Crypto News

Ethereum developers merged a Glamsterdam validator deposit fix on Oct. 26 after reversing an earlier decision to reject it. The protocol change addresses a flaw in Gloas, Glamsterdam’s consensus-layer upgrade: if a pending builder deposit and validator deposit used the same public key, funds intended for a validator could have been credited to the builder. The fix checks withdrawal credentials to keep the deposits separate and applies to deposits still pending when Gloas activates. Lido Chief Protocol Architect George Avsetsin reported the issue. Potential effects on Lido, Origin and Rocket Pool contracts were conditional findings, not confirmed exploits or losses. The fix was initially closed on Oct. 19 over limited client support, then reopened after Glamsterdam’s Hoodi testnet activation was postponed. Prysm and Lodestar developers reviewed and tested the change before it was merged. Client teams still need to implement and test it. The Ethereum Foundation has also delayed Hoodi activation while investigating smart-contract compatibility risks involving EIP-8037; no new testnet date or mainnet schedule has been confirmed. The reports identify no active exploit, so the change is a precautionary Ethereum security upgrade rather than a confirmed market-moving incident.

Strategy made no Bitcoin purchases or sales from October 19 to 25, according to an October 26 SEC filing. Its holdings remained at 848,517 BTC, bought for about $64.02 billion at an average price of $75,446 per coin. Instead, Strategy used $204.9 million to repurchase about 2.07 million shares of its floating-rate STRC preferred stock—not MSTR common shares. The pause follows several weeks of smaller Bitcoin purchases, but does not alone signal a change in Strategy’s long-term Bitcoin strategy. As of October 25, the company reported $4.83 billion in USD reserves, mainly for preferred dividends and debt interest, plus about $242.4 million in more flexible cash. At a Bitcoin price near $79,937 on October 27, its holdings were worth an estimated $67.8 billion, or about $3.8 billion above their purchase cost before other financial and tax effects. The filing does not show that potential MSCI index eligibility changes caused the pause. For Bitcoin traders, the update underscores Strategy’s need to balance BTC exposure with liquidity and financing obligations. The company did not indicate when it might resume Bitcoin purchases.

Hong Kong-based stablecoin payments firm RedotPay is considering a confidential US IPO filing before the end of 2026, Bloomberg reported. A possible pre-IPO funding round could value RedotPay at $4 billion to $5 billion, though its fundraising and listing plans are not final. JPMorgan, Goldman Sachs, Jefferies and Barclays are reportedly advising on the potential offering; no exchange, offer size or trading date has been announced. RedotPay previously said its IPO preparations were continuing after reports of delays. The latest report adds that the company has more than 9 million customers, annualized revenue above $180 million and revenue growth of more than 50% in the first nine months of 2026. These figures have not been confirmed in published audited statements. Earlier data cited in the reports showed more than 8 million users and $410.5 million in stablecoin card transactions over the preceding 30 days. The IPO plans come as Binance-affiliated companies seek nearly $473 million in damages from RedotPay’s founders, alleging misuse of confidential information and diversion of former Binance Card customers to a competing payments service. RedotPay denies the claims and says it is defending itself. The proposed listing may highlight investor interest in stablecoin payments, but the legal dispute, regulatory exposure and uncertainty around execution remain significant risks.

The Saudi-led coalition first reported intercepting a drone in eastern Saudi Arabia, without identifying its origin; the Houthis denied responsibility for attacks on Saudi Arabia. A later report said the coalition intercepted four Houthi drones targeting southern Saudi Arabia, highlighting continuing cross-border tensions. Separate reports cited an attack on the Shaybah oilfield that reportedly caused casualties. Prediction markets priced the odds of Houthi forces entering Aden by 31 October 2026 at 1.1%, down from 1.4% in the earlier report, and the odds of Saudi Arabia closing its airspace by 1 November at 2.8%. The Houthi drone interceptions and related geopolitical risk have no direct link to cryptocurrency prices or trading activity.

Injective has expanded its GPU rental futures offering with the Super Intelligence Compute Index (SICI), a perpetual futures market tracking rental prices for five NVIDIA GPUs: H100, B200, H200, A100 and RTX 4090. The index draws data from computing-power rental platforms through London-based provider LO:TECH and updates hourly using a seven-day moving average. The H100 has a 40% weighting, the B200 25%, and the other three chips together account for 35%. Traders can take long or short positions using USDC as collateral, with leverage of up to 10x. The launch builds on Injective’s earlier H100-only market. Injective GPU rental futures could help AI developers hedge compute costs and GPU providers manage rental-rate risk, but liquidity and whether platform data reflects privately negotiated contracts remain key uncertainties. The launch comes as investors scrutinise the cost of AI infrastructure and the prospects of specialist cloud providers.

