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In an interview with Cointelegraph, Forward Industries’ Kyle Samani explains why he raised $1 billion for a Solana treasury strategy and how he plans to bring global markets onchain. Source: cointelegraph.com (Read Full Article)
Top NY regulator updates crypto guidance after announcing departure
With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users. Source: cointelegraph.com (Read Full Article)
EU watchdog pushes for stablecoin ban: Report
Stablecoins issued jointly by companies in the EU and other regions could come under scrutiny from local authorities following a reported warning from a watchdog group. Source: cointelegraph.com (Read Full Article)
Trump admin pulls Brian Quintenz as CFTC nominee: Report
The White House has withdrawn Brian Quintenz as Donald Trump’s pick to chair the commodities regulator, Politico reports. Source: cointelegraph.com (Read Full Article)
Michael Saylor’s Strategy Acquires $837M in BTC, as Crypto Market Surpasses $295B and US Advances Crypto Legislation
In September, Michael Saylor’s Strategy acquired over 7,000 BTC, with total acquisitions worth $837 million. The total stablecoin market capitalization has crossed $295 billion, showing continued growth. The US saw advancements in crypto legislation in five states, with Wisconsin introducing a specific bill related to data centers and Bitcoin mining. The number of crypto millionaires globally has reached 241,700, with an increase of 40% year-on-year. Bitcoin ETFs saw inflows of $241 million, with BlackRock earning $260 million from its crypto ETF offerings. In the EU, opposition to the proposed Chat Control law has increased among member states, as only 12 now support it, down from 15 earlier. [Original Post] Generated by DMK News Bot