Strategy Spends $176M on STRC Buybacks, Six Times Its Bitcoin Purchase Budget
Summary: Michael Saylor’s Strategy repurchased $176.3 million in STRC preferred stock last week, spending six times more than its $28.7 million Bitcoin acquisition.
Summary: Michael Saylor’s Strategy repurchased $176.3 million in STRC preferred stock last week, spending six times more than its $28.7 million Bitcoin acquisition.
Summary: Nine suspects, including two Greek servicemen, face magistrate hearings over an alleged cryptocurrency pyramid scheme that collected about $8 million from roughly 10,000 investors.
Summary: The Basel Committee reports that three-quarters of member jurisdictions have published rules for final Basel III standards, with nearly all requiring bank compliance by April 2027.
Summary: Greenfield Capital filed a supervisory complaint with Switzerland’s foundation watchdog, alleging governance failures and seeking board changes at the Safe Ecosystem Foundation.
Summary: The OKXICE joint venture notified the SEC of its intent to launch a tokenized securities venue featuring over 60 US-listed companies.
Summary: Pretty Good Policy for Zcash registered as a lobbying entity effective Oct. 1, targeting the Digital Asset Market Clarity Act and digital asset tax proposals.
Summary: President Trump appointed former SEC Chair Jay Clayton to lead the new Super Intelligence Force, while trader Peter Brandt raised his Bitcoin peak forecast to $600,000.
Summary: President Trump appointed former SEC Chair Jay Clayton to lead a new federal AI task force, leveraging his regulatory background despite his history of suing crypto firms.
Summary: The Independent Community Bankers of America filed a lawsuit challenging the OCC's authority to grant national trust bank charters to crypto firms.
Summary: Surveys reveal nearly half of online betting activity comes from Gen Z, prompting experts to warn about financial losses and addiction risks.
Summary: Japan added Russian crypto exchange Garantex to its asset-freeze list, joining 33 other organizations and nine individuals in expanded sanctions targeting Moscow's war efforts.
Summary: The IMF approved a $138 million disbursement to El Salvador, granting waivers for missed performance criteria related to Bitcoin accumulation based on corrective measures.
Summary: The Russian Ministry of Finance confirmed that some employees received wages in digital rubles, following voluntary rollout starting October 1.
Summary: Chainalysis attributed the September 24 Bitget exchange breach to North Korean actors, noting that AI tools accelerated the tracing of funds across multiple blockchains.
Summary: The Independent Community Bankers of America filed a lawsuit claiming the OCC exceeded its authority by granting national trust charters to cryptocurrency firms.
Summary: The Ethereum Foundation and Open Anonymity Project launched zkAPI on mainnet, allowing users to pay for AI services with USDC while keeping their identity separate from their prompts.
Summary: The Federal Reserve Board extended the comment period for its proposal to modernize Regulation O until November 4, originally set to close on October 5.
Summary: Circle submitted recommendations to the European Commission arguing that current MiCA reserve rules increase credit risk and exclude major global stablecoins.
Summary: South Africa’s Absa has become the first African lender to offer Bitcoin custody services, primarily targeting institutional clients while also supporting other digital assets.
Summary: European issuers including AllUnity and Stable Mint launched MiCA-regulated US dollar stablecoins, arguing that euro-only options fail to meet global business liquidity demands.