EU watchdog pushes for stablecoin ban: Report

Stripe has launched a new tool called 'Open Issuance' that allows companies to create and manage their own stablecoins with minimal coding. This innovation is significant as it simplifies the process of entering the cryptocurrency space, making it more accessible for businesses to leverage digital currencies and enhance their financial operations.

Robinhood is looking to expand its successful prediction markets into the UK and EU, which could significantly enhance its market presence and offer new opportunities for users. This move is exciting as it reflects the company's growth and ambition to tap into international markets, although it does face some regulatory questions regarding classification. The expansion could lead to increased competition and innovation in the financial sector.

The European Central Bank (ECB) is advocating for stricter regulations on multi-issuance stablecoins to mitigate financial risks and close regulatory gaps. This move is significant as it aims to enhance the stability of the financial system and protect consumers, especially in a rapidly evolving digital currency landscape. By addressing these concerns, the ECB is taking proactive steps to ensure that the benefits of stablecoins do not come at the expense of financial security.

In September, Strategy has made smaller Bitcoin purchases, but the overall trend is positive as the number of crypto millionaires approaches 250,000. This indicates a growing interest and investment in cryptocurrency, highlighting the resilience and potential of the market despite fluctuations. The increase in stablecoins crossing $295 billion also reflects a strong demand for digital assets, making this a significant month for the crypto community.

Visa is taking a significant step in the world of finance by launching a pilot program for stablecoin prefunding, aimed at making cross-border payments faster and more efficient. This move highlights the growing acceptance of stablecoins in mainstream finance, which could revolutionize how businesses handle international transactions. By leveraging stablecoins, Visa Direct is not only enhancing the speed of money transfers but also potentially reducing costs, making it a game-changer for global commerce.

Visa is taking a significant step in the financial world by piloting pre-funded stablecoins for cross-border payments. This initiative could streamline international transactions, making them faster and more efficient. By leveraging stablecoins, Visa aims to reduce costs and enhance the overall payment experience for businesses and consumers alike. This move not only highlights the growing acceptance of digital currencies but also positions Visa as a leader in the evolving landscape of global finance.

Deutsche Börse and Circle are teaming up to integrate stablecoins into the European market infrastructure, marking a significant step towards modernizing financial transactions in Europe. This collaboration is important as it aims to enhance efficiency and accessibility in the financial sector, potentially attracting more investors and fostering innovation in digital currencies.

As we approach the end of 2025, the convergence of policy changes from the Federal Reserve, US market regulators, and global financial institutions is creating a promising landscape for crypto investors. With interest rates shifting, regulatory frameworks harmonizing, and new ETFs and stablecoins on the horizon, this period could offer exciting opportunities for both traditional and crypto markets. Understanding these dynamics is crucial for investors looking to navigate this evolving environment.

In 2025, Digital Asset Treasuries (DATs) are set to become the standard for corporate cryptocurrency, driven by the resurgence of institutional custodians and the introduction of spot Bitcoin and Ethereum ETFs. This shift is significant as it indicates a growing acceptance of digital assets in mainstream finance. Additionally, HTX is enhancing fiat on-ramps, making it easier for businesses to engage with cryptocurrencies. The rise of stablecoins for payments further underscores the evolving landscape of digital finance, highlighting the increasing integration of crypto into everyday transactions.

SWIFT is set to launch its own blockchain to enhance the speed of global bank transactions, a move seen as a strategic response to the growing influence of stablecoins. This initiative is significant as it aims to streamline cross-border payments, making them faster and more efficient, which could reshape the financial landscape and improve the overall banking experience for customers worldwide.

The article emphasizes that for stablecoins to gain traction among retail merchants, they must operate seamlessly without drawing attention to themselves. Merchants prioritize fast, reliable, and low-cost payment solutions over the hype surrounding cryptocurrency. This insight is crucial as it highlights the need for stablecoins to evolve into practical tools that enhance transaction efficiency, ultimately benefiting both businesses and consumers.

Africa is emerging as a leader in the cryptocurrency space, showcasing how stablecoins and innovative financial solutions are reshaping the continent's economy. This shift is significant because it highlights Africa's unique position as a proving ground for real-world adoption of digital currencies, setting a precedent for other regions to follow.

Pavel Durov, the CEO of Telegram, recently shared that his substantial investment in Bitcoin back in 2013 has been a key factor in supporting his lifestyle. He purchased thousands of Bitcoins when they were priced at $700 each, and this decision has proven to be financially beneficial for him. This revelation highlights the potential of cryptocurrency investments and how they can significantly impact personal finances, especially for tech entrepreneurs like Durov.

The New York regulator has clarified its rules regarding sub-custodians and the segregation of customer assets, which is a significant step for the financial industry. This clarification aims to enhance transparency and protect customer funds, ensuring that they are kept separate from the assets of the custodians. This move is crucial as it builds trust among investors and strengthens the overall integrity of the financial system, especially in a time when regulatory scrutiny is increasing.

The SEC's Division of Investment Management has indicated a positive stance towards financial advisers using state trust companies as crypto custodians, stating they won't recommend any action against them. This is significant as it opens the door for more secure and regulated handling of cryptocurrencies, potentially boosting confidence among investors and encouraging wider adoption of digital assets.

The SEC and CFTC have reached a significant agreement to collaborate on regulating the crypto industry, marking a shift from their previous conflicts over jurisdiction. This cooperation aims to clarify regulatory responsibilities and enhance oversight, which is crucial for fostering a more stable and transparent crypto market. By working together, these agencies hope to address the ongoing confusion and create a more cohesive regulatory framework that benefits both investors and the industry.

The European Central Bank is making strides towards banning multi-issuance stablecoins in the EU, following recommendations from the European Systemic Risk Board. This crackdown is significant as it aims to protect the financial integrity of Europe, reflecting growing concerns over the stability and regulation of digital currencies. As the ECB pushes for this ban, it highlights the ongoing tension between innovation in the financial sector and the need for regulatory oversight.

Cardano (ADA) is currently trading between $0.78 and $0.80, facing resistance around $0.83 to $0.85. Despite this struggle, there's a strong sentiment in the market with a 91% to 95% chance of a U.S. Cardano spot ETF approval expected by late October 2025. This potential approval could significantly impact ADA's price and market stability, especially after a decline in September. Investors are watching closely, as institutional access could lead to a more bullish outlook for Cardano.