Finance and Business News page 19

The federally chartered digital asset custody bank is said to have reduced its workforce for a second time in recent memory. Anchorage Digital has reportedly reduced its workforce by roughly 17%, according to a report from BeInCrypto.

Market commentary cited several converging drivers behind Bitcoin's advance on Thursday. Bitcoin's price rose on Thursday, prompting fresh commentary from crypto media outlets seeking to explain the move. Both CoinGape and crypto.news published pieces examining why the asset was trading higher during the session.

Trading volume in tokenized equities is approaching limits set by the exemption, the company says. Robinhood's crypto chief has flagged a regulatory hurdle standing between the company and a full U.S. rollout of tokenized stocks.

A7 Network denies any connection to Iran after being added to the US sanctions list. The U.S. Treasury Department has formally sanctioned A7 Network, a Russian payments platform, according to reporting from crypto.news. The action cites transfers totaling approximately $17 billion processed through the network.

The asset manager's new guidance arrives as Bitcoin trades above $80,000 Fidelity has publicly named Bitcoin as a key diversifier for investment portfolios, positioning it as an alternative to the traditional stock-and-bond allocation model.

A sharp drop in trading activity has sliced deep into exchange operating income nationwide. South Korea's crypto exchange industry recorded a steep drop in profitability during the first half of 2026. Reporting from Cointelegraph and BitKE put the decline in operating profits at roughly 78% to 80% compared with the prior period.

The vote finalizes a deal that would make Evernorth one of the largest corporate holders of XRP ahead of a planned Nasdaq listing. Shareholders have voted to approve a merger involving Evernorth, clearing a key hurdle toward the company's planned Nasdaq listing.

Regulators have cleared a framework covering tokenized stocks, bonds and funds as the country targets a 2027 launch. South Korean regulators have taken a step forward on rules governing tokenized securities, according to reports published by Cointelegraph and crypto.news.

The payments giant has launched transactions on Solana, powering the state-backed Roughrider Coin. Fiserv has confirmed that its digital asset platform is now operational, marking a significant step for the payments processor's push into blockchain-based financial products.

Corroboration speed on today's record varies from under two hours to the better part of a day, and the gap is itself the finding. Corroboration speed on today's record varies from under two hours to the better part of a day, and the gap is itself the finding.

A new proposal would ease custody rules for investment advisers handling digital assets, three years after the agency pushed in the opposite direction. The Securities and Exchange Commission has put forward new rules aimed at easing custody requirements for investment advisers who work with crypto assets.

A Clarity Act story credited to Matt Hougan carries contradictory Bitcoin and Ether figures, and neither account is a primary document. A Clarity Act story credited to Matt Hougan carries contradictory Bitcoin and Ether figures, and neither account is a primary document.

One proposal would classify event contracts as swaps, intensifying the regulatory fight over prediction markets. The Commodity Futures Trading Commission has forwarded two proposed rules on prediction markets to the White House for interagency review.

Crypto Economy and TronWeekly both quote Bitwise CIO Matt Hougan on the Clarity Act's Senate setback but report different Bitcoin and Ether price gains for the same post-vote period. Crypto Economy and TronWeekly both quote Bitwise CIO Matt Hougan on the Clarity Act's Senate setback but report different Bitcoin and Ether price gains…

The deal brings one of Japan's largest crypto exchanges under SBI's financial umbrella, reshaping the country's digital asset market. SBI Holdings has finalized its acquisition of Bitbank, a prominent Japanese cryptocurrency exchange, in a deal valued at $294.9 million. The transaction marks one of the largest consolidations in Japan's digital asset industry to date.

The bank's forecast jumped 38% as analysts point to roughly $5 billion in expected inflows. Bitcoin changed hands near $85,000 on Wednesday as Citi revised its price target upward to $113,000. The new figure marks a 38% increase from the bank's previous projection, according to reporting from Cryptonews.com and The Cryptonomist.

The EU securities regulator wants gateways that connect users to decentralized finance protocols to face new compliance rules. The European Securities and Markets Authority has floated a plan to regulate so-called DeFi access points under the Markets in Crypto-Assets regulation, according to reports from Cryptopolitan and UNLOCK Blockchain.

Ripple's token closed the prior three months in the green, setting up a watch on whether the streak extends through October. XRP closed out the third quarter with three consecutive months of positive performance, according to separate reports from CryptoPotato and Cryptonews.com.