Multiple significant updates impact the crypto space, including policy moves, tech upgrades, and regulatory changes across key regions.
Key developments include Fed's Anna Paulson advocating for two more 25bp rate cuts in 2025, the White House nearing Mike Selig's nomination as CFTC Chair, Bhutan transitioning its national ID system from Polygon to Ethereum, and Kenya's parliament passing a bill to attract crypto investment. Other notable moves include Coinbase’s service pause on October 25, Citibank's plans to launch crypto custody in 2026, and CME adding SOL and XRP options. Meanwhile, Binance Alpha lists new BSC tokens, and the altcoin market drops by $131B in recent losses.