Euro holds gains above 1.1200 despite France's fiscal worries

The EUR/USD pair holds positive ground near 1.1215 during the early Asian trading hours on Friday. Nonetheless, the potential upside for the major pair might be limited amid fears of France’s debt crisis. The Michigan Consumer Sentiment Index data for October is due later on Friday.

Hyperliquid Price Forecast: HYPE drops to $84 as Hyperliquid Labs begins $330 million OTC distribution

Hyperliquid Labs distributed 3.75 million HYPE tokens, worth about $330 million, through an over-the-counter (OTC) arrangement with an undisclosed institution, rather than selling the tokens on public exchanges.

US draws up new plan for 3 days of Iran strikes

US President Donald Trump has ordered plans to be drawn up for options of returning to fighting against Iran, even as he said earlier that strikes would not restart before the midterm elections on November 3, the New York Times reported on Thursday.

Japan Overall Household Spending (YoY) came in at -3.1%, above forecasts (-3.6%) in August

Gold gains ground to near $4,150 as traders weigh Fed rate path

Gold price (XAU/USD) edges higher to around $4,140 during the early Asian session on Friday. The precious metal rebounds from a two-month low as traders assess the outlook for energy prices and weighed the Federal Reserve's (Fed) uncertain interest-rate path.

FinCEN withdraws proposed $10,000 crypto private-wallet reporting rule

FinCEN has withdrawn its 2020 proposal requiring reports on $10,000-plus crypto transfers to unhosted wallets and a 2023 mixer rule, in a deregulatory move.

The post FinCEN withdraws proposed $10,000 crypto private-wallet reporting rule appeared first on Forex Crunch.

TD Securities urge caution on OKXICE tokenised stock filing

TD Securities see limited near-term institutional relevance for OKXICE's plan to tokenize more than 60 US stocks including Nvidia and Tesla, warning the five-year SEC relief may deter large firms.

The post TD Securities urge caution on OKXICE tokenised stock filing appeared first on Forex Crunch.

CFTC and SEC write parallel crypto rulebooks as CTX and CAM frameworks unveiled

The CFTC has published an advance notice proposing Regulations CTX and CAM, bringing leveraged crypto trading onto federally registered exchanges while the SEC runs its own rulemaking.

The post CFTC and SEC write parallel crypto rulebooks as CTX and CAM frameworks unveiled appeared first on Forex Crunch.

ESMA Asks EU to End Custody of Non-Compliant Stablecoins as Data Shows USDT Retreat

ESMA has asked the European Commission to end EU custody and transfer services for stablecoins that fail MiCA rules, as trading data already shows USDT losing ground on regulated European-facing venues.

The post ESMA Asks EU to End Custody of Non-Compliant Stablecoins as Data Shows USDT Retreat appeared first on Forex Crunch.

SEC proposes crypto custody rules giving advisers a conditional path to self-custody

The SEC has proposed rules letting investment advisers self-custody crypto when no permitted custodian is available, with quarterly reviews and dual-approval transfers.

The post SEC proposes crypto custody rules giving advisers a conditional path to self-custody appeared first on Forex Crunch.