Circle minted 250 million USDC on Solana in a transaction confirmed at 01:44 UTC+8 on October 26. A later report from on-chain monitoring service Onchain Lens said Circle had minted 500 million USDC across two transactions of 250 million each, bringing its reported Solana minting total for 2026 to $112 billion. The issuance highlights substantial USDC activity on Solana, but the reports do not confirm whether the newly minted tokens have entered circulation, reflect customer demand or will be used to buy crypto assets. Traders may watch subsequent transfers, exchange flows and USDC’s peg for signals about how the additional supply is being used.

Credit default swaps (CDS) tied to AI companies are seeing record activity as borrowing expands and investors seek protection from rising credit risk. Morgan Stanley data showed weekly CDS trading across major AI-linked firms exceeded $9 billion in September, more than 4.5 times July levels. Goldman Sachs reported a 400% year-on-year rise in single-name AI CDS trading, while the number of liquid names grew from four to as many as 12. AI-related bond issuance reached $466 billion in 2026, compared with $101 billion over the same period in 2025. CDS spreads for CoreWeave, Oracle, Meta and Nvidia have hit record highs, according to the reports. CoreWeave’s five-year CDS rose above 1,000 basis points, while Oracle’s reached 322 basis points. Wider CDS spreads signal that investors perceive greater credit risk; they do not mean a company has defaulted or is certain to do so. Investors are increasingly using single-company CDS to hedge AI exposure, amid questions about infrastructure costs and the returns on AI investment. The trend has drawn comparisons with the growth of credit derivatives before the 2007–08 financial crisis, but the reports do not establish that a systemic crisis is imminent. Crypto traders may watch for spillovers to broader risk sentiment, though the news provides no direct signal about cryptocurrency prices.

SpaceX has committed to about $40 billion in GPU leases through an entity managed by Apollo Global Management, clarifying earlier reports of callable debt financing for AI infrastructure. GPU deliveries are expected in batches, with leases starting in the first half of 2027. SpaceX expects the master lease to close by the end of 2026, though its interest rate has not been set. The GPU lease will support AI data centres following SpaceX’s absorption of xAI. Starlink and rocket launches also give the company revenue beyond AI computing. Elon Musk says debt markets are largely closed to companies dependent on AI data-centre income, and warns that some of more than 200 specialist GPU-rental providers, or neoclouds, may fail or consolidate. He argues SpaceX is better positioned because of its investment-grade credit and non-AI businesses. Meanwhile, concern is growing that GPU capacity could outstrip demand: investor Chamath Palihapitiya has flagged possible project delays and underused computing in 2027. CoreWeave, a major neocloud with about $50 billion in debt, saw its shares fall roughly 30% from September 30 to October 16, while its unsecured bonds yielded about 15% in mid-October. For crypto traders, the news is not a direct token-price catalyst, but it underscores financing, demand and chip-depreciation risks across AI infrastructure. Market reactions to further signs of weaker GPU demand or tighter credit could affect sentiment toward AI-linked assets and technology risk more broadly.

The US Securities and Exchange Commission (SEC) has added tokenisation and emerging technologies to its fiscal 2027 examination priorities, announced on October 23. The risk-based programme covers more than 34,000 registered firms, including investment advisers, funds, broker-dealers, transfer agents and clearing agencies. The SEC plans to assess how artificial intelligence and other advanced technologies may affect compliance, fraud prevention and market operations. For tokenisation, examiners may consider familiar securities obligations, including record-keeping, custody, failed transactions, investor rights and firms’ responsibilities. Faster settlement does not remove those requirements. The priorities do not ban tokenised products or announce violations by specific firms. Nor do they restore crypto as a standalone examination focus. They signal closer scrutiny of tokenisation and technology-related risks, while leaving examiners discretion to review other securities-law concerns. For crypto traders, this is a regulatory development rather than a direct price catalyst: tokenised assets may face more compliance checks, but the announcement itself introduces no new rules or enforcement action.

