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🚨 UPDATE: Zcash sets its Network Upgrade 7 to go live on mainnet at block 3,543,405, expected around Nov. 5.

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🇬🇧 OPINION: The UK wants to lead in crypto, but its 2027 rules could shut regulated firms out of DeFi altogether.

Coinbase's Katie Harries argues the rules risk effectively banning regulated access to DeFi, pushing users elsewhere beyond the FCA's reach.

Read: https://ct.com/opinion/uk-crypto-rules-regulated-defi-access

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🚨 JUST IN: Fireblocks disputes Axios’ report of $2.5B Visa acquisition talks.

“This is news to us, and not true at present time,” the company told Cointelegraph.

Visa declined to comment on rumors or speculation.

Read more:

https://ct.com/news/fireblocks-disputes-report-of-25b-visa-acquisition-talks

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🇺🇸 BIG: Morgan Stanley, Bank of America, JPMorgan and Wells Fargo are among US banks racing to contain risks from unauthorized AI agents in customer accounts, Axios reports.

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🇮🇷 JUST IN: Trump accuses Iran of fabricating attacks to drive up oil prices ahead of the U.S. midterm elections, reiterating that it must never obtain a nuclear weapon.

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🚨 JUST IN: A new lawsuit accuses Trump and World Liberty Financial of illegally profiting from more than $2 billion in UAE-linked crypto deals.

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🇺🇸 JUST IN: The US Treasury proposes a rule to restrict American investments in AI, supercomputing, and other high-tech sectors in China, Russia, and other “countries of concern.”

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⚡️ NOW: CZ says AI hacking fears around crypto are overblown since the internet and banking run on weaker encryption, but warns:

“AI doesn’t need to break Bitcoin’s cryptography to cause damage, leaked data already enables more phishing, social engineering, etc.”

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🇭🇰 LATEST: HSBC begins rolling out its Hong Kong dollar-backed stablecoin RedCoin to over 3.3 million PayMe users, SCMP reports.

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🇺🇸 JUST IN: Trump’s UN envoy Mike Waltz says the US is ready for a prolonged standoff with Iran and can keep its blockade on Iranian ports for the foreseeable future, per FT.

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🇦🇪 JUST IN: UAE-led operation identifies over $39B in scam-linked funds and crypto, leading to more than 960 arrests across 30 countries.

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🇺🇸 JUST IN: The SEC announces fiscal 2027 examination priorities.

• Tokenization risks
• AI and emerging tech
• Cybersecurity
• Investor protection
• Private funds and credit
• AML compliance

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