Four stories. From a busy last week.
01. Bitcoin's rollercoaster
Bitcoin dropped to around $80,300 before recovering near $82,500 on Friday. Global tensions, oil prices and market liquidations kept traders on their toes.
02. A new regulatory proposal in the US
The CFTC proposed a framework for federal oversight of leveraged retail crypto trading. The proposal includes requirements for proof of reserves and protection against market manipulation. These are proposed rules, not final regulations.
03. Thailand takes a step towards crypto ETFs
Thailand finalised its framework for locally listed BTC and ETH ETFs. The rules take effect on 16 October, creating a regulated route for eligible funds to enter the market.
04. XRP Ledger introduces new permission controls
An upgrade activated on 8 October allows account owners to give other accounts specific permissions without sharing their primary keys. The change is designed to make account management more flexible, particularly for institutional use.
That's your crypto catch-up for the week.
Which development caught your attention?
01. Bitcoin's rollercoaster
Bitcoin dropped to around $80,300 before recovering near $82,500 on Friday. Global tensions, oil prices and market liquidations kept traders on their toes.
02. A new regulatory proposal in the US
The CFTC proposed a framework for federal oversight of leveraged retail crypto trading. The proposal includes requirements for proof of reserves and protection against market manipulation. These are proposed rules, not final regulations.
03. Thailand takes a step towards crypto ETFs
Thailand finalised its framework for locally listed BTC and ETH ETFs. The rules take effect on 16 October, creating a regulated route for eligible funds to enter the market.
04. XRP Ledger introduces new permission controls
An upgrade activated on 8 October allows account owners to give other accounts specific permissions without sharing their primary keys. The change is designed to make account management more flexible, particularly for institutional use.
That's your crypto catch-up for the week.
Which development caught your attention?
