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The Central Bank of Malaysia and the Bank of Thailand joined the Singapore-led BLOOM initiative on Friday as members of the policymakers. BLOOM stands for Borderless, Liquid, Open, Online, Multi-currency, and is a public-private partnership initiative aimed at helping financial institutions utilize stablecoins and tokenized deposits for cross-border payments. According to the Monetary Authority of Singapore, the initiative aims to reduce costs and help institutions bring services to market faster by decreasing the need for financial institutions to establish arrangements with each counterparty or market individually.The Monetary Authority of Singapore launched BLOOM in October 2025, building on Project Orchid, which was initiated in 2021 to explore the application of a digital Singapore dollar. BLOOM's work also covers corporate cash management, trade financing, and payments executed by AI agents within preset limits, with participants including Airwallex, Mastercard, Ripple, Visa, and the World Bank Group. Additionally, the Central Bank of Malaysia announced in February that three initiatives would test the ringgit stablecoin and tokenized deposits for domestic and cross-border wholesale payments in 2026.

According to Digital Asset, the Bank of Korea will require virtual asset transfer service providers to report monthly to the foreign exchange information system the end-of-month holdings of users who have conducted cross-border cryptocurrency asset transfers to overseas exchanges, personal wallets, etc., since July 19, 2024, starting from December 2. Even if there are no cross-border transactions in that month, reports must still be submitted.The report covers the number of coins held, the converted balance in Korean won, and the total amount of cross-border inflows and outflows for the month. Dormant accounts, delisted assets, and staked assets are also included in the scope and must be submitted by the 10th of the following month at 17:30. It has not yet been determined whether there will be a requirement to retrospectively submit records of cross-border transfer transactions conducted before the implementation of the reporting system.

Aave posted on platform X: The first batch of externally curated markets for Aave V4 is now live, with strategies developed by @SentoraHQ. Users can borrow RLUSD, PYUSD, and OUSD using yield-bearing assets and blue-chip assets as collateral in three new markets on Ethereum.

CoinDCX released further clarification regarding the on-chain activities of the TQKJQ wallet, stating that after the security incident in July 2025, the affected wallet addresses have been deactivated, but some users are still depositing funds to the old addresses. The platform's original periodic fund collection process was ineffective for a period of time, and the related issues were discovered this morning, resulting in some operational losses, which will be borne by CoinDCX.CoinDCX stated that despite some users depositing funds to the deactivated addresses, the relevant user accounts have still received the corresponding credits. The platform claims that customer assets continue to be stored in independent cold wallets, and the currently active wallets and user addresses have not been affected, with the platform's trading operations running normally. CoinDCX also reminds users to verify the latest deposit addresses only through the official app or website to avoid transferring funds to deactivated addresses.Previously, on-chain detective ZachXBT had questioned why the deposit address TQKJQ was still in use for about 10 months after the security incident, with approximately $15.8 million of user deposits unaccounted for.

According to the official announcement from JPYC, the yen stablecoin issuer JPYC has signed a memorandum of cooperation with South Korea's Shinhan Bank's Japan SBJ Bank and LINE NEXT, planning to conduct a proof of concept for direct top-ups of yen stablecoins to bank accounts and digital wallets.According to the division of labor, SBJ Bank provides bank accounts and payment infrastructure, LINE NEXT provides technology such as its Unifi wallet and Unifi Pay, and JPYC provides support for the issuance and redemption of yen stablecoins. JPYC is a regulated yen stablecoin issuer in Japan, with its tokens pegged 1:1 to the yen, supported by bank deposits and Japanese government bonds.

On October 21, Stripe and Anthropic announced in San Francisco and Dublin that Anthropic has integrated Link's agent wallet and Stripe MCP into Claude Duet. Claude Duet is a new application launched in research preview form, aimed at small business owners and professionals for tracking to-do items and completing tasks delegated by users.Business owners can have Claude Duet use Link to purchase items online such as digital ads, business cards, team lunches, or whiteboard markers. Each purchase must be approved by the user before Claude completes the transaction using a virtual card. Through Stripe MCP, users can also send invoices and payment links, manage products and pricing, analyze revenue, and process refunds without leaving the application.Kevin Miller, Head of Payments at Stripe, stated that business owners want agents to handle tasks such as ordering supplies or invoicing clients, and Link's agent wallet along with Stripe MCP allows Claude Duet to take on more daily tasks while keeping control with the business owners. Rahul Patil, Chief Technology Officer of Anthropic, mentioned that when agents start handling actual work for people, trust in financial transactions becomes even more crucial. The purchases made by Claude Duet are built on Link, allowing users to maintain control over every dollar. Link has provided payment capabilities for over 200 individual agents, including Meta's Muse, SpaceXAI's Grok Bot, and Instinct.

