The Friday Focus: Issue 54

Our weekly crypto news summary, separating the signal from the noise.

Weekly happenings in the crypto industry (Sept 30th - Oct 7th)

Crypto regulation is back in the spotlight. The EU passes its crypto regulation framework MiCA while simultaneously banning all crypto payments from Russia. Meanwhile, Russia also rattles its crypto sabers, blocking the crypto exchange OKX's website. MasterCard has launched a new feature that allows it to track where and how cardholders buy crypto.

Crypto exchanges keep on expanding. Binance signs an agreement with Kazakhstan to open a regional hub, while Coinbase expands to Australia. At the same time, Coinbase suffers a major outage for customers with US bank accounts. Crypto futures exchange BitMEX has long planned to launch an exchange token, and now its CEO confirms it may launch the token by the end of this year.

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