Crypto Breaking News

Stand With Crypto EU said more than 50,000 Europeans have submitted responses supporting looser stablecoin reward rules.

Shriya Samarth, head of EMEA rates at StoneX Financial, discusses France's fiscal situation and the spread between French and German bond yields. The global bond rout has hit harder and faster in France amid concern about missed deficit targets, policy gridlock and presidential elections next year. "There's a lot of different risks mingling here, and the fact that the spread blew out so quickly is definitely concerning," Samarth tells Bloomberg Television.

As global government bonds wrapped up their worst quarter since 2024 due to higher oil prices and the threat of sticky inflation for the world economy, France is facing a particularly tricky trajectory. OAT-Bund spreads widened sharply as an increasingly fragmented government unveiled plans to narrow the nation's budget deficit, stoking investor concern over the country's debts. The Opening Trade spoke to guests about the economic outlook and investment landscape for France as the nation grapples with growing global and domestic pressures on it's finances.

PIMCO President Christian Stracke examines the forces driving the global bond selloff, the yield levels that could threaten equity markets, and whether investors are underestimating the extent of policy tightening still ahead. He speaks with Paul Allen on "Insight with Haslinda Amin."

Nvidia's artificial intelligence chips keep making their way to China despite US curbs. Government officials are asking why the company missed red flags, saying Washington's export controls have spawned a sprawling shadow trade. The company hasn't been accused of violating controls or willfully aiding smugglers, and said it abides by the rules. Bloomberg's Edwin Chan reports.

EU officials are questioning Binance over its continued EU operations despite a wind-down order, according to a report by the Financial Times.

The Securities and Exchange Commission proposed rules for crypto custody affecting investment advisers and regulated funds on October 1.

New York and Wyoming regulators have signed an MOU to coordinate virtual currency and digital asset oversight.

Armada Acquisition Corp. II shareholders approved the business combination with Evernorth Holdings Inc. on September 30.

NEAR Intents has halted services after an exploit caused preliminary losses of about $3.8 million.

Illinois officials and industry groups have agreed to seek a six-month delay for the Digital Asset Tax.

Ethereum (ETH) developers have withdrawn EIP-8363 from consideration for the Hegota upgrade.