Beijing Mobilizes Agencies for Fresh Crypto Crackdown, Citing Stablecoin Dangers
China’s central bank and a dozen other agencies have pledged to refresh the nationwide suppression of cryptocurrency.
China’s central bank and a dozen other agencies have pledged to refresh the nationwide suppression of cryptocurrency.
Data shows outflows dominated most of the month before a late influx. While Bitcoin and Ethereum funds saw major outflows, newer altcoin ETFs gathered inflows.
The World Federation of Exchanges has urged the regulator not to grant special exemptions that would let crypto companies sell tokenized stocks without being registered broker-dealers.
MoonPay is set to launch crypto custody and over-the-counter trading services for New York clients after being granted a state trust charter.
By convincingly framing its token as a tool for network participation rather than a speculative asset, the Solana-based project Fuse has secured a critical no-action letter from the SEC.
Crypto venture capital activity showed significant improvement in Q3, with investment rising to $4.65 billion—a 290% increase that marks the second-best quarter since the FTX implosion.
The memecoin market cap crashed to $39.4 billion on Friday, its lowest point in 2025, after a brutal sell-off wiped out over $5 billion in value within a day.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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