Crypto Markets & On-Chain Ecosystem Developments

According to the Astana Financial Services Authority (AFSA), Kazakhstan's AIFC Court issued injunctions on October 20 against six cryptocurrency platforms—Coinbase, HTX, BingX, Bitcoin.com, BitMart, and WEEX—prohibiting them from offering unlicensed digital-asset services within the financial centre

Filecoin adjusted its reward structure to emphasize acquiring and retaining paying customers, according to a tweet by @Filecoin. The change aims to enhance user engagement and network utility by tying network rewards to customer retention. Filecoin operates as a decentralized data storage network th

According to NEAR Protocol's official announcement, the platform has launched NEAR Business, a confidential multisig treasury designed for crypto-native teams. The platform enables teams to manage transactions and pay vendors across over 35 blockchains, with each transaction requiring approval from

Coinbase has partnered with Singapore-based payments network Thunes to integrate stablecoin transfers with bank accounts and mobile wallets, reaching billions of accounts globally. According to Bitcoin.com News, the collaboration supports vendor payments, gig worker payouts, and international remitt

Senator Cynthia Lummis criticized Democrats for blocking debate on the Clarity Act, legislation designed to regulate cryptocurrency exchanges' token creation practices. Lummis stated Democrats are demanding a ban on exchanges creating tokens from thin air, a practice that contributed to the FTX coll

Arbitrum's stablecoin USDG has reached $44 million in total value locked (TVL) on the Morpho lending platform, according to platform data.

According to FinanceFeeds, on October 16, Ramp filed an application with the Office of the Comptroller of the Currency for a national trust bank charter. The proposed entity, Ramp National Trust Bank, would provide custody and fiduciary investment management services for digital assets, excluding de

According to BlockBeats, Coinbase will add support for Axis Labs (AXIS) on October 21. Users can now generate AXIS deposit addresses on Coinbase.com, the Coinbase app, and Coinbase Exchange in supported regions. Axis deposits will remain unavailable until the asset issuer unlocks transfers.

According to CoinMarketCap, today (Oct 20), top performers among the top 100 cryptocurrencies by market cap included MemeCore (M) up 15.98% and Aerodrome Finance (AERO) up 11.56%. Among decliners, Morpho (MORPHO) fell 5.93% and Stacks (STX) dropped 5.30%.

According to Guru Club, France's parliament on October 20 is advancing legislation to impose a 31.4% capital gains tax on transactions exchanging crypto assets for stablecoins.

According to ChainCatcher, Starknet Foundation launched Bramble wallet, integrating STRK20 shielding functionality to enable users to hold private balances. The Chrome-only wallet combines privacy balance features, Ledger hardware signing, and multi-signature account capabilities, with recovery seed

Grvt, a self-custody trading platform built on its proprietary zero-knowledge chain, announced that its foundation has completed the first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed approximately 1% of circulating supply

According to Odaily星球日报, Flap founder announced on X that rewards will be distributed soon, with the community set to receive additional incentives.

The Česká národní banka (ČNB) announced new MiCA regulations requiring only licensed entities to operate in the Czech Republic's crypto asset market. The regulations emphasize customer responsibility, advising investors to understand the risks associated with crypto investments, which offer less pro