The Bank of England will impose “temporary” limits on stablecoin holdings of £10,000-£20,000 for individuals and £10 million for businesses but has not specified an end date, as Deputy Governor Sarah Breeden confirmed while global stablecoin market exceeds $300 billion and sterling-pegged tokens remain below $580,000.
The post Bank of England Promises ‘Temporary’ Stablecoin Caps – But Sets No End Date appeared first on Cryptonews. …
Month: October 2025
S Korea tycoon escapes paying $1bn in ‘divorce of the century’
The high court has struck down an order for Chey Tae-won to pay a record divorce settlement to his ex-wife.
China sacks officials over viral Arc’teryx fireworks show in Tibet
Videos of fireworks resembling a “rising dragon” erupting over Himalayan foothills had drawn backlash.
Titan submersible imploded due to poor engineering, say US officials
The submersible disappeared from sensors on its journey to the wreck of the Titanic, killing all five people on board.
Andrew believed having sex with me was his birthright, Giuffre claimed in memoir
Virginia Giuffre, who took her life earlier this year, gives her account of meeting Prince Andrew.
‘I can’t afford to save both twins’: Sudan’s war left one mother with an impossible choice
The destruction and hunger that Sudan’s war has brought leaves parents with some impossible choices.
Russia intensifies attacks on Ukraine’s trains in ‘battle for the railways’
In the last two months, Russia has hugely upped its attacks on Ukraine’s trains and rail network.
Peter Thiel’s Erebor Bank Gets OCC Approval as Washington Softens Stance on Crypto-Linked Banking
The Erebor Bank OCC approval provides a preliminary charter for Peter Thiel’s new venture, which will focus on the innovation economy, including crypto and AI, filling a gap left by collapsed lenders.
The post Peter Thiel’s Erebor Bank Gets OCC Approval as Washington Softens Stance on Crypto-Linked Banking appeared first on Cryptonews. …
Bitcoin Price Prediction: Is a $130,000 Q4 Breakout Closer Than You Think?
Massive DOJ seizure, $1.3B wallet move, and 401(k) bill fuel bullish rebound — Bitcoin price prediction eyes $130K breakout.
The post Bitcoin Price Prediction: Is a $130,000 Q4 Breakout Closer Than You Think? appeared first on Cryptonews. …
Paxos Accidentally Minted $300 Trillion of PayPal’s Stablecoin — Then Burned It
Paxos mistakenly minted $300 trillion of PayPal’s PYUSD stablecoin before quickly burning the excess, marking one of the largest on-chain errors recorded.
The post Paxos Accidentally Minted $300 Trillion of PayPal’s Stablecoin — Then Burned It appeared first on Cryptonews. …