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Here’s what happened in crypto today

Today in crypto, the UK Financial Conduct Authority (FCA) is set to lift a ban on crypto exchange-traded notes (ETNs) for retail investors, effective October 8. This regulatory change may enhance consumer protections and provide retail access to blockchain assets through recognized investment exchanges. Companies like BlackRock and Bitwise are expressing optimism about the potential for retail trading. Additionally, Samsung has partnered with Coinbase, making the Coinbase One subscription available to about 75 million Galaxy smartphone users in the U.S., allowing them to buy crypto directly from the Samsung Wallet, which could drive mainstream adoption. Meanwhile, a vulnerability in the Unity gaming platform poses risks to Android-based crypto wallets, with fixes being rolled out for affected developers. Google confirmed awareness of the issue and urged developers to update their applications promptly.

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Ripple Cryptographer: XRP Ledger ‘Uniquely Positioned’ for Trillions in On-Chain Assets

Ripple engineer J. Ayo Akinyele is working to make the XRP Ledger (XRPL) the go-to choice for institutions by focusing on privacy, compliance, and trust within its protocol. He emphasizes the importance of confidentiality in finance while discussing the need for transparency in public blockchains. Akinyele advocates for ‘programmable privacy’

Bitcoin chases new highs as crypto market cap crosses $4.21T

Bitcoin has surged 14% in a week, nearing $124,000 amid a US government shutdown. Key factors include a $1.6 billion increase in on-chain buying and a significant Coinbase premium gap of $92, indicating strong US demand. Analysts are watching for resistance near $130,000, with potential price discovery

Coinbase Applies for National Trust Charter for Federal Oversight

Coinbase has applied for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), which would place the firm under federal regulatory oversight if granted. This charter will enable Coinbase to expand its existing custody services by introducing new financial offerings such as payments

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