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Update (Oct. 22, 10:27 pm UTC): This article has been updated to include a statement from the White House.A shareholder for Circle Internet Financial, the company behind the USDC (USDC) stablecoin, filed a lawsuit against US President Donald Trump, his family’s crypto company World Liberty Financial, affiliate entities, and US Special Envoy to the Middle East Steve Witkoff over a $2 billion deal between a foreign government entity and Binance.In a Thursday filing in the US District Court for the District of Columbia, Circle shareholder J. Benjamin Greenberg alleged that Trump, Witkoff and World Liberty caused harm to Circle by…

JPYC and Japan Tax-Free began exploring stablecoin refunds in March, giving the latest discussion an existing private-sector starting point. Japan’s transport and tourism minister, Tatsunori Ibayashi, told a parliamentary committee on October 21 that the government would consider using stablecoins to refund consumption tax to foreign visitors. Nothing has been approved, but the remark links yen-backed tokens to a payment problem that begins on November 1, when tourists start paying tax up front. What Changes for Tourists on November 1 From that date, Japan’s tax-free shopping system switches to a refund model. Visitors will pay the tax at checkout and…

The Blockchain Association sent a letter to Senate and House leadership on Thursday asking Congress to pass bipartisan digital asset tax legislation, the group’s first broad push on taxes since the Clarity Act failed in the Senate last month. The letter, signed by Chief Policy Officer Lindsay Fraser and addressed to Majority Leader John Thune, Minority Leader Chuck Schumer, Speaker Mike Johnson and Minority Leader Hakeem Jeffries, argues that the rules governing the 67 million Americans who hold digital assets “were written for a different era.”  The group paired it with a new site, TaxClarityforAmerica.com, built for constituents to contact…

A shareholder from one of the world’s biggest digital asset companies has sued U.S. President Donald Trump for alleged crypto corruption.  The lawsuit, filed on Thursday by shareholder and former Circle employee J. Benjamin Greenberg, alleges that a member of the United Arab Emirates ruling family agreed to pay half a billion dollars into the Trump-backed World Liberty Financial business — in direct violation of the Constitution.  Circle is the fintech company behind the stablecoin, USDC. Regulators in the U.S. are fast pushing ahead with pro-crypto rules despite lawmakers last month blocking landmark digital asset legislation, which President Trump backed. …

Mutsamudu, Comoros, October 22, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its September trading data. New-token and TradFi spot trading volumes rose 77% and 78% month over month, respectively, while tokenized U.S. stock trading volume increased 81%. Stock Meme projects also took the top two spots by new-token spot trading volume, as stock-related trading expanded into on-chain new-token markets. In September, the number of newly listed tokens on MEXC increased 15% month over month, while the number of users trading new tokens grew 27%. Seven of the top 10 new tokens by spot trading volume…

Bybit Fintech FZE receives regulatory approval for spot trading as the company reinforces its commitment to compliance and the development of Dubai’s digital asset ecosystem. DUBAI, UAE, Oct. 22, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, today announced that Bybit Fintech FZE has secured a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA) for Exchange Services, covering spot trading. The licence marks an important milestone in Bybit’s presence in Dubai, where the company established its international headquarters in 2022. It also supports Bybit’s continued efforts to…

Astana, Kazakhstan, October 22nd, 2026, Chainwire Bybit Kazakhstan announces the signing of a Memorandum of Cooperation with Alatau City Authority, the special management organization responsible for the operation and development of Alatau City under its special legal regime. The memorandum, signed at the AI & Digital Bridge 2026 forum held in Astana on 1–3 October, sets out the parties’ intention to cooperate on digital asset solutions for the city. Alatau City is being developed as an emerging smart city with its own legal framework, including dedicated rules for digital asset activities. The memorandum creates a framework for dialogue between Bybit…

Singapore, Singapore, October 20th, 2026, Chainwire The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0. Grvt, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. A…

WisdomTree’s Jeremy Siegel warns the Nasdaq Composite could fall as much as 30%. The risk grows if AI spending fails to deliver expected returns. The warning arrives on the 39th anniversary of Black Monday, when markets are testing whether AI can regain momentum. BREAKING: The Nasdaq 100 closes the day up +1.1%, posting its best day since September 21st.The S&P 500 added +$300 billion in market cap today. pic.twitter.com/LgPtW9ItRD— The Kobeissi Letter (@KobeissiLetter) October 19, 2026 Why AI Spending Now Drives Nasdaq Risk Concentration risk is the exposure a market index carries when a few large companies or themes dominate…

SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants, reversing its cryptocurrency accumulation strategy.The company held approximately $223.8 million in cash as of Oct. 16 after liquidating its SOL holdings, according to a filing with the US Securities and Exchange Commission on Monday.The tender offer allows shareholders and warrant holders to sell their securities directly back to SkyAI at a fixed price. It covers up to 95% of each class of the company’s outstanding shares and warrants, funded entirely by cash on hand.The company said…