Charles Schwab Plans to Introduce Prediction Markets With Cboe for Wagering on the S&P 500's Performance: WSJ

Police in Paraguay have arrested 10 individuals aged 18-20 for allegedly stealing $1.2 million and laundering it through cryptocurrencies. The gang used cash and card mules to empty victims' accounts and convert the money into crypto, offering to buy coins at inflated rates.

VerifiedX has introduced Prism, a privacy layer for Bitcoin, allowing encrypted balances and shielded addresses for private transactions with auditability. The XRP Ledger also added zero-knowledge proof capabilities for institutional users seeking privacy on public ledgers.

DoubleZero Foundation has launched DoubleZero Edge, a platform providing real-time data from the Solana blockchain to trading firms. By offering faster access to crucial information, the project aims to meet the increasing demand for Wall Street-style systems in digital asset markets.

Paris Blockchain Week has increased security measures due to the rise in violent crypto-related robberies in France, with one attack every five days on average this year. The recent abduction of a mother and son in Burgundy highlights the ongoing threat to crypto holders and entrepreneurs in the country.

The UK is progressing towards comprehensive crypto regulation, with the FCA planning to implement a full regime by October 2027. The consultation outlines regulated activities like trading, custody, stablecoin issuance, and staking to transition from an unregulated to a structured system.

Bitcoin's climb to $76,000 is met with resistance as exchange inflows spike, indicating large holders preparing for distribution. The on-chain realized price of $76,800 historically acts as a bear market resistance level, triggering significant drops in the past.

At Paris Blockchain Week, Blockstream CEO Adam Back proposed optional quantum-resistant Bitcoin upgrades, contrasting with a group of developers advocating for a mandatory freeze on quantum-vulnerable Bitcoin. The debate reflects a deepening split among Bitcoin developers on how to address the looming threat of quantum computing.

Nomura's survey reveals that nearly 80% of institutional investors plan to allocate 2-5% of assets into cryptocurrencies, focusing on DeFi and stablecoins. The report emphasizes the importance of clear regulations, security, and risk management for expanding crypto investments.

South Korea's Ministry of Economy and Finance will test blockchain-based deposit tokens for government spending in the fourth quarter to modernize public fund management. The pilot, approved under a 2026 regulatory sandbox program, aims to improve oversight and reduce transaction fees for small businesses.

Momentum is growing in Washington for the Clarity Act, with JPMorgan indicating progress in negotiations. Lawmakers and regulators are close to finalizing the legislation, addressing issues like stablecoin rewards and DeFi oversight.