FCA Proposes Crypto Crime Guidance On Wallet Checks And Blockchain Analytics
TL;DR: The FCA is consulting on updated financial crime guidance for crypto businesses, including customer checks, blockchain analytics and the Travel Rule. Responses are due December 24, and the guide itself would not create new rules. Crypto businesses preparing for the UK’s expanded regulatory regime have a more detailed picture of the controls the Financial…
Kraken Parent Payward Wins In-Principle Approval For Kazakhstan Expansion
TL;DR: Payward has received in-principle approval for a Kazakhstan business covering digital asset trading, dealing and custody in the AIFC. Final licensing conditions remain relevant, and the announcement gives no customer launch date. Kraken parent Payward has moved closer to establishing a regulated business in Kazakhstan, with preliminary approval for several activities rather than trading…
BCG Study Puts Custody At The Center Of Banks’ Digital Asset Plans
TL;DR: A BCG study commissioned by Ripple argues that banks’ custody choices shape the digital asset services they can offer. Its modeled earnings opportunity is an illustration, while the report’s adoption estimate excludes assets on centralized exchanges. For a bank planning to move into digital assets, the custody decision can determine which products it is…
Stellar Updates Bell Upgrade Guide Ahead Of November Votes
Stellar has updated its Bell upgrade guide with the software versions that wallets, exchanges and infrastructure operators need before November’s network votes. The October 23 update adds concrete release references as teams prepare for changes to addresses and ledger data under Protocol 30. TL;DR: Stellar’s updated Bell guide identifies software needed before November’s upgrade votes.…
Circle Gateway Adds Bitcoin And Euro Balances With cirBTC And EURC
Circle is taking its cross-chain balance service beyond USDC. The company Bitcoin token, cirBTC, and euro stablecoin EURC, giving developers a common interface for moving three different assets. TL;DR: Gateway now supports cirBTC and EURC alongside USDC, with separate balances and different network routes. Its advertised speed applies after deposits have finalized. The Euro And…
Aave Opens Its First Externally Curated V4 Markets With Sentora
Aave’s first externally curated V4 markets are live on Ethereum, according to Sentora’s October 22 launch explanation. The curator says it is managing active borrowing markets for RLUSD, PYUSD and OUSD within a governance-approved deployment. TL;DR: Aave’s first externally curated V4 markets are live on Ethereum with Sentora managing strategy and risk settings. Borrowing options…
Aave Says V3.8 Security Proposal Preserves Flash-Loan Liquidations
Aave Labs has clarified that its proposed V3.8 security upgrade would preserve flash-loan liquidations. The October 23 response addresses how a reentrancy guard would interact with existing integrations. TL;DR: Aave’s proposed V3.8 guard excludes flash-loan entry points. Governance approval and security audits remain pending. The proposal, posted October 21, adds a guard to Pool operations.…
WhiteBIT’s W Group Backs SwapGlobal’s Push Into Pre-IPO Derivatives
W Group, the ecosystem behind crypto exchange WhiteBIT, has invested in derivatives provider SwapGlobal. The October 23 announcement disclosed no deal value and said the company’s first pre-IPO transactions were being prepared. TL;DR: SwapGlobal is preparing institutional pre-IPO derivatives with backing from W Group. The planned exposure would convey a contractual payoff, without ownership of…
Bitcoin ETF Flows Trail Price Moves, DWF Study Finds
Bitcoin ETF flows track recent price moves more closely than subsequent ones, according to DWF Labs research published October 22. The findings challenge a familiar shortcut: treating a large daily inflow as a forecast. TL;DR: DWF finds Bitcoin ETF flows track past returns more closely than future returns. The study examined 694 trading days through…
XRP Ledger Fix Upgrade Faces November 4 Earliest Activation After Vote Reset
An XRP Ledger maintenance amendment is running on a new activation clock after losing the validator majority behind its earlier countdown. The fixCleanup3_4_0 amendment regained majority support on October 21, moving its earliest possible activation window to November 4, subject to that support continuing. TL;DR: The amendment regained validator majority on October 21 after its…