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In brief France’s National Assembly adopted a budget amendment by one vote that would treat swaps from crypto into MiCA-regulated stablecoins as taxable sales from 2027. Only 100 deputies took part, with 38 voting for, 37 against and 25 abstaining, reviving a measure that fell with the finance committee’s rejected budget text. The amendment still faces the rest of the budget process, as a separate proposal to make holders report wallets over €100,000 faces a backlash from the crypto industry. French lawmakers voted by a single-vote margin on Friday to make swapping cryptocurrency for stablecoins a taxable event, according to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Cardano founder Charles Hoskinson says he is personally developing a programming language that combines transaction intents, proof-carrying data and Groth16 proofs. Charles Hoskinson is returning to the keyboard. The Cardano founder says he is working directly on a new programming language with Input Output Global engineer Lucas Rosa, aimed at making complex blockchain actions easier to express and verify. His description brings together three ideas. Transaction intents describe what a user wants to achieve without forcing them to specify every execution step. Proof-carrying data attaches evidence…
In brief Mt. Gox’s rehabilitation trustee has moved the defunct exchange’s repayment deadline to October 31, 2027, with the permission of a Tokyo court. Trustee Nobuaki Kobayashi said many creditors have not completed the procedures needed to receive repayments, while others ran into problems. Wallets linked to Mt. Gox still hold about 34,388 BTC, worth roughly $2.8 billion, according to blockchain analytics firm Arkham. Mt. Gox’s rehabilitation trustee has pushed back the deadline for repaying creditors of the defunct crypto exchange by another year, to October 31, 2027, according to a notice dated Friday.Trustee Nobuaki Kobayashi said the base, early…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP Ledger validators are advancing a maintenance amendment while the network’s proposed native lending features face a more complicated path through governance. TL;DR: The fixCleanup3_4_0 amendment has cleared the 80% support threshold in recent validator snapshots, beginning the sustained-consensus period required for activation. The separate lending amendments have not reached the same level. The cleanup package addresses technical issues around several XRPL features, including vault and lending-related logic. That may sound routine, but enabling complex financial functions directly in a blockchain’s rules creates little room for improvisation…
In brief JPMorgan launched JPM Coin on Ethereum for institutional clients, which can redeem the token for dollars at any time; it first launched on Coinbase’s Base network in November 2025. The bank expects crypto firms to use the token for payments and financial institutions to use it to settle trades and post collateral, with only vetted counterparties allowed to hold it. Kinexys has handled over $4 trillion in transactions and about $7 billion a day, versus roughly $12 trillion a day across JPMorgan’s payments business. JPMorgan Chase is putting JPM Coin on Ethereum, which gives its biggest clients a…
In brief DHS directed U.S. civilian agencies on Monday to remove DeepSeek products and third-party services built on the model from their IT systems, and barred new purchases. The notice says DeepSeek use “may result in the transfer of sensitive data to the PRC” and could produce intelligence on U.S. persons and agencies. The Commerce Department, the Navy, New York, Tennessee and Virginia had already restricted DeepSeek; the FCC votes October 29 on barring Chinese labs from testing electronics for U.S. use. The U.S. Department of Homeland Security ordered civilian government agencies on Monday to remove DeepSeek, China’s best-known AI…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An unusual piece of cryptography history has gained an answer. Anthropic says Claude reconstructed how the original seed values behind several widely used NIST elliptic curves were generated, resolving a question that had attracted suspicion for more than two decades. TL;DR: Claude identified a process involving the C library’s lrand48 generator and Unix timestamps. Anthropic stresses that the research does not reveal an attack on P-256 or other affected curves. The seeds have mattered because the standards published their values without a convincing public account of how…
In brief Nine issuers have objected to trading of their shares on OKXICE TSV, the planned tokenized stock venue from OKX and NYSE owner ICE, according to an Oct. 15 public notice. Nasdaq has said it will opt its own shares out of the SEC’s innovation exemption, citing concerns about real-time pricing and trade reporting. The notice says OKXICE isn’t registered with the SEC or subject to Regulation NMS. It doesn’t say whether the objections will keep those stocks off the platform. Wall Street’s push to put stocks onchain is running into an unexpected obstacle: the companies behind the stocks.Nine…
In brief XRP Ledger developers are patching its new lending protocol before it goes live, adding a follow-up amendment to fix the original LendingProtocol code while it’s still in the network’s voting queue. The protocol enables on-chain, fixed-term, uncollateralized loans using pooled funds and “first-loss capital” to absorb defaults, relying on off-chain underwriting rather than automated collateral; amendments need 80% validator support over two weeks to activate. The pre-launch fix follows a recent near-miss when developers patched a dormant payment-engine bug that could have minted counterfeit XRP. The XRP Ledger is patching its new lending feature before a single loan…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Addresses associated by on-chain analysts with miner MARA Holdings have sent approximately 1,000 BTC to Binance and Gate over five days, putting the company’s treasury movements back in focus. TL;DR: Lookonchain-linked analysis values the transfers at about $82.8 million. Exchange deposits can precede selling, but the transfers do not establish that MARA sold the coins. The timing comes during a difficult period for mining economics, with companies balancing Bitcoin holdings against operating costs and competing investment demands. MARA has previously been watched closely because of the size…
In brief Anthropic will commit 5% of its shares to a new Public Benefit Fund, subject to stockholder approval, and says roughly 20% of its stock will go to public causes once co-founder and employee pledges are counted. Elon Musk responded by promising one SpaceX share to every child in the United States next year, a giveaway worth more than $10 billion at current prices. The fund follows a draft AI safety bill Anthropic pitched to lawmakers days earlier, which would let the government block models that risk killing or injuring more than 50 people or causing over $1 billion…
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