Dmitry Tokarev, founder of Copper Technologies, launched Bron Labs, a self-custodial wallet platform using guardian approval for recovery. The London-based startup raised $15 million from investors including LocalGlobe, Fasanara Digital, and GSR.

Western Union is launching a pilot program for a stablecoin-based settlement system to modernize global remittances. The initiative was announced during its third-quarter earnings call on Thursday, with CEO Devin McGranahan highlighting potential improvements in speed, cost, and transparency. The move follows growing regulatory clarity, including the recent passage of the GENIUS Act. Stablecoins are increasingly seen as a tool for cross-border payments, with the market exceeding $300 billion in April 2025.

Senator Kirsten Gillibrand will host a roundtable with leading crypto executives on October 22, 2025, to revive stalled discussions on U.S. market structure legislation. Attendees include the CEOs of Coinbase, Chainlink, Ripple, Uniswap and other major firms. The meeting aims to re-energize legislative efforts amid partisan gridlock over regulatory frameworks. Bipartisan negotiations in Congress remain at a standstill, according to journalist Eleanor Terrett.

UK tax authority HMRC has dispatched 65,000 warning notices to cryptocurrency investors suspected of tax non-compliance, representing a 134% year-over-year increase as authorities leverage exchange data.

Despite cautioning about digital asset treasuries trading below net asset value, Fundstrat's Tom Lee demonstrates confidence in Ethereum's future by purchasing $1.5 billion worth of ETH following recent market volatility.

Circle, the company behind the $74 billion USDC stablecoin, is considering implementing reversible transactions to address fraud concerns while maintaining blockchain settlement finality. This strategy shift aligns with Circle's new institutional-focused blockchain Arc and comes as stablecoins gain political momentum through recent legislation.

Nasdaq-listed Thumzup Media has launched a $10 million share repurchase program extending through December 2026, following completion of a $1 million buyback. The company now holds 19.106 BTC and 7.5 million DOGE, with board approval for a $250 million crypto treasury framework.