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Finance and Business News page 52

Where crypto shows up on a balance sheet: exchange earnings, fund disclosures, sovereign wealth allocations, bank strategy and the macro decisions that set the price of risk for everything else.

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The fintech lender says its blockchain-based infrastructure is driving faster loan origination and processing. Figure Technologies has posted $4.3 billion in quarterly loan volume, according to reports from Yahoo Finance and CryptoBriefing. The company points to its blockchain-based infrastructure as a central driver of that growth.

The project aims to test blockchain rails for distributing US state benefit payments, with one report citing a 2027 target. Digital Asset has partnered with a foundation associated with former House Speaker Paul Ryan to pilot blockchain technology for distributing state benefit payments in the United States.

A sharp weekly surge pushed BTC above key moving averages and triggered widespread liquidations of short positions. Bitcoin surged approximately 20% over the past seven days, pushing the price to around $77,000. The move carried BTC decisively above key moving averages that traders use to gauge medium-term trend direction.

The bank now points to a possible retest of $126,000 before 2026 closes out. Standard Chartered is second-guessing a bitcoin price call it made earlier this year. The bank had set a year-end target of $100,000 for the largest cryptocurrency. Now it says that figure might undersell where bitcoin could actually land by December.

Four reports published this period give two irreconcilable versions of the same fact, and the gap between them is the story. Four reports published this period give two irreconcilable versions of the same fact, and the gap between them is the story.

Large holders accumulated hundreds of millions of XRP as the token snapped a months-long slide. XRP has pushed through a downtrend that had weighed on the token for months, according to reports from Invezz and crypto.news. Both outlets pointed to renewed buying interest as the catalyst behind the shift in momentum.

Fund flow trackers reported a sharp jump in ETH purchases through U.S. spot exchange-traded funds this week. Spot Ethereum exchange-traded funds absorbed a large single-day wave of buying this week, marking the strongest daily inflow the category has seen in ten months.

The Nomura-affiliated digital asset firm becomes the first company in four years to clear Japan's crypto approval process, according to CoinDesk. Laser Digital has received approval to provide crypto asset services in Japan, according to reports from CryptoBriefing and CoinDesk.

A new survey ties public disapproval to reported crypto gains of roughly $1.4 billion tied to the Trump family. A majority of Americans view President Trump's crypto-related earnings as inappropriate, according to a new Reuters poll.

The proposal, published in the Federal Register, marks a formal step toward a dedicated U.S. rulebook for digital assets. The chairman of the U.S. Securities and Exchange Commission has announced a proposed rule titled Regulation Crypto Assets.

Brad Garlinghouse links artificial intelligence adoption to broader US economic momentum even as crypto markets slide. Ripple CEO Brad Garlinghouse has credited artificial intelligence with helping the United States economy grow, according to a report from U.Today. He connected the technology's rapid adoption to wider gains across American industry.

crypto.news and Cryptopolitan both report a Hong Kong Court of Appeal ruling upholding a 56-month sentence tied to human trafficking and USDT ransom laundering, but they name the defendant differently. crypto.news and Cryptopolitan both report a Hong Kong Court of Appeal ruling upholding a 56-month sentence tied to human trafficking and USDT ransom laundering…

The filing shows liabilities roughly 50 times greater than the company's reported assets. Poolin, once one of the larger mining pools in the crypto industry, has filed for bankruptcy protection in New Jersey. The filing was reported by crypto.news on August 21, 2026.

Budapest scraps criminal penalties of up to eight years for unlicensed crypto activity as it moves toward the bloc's common standard. Hungary has repealed a national crypto law that carried some of the harshest penalties in the European Union.

New guidance clarifies the U.S. Strategic Bitcoin Reserve holds seized coins rather than buying on the open market. The U.S. Strategic Bitcoin Reserve is drawing fresh scrutiny over what it actually does. According to reporting from Cryptonews.com and The Cryptonomist, the reserve's rules define it as a custodial holding structure.

The costly, years-long legal fight is reshaping how Washington lawmakers approach digital asset rules. Ripple's protracted legal fight with the U.S. Securities and Exchange Commission has produced a costly outcome that is now shaping policy discussions in Washington.

The payment gateway now processes USDC transactions on Solana, aiming to tap a stablecoin market reported at $6.7 billion Finassets, a crypto payment gateway provider, has enabled USDC payment support on the Solana blockchain, according to reports from CryptoPotato and The Cryptonomist. The update lets merchants and users route USDC transactions through Solana's network infrastructure.

The transfer comes as Bitcoin trades above $75,000, drawing renewed attention to the kingdom's sovereign holdings. Bhutan's government transferred 490 BTC, worth approximately $32.7 million at current prices, to new wallet addresses, according to reports from crypto.news and CoinGape.

October 28, 2026

Stablecoin RLUSD Earns A2 Investment-Grade Rating From Moody’s

Ripple confirms the rating as the stablecoin market faces growing scrutiny…

October 28, 2026

Justin Sun Emerges as Largest Individual PEPE Holder With $51M Stake

The Tron founder now controls 2.82% of PEPE's total supply, raising…

October 28, 2026

Three South Korean Financial Firms, Including Bithumb, Report Data Breaches

Reports also link US exchange Coinbase to a separate security incident…

October 28, 2026

Coinbase Denies Systems Breach, Points to Vendor Amplitude for Data Exposure

The exchange says its own infrastructure was not compromised, placing responsibility…

October 28, 2026

Kraken’s Parent Company Reportedly Eyes Hyperliquid as HYPE Tests $75 Support

AMBCrypto reports growing interest from Kraken's parent in Hyperliquid as…