Ethereum co-founder Vitalik Buterin has backed Moonshot AI’s decision to limit advanced cyberattack capabilities in its Kimi K3.1 Pro model. He argues that restricting what AI can do is preferable to restricting who can use it, and says software security needs more time to improve. Buterin warns that a serious AI-related security incident could lead governments and companies to impose identity checks, including Know Your Customer (KYC) requirements, and expand surveillance. Moonshot says it removed selected cyberattack-related data while retaining general programming abilities. On the company’s internal exploit benchmark, Kimi K3.1 Pro scored 81%, compared with 90.5% for an unrestricted version—a 9.5 percentage-point gap. The results have not been independently verified, and their implications for real-world security remain unclear. Moonshot plans to release the model’s weights by November 4, allowing outside researchers to examine its safeguards. The Kimi K3.1 Pro debate highlights tensions between AI safety, access controls and privacy. It has no clear direct impact on cryptocurrency prices or network fundamentals, though AI cybersecurity and regulation may matter to crypto firms. For traders, the immediate market signal for ETH is neutral.

Strive’s Bitcoin accumulation has accelerated. CEO Matt Cole said the company bought 6,182 BTC for $511.4 million over the past week, at an average price of $82,732 per bitcoin. The record purchase brought its holdings to 43,000 BTC. Earlier reported purchases included 1,223 BTC at an average of $81,734, alongside other large acquisitions. Strive also reported that cash and marketable securities rose by $187.7 million to $554.6 million, and it has established a $1 billion at-the-market program for its SATS preferred stock to help fund potential further Bitcoin purchases. With Bitcoin trading around $80,000, the holdings’ value remains exposed to price swings. The buying signals continued corporate demand for Bitcoin, but does not guarantee broader market gains.

Tokenized stocks face growing resistance as 22 listed companies reportedly opt out of a proposed OKX-ICE platform that could cover 63 US shares. A Wall Street Journal advertisement funded by the Common Sense Leadership Fund warned CEOs of risks including price divergence, unclear ownership, cybersecurity threats, manipulation, money laundering and legal liability. The objections add to earlier concerns from issuers about unfamiliar market structures, limited benefits and weakened price discovery. Nasdaq supports tokenized securities in principle but argues they should use existing regulated exchange and settlement safeguards rather than a parallel venue. The SEC framework described in the reports gives issuers 30 days after notification to opt out. The pushback could constrain the platform’s early liquidity and increase compliance scrutiny, while approaches integrated with existing infrastructure, such as the Nasdaq-DTC model, may gain traction. For crypto traders, the dispute is a regulatory and adoption headwind for tokenized real-world assets, though it does not by itself establish a direct price impact on major cryptocurrencies.

An earlier report put crypto long liquidations at $383 million over 24 hours, while a later update estimated about $117 million in long positions liquidated from October 25 to 26. The figures differ, possibly reflecting different reporting windows or estimates. The later update put total futures liquidations at $117 million to $133 million, with bullish positions accounting for 70% to 80%. Ethereum led with $39 million to $54 million in liquidations, followed by Bitcoin at $22 million to $32 million; Solana and other altcoins made up smaller amounts. Binance handled an estimated 50% to 66% of the activity, including a reported $7 million ETH long closure. The liquidations were spread across exchanges, with no major catalyst identified. Crypto long liquidations point to crowded leveraged bullish positioning and can add short-term selling pressure, although the later estimate was below levels seen in major market sell-offs.

Arthur Hayes-linked wallets sold about $22.28 million in crypto in an earlier on-chain report, including 6,400 ETH worth roughly $15.2 million. A later report put Hayes’s October 24 sales at about $26 million, including 8,000 ETH worth around $19 million, and said his recent sales had generated a total of $49.24 million in USDC. The reported sales also included ENA, UNI, ETHFI, AERO, PENDLE and ZAMA. The selling followed bullish comments from Hayes: he said he was bullish on BTC and ETH on October 15, and had previously forecast ETH could reach $10,000 by year-end or, in August, $20,000–$30,000. He has since cited macroeconomic and geopolitical risks and said he would wait for conditions to improve before re-entering. BTC was below $80,000 at the time of the later report. Arthur Hayes’s crypto sales may add short-term selling pressure and weigh on sentiment, particularly around ETH, but a single investor’s wallet activity is not a reliable market forecast. Traders may track the on-chain flows alongside broader price action and market conditions.

