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View allICYMI: 🇰🇬 The Kyrgyzstan government ordered the gold-backed USDKG stablecoin to wind down, with all 50M tokens set to be burned after holders exchange them for fiat or USDT.
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ICYMI: 🇰🇷 KB Securities has signed an MOU with Securitize and the Optimism Foundation to explore bringing tokenized securities to Korean institutional investors.
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ICYMI: 🇷🇺 Bank of Russia says direct peer-to-peer crypto trades between individuals will be allowed only until July 1, 2027, after which people must use authorized intermediaries.
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ICYMI: 🇷🇺 Moscow Exchange plans to start crypto trading on Dec. 1 and has been testing with professional participants for a week, says senior managing director Boris Blokhin.
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ICYMI: 🇺🇸 California Gov. Gavin Newsom signed a law on Sunday banning state officials from launching memecoins.
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ICYMI: 🇺🇸 Coinbase CEO Brian Armstrong says the 2024 election proved the importance of the crypto voter, warning that crypto voters "will remember who stepped up and who didn't."
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ICYMI: 🇺🇸 House Democrats are reportedly weighing a broader crypto market structure bill built on Rep. Maxine Waters' investor bill of rights, with more SEC oversight, per journalist Eleanor Terrett.
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ICYMI: 🇺🇸 Illinois published draft rules for its 0.2% crypto tax, classifying stablecoins as taxable but NFTs as exempt, with most DeFi transactions also exempt unless protocol fees are charged.
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ICYMI: 🇺🇸 JPMorgan analysts say US regulator actions are partly offsetting the CLARITY Act's Senate failure, but only legislation would make crypto rules more durable over the longer term.
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ICYMI: 🇺🇸 Kraken co-CEO David Ripley says Europe is now beating a "belligerent" US in the crypto race, citing political acceptance of digital assets as the key advantage.
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ICYMI: 🇺🇸 Michael Saylor says the CLARITY Act "placed too much emphasis on restrictions," arguing the most promising path to digital asset freedom over the next two years runs through the SEC, CFTC, Treasury, and White House.
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ICYMI: 🇺🇸 Patrick Witt is departing his position as executive director of the President’s Council of Advisors for Digital Assets, calling serving the administration the “privilege of a lifetime.”
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ICYMI: 🇺🇸 President Trump called former Fed Chair Jerome Powell "incompetent," saying "a man that's incompetent should not be sitting on the Federal Reserve Board."
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ICYMI: 🇺🇸 Strive CEO Matt Cole told Schwab Network that "Bitcoin doesn't need clarity. I think the US government needs clarity. They need to stop spending money."
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ICYMI: 🇺🇸 The SEC is seeking public comment on a FINRA-built exam that would let Americans without $1M in net worth or a $200K salary qualify as accredited investors, with a likely $100 fee.
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ICYMI: 🇻🇳 Vietnam expects to license its first crypto-asset service providers in 2026, says Deputy Finance Minister Nguyen Duc Chi.
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ICYMI: 🤖 Anthropic is targeting an IPO as soon as mid-November, with prospective investors valuing it at $1.8T-$2T, per Bloomberg.
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ICYMI: 🤖 Anthropic says small AI models are "months away" from being able to copy themselves across home devices like smart ovens and Android TV boxes, with no data centers needed.
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ICYMI: 🤖 Grok now handles 59.54% of agentic trading volume on Coinbase for Agents, dwarfing Claude's 13.37% share and ChatGPT's 1.54%, per Coinbase Developer Platform.
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ICYMI: 🤖 JPMorgan raised its price target on Meta to $920 from $820, with analyst Doug Anmuth saying Muse has the potential to become "the most widely used consumer AI application since ChatGPT."
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ICYMI: 🤖 Meta unveiled Muse Charm, a keychain-sized AI device with front and rear cameras, a fingerprint sensor, and its own 5G connection, set to ship in December.
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ICYMI: 🤖 OpenAI CEO Sam Altman said describing AI as “a new industrial revolution” is “quite off-putting,” arguing the future “can be much more like a new renaissance.”
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ICYMI: 🤖 Tom Lee called crypto “an AI downstream story,” saying “agents are going to carry digital wallets, and they’re a rising share of all traffic.”
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ICYMI: A Satoshi-era Bitcoin wallet dormant since July 2010 has moved 100 BTC, coins that were valued at nearly nothing 16 years ago but are now worth $8.55M, per Galaxy Research.
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