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According to Bitcoin Magazine, on October 29, the Central Bank of Russia approved the National Association of Participants in the Securities Market (NAUFOR) to become the country's first self-regulatory organization for cryptocurrency exchanges and digital custodians. This move implements the "Digital Currency and Digital Rights Law," which was passed by the State Duma in July, into an operational system. The law requires exchange operators and digital custodians to enter the central bank's registry and must join a self-regulatory organization.The central bank's registry currently includes 23 cryptocurrency exchanges and 8 digital custodians, including VTB, Sberbank, and T-Bank's parent company T-Technologies. Companies listed in the registry must complete their membership within 90 days. The self-regulatory organization is responsible for setting industry standards, supervising members, and communicating with regulators on behalf of the industry.NAUFOR stated that it will participate in the formulation of standards for the digital asset market and promote adjustments to the rules by the central bank. The association earlier this month obtained similar qualifications in the field of information system operators and currently has 725 members.The law prohibits the use of Bitcoin for everyday payments, and domestic cryptocurrency payments remain banned. It also issues licenses to exchanges and custodians, limits retail investors' purchase amounts, and establishes state-regulated cross-border trading channels. Non-qualified retail investors can purchase up to 300,000 rubles, approximately $3,800, per year through a single intermediary. Additionally, the Moscow Exchange has tested cryptocurrency trading with professional market participants and plans to launch in December; Sberbank has also been approved to custody Bitcoin and other cryptocurrency assets.

Documents from the U.S. Securities and Exchange Commission (SEC) show that Meta Platforms (META.O) has signed forward sale agreements with Morgan Stanley and Goldman Sachs.

JPMorgan analysts pointed out that the U.S. Treasury may increase the scale of short-term borrowing when it announces its quarterly refinancing plan next week. The net borrowing amount aimed at private investors is expected to reach $2.038 trillion this year, rising to $2.202 trillion by 2027.The issuance scale of short-term bonds is expected to grow earlier, with privately held outstanding short-term Treasury bills increasing by $401 billion in 2026 and by $991 billion in 2027.

According to crypto journalist Eleanor Terrett, JPMorgan, AMD, Applied Materials, Coca-Cola, Adobe, Dell, and Sandisk oppose OKXICE tokenizing its shares, bringing the total number of opposing companies to 33.

Yuxuan Tang, the Head of Asian Rates and FX Strategy at JPMorgan Private Bank, stated that due to thin liquidity and the potential for further interest rate increases, gold faces downside risks. The Federal Reserve is expected to raise interest rates in December and the first quarter of 2027, pushing the 10-year U.S. Treasury yield to peak between 5.25% and 5.5% by mid-year.Despite the weakness in the gold market, its appeal as a hedging tool may drive a rebound in gold prices later next year.

Multiple institutions predict that the Federal Reserve will pause interest rate hikes in October and raise rates by 25 basis points in December. Goldman Sachs, Citigroup, and Credit Agricole all believe that the rates will remain unchanged in October, while Bank of America predicts an interest rate hike in October.

Anthropic has selected JPMorgan Chase to handle its IPO stock sales aimed at retail investors in the United States, expecting to allocate about 15% to 20% of the shares to retail investors.JPMorgan Chase CEO Jamie Dimon will participate in the IPO activities. Citigroup is responsible for coordinating the sale to international retail investors, and the IPO will also take place in Australia, Canada, Japan, some European Economic Area countries, Switzerland, and the United Kingdom.

