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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 Hong Kong Securities and Futures Commission approves the first batch of compliant public digital funds for 7*24 real-time trading.
CoinWorld news, Cailian Press reported on October 26 that the Hong Kong Securities and Futures Commission (SFC) has approved the first batch of compliant public digital funds to be traded on the secondary market on licensed virtual asset trading platforms (VATPs), a move believed to be a global first. Industry insiders said that the approval of 7*24 real-time trading for the first batch of compliant public digital funds breaks through the limitations of traditional public funds, such as fixed trading hours and multi-day settlement cycles, allowing investors to trade digital currency market funds 24 hours a day, seven days a week. In the future, the SFC will closely monitor the trading operations of the first batch of products and, in light of market developments, appropriately consider expanding the scope of products.
The most recent funding rate for the ETH perpetual contract is 0.005018%.
CoinWorld data: The most recent funding rate for the ETHUSDT perpetual contract is 0.005018%, with longs paying shorts. Compared with the same-metric snapshot 24 hours ago, it is down 0.0017 percentage points; compared with the same-metric snapshot 7 days ago, it is down 0.0041 percentage points.
Russia says it has captured agents who planned a Ukrainian drone attack.
The Russian Federal Security Service (FSB) said on Monday that it had thwarted a drone attack plot orchestrated by the Ukrainian side, with targets including a key facility of Moscow's air defense system and a power facility, and the attack was planned to be launched from within Russia. The FSB said it had arrested two men involved in the case. The FSB stated that the two men came from the South Caucasus region and acted under the direction of the Security Service of Ukraine (SBU). They obtained "first-person view" (FPV) drones and explosives from two regions within Russia and transported them to the Moscow region, where they then debugged and activated the drones. It is said that these drones were originally planned to be remotely controlled by the Ukrainian side.
Franklin Templeton to launch ETF that converts income into Bitcoin
Franklin Templeton plans to launch a new ETF that converts income into Bitcoin. The fund will hold U.S. stocks but will not pay dividends to investors; instead, it will use that cash to purchase Bitcoin-related products. This is the latest way to gain Bitcoin exposure without investors having to buy Bitcoin directly.
Iranian Foreign Ministry spokesman Baghaei: Even if the relevant meeting is not held, it will not change Iran's principled position on regional security issues.
According to CoinWorld news, Iranian Foreign Ministry spokesperson Baghaei: Even if the relevant meeting is not held, it will not change Iran's principled position on regional security issues.
RWA perpetual futures open interest approaches $20 billion.
CoinWorld data: According to Cointelegraph, open interest in RWA (real-world asset) perpetual contracts is approaching $20 billion, with data sourced from CryptoRank.
The central bank conducted a 700 billion yuan MLF operation, while French bonds faced a sell-off.
According to Coin World news, the central bank will conduct a 700 billion yuan MLF operation on October 26 with a term of one year. France has temporarily avoided a Moody's downgrade, but its outlook remains negative. China's weight in the FTSE World Government Bond Index has risen to 11.9%. Local opposition in the United States is intensifying, and S&P warned that credit risks for data centers are rising. China Shenhua plans to register and issue debt financing instruments and corporate bonds, with a total quota of 30 billion yuan. Meituan proposes to issue RMB senior notes and plans to raise the equivalent of about US$1 billion. The bond market is operating in a volatile but slightly stronger range, and analysts say ultra-long bonds still have structural opportunities. Shimao Group defaulted on US$9.07 billion of offshore debt, triggered by a winding-up petition from Guotong Trust. Fitch reaffirmed Luxembourg's rating at "AAA" with a stable outlook. Fitch maintained Ukraine's rating at "CCC," with the impact of war constituting a major credit risk. Musk said SpaceX has completed US$40 billion in debt financing to purchase GPUs. French bonds suffered a selloff, while Australian pension funds entered against the trend.
Netanyahu warns of sanctions risk, Israeli stock market opens lower.
CoinWorld news, according to Israel's Channel 12, Israeli Prime Minister Netanyahu warned that Israel needs to prepare for international sanctions and decoupling from the global economy, and the Tel Aviv Stock Exchange opened lower this morning. This is the first stock market decline after the Israeli prime minister made related remarks. In an interview last Friday, Netanyahu said he had ordered a plan to be drawn up so that Israel could cope with possible restrictions on the financial system through alternative payment methods such as crypto assets.
Axel Adler Jr: The cost basis for BTC short-term holders is around $76,000; a drop below that would put them at a loss.
According to a CoinWorld report, CryptoQuant analyst Axel Adler Jr. said that the average cost basis for BTC short-term holders is approximately $76,000, and the current price is 5.9% above that cost. Over the past week, this group's unrealized profit margin narrowed from 8.7% to 5.9%, during which BTC's price fell by $1,000 while the average holding cost rose by $1,100. Currently, the average cost for short-term holders is about 1.56 times that of long-term holders, at $76,000 and $48,600 respectively. If BTC falls below $76,000, BTC bought over the past 6 months will collectively turn into unrealized losses.