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The CFTC extended no-action relief to passive software providers that connect users to regulated derivatives markets. Eligible providers can avoid registering as introducing brokers if they limit their role to front-end software and meet the agency's conditions. The relief covers software that displays market information and sends orders to registered entities. It extends relief first granted to Phantom Technologies in March.

The US Treasury sanctioned Iranian crypto exchange BitBank over alleged transfers of hundreds of millions of dollars in bitcoin to the IRGC. OFAC also designated BitBank's developer and three associates of Iranian financier Babak Zanjani. The alleged transfers occurred between June and July.

JPMorgan said Bitcoin could outperform gold if ETF hedging eases. Bloomberg senior ETF analyst Eric Balchunas predicted that Bitcoin ETFs will eventually triple gold ETFs in total assets. Gold ETFs have recovered all their 2026 outflows, while Bitcoin ETFs have recovered about half.

The CFTC issued a no-action position for qualifying passive software providers. The position could let crypto wallets and other apps offer access to regulated derivatives and prediction markets without registering as introducing brokers. Providers must limit their role in transactions and must not exercise discretion over users' orders.

OpenAI says it made substantial progress on another Millennium Prize Problem with a $1 million bounty. OpenAI has not identified the problem. The Clay Mathematics Institute's review of OpenAI's Navier-Stokes proof remains pending. A separate credit dispute with mathematician Tristan Buckmaster remains unresolved.

Bitcoin ETFs could reach three times the assets of gold ETFs as bitcoin matures, Bloomberg senior ETF analyst Eric Balchunas said. The ETFs launched in 2024 after a decade of denials from the U.S. Securities and Exchange Commission. They currently manage nearly $100 billion in assets, according to Coinglass data.

The SEC has authorized tokenised stock trading in the US under a five-year exemption. The move is expected to push crypto companies further into traditional equity markets. US venues must notify stock issuers and give investors the same rights as traditional shareholders. Robinhood and Payward must change models offered outside the US to meet those requirements.

The CFTC expands regulatory relief for providers of passive trading software. Qualifying developers can facilitate access to regulated derivatives markets without registering as introducing brokers or associated persons. The SEC also unveiled temporary relief for platforms facilitating on-chain trading of tokenized U.S. stocks.

Stellar activated Protocol 28 after a scheduled mainnet vote as the network reached a record sustained throughput of more than 211 transactions per second. Token Terminal ranks Stellar third among blockchains by RWA market capitalization at about $3.3 billion. The RWA value increased by $149.4 million over the past 30 days.

Kevin O'Leary said Congress will revisit the CLARITY Act next year after it received 49 of the 60 Senate votes needed to proceed. The House Ways and Means Committee advanced a separate crypto tax bill this week. The tax bill covers staking, mining, small crypto transactions and broker requirements.

The Senate failed to secure the 60 votes needed to advance the Digital Asset Market Clarity Act. The House previously passed the measure by 294-134. Marszalek argues that the procedural setback is not a final verdict because users and financial institutions have already adopted digital-asset infrastructure.

Andrew Yang is calling for a federal crackdown on frontier AI labs. Yang said researchers warn that powerful models are advancing faster than rules meant to contain them. He urged Congress to require liability for AI harms, waiting periods before deployment, and a kill switch for powerful models.

Mark Yusko said Bitcoin's fair value is roughly $105,000 and its long-term rise is built into the network. Yusko said Bitcoin adoption is expanding. He said new Bitcoin supply is falling. Yusko highlighted Oct. 5 as a potential shift toward the accumulation phase after 364 days from the previous cycle peak.

Reform UK reportedly wants to cut crypto investor taxes by £100 million a year. The proposal would lower capital gains tax from 24% for high-rate payers and 18% for basic-rate payers to 10%. The plans emerged days after Reform received £72 million from two crypto billionaires. Two tax experts said the cuts may negatively impact the UK economy.