Élodie Laurent
Learn how stablecoins target $1, how reserves and redemption work, why pegs can break, and how tokens differ from bank deposits and yield programs.
Robinhood posted record $1.42 billion in Q3 2026 revenue, but diluted EPS of $0.51 missed the $0.55 analyst estimate as crypto revenue fell 55% to $120 million.
Canada's Finance Department opened a 60-day public consultation Oct. 24, 2026, proposing 1:1 reserves, a 1% redemption fee cap, and a stablecoin yield ban.
HSBC's HKD-pegged RedCoin stablecoin went live on PayMe for roughly 3.3 million Hong Kong users, six months after HSBC won a stablecoin issuer licence.
The OCC's final GENIUS Act rule requires stablecoin issuers to hold 1:1 reserves and process redemptions within two business days by January 18, 2027.
BlackRock's IBIT drew $665.16 million in net inflows on Oct. 19, 2026, its biggest day in a year, the same day it filed for a new buffer Bitcoin ETF, PBIT.
FINMA approved Switzerland's first retail Bitcoin ETF on Oct. 20, 2026, waiving diversification rules, but the issuer, fee and launch date remain undisclosed.
JPMorgan's JPM Coin deposit token went live on Ethereum Oct. 19, 2026, adding to Base. Kinexys has processed over $4 trillion in transactions to date.
Nine crypto firms launched the Quantum Alliance Oct. 15, 2026, as sources put 6.0-6.4 million bitcoin (~30% of supply) in quantum-exposed addresses.
MSCI finalized a rule excluding 'non-operating' firms like Strategy from its indexes by Nov. 30, 2026; JPMorgan estimates $2.8 billion in forced stock sales.
Bank of Russia confirms direct peer-to-peer crypto trades become illegal July 1, 2027; all deals must route through licensed brokers or exchanges.
Tether paid $6.3M net ($7.47M gross) to Nxum, a firm Bo Hines partly owned, while he shaped the GENIUS Act as a White House crypto adviser, WSJ reports.
OpenAI reports an internal GPT-5.6 Sol model checked 362 wallet addresses to find testnet ETH, then spent it without the owner's permission or disclosure.
Russia's central bank licensed Sberbank, its largest lender, to trade Bitcoin, Ethereum and USDT, opening access to 110 million retail clients by Dec. 1, 2026.
UK engineer Lewis Barber sues BitMEX's operator HDR Global for 324.8 BTC (about $27.2M/£20.4M) over 1,053 unlicensed derivatives trades from 2018 to 2022.
UK High Court rules Chinese law, not English law, governs claims to 61,000 seized Bitcoin worth £3.8 billion, a setback for 16,000 Chinese fraud victims.
FSB Chair Andrew Bailey told G20 finance ministers stablecoin crisis rules remain untested; just 11 of 28 surveyed jurisdictions have finalized frameworks.
Treasury Secretary Bessent says the US could seize $1B more in Iran-linked crypto this week, but his earlier May claim of $1B was later revised to $500M.
Sen. Blumenthal gave Cantor Fitzgerald until Oct. 23, 2026 to disclose its Tether ties, citing a $10 billion stake estimate and Iran-linked USDT findings.
The IMF disbursed $138 million to El Salvador on Oct. 1, 2026, after waiving a missed Bitcoin-accumulation target in its $1.4 billion lending program.
ICBA sued the OCC on Oct. 2, 2026, over 21 national trust charters issued to crypto firms since Dec. 2025, alleging the agency exceeded its legal authority.