Michael Saylor Clarifies Strategy's Plan to Sell Bitcoin for Dividends

Early Warning Services, the parent company of Zelle, announced plans to utilize stablecoins for international transactions, aiming to enhance cross-border money movement speed and reliability. This move aligns with the growing significance of stablecoins in finance, as predicted by industry experts.

Blockchain.com has obtained a MiCA license in Malta, joining other crypto firms like Kraken, Gate, and Gemini in seeking access to the EU market. The company is expanding its European operations with a focus on brokerage, institutional infrastructure, and self-custody wallet services.

Crypto.com has applied for a national trust bank charter with the OCC, joining other crypto companies like Circle and Coinbase. If approved, this move would enhance Crypto.com's position as a preferred custody service provider in the industry.

Polymarket is preparing to launch a token and airdrop for its prediction market, focusing on relaunching in the U.S. after a CFTC settlement. The company aims for the token to have utility and longevity, taking time for a well-executed rollout.

JPMorgan upgraded Coinbase to "overweight" and raised its price target to $404, citing new monetization opportunities and reduced risks. The bank highlighted potential Base token and enhanced USDC payouts as key catalysts for Coinbase's growth.

The Consumer Price Index rose 3% in the 12 months through September, slightly below the expected 3.1% increase. Bitcoin saw a 2% gain, trading at around $111,300, while Ethereum and Solana also experienced positive movements.

Five members of a dark web drug trafficking network were convicted for shipping illegal narcotics nationwide and laundering millions through crypto. The operation, known as "FireBunnyUSA," ran from 2019 to 2022, with investigators making undercover purchases of drugs like cocaine and MDMA.

Representative Maxine Waters criticized US President Donald Trump's pardon of Binance founder Changpeng Zhao, characterizing it as a "payoff" amid allegations of corruption and ties between the Trump family and Binance. Zhao, also known as CZ, served four months in prison last year for failing to prevent money laundering through Binance.

JPMorgan Chase & Co. plans to launch a program by the end of 2025 allowing institutional clients to use Bitcoin and Ethereum as collateral for loans, managed by a third-party custodian. This move follows the bank's decision in June to accept crypto ETFs as collateral.

Operation Catalyst, a joint effort by Interpol and Afripol, resulted in 83 arrests across six African countries, seizing $600,000 of $260 million in illicit assets. The operation targeted terrorism financing, money laundering, and online scams, with cooperation from entities like Binance and Moody’s.