Andreessen Horowitz has renamed a16z Crypto as a16z Frontier, widening its investment mandate to include AI and other frontier technologies while maintaining its crypto investments. Managing partner Chris Dixon announced the change on October 22 but did not disclose how the fund’s capital will be divided among sectors. The firm closed its fifth crypto fund at $2.2 billion in May, bringing the total raised across five funds to $9.8 billion. The broader remit could put more crypto, AI and cross-sector startups in consideration, but it does not guarantee more funding for blockchain companies. Investment decisions will still depend on commercial prospects, including customer demand, distribution and regulatory readiness. Examples cited include Circle’s USDC funding processes, USD.AI’s separate governance and income instruments, and BitGo’s consumer-app expansion—illustrating that blockchain infrastructure alone does not solve financing or product-market challenges. The rebrand coincides with general partner Ali Yahya’s departure to build infrastructure for open software ecosystems, initially focused on AI agents working together. For crypto traders, the shift is a strategic signal rather than a direct market catalyst: its longer-term significance will depend on which companies a16z Frontier backs and whether their crypto features address real user needs.

Updated data show spot Bitcoin ETFs recorded $304.77 million in weekly net inflows, reversing an earlier report of $228.58 million in outflows. Strong midweek buying, including $528.5 million on Wednesday, outweighed $635.49 million in withdrawals on Thursday—the largest daily outflow since late June—and another $137.9 million on Friday. Cumulative Bitcoin ETF net inflows rose to nearly $57.2 billion. The earlier report also noted Bitcoin had fallen from above $84,000 to below $80,000, highlighting that ETF demand has not prevented price weakness. Spot Ethereum ETFs, by contrast, posted $220 million in weekly outflows, extending their losing streak to four weeks. An earlier report put withdrawals at about $320 million for a prior week. Since the outflow trend began in late September, Ethereum funds have lost more than $1.2 billion, and cumulative net inflows have fallen from nearly $14 billion to below $12.75 billion. Ether lost more than 4% over the latest week and traded near $2,350, after an earlier decline towards $2,300. The latest Bitcoin ETF inflows suggest stronger institutional demand for BTC than ETH, while large daily redemptions and persistent Ethereum ETF outflows point to volatile sentiment and continued pressure on ETH.

XRP has returned to the $1.25–$1.32 demand zone after failing to break above descending resistance. The rejection near $1.37–$1.40 and a brief, unsuccessful move above the previous high near $1.39 reinforce XRP’s pattern of lower highs and lower lows, keeping its short-term outlook bearish. On the four-hour chart, buyers need to reclaim $1.30–$1.33 and form a higher low to ease selling pressure; resistance at $1.34–$1.35 is the next hurdle. A daily close below $1.25 could expose $1.20, followed by support at $1.09–$1.17. A sustained break above descending resistance and the $1.38–$1.40 area would improve the outlook, but any rebound remains vulnerable until XRP breaks its lower-high pattern.

Uniswap has launched Aggregator Hooks through its web app and API on Ethereum, Base and Robinhood Chain. The Uniswap v4 feature connects seven external DEX liquidity sources and compares quotes block by block, combining liquidity from Uniswap pools and external venues in one swap transaction. Users do not need to approve tokens separately when a swap uses external liquidity. Uniswap says the connected sources cover more than 90% of DEX activity on the supported networks, but that is not a guarantee of better execution for every trade. Aggregator Hooks may improve quote competition and routing, particularly for less-liquid tokens, though fees, slippage and smart-contract risks remain. Eligible swaps can generate protocol fees that support UNI burns. The effect on UNI demand, trading costs and volumes remains uncertain and will depend on live-market performance.

Crypto liquidations reached $157 million across the market over a four-hour period in an earlier report, with $141 million from long positions. A later CoinGlass update recorded $192 million in liquidations in just one hour, including $184 million in longs and about $8.42 million in shorts. Bitcoin (BTC) led with $57.7 million liquidated, followed by Ethereum (ETH) at $52.76 million and NEAR at $13.02 million. The figures cover different time windows, so they are not directly comparable as cumulative totals. The concentration of long liquidations points to selling pressure and heightened volatility, but liquidation data alone does not establish the market’s next direction.