According to Bloomberg, the prediction market platform Kalshi has reached a new arrangement with the cryptocurrency custody institution BitGo, which will allow certain clients to borrow against their custodied cryptocurrency assets and use the loan funds as margin for leveraged perpetual futures trading on the Kalshi exchange.This arrangement is aimed at clients of Kalshi Prime, a futures brokerage registered in the United States under Kalshi, and employs a tri-party collateral management structure. Loans are provided by its affiliated lending company Kalshi Katalyst, with the collateral assets held at BitGo Bank & Trust. Eligible collateral assets include Bitcoin, Ethereum, and stablecoins deemed compliant with the GENIUS Act, with plans to integrate additional custody institutions in the future.Kalshi Prime CEO Jeff Bandman stated that this arrangement aims to allow clients to participate in trading without having to exit their cryptocurrency holdings, potentially attracting crypto-native trading firms and whales holding large amounts of digital assets.

According to Bloomberg, the prediction market platform Kalshi has reached a new agreement with the cryptocurrency custody institution BitGo, which will allow certain clients to borrow against their custody-held cryptocurrency assets and use the loan funds as margin for leveraged perpetual futures trading on the Kalshi exchange.This arrangement is aimed at clients of Kalshi's U.S.-registered futures commission merchant Kalshi Prime and employs a tri-party collateral management structure. Loans are provided by its affiliated lending company Kalshi Katalyst, with the collateral assets held at BitGo Bank & Trust. Eligible collateral assets include Bitcoin, Ethereum, and stablecoins deemed compliant with the GENIUS Act, with plans to integrate additional custodians in the future.Kalshi Prime CEO Jeff Bandman stated that this arrangement is designed to allow clients to participate in trading without having to exit their cryptocurrency holdings, potentially attracting crypto-native trading firms and whales holding large amounts of digital assets.

According to FXNewsGroup, Robinhood Ventures Fund I (NYSE: RVI) announced that it has invested $30 million to purchase preferred shares of Erebor Bank, National Association in the United States. Erebor is a nationally chartered bank in the United States focused on the innovation economy, serving sectors including defense, robotics, artificial intelligence, and hard technology.The bank obtained its national bank charter and federal deposit insurance from the Office of the Comptroller of the Currency (OCC) in February 2026, and its deposit scale has exceeded $7 billion.Erebor was founded in 2025, co-founded by Palmer Luckey and others, and supported by institutions such as Valor Equity Partners, Lux Capital, and 8VC. RVI is the first fund under Robinhood Ventures, listed on the New York Stock Exchange in March 2026, primarily providing investors with private equity exposure through investments in private companies.

The lending protocol Lido Lend proposed by contributors will launch a withdrawal mechanism called Fallback Exits. When the market lacks sufficient liquidity of loan assets, lenders can utilize the collateral of borrowers to supplement withdrawal requests, and the corresponding debt of the relevant borrowers will be reduced. The protocol was launched on October 7 as a modified fork of Morpho Blue, built around isolated markets.According to the proposal, the collateral of borrowers will be passively utilized in order of the highest position risk, meaning positions closest to the liquidation loan-to-value ratio (LLTV) will be prioritized, while borrowers with very healthy positions are less likely to be affected. Taking the ETH/wstETH market as an example, lenders provide ETH, and borrowers stake wstETH to borrow ETH; if exiting through collateral, lenders will first be exposed to the staked tokens before receiving ETH. The proposal does not specify the qualification thresholds for healthy loans or the path for lenders to obtain ETH.Contributor Izzy stated in a post on October 16 that technical specifications and market parameters will be announced in the next two weeks, and the governance process and public audit must be completed before the mainnet launch. Details such as settlement valuation, debt offset formulas, fees, and limits have yet to be determined.

According to CoinDesk, Shinhan Card, a subsidiary of South Korea's Shinhan Financial Group, is collaborating with a subsidiary of Japan's SBI Holdings to explore the payment applications of a yen stablecoin between the two countries. Participants include the cryptocurrency exchange SBI VC Trade and the trade finance blockchain company SBI XDC Network APAC.The collaboration will study scenarios such as card-linked merchant payments for Japanese tourists visiting South Korea, wallet-to-wallet transfers, and cross-border trade settlements, and will include suspicious transaction monitoring and anti-money laundering compliance systems. Shinhan Card serves approximately 20 million cardholders and stated that it will connect this project with Shinhan Financial's broader digital asset strategy, which includes an agreement reached in August with Visa to explore stablecoin issuance, transfers, and card settlements.Currently, the project is still in its early stages, and the parties have not disclosed the types of stablecoins to be tested, nor have they set a timeline for testing or commercial rollout. SBI has previously issued the yen stablecoin JPYSC, launched by SBI Shinsei Trust Bank and introduced in collaboration with Startale Group, which had a circulation of approximately 20.1 billion yen (about 127 million USD) as of September 7. JPYSC is currently only available for use in SBI VC Trade accounts and cannot be transferred to external wallets. Its circulation on the public chain depends on legal and tax clarity and regulatory approval, and the parties have not indicated whether JPYSC will be included in this test.

