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U.S. Bank completed a live cross-border payment transaction while exploring its USBDC stablecoin for treasury payments, liquidity management and collateral. CoinDesk reported that the test represents another step toward a possible stablecoin launch.
India’s Financial Intelligence Unit issued non-compliance notices to 15 virtual digital asset service providers over anti-money laundering lapses, CoinDesk reported. The source did not identify the platforms or provide details on potential penalties.
Metaplanet shareholders are seeking to cancel roughly 273 million potential shares added to an executive options pool that grew from 46 million to 319 million as the company issued equity to finance Bitcoin purchases.
Senator Cynthia Lummis said the Clarity Act can still pass, but added that Democrats must make further compromises. Her comments came ahead of a vote on the cryptocurrency legislation, according to Bitcoin Magazine.
Amar Kuchinad has left cryptocurrency custody firm Copper after serving as CEO since 2024, according to two people familiar with the matter. His departure comes as the company’s search for a buyer enters its fourth month.
Bitmine has added $70 million in Ethereum, taking its holdings to approximately 5.93 million ETH. The company says its position equals roughly 4.9% of Ethereum’s supply, with most tokens staked for rewards.
Cloud customers drove about 74% of a Bitcoin miner’s August production increase, while BTC holdings recovered only part of July’s decline after the company spent millions on compute capacity.
Ethereum is prioritizing quantum resistance and targeting 2029 for protection against a potential quantum computer capable of breaking today’s cryptography. The Ethereum Foundation says future upgrades will be evaluated against that deadline.
CoinDesk reports that incidents involving Coldcard, Lightning and Liquid show how AI is reshaping bug discovery across Bitcoin’s increasingly complex layer-2 infrastructure and changing the economics of security research.
The UK’s FCA is reportedly weighing whether to lift its ban on prediction markets and binary options for retail investors. Companies have been prohibited from selling, marketing or distributing the products in the UK since 2019.
Capital B bought 376 Bitcoin for about $29 million, raising its holdings to 3,521 BTC. The French company’s latest acquisition was its largest in nearly a year and moved it ahead of H100 Group among listed BTC holders.
Ethereum’s EIP-8141 could allow users to pay transaction fees without holding ETH. The proposal has been in draft form since January and was initially presented by its authors as a defense against quantum computers.
CryptoSlate reports that a reduced RowDAS design shared reconstruction duties in 1,000-node tests, potentially easing Ethereum’s rollup-related computing load while retaining reliance on high-custody nodes.
Solana’s Transaction v1 feature activates Wednesday, tripling transaction capacity so complex proofs and large multisignature operations can fit in one transaction. Services that read Solana data will need to update for compatibility.
DBS and Citi completed a weekend USD payment through Swift’s Digital Ledger using tokenized deposits. It is the second confirmed live use of Swift’s blockchain ledger as the network seeks to compete with always-on digital payment rails.