Ethereum staking reached a record 43.8 million ETH at the end of Q3 2026, about 35.9% of supply, after net inflows of roughly 1.99 million ETH. The latest figures point to continued demand: around 1.39 million ETH was waiting to enter staking, compared with about 39,000 ETH in the exit queue. Bitwise cited staking ETFs and corporate treasuries as key sources of inflows; BitMine said it had staked more than 5 million ETH, around 84% of its treasury. That growth has come with lower returns. Ethereum’s gross annualized staking yield fell from 2.81% to 2.63%. More than 96% of staking rewards reportedly come from newly issued ETH, while network revenue dropped to $40.6 million in Q3 from $63 million in the previous quarter. Developers have discussed adjusting issuance incentives as the share of staked ETH approaches 50%. The validator count in Bitwise’s report fell from about 1.1 million to 881,000, but the decline was attributed mainly to the Pectra upgrade’s MaxEB feature, which lets operators consolidate validators—not a mass withdrawal of ETH. Chain data showed about 43.8 million ETH remained staked in late October, alongside higher average validator balances. For ETH traders, strong staking inflows and a small exit queue indicate sustained demand, while falling yields, reliance on issuance and weaker network revenue put the long-term economics of staking under greater scrutiny.

The Blockchain Association has urged senior US lawmakers from both parties to advance legislation clarifying crypto tax rules. Its proposals include a tax-free threshold for small crypto payments, cash-like tax treatment for qualifying stablecoins, and taxing mining and staking rewards when they are sold or otherwise disposed of, rather than when they are received. The group also seeks clearer rules for transfers that do not change a user’s economic exposure and reporting requirements that balance compliance with privacy. It launched taxclarityforamerica.com to help people contact lawmakers and cites 67 million Americans as digital-asset holders or users, an advocacy figure rather than a government census. These crypto tax changes would require congressional action and have not been adopted. Current record-keeping and reporting obligations remain in force, while lawmakers would need to address issues such as lost tax revenue, transaction splitting and consistent implementation.

Polymarket reportedly fired chief marketing officer Matthew Modabber after an internal review, according to The New York Post, which cited unnamed sources. The company has not confirmed his departure, and a separation agreement is reportedly under discussion. Modabber had held the role since January 2024 and is a close friend of CEO Shayne Coplan. The review reportedly examined a campaign featuring staged testimonials about trading profits and influencer payments that may not have been disclosed as paid promotions. The campaign prompted a Commodity Futures Trading Commission (CFTC) investigation, which remains ongoing; no wrongdoing has been established. Sources said the board believed Modabber was hindering efforts to improve Polymarket’s image as it considers a possible IPO. Coplan initially resisted the move, the report said. The reported leadership change adds reputational and regulatory uncertainty for Polymarket, but the platform has no widely traded token whose price is directly affected.

US Senator Richard Blumenthal has asked Tether to provide records of its dealings with Nxum, a consultancy co-founded by former White House crypto adviser Bo Hines, by November 3. The inquiry follows reports that Nxum received $6.3 million from a Tether-related deal agreed in May 2025. Blumenthal is seeking information on contracts, payments, communications, ownership and lobbying activity, raising potential ethics, anticorruption and conflict-of-interest concerns—but the inquiry is not a finding of wrongdoing. The Wall Street Journal reported that Tether paid marketing firm Notorious $415,000 a month, and that much of its first payment went to a wallet used by Nxum. It also reported that Hines, who retained a one-third stake in Nxum, advocated extending the GENIUS Act’s compliance window, a change that could benefit Tether. A Nxum representative said Hines did not take part in the deal while in government and received no Tether-derived funds during that period. Tether said an external counsel review found no evidence of wrongdoing. The Tether inquiry adds scrutiny of the company’s US lobbying and regulatory relationships. It concerns policy advocacy and government ethics, not USDT’s reserves, technology or redemption terms. No immediate effect on USDT operations or trading has been reported, though further disclosures or formal findings could renew attention on stablecoin regulation.

CoreWeave shares fell about 30% in October as investors questioned whether the AI infrastructure provider can refinance its debt and meet contractual obligations. Yields on its 2032 bonds climbed above 15%, and short interest reached 23.7% of the free float, despite a recent Goldman Sachs upgrade and most analysts retaining Buy ratings. Prediction markets put the probability of a bankruptcy announcement at 14.5% by 2029 and 25% by 2030. CoreWeave is increasingly seen as a gauge of confidence in financing the wider AI build-out. Traders will watch for refinancing or restructuring plans, new funding, major customer contracts and changes in big tech companies’ AI spending. The reports identify no direct cryptocurrency-market catalyst or impact on crypto prices.

