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More →Standard Chartered-led Anchorpoint says it’s not rushing retail stablecoin
The Standard Chartered and Animoca Brands joint venture previously targeted retail access as early as the end of 2026, but its CEO declined to reaffirm that timeline. Standard Chartered-backed stablecoin venture Anchorpoint says it will take a cautious approach to opening its Hong Kong dollar-backed stablecoin to retail users, declining to confirm a launch date after rival HSBC rolled out RedCoin, <a href="https://www.scmp.com/business/cryptocurrency/article/3372060/standard-chartered-led-anchorpoint-plans-retail-stablecoin-hsbc-redcoin-launches" rel="nofollow noopener" target="_blank">>according</a> to the South China Morning Post. The <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">venture</a> released its institutional stablecoin product in August and previously <a href="https://anchorpoint.hk/faqs/" rel="nofollow noopener" target="_blank">>indicated</a> a retail offering could arrive as early as the end of 2026. Anchorpoint CEO Dominic Maffei declined to confirm that timeline at a Friday press conference, saying the company would take a prudent approach. “We believe it’s important to build the market out in a long-term, sustainable manner,” Maffei said, adding that rushing a launch “does not make sense.” The update comes after <a href="https://cointelegraph.com/news/hsbc-launches-redcoin-hong-kong-dollar-stablecoin-payme" target="_blank" rel="nofollow">HSBC launched its Hong Kong dollar-backed RedCoin</a> on Friday for the 3.3 million users of its PayMe app. <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">Anchorpoint grew out of a partnership</a> between Standard Chartered, Animoca Brands and telecommunications provider HKT, which was announced in February 2025, following their joint participation in Hong Kong’s stablecoin issuer sandbox in July 2024. Animoca’s role is to bring its blockchain expertise and industry network to the venture and help develop uses for the stablecoin across the Web3 ecosystem. <em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/hashkey-begins-beta-distribution-of-hong-kong-regulated-hkdap-stablecoin" target="_blank" rel="nofollow"><em><strong>HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin</strong></em></a>
The U.S. 10-year real yield is at 2.64%.
CoinWorld US stock market data: The latest daily reading of the US 10-year real yield is 2.64%. Compared with the same-caliber snapshot 7 days ago, it is down 0.1 percentage point.
Tom Lee: Bitmine repurchases $46 million in stock, crypto outperforms AI stocks
According to CoinWorld news, Tom Lee stated that the Ethereum treasury company BitMine repurchased $46 million worth of its shares during the crypto market pullback, and noted that cryptocurrencies have outperformed AI stocks.
Russia and Ukraine agreed to a ceasefire in Oleshky today.
CoinWorld news, [Russia and Ukraine ceasefire in Oleshky today] Cailian Press, October 27 — Russia and Ukraine have reached a ceasefire in Oleshky in the Kherson region. Under the arrangement, the ceasefire will take effect at 4 a.m. Moscow time today (October 27), 3 a.m. Kyiv time, which is 9 a.m. Beijing time, at which point a humanitarian corridor will be opened to bring in aid supplies and evacuate local residents. Russian Presidential Press Secretary Peskov said on October 26 that the temporary ceasefire in Oleshky could "set a precedent" for the future. Regarding the anticipated trilateral talks between Russia, the United States, and Ukraine expected to be held in November, Peskov stressed that resuming the trilateral talks "does not restrict hostile actions between Russia and Ukraine," and that the Russian armed forces will continue to strike Ukrainian targets. (CCTV International News).
A mining and processing plant in Belgorod Region has partially lost power following a drone attack.
CoinWorld news: Russian steel company Severstal said that a mining and processing plant in Belgorod Region suffered a partial power outage following a drone attack, and miners have been evacuated.
An unknown wallet transferred 1,584 BTC to Coinbase Institutional.
According to data from BiJie.com: Whale Alert monitoring shows that 1,584 bitcoins (approximately $127 million) were just transferred from an unknown wallet to a Coinbase institutional account.
Brazilian stock market plunges over $200 billion after Lula's election victory
CoinWorld news: Brazil's stock market plunged at the open on Monday after Lula defeated Bolsonaro in the election, with market capitalization losses exceeding $200 billion. The iShares MSCI Brazil ETF (EWZ) fell from about $42.60 on Friday to $31.40, at one point dropping as much as 26%. In addition, Brazil's benchmark Ibovespa index also fell 17%. Before this, prediction markets had given Bolsonaro as high as an 82% probability of winning. Lula ultimately won with 51.79% of the vote, and Bolsonaro said he would not recognize the election results and would seek to have the election annulled by the courts.
The merger of Tesla and SpaceX would create a corporate holding of 30,221 BTC.
CoinWorld data: According to Benzinga, a potential merger between Tesla and SpaceX would create an entity holding a combined 30,221 bitcoins, valued at approximately $2.56 billion at current prices. SpaceX holds 18,712 bitcoins, while Tesla owns 11,509. Neither company has indicated plans to buy or sell additional bitcoins as part of the merger discussions. Following the merger, the two would become the sixth-largest publicly listed corporate bitcoin holder. Tesla's bitcoin holdings had a significant impact on its third-quarter earnings, recording $288 million in pre-tax unrealized gains, or approximately $224 million after tax, accounting for about 28% of Tesla's $787 million GAAP net income. The gain reflects the rise in bitcoin's price rather than cash generated by Tesla's operations. Tesla sold most of its bitcoin in 2022 and has kept its remaining holdings stable over the past four years.
CFTC Chairman: Crypto markets should enjoy the same protections as U.S. derivatives markets.
CoinWorld news, according to Cointelegraph, CFTC Chairman Mike Selig stated that the crypto market should receive the same protections as the U.S. derivatives market. Since Congress has not yet taken action, the CFTC is advancing related measures on its own. He questioned whether the CFTC should wait for Congress's decision.
An unknown wallet received 464.999 billion PEPE, worth approximately 20.3165 million USD.
CoinWorld data: According to Whale Alert monitoring, an unknown wallet has just transferred in 4,649,999,000,000 PEPE, worth approximately $20.3165 million at real-time prices.