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Visa launches stablecoin pilot, SEC addresses DePIN tokens, Kazakhstan introduces crypto fund

Today in crypto, Visa announced the launch of a stablecoin pilot designed to facilitate real-time cross-border payments using USDC and EURC. This initiative aims to modernize payment systems, allowing banks and financial institutions to optimize liquidity without needing significant capital reserves. The US Securities and Exchange Commission (SEC) issued a rare no-action letter indicating it would not enforce security regulations on tokens related to Decentralized Physical Infrastructure Networks (DePIN). This move, welcomed by industry stakeholders, signifies the SEC's broader focus on regulating securities rather than all economic activities. Meanwhile, Kazakhstan launched its first state-backed crypto reserve in collaboration with Binance, initiating the Alem Crypto Fund with BNB. This fund aims to make long-term investments in digital assets, reflecting Kazakhstan's ongoing commitment to developing its crypto regulatory framework and partnerships with major players like Binance.

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Bitcoin’s rare September gains defy history: Data predicts 50% Q4 rally to $170K

Bitcoin is projected to close September with a 4.50% gain, defying historical trends and suggesting the potential for significant rallies in Q4. Previous instances of a positive September have led to average Q4 returns of over 53%. The data indicates that October often acts as the launching point for

Turkey Moves to Expand Watchdog Powers Over Crypto, Bank Accounts

Turkey is drafting legislation to enhance its financial intelligence unit, Masak, enabling it to freeze bank and crypto accounts associated with suspected criminal activities. This proposed bill would allow Masak to shut down accounts, limit transaction amounts, and blacklist crypto wallet addresses across financial institutions and exchanges. The measures aim

Bitcoin’s rare September gains defy history: Data predicts 50% Q4 rally to $170K

Bitcoin is on track to close September with a 4.50% gain, positioning it for a historically strong Q4. Previous years with a positive September monthly close, like 2015, 2016, 2023, and 2024, have seen Q4 average returns exceeding 53%. Specifically, past data indicates that October often serves as a

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