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JUST IN: 🇺🇸 Senator Cynthia Lummis says FDIC whistleblowers claim the agency is destroying documents related to digital assets.
[South Korea's Stablecoin Regulation Bill Expected to Be Submitted to Parliament by Year-End] Lee Bok-hyun, Chairman of South Korea's Financial Services Commission, stated during the National Assembly's Political Affairs Committee review on October 20 that the legislative proposal for the 'Virtual Asset User Protection Act (Phase Two),' which includes a stablecoin regulatory framework, has entered the final coordination stage. It is expected to be submitted to Parliament for review by the end of this year, while preparations for implementation details are also underway.
[Upbit to Suspend SEI Token Deposit and Withdrawal Services on October 23] Due to the Sei network upgrade, Upbit will suspend SEI token deposit and withdrawal services starting from 18:00 (Hong Kong time) on October 23, 2025, until network stability is confirmed and services are restored. During the suspension period, SEI token trading will not be affected. Users are advised to complete relevant operations in advance to avoid delays that may result in assets being unable to be processed normally.
[Bank of Japan Policy Board Member Hajime Takata Says Now Is the Best Time to Raise Interest Rates] On October 20, Bank of Japan Policy Board Member Hajime Takata stated that now is the best time to implement an interest rate hike. (Jin10)
[New Type of Pi Xiu Attack Emerges on BNB Chain, Can Bypass DexScreener Checks] According to Genius monitoring, a new type of Pi Xiu attack has appeared on BNB Chain, allowing attackers to bypass DexScreener checks. This malicious contract uses a non-standard _spendAllowance function to override allowance checks and exploits the transferFrom function to steal user tokens.
[Bank of Japan Policy Board Member Says Now Is the Best Time to Raise Interest Rates] On October 20, Bank of Japan Policy Board Member Hajime Takata stated that now is the best time to implement an interest rate hike. (Jin10)