According to Bitcoin.com, the cyber extortion group Whitearmor claimed on October 26 that it had stolen 15,420,003 account records from the crypto casino Gamdom, with each account containing 146 data fields, and demanded a payment of 15 million dollars in Bitcoin, or else they would expose sensitive customer information.The group has published a JSON sample of about 437KB, containing approximately 100 records as so-called evidence on its ransom website, claiming that the cumulative profits corresponding to these accounts exceed 1 billion dollars, but did not specify how this was calculated. It is reported that the attackers exploited an internal machine account with administrator privileges that had not rotated its credentials for a long time.Previously, Gamdom suffered a hot wallet attack on October 13, with founder Felix Römer admitting losses exceeding 3 million dollars, and blockchain researcher vxdb estimating the stolen amount across multiple networks to be about 4.2 million dollars. After suspending operations, the platform resumed on October 16, stating that user balances were unaffected. Gamdom disputed the scale of 15.4 million accounts but acknowledged that usernames, email addresses, and gambling activity information may have been exposed, while stating that verification documents were not affected.

Bitcoin News posted on X platform that Coinbase Institutional Co-CEO Brett Tejpaul stated that large banks in the United States are increasingly relying on Coinbase to provide digital asset service infrastructure.PNC private banking clients can directly buy, sell, and hold Bitcoin through its platform; JPMorgan is integrating Chase accounts, debit cards, and rewards with Coinbase, but will not offer Bitcoin trading within the banking app; Citibank is collaborating with Coinbase to provide stablecoin payment services for businesses.

Morgan Stanley's Chief Equity Strategist Mike Wilson stated that despite the cooling enthusiasm for artificial intelligence trading and recent pressure on U.S. stocks, he maintains his forecast for the S&P 500 index to close at 8000 points by the end of the year. Morgan Stanley has set a tactical downside target for the S&P 500 at 7100 to 7200 points, slightly below the 200-day moving average, while the basic year-end target remains at 8000 points. Wilson noted that several upcoming clearing events, including the midterm elections, should mark the end of the current stock market adjustment.Wilson is relatively cautious about the semiconductor sector, believing that support levels may be significantly lower than current levels, but selling pressure may ease next month. The strategy team stated that as the market questions the timing and scale of revenue realization related to artificial intelligence, the semiconductor and other capital expenditure beneficiary sectors have become the epicenter of financing concerns; there are new doubts about the cost of capital for some participants and whether the credit market can provide sufficient funds to support related expenditures, as governments and non-AI-related capital expenditures are also competing for funds. The team indicated that given the possibility of more financing plans in the future, it is normal for the market to focus on the supply side, but this concern will persist until financing is completed.The five-year credit default swaps of the highly leveraged new cloud service provider CoreWeave closed above 1100 basis points last week, implying a default probability of about 50% on its debt within five years. Wilson's team believes that the adjustment in the semiconductor sector has entered its final stage, expecting this round of adjustment to end by mid-November; however, based on technical analysis and comparisons with the once-hot silver market, the sector may decline another 10% to 15% from current levels, with the Philadelphia Semiconductor Index potentially dipping to around 9500 points. Last week, the Nasdaq Composite Index fell a cumulative 0.7%, with a total decline of over 5% in the past two weeks; on Monday, Anthropic's public IPO prospectus boosted the AI sector, leading chip stocks to rise, and the Nasdaq Composite Index increased by 0.82%, closing at 26169.38 points.

According to Bloomberg, the Dutch cryptocurrency industry organization has warned that if cryptocurrencies are excluded from the proposed new capital gains tax system, investors may sell off their crypto assets.Under the current proposal from Dutch regulators, financial assets such as stocks, bonds, and options are planned to transition to a capital gains tax upon sale starting in 2028, while cryptocurrencies, gold, and foreign exchange may still be required to pay annual taxes on unrealized gains at least until 2030.

Balancer's official statement indicates that the team, while reviewing the DAO's own assets, also examined the historical asset positions of external users. They have currently identified over $500,000 in related assets and have notified the owners.Balancer pointed out that these assets mainly involve two types of situations that are easily overlooked by asset management dashboards: first, the buffered liquidity shares of Balancer v3 use an internal accounting mechanism within the Vault, which may not be displayed on blockchain explorers or platforms like DeBank; second, there may still be collectible partner rewards in the old v2 liquidity mining contracts, even if users have previously withdrawn their liquidity.

