EU ministers back central supervision for a handful of crypto firms
EU finance ministers agreed a negotiating position on 9 October. It is not law, and the Council has not said which crypto firms would be covered.
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Leading today: Janus Henderson’s new Nasdaq-100 token isn’t open to UK buyers. Every story we publish, newest first.
Blur closes its NFT marketplace website after volumes fell 99%
Blur's website closes on 12 November after monthly volume fell from about $1.43bn to under $7m. The contracts stay onchain. The order book may not.
A stablecoin can be fully backed and still break for a weekend
The FSB says cross-border stablecoin structures could strand reserves in one country while redemptions pile up in another. What a UK holder can check.
Ledger halts a reseller’s sales after buyers reported losses
Ledger has paused a listed reseller covering Malaysia, Indonesia and the Philippines, and told buyers from the last 90 days not to initialise devices.
Ledger says a drained device contained a hardware implant
Ledger says the device belonging to a user who lost funds had been physically modified before delivery. The reseller has now halted all wallet sales.
Crypto fraudsters ordered to repay £851,000 of the £1.5m taken
Southwark Crown Court ordered Bedi and Mavanga to pay £851,402 between them. Investors in the fake crypto scheme lost £1,541,799 in total.
Coldcard says a phishing post appeared on its own X account
Coldcard says a phishing link posted from its official X account led to a fake migration site built to collect wallet recovery phrases.
Polkadot’s governance voted in a stablecoin backed by Tether
dotUSD was approved by DOT holders, not launched by a company. Supply is around 2.77 million tokens and the backing is Tether's USDT, not DOT.
UK crypto firms can now apply for FCA authorisation
Applications opened today. The regime doesn't start until 25 October 2027, firms have until 28 February 2027 to file, and nobody is authorised yet.
French committee votes to tax stablecoin swaps, then rejects the budget
A French committee backed taxing crypto-to-stablecoin swaps, then rejected the budget section holding it. In the UK, that swap is already taxable.