Tokenized stocks are providing price signals while US exchanges are closed, but thin liquidity and higher volatility remain key risks. IMF research found that 87% to 99% of overnight price moves in selected tokenized equities were reflected in corresponding conventional shares within the first five minutes of the next session. More than half of trading took place outside regular US market hours. The study covered tokenized exposures to the S&P 500, Nasdaq 100, Tesla, Alphabet and Nvidia across 11 venues, including Ondo and xStocks products. It found tokenized stocks had about 1.5 times the realised volatility of conventional shares and were less liquid, particularly on decentralised exchanges and low-volume venues. The IMF warned that continuous trading and automated liquidations could amplify price swings, and said always-on markets may need tailored safeguards. The findings show a relationship between tokenized and conventional share prices, not proof that token trading causes moves in the underlying stocks. Nasdaq is targeting 9 p.m. to 4 a.m. Eastern Time weekday trading from Dec. 6, subject to infrastructure readiness and regulatory changes; the plan includes a daily one-hour pause and weekend closure. Other exchanges are also preparing extended-hours trading, while TD Cowen expects limited US demand and highlights execution risks in thin sessions. Morgan Stanley has pushed its expected tokenized-equity rollout to Q1 2027. For crypto traders, tokenized stocks may offer earlier price discovery and access outside exchange hours, but the developments are not an immediate market catalyst. Liquidity, regulation and execution quality remain important risks, and broader exchange hours could reduce the overnight advantage while leaving weekends distinct.

Chainlink and South Korean technology firm LG CNS have expanded a strategic partnership to develop oracle and cross-chain infrastructure for financial institutions. The tools are intended to connect digital-asset platforms with verified external data and other blockchains, supporting regulated digital assets and potential Korean won stablecoin use. The agreement builds on a memorandum signed on Oct. 6 and includes work on technical standards and distribution of won stablecoins. LG CNS is the lead contractor on the Bank of Korea’s Project Hangang; its first phase involved about 80,000 customers across seven banks. The firms cited a $68 billion South Korean digital-asset market and more than 11 million people eligible to trade crypto. The partnership could broaden Chainlink’s institutional reach beyond decentralised finance, but it is not evidence of bank adoption or large-scale deployment. No financial terms or launch date were disclosed, and regulatory approval, data quality and institutional demand remain key uncertainties for LINK traders.

Gate launched Gate Money at TOKEN2049 in Singapore on October 7, combining fiat currencies, digital assets, stocks, gold, bank accounts and payments in one app. The service aims to help users move between assets and use them in daily life, including spending eligible investments on purchases; CEO Dr. Han cited “buying coffee with stocks” as an example. Eligible users can also open bank accounts in their own names. Gate Money builds on the company’s trading infrastructure and liquidity, with traditional finance partnerships spanning brokers, clearing firms, custodians, banks and payment networks. Features will be adapted to local licensing requirements. Trading remains Gate’s largest revenue source, while payment income is currently small. Han said everyday financial services could eventually exceed trading, but expects adoption to take time. Tokenized stocks may trade around the clock, although liquidity outside regular market hours remains a challenge. Gate aims to double its user base within one to two years and plans to expand GT’s role through discounts and other ecosystem benefits. It is also exploring AI agents to help users manage assets and funds around the clock. Gate Money signals a broader push into payments and asset management, but the company has not provided a launch timetable or detailed adoption figures.

UNITREE rose 15.1% over 24 hours to 89.24 USDT in earlier market data, with a 7.9% gain in the preceding hour. By 23 October 2026, UNITREE was up 21.6% over 24 hours at 94.26 USDT, indicating that its rally had strengthened. The reports gave no reason for the move or trading-volume details, so traders cannot tell whether the rise reflects broader market conditions or project-specific news.

CoinJar Europe Limited received authorisation from Ireland’s Central Bank under the EU’s Markets in Crypto-Assets Regulation (MiCAR), effective 9 December 2025. The licence permits CoinJar to offer custody, crypto-to-fiat and crypto-to-crypto exchanges, and crypto transfers across the European Economic Area (EEA). CoinJar’s MiCAR authorisation establishes a regulated framework for these services, and the company says customer assets are held in segregated wallets. However, CoinJar is not licensed to transfer e-money tokens under MiCAR, so USDC withdrawals to external wallets are temporarily unavailable. Customers can still deposit USDC and trade or exchange stablecoins on the platform. The summaries report no further change to the withdrawal restriction; it may inconvenience users who need to move USDC off-platform, but the broader licence could support confidence in CoinJar’s EEA services.