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Circle can delay European USDC redemptions if reserves cannot cross borders

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Circle can delay European USDC redemptions if reserves cannot cross borders
European USDC holders seeking dollars from Circle could have to wait if reserves cannot move between its French and U.S. issuers, even while retaining their claim to a dollar. Circle’s current European redemption policy allows temporary delays during failed reserve rebalancing, exposing a cash-access boundary inside a token that is interchangeable worldwide. That boundary matters … Read more

Ten tokens held 62% of altcoin futures exposure, but shared collateral can put other positions at risk

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Ten tokens held 62% of altcoin futures exposure, but shared collateral can put other positions at risk
Ten tokens accounted for 62% of outstanding altcoin futures exposure, known as open interest, in Talos’s weekly market report covering September 24–30, 2026. That concentrated exposure came with different financing burdens: the report put SOL funding below zero while PUMP funding reached +21.8% annualized. Published October 1, the market report also put altcoin open interest … Read more

Circle and Tether find common ground against MiCA’s bank reserve rules

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Circle and Tether find common ground against MiCA’s bank reserve rules
Circle is urging the European Union to open its Markets in Crypto-Assets Regulation (MiCA) to foreign-regulated stablecoins and loosen reserve rules that constrain global issuers. The USDC issuer proposed a recognition regime that could let qualifying overseas stablecoin companies distribute tokens in Europe without becoming fully authorized EU issuers, as part of a broader push … Read more

US expands Hamas sanctions after tracing crypto transfers from France

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US expands Hamas sanctions after tracing crypto transfers from France
The US sanctioned two French charities and three individuals after alleging they helped channel cryptocurrency and other funds to Hamas. The Treasury Department’s Office of Foreign Assets Control (OFAC) added Association Baraka, Ensemble C Mieux, Faouzi Barika, Amel Oualid and Saleem Abdallah Saleem al-Zaq to its sanctions list on Oct. 2, expanding the roster of … Read more

Ethereum’s past outflow charts can change when more exchange wallets are identified

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Ethereum’s past outflow charts can change when more exchange wallets are identified
Coin Metrics has rebuilt Ethereum’s historical Standard Flow Metrics, raising a timing problem for tests that treat exchange outflows as a trading signal. The crypto data provider’s Oct. 1 notice says it recomputed Ethereum Standard Flow Metrics from the network’s first block using its most up-to-date information as part of its Ethereum Point-in-Time release. The … Read more

Illinois backs delay to crypto tax rule after months of industry pushback

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Illinois backs delay to crypto tax rule after months of industry pushback
Illinois officials have joined crypto industry groups in seeking a six-month delay to the state’s controversial digital-asset tax. The agreed motion, filed Oct. 1 in Sangamon County, asks a judge to postpone the levy’s Jan. 1 start until July 1, 2027, while a constitutional challenge brought by The Digital Chamber and the Illinois Blockchain Association … Read more

El Salvador’s $666 million Bitcoin reserve survives IMF review

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El Salvador’s $666 million Bitcoin reserve survives IMF review
El Salvador secured access to $138 million from the IMF while recommitting to limits on further state Bitcoin accumulation. The International Monetary Fund (IMF) completed the second and third reviews of the country’s $1.4 billion loan program on Oct. 1, allowing an immediate disbursement equivalent to SDR 101.96 million, or $138 million. The board also … Read more

Lido’s proposed staking route needs over 13 times the default entry bond

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Lido’s proposed staking route needs over 13 times the default entry bond
Lido’s proposed route for running larger Ethereum validators would require a 32 ETH entry bond, compared with 2.4 ETH for its existing default route. That higher collateral can become more efficient once enough stake is allocated to the validator, but an operator’s profile and place in the funding queue determine how useful the advantage is. … Read more