Finance and Business News page 20

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.

Spot Bitcoin exchange-traded funds saw strong inflows over the third quarter, coinciding with a sharp rise in the token's price. Spot Bitcoin exchange-traded funds recorded substantial net inflows during the third quarter, with figures reported at either $6 billion or $6.3 billion depending on the source.

New data shows the city-state regaining ground as a regional digital asset hub, led by a sharp rise in institutional participation. Singapore's crypto market has posted a notable rebound, with total activity reaching $284 billion. The figure reflects a broad increase in trading and transaction volume across the city-state's digital asset sector.

A brief bounce tied to softer inflation data lost steam when bond yields failed to retreat. Bitcoin touched $85,500 in the wake of a softer inflation print, according to CoinDesk, before the move reversed. The initial pop came after data pointed to easing price pressures, a reading traders typically interpret as supportive for riskier assets…

The enforcement action raises questions about how tokenized exposure to private companies is sold to retail investors. The Securities and Exchange Commission has brought charges against Meyer Global, alleging the firm defrauded investors through offerings tied to pre-IPO stock in SpaceX.

Officials are reportedly examining how Binance continues to serve European customers despite an earlier wind-down order European Union regulators are reportedly reviewing how Binance has used a transitional exemption under the Markets in Crypto-Assets regulation, or MiCA, to continue operating in the bloc.

A new policy paper argues an opaque MSCI review process could force index funds to dump shares of bitcoin treasury companies. The Bitcoin Policy Institute, a Washington-based research group focused on digital asset policy, has released a paper examining a rule under review at MSCI.

Losses from exploits and thefts across the crypto industry hit their highest monthly total so far this year. September has been confirmed as the worst month of 2026 for crypto-related theft. Reported losses from hacks and exploits across the industry topped $768 million, according to Cointelegraph.

A Florida judge ordered Fundsz promoters to pay millions and barred two executives from future trading. The U.S. Commodity Futures Trading Commission has secured a judgment of more than $31 million against Fundsz, following a civil enforcement action tied to an alleged cryptocurrency fraud scheme.

The bank's research division becomes one of the first major traditional finance institutions to publish a long-term price target on the Ethena token. Standard Chartered has started research coverage of Ethena, according to reports from CryptoBriefing and crypto.news.

The prediction market platform will retire its rewards scheme as scrutiny grows over a reported $5 billion in trading activity. Kalshi plans to shut down its volume incentive program on October 13, according to CryptoBriefing.

AllUnity brings a euro-area-regulated dollar token to a market long dominated by Tether and Circle. AllUnity has introduced USDAU, a dollar-backed stablecoin built to meet the European Union's Markets in Crypto-Assets framework, according to reporting from Cointelegraph and crypto.news. The launch adds a new entrant to a stablecoin market still dominated by non-European issuers.

The bank ties the rollout to survey data showing strong Hong Kong customer familiarity with stablecoin use cases. HSBC has reported the launch of a stablecoin called RedCoin, designed for peer-to-peer payments. The rollout is set for Hong Kong, according to reporting on the announcement.

The Taiwanese platform now lets users convert Tether's stablecoin on the Aptos network directly into New Taiwan Dollars. MAX Exchange has enabled native support for Tether's USDT stablecoin on the Aptos blockchain, according to reports from CryptoBriefing and The Cryptonomist. The Taiwan-based exchange now allows direct conversion between Aptos-native USDT and the New Taiwan Dollar.

Reuters reports the prediction market operator is negotiating a new investment round that would sharply raise its valuation. Kalshi is in advanced talks to raise fresh capital at a valuation of roughly $40 billion, according to a Reuters report cited by crypto.news and Cointelegraph.

The new fund includes staking rewards and comes with a long-term 2030 price projection from Bitwise. Bitwise has introduced the first U.S. spot exchange-traded fund built around NEAR Protocol's native token, according to reporting from TronWeekly, BeInCrypto, and Crypto News Australia.

The integration lets travelers convert stablecoin holdings into everyday purchases across Japan's merchant network Binance Pay has integrated with PayPay, allowing users to spend USDT directly at merchants across Japan that accept the payment app.

The deal ties blockchain infrastructure to a national asset registry valued at roughly BRL 22 trillion. Ripple has entered into a partnership with CSD BR, a central securities depository in Brazil, according to reporting from Bitcoin.com News and CryptoBriefing. The agreement will see securities records mirrored on the XRP Ledger, Ripple's public blockchain network.