Anchorage Digital, the first federally regulated crypto bank in the United States, announced a partnership with the tokenization platform Securitize, which will allow for the direct minting and redemption of stablecoins issued by Anchorage Digital Bank, N.A., without the need for intermediaries. Anchorage Digital Bank is also responsible for custody and settlement, ensuring that the counterparty and custody standards on the dollar side of tokenization transactions on Securitize align with those on the securities side.Securitize is the largest tokenization platform globally by assets under management, providing regulated infrastructure for tokenized funds for institutions such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, and VanEck, with platform assets exceeding $4 billion. The stablecoin issuance ecosystem of Anchorage Digital Bank includes USDtb, issued in collaboration with Ethena Labs, and USA₮, co-developed with Tether.According to an independent reserve report verified by Anchorage Digital Bank, as of August 31, 2026, approximately 99% of the $530 million reserves of USDtb are held by the Securitize tokenized BlackRock BUIDL fund.Nathan McCauley, co-founder and CEO of Anchorage Digital, stated that Anchorage Digital Bank is designed for the large-scale issuance of stablecoins under federal regulation, and regulated issuance is key for tokenization to reach institutional scale. Carlos Domingo, chairman and CEO of Securitize, mentioned that collaborating with Anchorage Digital Bank enables them to directly access digital dollars issued under federal regulation and custodied by the same institution.

The cryptocurrency wallet backup company Vault12 submitted a letter to the U.S. Securities and Exchange Commission (SEC), pointing out that the proposed token safe harbor framework fails to adequately alleviate concerns about the listing of tokens on centralized exchanges. Trading platforms remain worried about the potential for the SEC to retroactively challenge the legal status of tokens in the future.Vault12 raised $17.45 million from 38 investors in 2018 through a future token agreement, and its issued Vault Guardian Token (VGT) has yet to be listed on any centralized exchange. The project has fulfilled or formally abandoned all commitments in its white paper, but the exchanges previously contacted still require confirmation that the SEC will not determine in the future that VGT continues to be bound by the original investment contract. The SEC's proposed "Regulation Crypto Assets" plan introduced in August of this year aims to provide exemptions for token financing and allows eligible projects to terminate the association between tokens and the original investment contracts through a safe harbor mechanism. Vault12 suggests adding a 60-day objection period, during which if the SEC does not raise any objections, eligible filings should have final effect on the agency, except in cases of fraud or significant misrepresentation.

OpenAI is bringing its artificial intelligence models and Codex programming tools to Google Cloud, expanding its reach to serve customers of the three major cloud service providers in the United States. Google Cloud customers will purchase OpenAI's cutting-edge models through the "Model Garden and Marketplace," with related features expected to be fully launched in the coming weeks.

Italian telecommunications company TIM will collaborate with NVIDIA to provide advanced capabilities for the development and deployment of artificial intelligence applications.

CrowdStrike and NVIDIA are expanding their collaboration in the field of artificial intelligence agent security, extending security protection from the software level to the chip level.

Infineon and NVIDIA announced a collaboration on power conversion for data centers.

NVIDIA is collaborating with Anke Technology, Yif Electronics, Jingyuan Electronics, Samsung Electro-Mechanics, Siliconware Precision Industries, and Unimicron Technology.

Global cryptocurrency payment company MoonPay announced that it is advancing strategic cooperation with Dunamu, the parent company of South Korea's largest cryptocurrency exchange Upbit, to jointly explore new business opportunities. The two parties will collaborate to discover new business directions in areas such as stablecoin cross-border payments and capital flow, corporate finance, and fund management.They also plan to expand the global accessibility of Dunamu's Ethereum Layer 2 network GIWA and enhance the network's global connectivity. Specifically, both parties hope to connect MoonPay's global services and network with Dunamu's blockchain infrastructure to expand the coverage of GIWA-based products and services in overseas markets.Dunamu is the operator of South Korea's largest cryptocurrency exchange Upbit and is currently advancing a stock swap merger with tech giant Naver Financial to launch a joint stablecoin and payment service. Earlier this year, Hana Bank acquired a 6.55% stake in Dunamu for 1 trillion won (approximately 755.6 million USD) to advance its layout in the stablecoin and digital asset fields. South Korea is also formulating a comprehensive cryptocurrency framework called the "Basic Law on Digital Assets," which includes rules for the issuance and distribution of stablecoins pegged to the Korean won.

OpenAI CEO Sam Altman proposed in internal communications to integrate top AI laboratories into a single organization to centrally manage the risks of cutting-edge AI models. However, as OpenAI and Anthropic prepare for IPOs, the rising demands for commercialization face resistance to deep collaboration among competitors.