Crypto Markets & On-Chain Ecosystem Developments

France's National Assembly Finance Committee approved cryptocurrency tax amendments this week that would make conversions into fiat-pegged stablecoins taxable events starting Jan. 1, 2027. Amendment I-CF1826, submitted by French MP Nicolas Sansu and adopted Wednesday, closes what the explanatory

France's National Assembly Finance Committee approved proposals this week to tax conversions into fiat-pegged stablecoins, effective Jan. 1, 2027, according to Amendment I-CF1826 adopted Wednesday. The amendment, submitted by MP Nicolas Sansu, treats such swaps as taxable events, with gains

Ethereum traded around $2,500 on Oct. 9, erasing much of its early-October advance after falling as low as approximately $2,408 during Thursday's session. The decline was driven by higher Treasury yields, a strong dollar, and weakening institutional flows pressuring the crypto market. ETH now sits a

Bitcoin fell below $81,000 on Oct. 7, prompting QCP Capital to identify the $80,000–$82,000 range as a potential buying zone. The Singapore-based trading firm sees this level as attractive for the fourth quarter. The decline followed Bitcoin's failure to sustain its move above $87,000 last week,

According to CryptoQuant analyst MAC_D, on October 9, Bitcoin fell from its October 5 high of $87,027 to a low of $80,404, representing a pullback of 7.61%. This decline is close to the average correction of 7.58% observed during bull market cycles from 2022 to 2025, but remains below the overall hi

According to CoinDesk, on October 9, the UK Foreign Office announced a new round of sanctions against crypto platforms suspected of helping Russia circumvent restrictions. The sanctioned entities include Xeltox Enterprises, which operates Cryptomus, Heleket, and Certa Payments, as well as

According to Foresight News, citing growthepie data, Ethereum mainnet generated $18.52 million in revenue over the past 30 days, representing a 61% increase compared to the previous month. Robinhood Chain, Base Chain, Polygon PoS, and Arbitrum One followed with revenues of $8.91 million, $4.57 milli

CoinShares reported a marked slowdown in digital asset fund inflows this week, following approximately $11.1 billion in total inflows since mid-July. The investment firm attributed the cooling period to rising U.S. Treasury yields, with the 10-year yield surpassing 5.3% and approaching

According to CoinShares, digital asset fund inflows have slowed markedly this week, totaling about $11.1 billion since mid-July. The 10-year U.S. Treasury yield has surpassed 5.3%, nearing multi-decade highs. The market-implied probability of an October Federal Reserve rate hike declined from 71% to

David Schwartz, Ripple's Chief Technology Officer, and RippleX Senior Director of Engineering Ayo Akinyele will present 'Building What's Next for XRPL' on Oct. 28 at 4:30 p.m. ET in New York, according to Ripple. The discussion will address privacy, scalability, and institutional-grade

A Parliamentary Standing Committee on Finance has recommended that the government consider allowing a recognised Self-Regulatory Organisation (SRO) to oversee the crypto industry until a comprehensive law for Virtual Digital Assets (VDAs) is in place, according to reporting on July 24, 2026. The

Indian cryptocurrency exchange WazirX launched Taxlyst on Tuesday, a free tax reporting platform that enables investors to generate Crypto Tax in India reports from transactions across multiple crypto exchanges ahead of India's income tax filing deadline. The platform is designed to simplify crypto

Crypto investors filing income tax returns must reconcile virtual digital asset (VDA) transactions with the annual information statement (AIS) and Form 26AS, as well as maintain complete records of all trades, especially those conducted on overseas exchanges, as any mismatch may trigger tax

According to Coinpaper, David Schwartz, CTO of Ripple, will discuss XRP Ledger's next phase on Oct. 28 at 4:30 p.m. ET in New York alongside RippleX Senior Director of Engineering Ayo Akinyele. The session titled "Building What's Next for XRPL" will cover privacy, scalability and

The Ministry of Finance intends to build a legal framework for the cryptocurrency market in Russia to bring digital asset operations under clear legal regulation, reduce risks for citizens, and establish transparent rules for market participants. Deputy Finance Minister Ivan Chebeskov said at an industry forum that digital assets have already become a significant part of the global financial system and that such instruments are used on a substantial scale in Russia. According to him, cryptocurre

Sber demonstrated a cryptocurrency purchase service in the SberBank Online app on October 7 at the SberInvestments forum, and cryptocurrency transactions are now available to select users in test mode only. The bank plans to make cryptocurrency transactions available to all clients not only through SberBank Online, but also through the SberInvestments and SberBusiness apps. The legal basis for this was provided by the Law on Digital Currencies and Digital Rights, which Vladimir Putin signed in A