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News 2026 October 16, 00:00 (23 hours ago )

6h Crypto Recap: USDC, Chainlink, Ripple, Australia — Rules shift

#Australia released a draft bill to align local crypto tax reporting with an OECD-style framework. The proposal targets standardized reporting for crypto-related transactions.

#USDC reached a key regulatory step in the EU under the region’s stablecoin rules. The update sets up compliance changes that take effect in November.

#Russia moved to restrict parts of the crypto market tied to peer-to-peer activity and self-custody usage. The change raises new operational constraints for local users and services.

#Ripple expanded its institutional push with a Prime-linked workflow that supports 24/7 real-world-asset swaps. The setup highlights always-on settlement as a product focus.