Canada's Budget 2025 announces stablecoin legislation mandating 1:1 reserves and Bank of Canada oversight, praised by crypto groups for fostering innovation and payments competition.
U.S. government shutdown hits record 36 days, delaying crypto market structure bill to 2026 despite Trump's push for 2025 passage, as furloughs hinder legislative progress.
Bitcoin Cash surges to $491.80, fueled by European session buying after breaking $487 resistance, with analysts eyeing $500 amid broader crypto rebound.
Market Updates
Robinhood's Q3 crypto trading revenue surges 339% to $268M with $80B volume, driving earnings beat despite 2% after-hours share dip.
Ripple announces pilot at Swell 2025 to use RLUSD stablecoin for near-instant Mastercard credit card settlements on XRP Ledger, partnering with Gemini and WebBank to revolutionize fiat payments.
Citi and DTCC affirm tokenized collateral enables live 24/7 cross-border transactions, urging regulators to harmonize standards for interoperability and scaling.
Paradigm leads $6M seed for Harmonic to build open block system, enabling Solana validators to source blocks from multiple builders in real-time for Nasdaq-level speeds.
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