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The U.K.’s Financial Conduct Authority (FCA) has officially lifted its four-year ban on retail access to bitcoin and crypto exchange-traded notes (cETNs). Starting today, firms can offer retail investors exposure to bitcoin and other cryptoassets through ETNs traded on FCA-approved investment exchanges such as the London Stock Exchange or Cboe UK.  The change came into effect today after months of consultation and signals a more open — though still cautious — regulatory stance toward crypto. “Since we restricted retail access to cETNs, the market has evolved, and products have become more mainstream and better understood,” said David Geale, executive director…

Asset manager Bitwise’s decision to set a 0.20% fee on its amended US-based Solana ETF application, which now includes staking, may be a sign of how competitive the product could get among ETF issuers, according to ETF analyst Eric Balchunas.“Thought we’d see higher first, need war to get this low,” Balchunas said in an X post on Wednesday. “They prob figured it’s gonna end up there anyway, so just do it now,” he said, adding it is a “veteran Terrordome move right there.”Bitwise amended its filing with the US Securities and Exchange Commission on Wednesday, updating the proposed Solana (SOL)…

Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbor Kenya is on the verge of enacting a crypto regulation bill. Blockchain financial infrastructure company the Global Settlement Network (GSN) has partnered with Ugandan developer Diacente Group in an initiative to tokenize $5.5 billion of real-world assets, which also includes a CBDC pilot, the companies announced on Wednesday. It comes as Kenya’s virtual asset service providers (VASP) bill passed through the country’s parliament on Tuesday and now awaits President William Ruto’s signature to become law. Kenya’s VASP bill passed…

Anticipation is rising as Polymarket hints at a POLY token airdrop that could outshine previous records set by Pi Network and Uniswap. With over 1.35 million users and recent institutional investment at a $9 billion valuation, Polymarket’s potential airdrop is poised to make history in the crypto community.Sponsored SponsoredIs the Biggest Airdrop Yet Coming with Polymarket’s POLY Token?Speculation gained momentum after Polymarket CEO Shayne Coplan tweeted about POLY. The crypto executive’s post spurred discussions about whether the token could join the ranks of the largest crypto assets. The post signalled major ambitions for the project, with users wondering if the…

Hyperliquid, the decentralized perpetuals exchange, announced Wednesday that it has listed MON-USD hyperps, allowing traders to go long or short the token in a pre-market phase.MON is the native token of Monad, a Layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM) — a feature that makes it easier for developers to migrate their applications from Ethereum.Both Hyperliquid’s announcement and Monad’s recent posts suggest that an airdrop may be imminent, with the project’s official teasing their “airdrop claim loading” feature reaching 98% on Oct. 8, according to Monad’s latest update on X.Based on trading in…

Ethereum and Solana dominated investor interest, while altcoins like Sui and Chainlink also saw minor inflows. Bitcoin attracted record-breaking inflows of $3.55 billion last week, even as its price neared historic highs and investors avoided short products. Across the broader digital asset market, investment inflows totaled $5.95 billion, which is the largest weekly inflows ever recorded. CoinShares believes this surge indicates a delayed reaction to the FOMC’s interest rate reduction, coupled with disappointing employment figures from the ADP Payroll report and uncertainty surrounding US government stability due to the shutdown. The resulting price rally lifted total assets under management…

Dogecoin started a fresh decline below the $0.260 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if there is a move below $0.2420. Dogecoin Price Trims Gains Dogecoin price started a fresh decline after it closed below $0.2620,…

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced on Thursday the expansion of its operations in Australia, having secured formal registration with the country’s anti-money laundering regulator, AUSTRAC.The exchange’s Australian arm, Gemini Intergalactic Australia Pty Ltd, is now officially registered with AUSTRAC, Australia’s financial intelligence and anti-money laundering regulator, as the digital currency provider. Registering with Austrac is necessary before offering crypto exchange services in the country.Gemini is one of the top 20 cryptocurrency exchanges by volume. The exchange has registered a total trading volume of over $126 million in the past 24 hours, according to data…

The digital landscape is in constant flux, a testament to humanity’s unyielding drive for progress. From the early days of dial-up to the hyper-connected world we inhabit, the internet has reshaped nearly every facet of our lives.  Yet, as we stand at the precipice of web3, a new paradigm emerges, promising a more equitable, transparent, and user-centric digital experience. This shift hinges on two pivotal concepts, decentralization and mainstream adoption. The journey towards a truly decentralized and widely adopted web3 is fraught with challenges, but the insights from industry leaders paint a compelling picture of the path forward. First, we…

Binance has updated its risk labels, adding Wanchain (WAN) to the Monitoring Tag list and removing several tokens from both Monitoring and Seed Tags. The update, effective October 9, signals a potential for future Binance delistings and has triggered a double-digit price drop for WAN.These changes reflect the exchange’s ongoing efforts to protect users and maintain transparency. While some tokens now face closer scrutiny, others have demonstrated stability and cleared recent risk reviews.Sponsored SponsoredWAN Token Hits New Record Low Following Binance Monitoring Tag UpdateIn the latest update, Binance notified users that it has extended Monitoring Tag to WAN token. The…