoin Trading for UAE Wealth Clients
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.

Crypto roundup: Stablecoin accounting rules, FSB warnings, XRP Ledger patch
CoinTelegraph reports on a proposed US accounting change for stablecoins, an FSB letter warning G20 officials about stablecoin oversight gaps and AI risks, and XRP Ledger developers defending a September emergency patch that bypassed the usual vote.

Ledger tampering reports spread to Europe as AI exposes XRP overflow bug
Reports of Ledger hardware wallet tampering have spread to Europe, though Ledger has not confirmed the European case, and an AI-assisted review uncovered a dormant XRP minting flaw. The incidents highlight ongoing hardware and protocol risks in crypto.

Standard Chartered to Offer Digital Asset Custody in Singapore
Standard Chartered intends to launch digital asset custody services for institutional clients in Singapore. The expansion builds on existing operations in the UAE, Luxembourg and Hong Kong plus the 2025 establishment of a London crypto trading desk.

SEC Proposes Crypto Custody Rules for Advisers and Funds
The SEC advanced regulations permitting investment advisers and funds to custody crypto assets under defined conditions, establishing a regulatory path following the Clarity Act blockage last month.

This week in crypto: stablecoin payments partnership, BTC rebound, and Strategy buy
Citi and Coinbase launched a stablecoin integration that hides all crypto elements from business users. Bitcoin ETFs recorded modest inflows while Strategy added 1,665 BTC to reach record holdings.

