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1Bitget Daily Report (October 29)|Fed to Announce Rate Decision; Market Expects 25bp Cut; Visa Adds Multi-Chain Stablecoin Payments; Western Union to Launch Stablecoin on Solana2ARB/USDT Surges Amid Arbitrum Liquidity Influx and Rising On-Chain Trading Activity3DASH Rises Above $40–$42 Support, Eyes $60–$65 Breakout Momentum
Flash
- 13:15Swiss crypto infrastructure company Taurus opens New York office to expand its US businessOn October 29, according to CoinDesk, Swiss crypto infrastructure provider Taurus announced the opening of an office in New York, officially entering the US market. This is the company's second office in North America, following Vancouver, Canada. Taurus has appointed Zack Bender as Head of US Operations; he previously worked at Fiserv and Swift. The company stated that with the GENIUS Act, the Clarity Act, and the repeal of SEC accounting bulletin SAB 121, the US regulatory environment is becoming more favorable for the development of digital assets, which is expected to drive banks and enterprises to adopt compliant, enterprise-grade digital asset infrastructure. As an institution regulated by the Swiss Financial Market Supervisory Authority (FINMA), Taurus provides custody, tokenization, and trading technology to major financial institutions including State Street, Deutsche Bank, and Santander Bank. Its infrastructure supports more than 35 blockchain networks. In February 2023, Taurus raised $65 million in a Series B round led by Arab Bank Switzerland, UBS Group, and Pictet Bank, to drive its international expansion and product development.
- 13:15Pavel Durov: Telegram Plans to Launch Confidential Computing Open Network Cocoon in NovemberOn October 29, Telegram founder Pavel Durov stated during a speech at Blockchain Life 2025 in Dubai that Telegram plans to launch Cocoon (Confidential Compute Open Network) in November.
- 13:15US SEC Chairman praises Bitwise and Canary Capital for pioneering new paths in launching their ETF listingsJinse Finance reported that Paul Atkins, Chairman of the US Securities and Exchange Commission, stated on the X platform that he is pleased to see ETF issuers utilizing the 20-day statutory waiting period to go public during the government shutdown, and praised Bitwise and Canary Capital for pioneering new paths for ETF listings. The SEC Chairman also expressed satisfaction with the use of the default legal mechanism under the Securities Act of 1933.