The Texas Commercial Court dismissed shareholder Gary Guillaume's derivative lawsuit against Coinbase directors on October 2, citing that the plaintiff did not make a written request to the board in advance and the court did not make a ruling on the alleged misconduct. Coinbase CEO Brian Armstrong praised the precedent on October 9th and stated that it encourages more businesses to register in Texas. (Source: CryptoSlate)

In the third quarter of 2026, the consumption of stablecoin cards reached 4.31 billion US dollars, an increase of 33% compared to 3.24 billion US dollars in the second quarter. TRON processed $998 million in card transactions, accounting for 23.2%, ranking first; Base Network ranks second with $636 million, while BNB Chain ranks third with $469 million. The three together accounted for nearly half of the stablecoin card trading volume for the quarter. The payment network Plasma under Tether had a card transaction volume of approximately $236 million in the current quarter, an increase of approximately 250% compared to the previous quarter. (Source: CryptoBriefing)

OKX - CRCL/USDT contract movement, current price $85.83, 24-hour increase 4.44%, please pay attention to future price opportunities!

The cross chain protocol Relay has stopped providing Vaults product services, and the new deposit function has been disabled. Users can withdraw funds through the withdrawal page before December 31, 2026, and can still withdraw funds through contracts after the deadline, Swap、 The payment service and existing integration are operating normally.

The Finance Committee of the French National Assembly has passed two cryptocurrency tax amendments, including treating the exchange of stablecoins regulated by MiCA as taxable sales, imposing taxes on departing individuals with cryptocurrency assets worth over 800000 euros, and allowing investors to carry forward losses on cryptocurrency assets for 10 years. On October 9th, the committee rejected the revenue portion of the budget by 31 votes to 3. The above-mentioned amendments will not be automatically included, and supporters need to resubmit them in the debate starting on October 13th. The official vote is scheduled for October 20th. (Source: Decrypt)