October 12, 2026 @ 8:42 am By Omar Faridi  |  

Bank of America (NYSE: BAC) adjusted its outlooks on three major retail trading and crypto platforms in early October 2026, lifting targets on Robinhood Markets (NASDAQ: HOOD) and Coinbase (NASDAQ: COIN) while reducing its view on eToro Group (NASDAQ: ETOR) as the firms prepare to… Read More

October 12, 2026 @ 8:39 am By Omar Faridi  |  

Strategy (NASDAQ: MSTR) Executive Chairman Michael Saylor has offered a fresh indication that the company remains prepared to expand its Bitcoin holdings, posting the brief message “There’s always room for more orange” on X. The remark, widely interpreted by market observers as a reference to… Read More

October 12, 2026 @ 6:05 am By Omar Faridi  |  

A London payments firm authorized by the UK’s Financial Conduct Authority (FCA) appeared on an internal roster of channels that the Kremlin-linked network A7 said it could use to move money, according to documents from a large leak examined by the FT. The company, trading… Read More

October 12, 2026 @ 5:10 am By Omar Faridi  |  

Wise (NASDAQ: WSE), the payments company that has branched into savings and investment products, has identified a multi-year flaw in tax paperwork sent to roughly four thousand of its UK based customers. The problem affected users of its Wise Assets offering, specifically the interest and stocks… Read More

October 12, 2026 @ 3:53 am By Omar Faridi  |  

The XRP Ledger has closed a critical integer-overflow vulnerability in its payment engine that had existed for roughly a decade and could have allowed an attacker to generate and spend new XRP in violation of the network’s fixed-supply rules. According to the official vulnerability disclosure… Read More

October 12, 2026 @ 1:42 am By Omar Faridi  |  

On October 9, 2026, the Central Committee of the Chinese Communist Party and the State Council issued the “Opinions on Developing New Quality Productive Forces,” a policy document outlining 19 measures across areas including technological innovation, industrial upgrading, and institutional reform. Among the directives is… Read More

October 12, 2026 @ 12:52 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) announced a cease-and-desist order together with a $350 million civil money penalty against American Express National Bank, based in Sandy, Utah. The action stems from longstanding weaknesses in the institution’s Bank Secrecy Act and anti-money laundering… Read More

October 12, 2026 @ 12:43 am By Omar Faridi  |  

Argentina’s monetary authority has closed the door on any near-term integration of cryptocurrencies into the formal banking and payments system, citing persistent economic fragility as the decisive constraint. Juan Curutchet, Superintendent of Financial and Foreign Exchange Institutions at the Banco Central de la República Argentina… Read More

October 12, 2026 @ 12:35 am By Omar Faridi  |  

Payward, the Wyoming-based parent of cryptocurrency exchange Kraken, is in discussions with Wells Fargo (NYSE: WFC) about serving as a liquidity provider for the bank’s digital asset trading activities, according to individuals familiar with the private conversations. Under the potential arrangement, Payward would supply market… Read More

October 11, 2026 @ 10:45 pm By Omar Faridi  |  

Digital onboarding continues to create significant friction for customers of major fintech platforms, including the robo-advisor Betterment and the banking app Revolut. Recent incidents and user experiences illustrate tensions between regulatory compliance requirements, data security, and the practical convenience of opening accounts online. In September… Read More

October 11, 2026 @ 9:51 pm By Tony Zerucha  |  

South Korea and tokenization “Proposed rules would allow stocks, bonds, and investment funds to operate under the country’s tokenized securities framework when it comes into effect in 2027. “The framework includes requirements covering capital, compliance personnel, technology systems and the management of distributed ledger records…. Read More

October 11, 2026 @ 9:42 pm By Omar Faridi  |  

Bitcoin has spent recent sessions trading in a relatively tight band between roughly $82,000 and $83,000, a range that has left many crypto industyr participants underwhelmed. October has historically delivered some of the strongest average returns for the asset, earning the informal label “Uptober,” yet… Read More

October 11, 2026 @ 9:41 pm By Michael Wong  |  

The Philippines will adopt international pricing conventions for peso-denominated government and corporate bonds from January 4, 2027, as financial regulators and market participants work to make the local bond market more accessible to international investors. The initiative is being led by the Bureau of the… Read More

October 11, 2026 @ 6:12 pm By Omar Faridi  |  

Adam Back, the longtime Bitcoin cryptographer whose early work was referenced by Satoshi Nakamoto and who has repeatedly denied speculation that he is Bitcoin’s creator, recently sharpened his critique of Ethereum’s foundational design. In response to warnings from Ethereum researchers that artificial intelligence could potentially… Read More

October 11, 2026 @ 4:34 pm By Michael Wong  |  

Hong Kong’s exchange-traded product (ETP) market has expanded sharply, with daily turnover rising 3.6 times since 2023 to account for nearly one-fifth of trading on the stock exchange’s Main Board, Securities and Futures Commission (SFC) Chief Executive Julia Leung said. The growth reflects efforts to… Read More

October 11, 2026 @ 4:15 pm By Omar Faridi  |  

As artificial intelligence focused executives, including Elon Musk, Sam Altman, and Anthropic’s leadership, have pressed world governments to approach the accelerating pace of AI development with greater restraint and foresight, a senior European official has expressed confidence that existing continental regulations can manage the risks… Read More

October 11, 2026 @ 4:02 pm By Omar Faridi  |  

Strategy (NASDAQ: MSTR) common shareholders may still absorb a dilution drag even after TD Cowen improved its bitcoin price assumptions, according to a client research note the firm issued on October 8, 2026. Analysts Lance Vitanza and Jonnathan Navarrete raised the bank’s bitcoin path while… Read More

October 11, 2026 @ 11:33 am By Omar Faridi  |  

Ledger, the maker of hardware wallets, is investigating a serious incident involving one of its official partners in Southeast Asia. The company has urged customers who bought devices from the Malaysian reseller CryptoBilis in the past three months not to set them up, and those… Read More

October 11, 2026 @ 11:00 am By Michael Wong  |  

Banks and other financial institutions are increasingly looking to external providers to upgrade their wealth management and brokerage services, as legacy technology and rising competition complicate efforts to modernise, according to a study commissioned by Saxo. Half of 332 senior decision-makers surveyed across Europe, the… Read More

October 11, 2026 @ 10:00 am By Omar Faridi  |  

Ethereum’s long-running split between its base layer and its rollups took a concrete step toward closing on October 5, 2026, when Eduardo Antuña Díez, a core contributor to the Ethereum Economic Zone (EEZ), published evidence of an atomic Layer 1 to Layer 2 transaction settled… Read More