According to Onchain Lens monitoring, the Morgan Stanley Bitcoin ETF wallet (bc1qt...vdqg) received 51.57 BTC from Coinbase Prime, worth approximately 4.12 million USD.In the past 3 days, the wallet has accumulated inflows of 80.22 BTC, worth approximately 6.45 million USD.

Morgan Stanley stated that the pressure faced by semiconductor stocks may ease next month. The strategist team expects that the adjustment in the semiconductor sector has entered the "final stage," which is anticipated to end in mid-November, but there may still be a further decline of 10% to 15%. The Philadelphia Semiconductor Index could potentially drop to around 9,500 points in the future.

The Wall Street Journal has published full-page paid advertisements in the past two days, themed "YOUR STOCK. THEIR TOKENS. YOUR PROBLEM." The Chinese expression is a reminder to CEOs of publicly listed companies: your stock, their tokens, your problem, warning the public about the risks of stock tokenization.The advertisement is funded by the American conservative nonprofit organization Common Sense Leadership Fund, warning that the cryptocurrency industry will tokenize company shares in unregulated venues and listing eight major risks: pricing divergence, ownership ambiguity, impaired capital raising, cyber theft, market manipulation, AML loopholes, lack of investor protection, and potential legal liabilities.Previously, a total of 22 companies, including Microsoft, Goldman Sachs, McDonald's, and Alphabet, have expressed opposition. The related documents outline the rules of the collaboration project between OKX and the Intercontinental Exchange (ICE) and list the companies that have opposed it, but do not specify the exact reasons for their opposition.

According to Zhitong Finance, JPMorgan analyst Samik Chatterjee maintains a "Buy" rating on Microsoft with a target price of $625. The research report states that investors will closely monitor the business growth of Azure, the commercial version of Microsoft 365 Cloud, and Copilot.Chatterjee indicated that compared to the quarterly earnings report itself, the stock price reaction may be more determined by performance outlook, as investors hope to see sustainable signals of growth in cloud business and artificial intelligence.Yorkville Ives analyst Dan Ives maintained a "Outperform" rating on Microsoft with a target price of $615 on Friday, and listed Microsoft as one of his "Top 5 Tech Picks Before 2027." Ives stated that the concentrated earnings reports from large cloud providers like Microsoft, Alphabet, and Amazon are expected to soothe the highly volatile market.

According to PR Newswire, J.P. Morgan Asset Management announced that its tokenized money market funds MONY and JLTXX have launched on the Solana blockchain, open to qualified U.S. investors. Qualified investors can subscribe and redeem through its institutional trading platform Morgan Money and receive token balances at their blockchain addresses.MONY is a private fund established under Rule 506(c), set to launch in December 2025. At that time, J.P. Morgan will be the first globally systemically important bank to launch a tokenized money market fund on a public blockchain. JLTXX is a government money market fund registered in the United States, designed to support stablecoin issuers under the framework of the GENIUS Act.

Analysts indicate that regulatory-led measures can encourage institutional participation in the cryptocurrency ecosystem in the short term, but only legislation can make the framework more robust in the long term. Currently, the cryptocurrency industry has to rely on a series of fragmented regulatory actions, which may be overturned in the next two years due to political changes. At the same time, the U.S. Securities and Exchange Commission (SEC) has issued a five-year "innovation exemption" for tokenized stocks, requiring that tokens must possess the financial and voting rights of the original stocks.Additionally, the U.S. Commodity Futures Trading Commission (CFTC) is exploring allowing leveraged cryptocurrency trading on regulated U.S. platforms, while the Office of the Comptroller of the Currency (OCC) has granted national trust charters to an increasing number of stablecoin issuers and digital asset companies, placing activities such as custody and reserve management under federal regulation. The Financial Accounting Standards Board (FASB) is also considering allowing companies to classify certain stablecoins as cash equivalents to support their broader use in payments and liquidity management.

Morgan Stanley raised the target price for Tesla Inc. from $400 to $410.