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Coinbase urges Treasury to narrow GENIUS Act rules
Coinbase Global Inc. (NASDAQ: COIN) on Wednesday, Nov. 5, 2025, urged the U.S. Treasury Department to keep upcoming GENIUS Act rules narrow, exclude non‑financial software, blockchain validators and open‑source protocols, and limit the law's interest ban to stablecoin issuers. Lummis backs open banking to curb bank ‘de‑platforming’ of crypto
Senator Cynthia Lummis has put the Consumer Financial Protection Bureau on the clock. In a letter to Acting Director Russ Vought, she voiced “strong support” for the bureau’s open‑banking rule and pressed for quick action after the comment window closed. 
Beijing vows to fight to the end as markets brace for fallout
China is mixing tough talk with diplomacy, warning it will “fight to the end” while leaving the door open for talks to protect its economy. This stance accelerates the world’s drift into competing economic blocs and alters the rules of trade, capital flows and investor behavior. Hyperliquid launches ‘Based Streams’ live platform
Hyperliquid just added livestreaming. Not for gaming or vlogs – for watching traders open positions in real time while you tip them in tokens. Streamers can go live, talk with viewers, show their on‑chain trading activity and receive tokenized tips through Hypercore. 
Vitalik Buterin calls for building open digital infrastructure
Ethereum co-founder Vitalik Buterin has called for the creation of digital infrastructure built on openness and verifiability. In an essay published on Sept. 24, Buterin warned that closed systems lead to abuse, monopolies, and the erosion of public trust. 
Crypto lobby to Senate: protect developers or we walk
More than 100 crypto groups delivered an ultimatum to Senate Banking and Agriculture: pass market-structure legislation that explicitly shields open-source developers and non-custodial tools – or lose industry backing. With the House’s CLARITY Act passed and Senate votes targeted by Sept. 30, definitions now will decide whether builders stay onshore. CFTC kicks off next Crypto Sprint, public input open until Oct 20
The U.S. Commodity Futures Trading Commission (CFTC) launched the next stage of its Crypto Sprint and opened public comment through Oct. 20, focusing on spot trading on CFTC‑registered exchanges and retail leverage rules aligned with the White House roadmap. 
Bond data gets cleaner in Europe, crypto’s RWA play gets a lift
Europe is about to put far more bond trading in the open: new UK and EU rules expand real‑time post‑trade disclosures and set up consolidated “tapes” that pool prints across venues. That shift pushes electronification forward and opens a clearer runway for on‑chain fixed‑income. Tether open-sources wallet kit for developers & AI
Tether, the world’s largest digital asset company, has released its open-source Wallet Development Kit (WDK) – a modular software framework that allows developers, organizations, and even AI systems to build self-custodial wallets capable of running across multiple blockchains and platforms. Paolo Ardoino: Wallet Development Kit to be released this week
Tether will release its Wallet Development Kit this week as fully open-source software, CEO Paolo Ardoino announced on X. The release includes starter wallets for iOS and Android to demonstrate how developers can build self-custodial digital asset wallets. 
CZ’s YZi Labs may open $10bn portfolio to outside investors
YZi Labs, the $10bn investment firm that manages capital for Binance co‑founder Changpeng “CZ” Zhao and a small group of early executives, is considering opening to outside investors, Ella Zhang told the Financial Times. Spun out of Binance in January, the San‑Francisco‑based group backs crypto, AI and biotech. 
UK adults eye crypto for retirement plans despite risks – survey
More than a quarter of UK adults would consider adding cryptocurrency to their retirement planning, according to new research from insurer Aviva. The survey found 27% are open to including digital assets in their retirement portfolios, while 23% would withdraw part or all of their existing pension savings to invest in crypto. 