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Blockonomi

Cryptocurrency News & Your Guide to the Blockchain Economy


10/27/2026 10:44 AM

Canada Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield

TLDR Canada published draft stablecoin rules on October 24 that require one-to-one reserves held by Canadian custodians. Holders could redeem coins within three business days, with fees capped at 1%. Issuers could not pay interest for holding a coin, but rewards tied to using a coin would be allowed. The Bank of Canada would supervise [...]

The post Canada Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield appeared first on Blockonomi.


10/27/2026 10:38 AM

XRP Investors Must Wait Longer as Leveraged ETF Launch Slips to November 30

TLDR GraniteShares filed an amendment with the SEC on October 26 to delay its leveraged XRP ETFs until November 30, 2026. The filing covers the 3x Long and 3x Short XRP Daily ETFs, plus leveraged Bitcoin, Ethereum, and Solana funds. The amendment gives no reason for the delay and does not mention the US midterm [...]

The post XRP Investors Must Wait Longer as Leveraged ETF Launch Slips to November 30 appeared first on Blockonomi.


10/27/2026 10:35 AM

Fake Crypto Wallets Could Pass Checks After Keystone Hack

TLDR Hackers who breached Keystone’s website also stole a key used to verify its hardware wallets as genuine. The stolen key could let attackers make fake wallets that pass Keystone’s authenticity checks. Keystone will destroy 18,835 devices with the compromised key and has paused shipments. Up to 25,964 buyer records from 2024 to 2026 may [...]

The post Fake Crypto Wallets Could Pass Checks After Keystone Hack appeared first on Blockonomi.


10/27/2026 10:33 AM

Spain Continues Money Laundering Probe Into Arbistar Bitcoin Wallets

TLDR Wallets tied to Arbistar moved more than 20,000 bitcoin between January and March 2021. The transfers were worth over $1.1 billion at the time and about $1.6 billion today. About 881 bitcoin was sent to outside wallets as the platform collapsed in September 2020. Arbistar affected up to 32,000 investors and promised weekly returns [...]

The post Spain Continues Money Laundering Probe Into Arbistar Bitcoin Wallets appeared first on Blockonomi.


10/27/2026 10:30 AM

Solana Cuts Block Time to 0.21 Seconds With No Network Outage

TLDR Solana cut its block time from 0.42 seconds to 0.21 seconds in four steps between Aug. 21 and Oct. 9. The network had no halts in the 361 days checked, and skipped blocks fell from 0.23% to 0.05% of slots. A typical swap still costs about a tenth of a cent in network fees. [...]

The post Solana Cuts Block Time to 0.21 Seconds With No Network Outage appeared first on Blockonomi.


10/27/2026 10:24 AM

Ripple Gets Final OCC Approval for National Trust Bank

TLDR Ripple has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) for Ripple National Trust Bank. The process began with conditional approval on December 12, 2025. The bank will manage RLUSD’s segregated reserves, act as collateral trustee, and offer digital asset custody. RLUSD will still be issued by Standard [...]

The post Ripple Gets Final OCC Approval for National Trust Bank appeared first on Blockonomi.


10/27/2026 10:22 AM

South Korea Crypto Tax Plan Could Cost Upbit Billions of Won Each Year

TLDR South Korea is considering an education tax on crypto exchanges if they are reclassified as financial businesses under the Digital Asset Basic Act. Upbit operator Dunamu could owe about 10.2 billion won a year, while Bithumb could owe about 3.2 billion won. The tax is based on revenue, not profit, at 0.5% up to [...]

The post South Korea Crypto Tax Plan Could Cost Upbit Billions of Won Each Year appeared first on Blockonomi.


10/27/2026 10:18 AM

BlackRock Japan Explores Yen Stablecoin JPYSC With SBI and Startale

TLDR BlackRock signed a memorandum of understanding with SBI Holdings and Startale Group. The companies will explore linking tokenized money market funds with SBI’s yen-pegged stablecoin JPYSC. The work will cover technology, distribution, and regulation and market development. JPYSC launched in June as Japan’s first trust bank-backed yen stablecoin. The firms may bring in more [...]

The post BlackRock Japan Explores Yen Stablecoin JPYSC With SBI and Startale appeared first on Blockonomi.


10/27/2026 10:15 AM

Circle Stock Falls 7% as Mizuho Flags AI Threat to USDC Stablecoin

TLDR Mizuho cut its price target on Circle to $43 from $45 and kept an Underperform rating. The bank sees a 10% to 20% medium-term risk to Circle’s reserve revenue from AI agents. AI agents may steer USDC holders toward higher-yielding fiat products or other platforms. Faster AI adoption could shrink USDC’s market cap by [...]

The post Circle Stock Falls 7% as Mizuho Flags AI Threat to USDC Stablecoin appeared first on Blockonomi.


10/27/2026 10:13 AM

Zcash Developer Funding Fuels a Decade of Innovation, Says Grayscale

TLDR: Zcash allocates 20% of block rewards to the Dev Fund, while miners receive the remaining 80% of ZEC. Grayscale’s Zach Pandl says most blockchains depend on venture capital or other private funding. Zcash added the Sprout, Sapling, Orchard and Ironwood privacy pools, each backed by protocol funding. The 2026 Ironwood pool added quantum-recoverable addresses [...]

The post Zcash Developer Funding Fuels a Decade of Innovation, Says Grayscale appeared first on Blockonomi.



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