The Federal Deposit Insurance Corp.'s proposal outlines how banks could seek approval to issue payment stablecoins as US regulators move from legislation to rule-making. The Federal Deposit Insurance Corp. (FDIC) is moving forward with rule-making under the US GENIUS Act by proposing a framework for how regulated banks could apply to issue payment stablecoins, a key early step in implementing the law’s stablecoin provisions. In a 38-page document posted to the FDIC’s website, the agency detailed proposed approval requirements for the issuance of payment stablecoins by subsidiaries of FDIC-supervised institutions. As Bloomberg reported, the proposal is subject to a public consultation period before advancing to the next stage of the rulemaking process. Read more
BitMine is building an Ether-heavy treasury as ETF flows wobble and exchange deposits rise, betting on Fusaka and staking to drive a longer-term thesis. BitMine says it holds 3,864,951 ETH after adding 138,452 ETH in a week, describing its treasury as representing more than 3.2% of the ETH supply. The accumulation is happening alongside risk-off signals, including notable spot Ether ETF outflow days and a reported spike in net outflows to Binance. BitMine frames the strategy as both catalyst-driven (the Fusaka upgrade) and operational, pointing to staking via its planned MAVAN initiative in early 2026. Read more
From fake crypto investment offers to deepfake endorsements, here’s how criminals trick users and what you can do to stay one step ahead. The holiday season is supposed to be about rest, family and celebration. Unfortunately, it is also one of the busiest times of the year for cybercriminals. Scammers take advantage of increased online shopping, festive promotions and emotional spending to trick people into handing over their money. Read more
The Solana-linked product expands Valour’s Brazil footprint as demand for regulated crypto exposure grows among regional investors. Valour, a subsidiary of publicly listed digital asset company DeFi Technologies, has received approval to launch a Solana exchange-traded product (ETP) in Brazil, offering local investors regulated exposure to one of the largest cryptocurrencies by market capitalization as institutional interest in the region continues to grow. The product, Valour Solana (VSOL), is scheduled to begin trading on Wednesday following approval from Brazil’s main stock exchange, Brasil, Bolsa, Balcão (B3 S.A.), DeFi Technologies announced Tuesday. The Solana (SOL) product will join Valour’s expanding lineup of Brazil-listed ETPs, which already provide exposure to Bitcoin (BTC), Ether (ETH), XRP (XRP) and Sui (SUI). Read more
While a poll suggested that the percentage of crypto ownership dropped in the UK, the amount of digital assets held increased, with a majority reporting Bitcoin and Ether holdings. A new poll conducted on behalf of the UK’s financial watchdog, the Financial Conduct Authority (FCA), suggests that cryptocurrency ownership in the country decreased over the previous 12 months, but the overall amount of digital assets held is growing. According to the results of a YouGov poll released by the FCA on Tuesday, the percentage of the UK adult population holding cryptocurrency dropped to 8% in 2025 from 12% in 2024. The data was based on 2,353 interviews conducted Aug. 5 to Sept. 2. While crypto ownership in the country declined, the share is still double that based on data from 2021: 4% ownership. In addition, the poll cites a “continuing trend” in holdings, with small-value ownership declining and large-value holdings growing. According to the report, 21% of respondents held $1,343 to $6,708 in crypto, and 11% had $6,...