Bitcoin reaches for $87K as short liquidations top $120M

Bitcoin buyers broke through a wall of ask liquidity to reach new October BTC price highs near $87,800, with the area immediately above now a new resistance hurdle. Bitcoin (BTC) neared $87,000 on Friday as BTC short liquidations topped $120 million over 24 hours. Key points: Data from TradingView showed BTC/USD reaching $86,857 on Bitstamp…

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South Korea advances tokenized securities rules ahead of 2027 rollout

South Korea’s financial regulator proposed detailed rules for tokenized securities, including capital requirements, OTC trading licenses and retail investment limits. South Korea’s Financial Services Commission has proposed detailed regulations for issuing and trading tokenized securities as the country’s regulatory framework is set to take effect in February 2027. The changes would allow stocks, bonds, funds…

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China warns foreign spies about crypto, Singapore dominates Asia: Asia Express

Singapore’s crypto economy grows 55%, South Korea set to make crypto market makers legal, and Chinese spy ministry warns would-be foreign spies it’s watching the blockchain. CHINA China’s Ministry of State Security has toughened its rhetoric on the risks of cryptocurrencies, highlighting their role in crime and stressing transactions are not really anonymous. According to the…

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50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review

A 50,000-letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules. More than 50,000 Europeans have urged the European Commission to loosen restrictions on stablecoin rewards as part of its review of the bloc’s Markets in Crypto-Assets (MiCA) framework, according to crypto advocacy group Stand…

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New York, Wyoming regulators sign pact to coordinate crypto oversight 

The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement actions involving digital asset firms. New York and Wyoming financial regulators have signed an agreement to coordinate oversight of crypto companies operating across both states, including licensing, examinations and potential enforcement actions. The Memorandum of…

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