APAC leads crypto adoption as Bitget revises breach to $388M
APAC nations hold nine of the top 20 spots in the 2026 crypto adoption ranking while Bitget revised its breach figure to about $387.5 million from an initial $351.6 million. Regional banks are also testing 24-hour settlement and blockchain bond issuance.
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Polygon Labs expects its regulated payments business to turn profitable in 2027 after acquiring Coinme, which lets it handle conversions between crypto, stablecoins and traditional currencies itself. CEO Marc Boiron says the deal lets Polygon keep customer relationships and fees that previously went to payment intermediaries.
Deutsche Bank's crypto custody service is weeks from launch and will expand to Asia next year, Reuters reported Friday, citing the bank's corporate banking leadership. It will start with major cryptocurrencies such as bitcoin before adding stablecoin services, Bitcoin Magazine reports.
Russians have until July 1, 2027 to trade crypto directly with each other. After that date, deals must run through brokers or exchanges approved by the Bank of Russia, Decrypt reports.
Australia has introduced legislation that would require crypto platforms to report transactions involving Australian residents to tax authorities starting July 2027, Watcher Guru reports. The bill also covers international tax information sharing.
$948 million in crypto positions were liquidated across 177,440 traders in 24 hours, with longs making up 90.6%. Bitcoin fell below $80,000 after hotter CPI and PPI data revived bets on another Fed rate hike.
About $350 million in crypto long positions were liquidated in roughly 10 minutes early Thursday as Bitcoin fell below $81,000 and Ether below $2,400, Watcher Guru reported.
AI agents made more than 138 million crypto payments through Coinbase's x402 protocol on Base by Q3 2026, up from roughly 1,500 in mid-2025, according to a Chainalysis report. More than 87% were micro-transactions between a hundredth of a cent and 10 cents.
Payward is acquiring Lithuania-based Saldo Bank, the first digital asset company to buy an EU-licensed lender. The undisclosed deal is expected to close in 2027 and will let customers borrow and lend against crypto holdings without selling.
Wells Fargo's CEO reportedly said the bank is preparing for potential US crypto stablecoin opportunities.
Russia’s central bank now lists 10 authorized crypto exchange operators and six digital custodians. Sberbank joins the register ahead of its planned Dec. 1 launch for Bitcoin, Ether and Tether trading.
South Korea's FIU has approved blocks on 27 websites run by unregistered crypto exchanges, including KuCoin, MEXC, Phemex and Bitrue. The agency noted that existing users could face withdrawal complications and plans to offer guidance through DAXA.
Bitcoin briefly fell below $82,000 on Monday evening, and about $120 million in crypto long positions were liquidated within 15 minutes, according to Watcher Guru.
$2 trillion wealth transfer to younger investors is expected to drive crypto demand, Bitmine chairman Tom Lee said, as the ether treasury firm buys more toward a 5% supply target.
Blockchain analytics firms traced up to $93.2M stolen from wallets tied to Ledger devices sold by reseller CryptoBilis, and Tether froze $10M. Ledger says every confirmed case involves that Southeast Asian reseller but has not confirmed the total.
Ledger confirmed an unauthorized hardware implant in at least one device sold through Southeast Asian reseller CryptoBilis. The firm says confirmed cases are limited and its own systems remain unaffected.
French lawmakers approved a rule requiring crypto wallets above $112K to be declared, with fines up to 10,000 euros for non-compliance.
Ledger asked reseller CryptoBillis to pause all wallet sales while it investigates reports of drained accounts linked to suspected hardware implants that intercept screen data including seed phrases.
A French National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders, then rejected the 2027 budget's revenue section.
$1B of Iranian crypto is the target of a planned U.S. seizure this week, Treasury Secretary Scott Bessent said. The specific asset remains unclear.
Researchers estimate $72 million to $86 million in suspected crypto thefts tied to a Ledger reseller in Southeast Asia. The hardware wallet maker is now investigating the losses and warning users.
Up to $35 million and a lifetime crypto trading ban from Celsius founder Alex Mashinsky in a civil settlement with New York’s attorney general. Mashinsky is already serving a 12-year sentence for fraud.
Blockchain.com is seeking CFTC designation and registration to offer U.S. event contracts and cryptocurrency derivatives. The move would expand its platform into regulated prediction markets and crypto trading for American users.
$86M worth of crypto was reportedly drained from Ledger hardware wallets. The incident targets the firm's cold-storage devices, with no official confirmation yet on the attack vector.
US authorities reportedly plan to seize about $1 billion in cryptocurrency assets linked to Iran as part of broader sanctions enforcement. The move targets digital holdings to tighten economic restrictions without direct asset freezes.
France’s Finance Committee backed taxes on stablecoin swaps in the 2027 budget bill. It also targets unrealized crypto gains for households with more than 800,000 euros moving abroad.
UK sanctions three crypto exchanges and two payment services over alleged Russia links, with two handling transactions tied to the Kremlin-backed A7 network.
Bitcoin rebounded to $82,000 after Trump ruled out Iran strikes ahead of the midterms. Crypto security experts also dismissed bunker-mode concerns.
Greece is drafting a bill to tax crypto capital gains at 15%, exempting the first €500. The country currently has no crypto tax framework.
CFTC Chair said America is no longer sitting back while crypto moves overseas and other countries set the standard. "America leading the way.
$450,000,000 in crypto positions were liquidated in the past hour as Bitcoin fell below $81,000.
$185M was liquidated from crypto markets in the past hour as Bitcoin fell below $82,000 and Ether under $2,500.
Over 6 million bitcoin sit behind exposed public keys, per Glassnode co-founder's latest figures. Justin Drake is urging preparations for potential AI attacks on wallet cryptography.
A Maryland man was convicted of stealing $53 million from the Uranium Finance crypto exchange in two April 2021 hacks. The theft targeted the decentralized platform's liquidity pools.
Bitcoin slipped below $83,000 as Ethereum researcher Justin Drake's call for "bunker mode" preparations against AI wallet attacks drew mixed responses in crypto.
ESMA has given EU crypto firms three months to halt services involving non-MiCA-compliant stablecoins. Regulators now have that window to unwind existing exposures.
More than 60 countries will support USDC transfers from Samsung Wallet starting in October for eligible US Galaxy users, including sends to external crypto wallets and bank account withdrawals.
Ripple's $1.25 billion acquisition of Hidden Road gives the crypto firm a foothold in financing leveraged bets on stocks such as Nvidia. The unit has long been a bank domain.
Greece is preparing draft legislation for a 10% capital gains tax on cryptocurrencies, its first digital asset taxation framework.
CFTC Chair Mike Selig said new crypto rulemaking will impose stricter oversight to prevent another FTX-style collapse. The regulator plans to apply the same standards used in traditional markets.
House Financial Services chairman French Hill said SEC and CFTC crypto rules fall short of clarity after the Clarity Act collapsed. Only permanent law change can secure U.S. leadership, he added.
Wells Fargo is reportedly in talks with Payward, Kraken's parent company, to supply liquidity for crypto trading as major banks expand their digital asset involvement.
CFTC says it will deliver clear crypto rules with or without legislation from Congress.
$550M in crypto liquidations followed Bitcoin's 2.3% drop below $84K in two hours, tied to suspicion over leveraged short positions on Hyperliquid.
$400 million in crypto longs liquidated in the past 20 minutes as ETH falls below $2,600.
🔴 $360 million in crypto longs liquidated in the past 10 minutes as Bitcoin fell below $84,000.
$12.5 billion in crypto card payments set a new record, fueled by rising stablecoin adoption.
FinCEN will scrap proposed rules targeting unhosted wallets and cryptocurrency mixing.
Rain is seeking a US trust bank charter, joining other crypto firms pursuing federal charters days after community banks sued the OCC to overturn the underlying rules.
CCI CEO Ji Hun Kim said the group remains confident in the OCC’s approval of charters for crypto companies despite the banks' lawsuit.