Bank of America, Blackstone, and two other institutions provided $63 billion in funding to Anthropic and Broadcom.

The French Ministry of Finance, the Financial Markets Authority (MFMA), the Bank of France, and the Prudential Regulation Authority (PRA) have recommended that the European Commission allow third parties to issue stablecoin rewards under certain conditions, and oppose extending the interest rate ban to staking and lending activities. The four institutions argue that platforms should disclose reward information and refrain from promising guaranteed returns, and that regulators should monitor the impact of rewards on bank deposits. The European Central Bank (ECB) and other EU national central banks advocate maintaining the ban and including rewards, lending, and staking activities within the restrictions. The European Commission must submit its MiCA review report by June 30, 2027. (Source: Bitcoin.com News)

Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), expressed disappointment that Congress failed to pass the Claritism Act, which would have ensured customer protection for crypto asset trading. Selig was pushing for a voluntary federal registration path for crypto exchanges, applying the same protection mechanisms to the U.S. derivatives market, covering platforms offering leveraged, margin, or financed retail trading. The Senate voted 49-50 on September 15 to prevent the bill from moving forward; the CFTC opened a public comment period for the framework on October 5, with a deadline of December 14. (Source: Bloomberg)

The U.S. Office of the Comptroller of the Currency (OCC) is encouraging community banks to develop payment stablecoin businesses and apply to become approved payment stablecoin issuers. Last week, the OCC finalized rules related to the GENIUS Act, which will take effect in January next year. Several banking groups oppose the OCC's proposed rules regarding stablecoin yields. The Independent Community Bankers Association sued the OCC earlier this month, alleging that crypto companies are not subject to equivalent regulatory requirements.

Circle minted 250 million USDC in two separate transactions, totaling 500 million USDC. Since 2026, it has minted a total of $112 billion USDC on the Solana network, involving the address 7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE.

Franklin Templeton's two new Bitcoin DRIP ETFs (FBEQ and FIBT) are nearing launch, with SEC filings set to take effect on October 27. Both funds target a 95% allocation to US stocks and 5% to Bitcoin, automatically reinvesting dividends from their constituent stocks into their Bitcoin exposure. FBEQ tracks a large-cap US stock index with an annual expense ratio of 0.09%; FIBT tracks a 100 innovative companies index with an annual expense ratio of 0.19%. Both funds plan to list on Nasdaq. Their Bitcoin exposure will be constructed through spot ETPs, futures, and a Cayman Islands subsidiary, and will be rebalanced quarterly to reduce the overweighted Bitcoin allocation back to 4.5%. (Source: Bitcoin News)