[Upbit to Resume NOM Token Deposit and Withdrawal Services on October 21] Upbit announced the completion of the NOM token swap and brand revamp and will resume NOM deposit and withdrawal services on October 21, 2025, at 19:00 (Hong Kong Time). The minimum deposit and withdrawal amounts are 50 NOM and 70 NOM, respectively, with a withdrawal fee of 70 NOM. Users should note that depositing NOM from exchanges that have not completed the token swap may result in delays or additional fees.

[U.S. Crypto Industry Alliance Sends Letter to CFPB Opposing Bank Data Access Fees] On October 21, multiple U.S. crypto institutions, fintech companies, and retail organizations jointly sent a letter to the Consumer Financial Protection Bureau (CFPB), opposing the proposal by major banks to charge fees for data access. The alliance urged the preservation of consumers' rights to freely share financial data under Rule 1033, ensuring the connection between bank accounts and platforms such as crypto exchanges and stablecoin wallets. The alliance warned that banks' attempts to limit the scope of consumer representation and impose additional fees would weaken market competition, hinder financial innovation, and potentially cause the U.S. to fall behind other countries in the field of open banking. The letter emphasized that open banking rules are critical to the financial ecosystem and called on the CFPB to resist banks' attempts to charge fees for financial data access.

[Indian Enforcement Directorate Freezes $270 Million in Crypto Assets Linked to OctaFX Scam] The Indian Enforcement Directorate (ED) has frozen cryptocurrency assets worth ₹23.85 billion (approximately $270 million) linked to the OctaFX scam, bringing the total value of seized and frozen assets in the case to ₹26.81 billion. The main suspect, Pavel Prozorov, has been arrested in Spain, and India is advancing extradition proceedings. Investigations revealed that OctaFX lured investors through unauthorized forex trading platforms, defrauding Indian investors of ₹18.75 billion between July 2022 and April 2023, and funneled the funds through shell companies and cryptocurrency channels. Previously, the ED had seized physical assets such as yachts and luxury homes. This latest freeze on cryptocurrency assets further uncovers new pathways for money laundering.

Binance announces the launch of the HODLer airdrop event, introducing the Turtle (TURTLE) token, a liquidity allocation protocol. The airdrop is scheduled for 2025-10-22 23:00 (UTC+8). Trading for the token will open on 2025-10-22 23:00 (UTC+8), supporting trading pairs such as TURTLE/USDT, TURTLE/USDC, TURTLE/BNB. After the airdrop concludes, TURTLE will be available for spot trading, deposit services, algorithmic orders, and other services, with an expected launch time of 2025-10-22 23:00 (UTC+8). Notes: - Users must complete KYC and reside in eligible regions; certain regions are excluded. - Participants in the HODLer airdrop must hold at least 0.01 BNB during the snapshot period. - TURTLE will be transferred from Binance Alpha accounts to spot accounts for trading.

Bitget VIRTUAL/USDT perpetual trading volume surged 61 times within 10 minutes, with a turnover of 4.86 million US dollars in the past 24 hours, a decrease of 4.48% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally