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The Dutch cryptocurrency industry raised concerns that the government’s proposed wealth tax overhaul could lead investors to sell crypto assets, Crypto Briefing reported. Under the current tax code, cryptocurrencies are classified as other assets and taxed based on assumed returns rather than actual gains. The proposed revision could include taxing annual real returns, including unrealized gains, drawing stronger pushback from the industry. Industry officials warned the approach could intensify crypto selling and accelerate an investor exodus if adopted.

Kalshi has entered into a partnership with S&P Dow Jones Indices (S&P DJI) to expand financial event contracts, Cointelegraph reported. S&P DJI is also considering developing indices that use Kalshi prediction market data to track market expectations for economic trends, political outcomes and sports events.

Chainlink (LINK), a blockchain oracle project, has unveiled CustodySync, a new solution designed to let qualified custodians give institutional clients access to DeFi lending markets while keeping assets in custody. The system synchronizes custody and lending systems throughout the full loan life cycle, with the aim of giving custodians faster market entry and lower operational burdens while providing lending markets with independent, verifiable data and a consistent risk framework. Anchorage, the first federally chartered digital asset bank in the U.S., has become the first official launch partner to adopt CustodySync, connecting its institutional clients to DeFi lending markets while keeping their assets under regulated custody.

The U.S. Office of the Comptroller of the Currency has urged regional banks to enter the digital payments market by issuing stablecoins, CoinDesk reported. Under the GENIUS Act, the OCC said regional banks can apply directly for licenses to issue dollar-pegged stablecoins or apply through subsidiaries. The agency is encouraging smaller lenders to enter the stablecoin payments market rather than leaving it to large banks or crypto companies. The OCC recently finalized rules to implement the GENIUS Act, with the measures set to take effect on Jan. 18, 2027. From that date, stablecoin issuers must comply with the final rules set by the OCC, although existing issuers with substantially completed license applications can seek temporary exemptions.

According to Solana, global working capital solutions firm PrimeRevenue is introducing Electronic Time Drafts to the Solana network. PrimeRevenue said the move marks a first step in bringing traditional trade finance on-chain through a network of 50,000 companies and more than 100 funding partners.

Ethereum faces a growing risk of further declines after falling below the lower boundary of a key ascending channel, CryptoPotato reported. The outlet said ETH has remained in a downtrend since facing resistance near $2,800 in September and recently broke below $2,400, the lower end of its daily ascending channel. The $2,300-$2,350 support zone is also under pressure, leaving ETH vulnerable to declines toward the next major support levels at $2,160 and $2,000. On the four-hour chart, a break below $2,250 could accelerate the drop toward $1,900, according to the report. On the other hand, if ETH recovers $2,500, the bearish setup would be invalidated and ETH could attempt to break back above $2,800. CryptoQuant data shows the aggressive buy-sell ratio in the ETH futures market is currently around 0.973, the lowest level since June, indicating selling pressure is dominant in futures trading.

Ethereum scaling network Polygon (POL) said Miden’s partner mainnet has launched, enabling access to liquidity across the broader blockchain ecosystem through Agglayer connectivity.

Bernstein said spot cryptocurrency trading is likely to slow, while prediction markets and tokenization are expected to drive growth in crypto-related stocks. The global investment bank also cut its price target on Coinbase to $250 from $330 and raised its target on Circle to $145 from $140. For Robinhood, Bernstein projected revenue from prediction markets will surpass crypto segment revenue by 2028.

Akash Network said its core team has proposed Solana as the network’s next step, as it pushes for a transition to Solana amid stronger momentum in the DePIN sector and asked the community to vote on governance proposal 346.

Aptos said the genesis token unlock schedule for key contributors and investors was completed on Oct. 12, 2026, four years after its mainnet launch and in line with the schedule disclosed at launch. Of the genesis allocation, no tokens assigned to key contributors and investors remain subject to future unlocks.

U.S. Commodity Futures Trading Commission Chairman Mike Selig said on X that the crypto market needs the same proven investor protections long applied in U.S. derivatives markets, and that the CFTC is pursuing a voluntary federal registration regime for crypto exchanges while Congress has yet to advance related legislation. Selig said the plan is intended to help crypto exchanges meet the United States' high standards for market oversight.

RWA-focused Ethereum layer-2 network Plume said Plume Vaults are now available on Robinhood Chain. The network has processed more than $99 billion in decentralized exchange trading volume over its first 100 days after launch. Vaults including nOPAL and FACTOR offer Robinhood Chain users yields generated from credit card receivables and invoice financing, while users can deposit USDC to hold vault positions.

Kalshi has been named the National Basketball Association’s designated official prediction market trading platform. Through the partnership, official NBA data will be provided to Kalshi’s basketball market category, and the two sides said they will establish direct cooperation on market transparency, consumer protection and player safety.

Cryptocurrency hardware wallet maker Keystone plans to scrap 18,835 hardware wallets following a device authentication key theft incident, The Defiant reported. Keystone also told users who received devices using the old authentication key after Oct. 20 to carry out additional authenticity checks.

The U.S. Commodity Futures Trading Commission signed a memorandum of understanding with the National Basketball Association to share information aimed at protecting game integrity in prediction markets, The Block reported. CFTC Chairman Michael Selig said the agreement reflects the agency’s ongoing effort to expand data sharing between regulators and professional sports leagues.

Swiss private bank J. Safra Sarasin holds more than $17.5 million in Bitcoin, The Bitcoin Historian said on X. J. Safra Sarasin is one of Europe’s major private banks.

Nasdaq-listed BNB Standard Corporation (BNC) rang the Nasdaq opening bell, with Binance founder Changpeng Zhao, also known as CZ, attending the event. BNC’s CEO and other executives also took part.

SODA said migrations are currently being processed through a monitoring queue. The project said SODA tokens will be distributed soon to addresses affected by delayed ICX migrations, adding all balances are safe. SODAX is scheduled to launch before Dec. 31, 2026.

Coinbase announced the addition of RITUAL for spot trading.

Injective announced the official launch of the Super Intelligence Compute Index, or SICI, an on-chain benchmark index that combines the hourly rental prices of five NVIDIA GPUs. The index consists of the H100 at 40%, B200 at 25%, H200 at 15%, A100 at 10%, and RTX 4090 at 10%. Traders can access perpetual futures based on the index on Injective with leverage of up to 10x. Injective added it plans to introduce new financial products offering access to SICI within the next few days.

Ripple has added AI-based automation and digital asset yield services to its corporate treasury platform, Ripple Treasury, The Block reported. It also introduced a feature called '24/7 Returns,' allowing eligible corporate clients to earn yield on qualifying cryptocurrencies held in Ripple wallets. Eligible assets include the U.S. dollar-pegged stablecoin RLUSD, subject to the program’s requirements.

India’s Uttar Pradesh Police, the country’s most populous state police force, are using the Cardano blockchain to track criminal evidence, the Cardano Foundation said. Hashes of all scans and lab analysis results are recorded on-chain, and the system is already being used in active cases. The Cardano Foundation also released a case study on how TrivolveTech built the system.

Tokenized real-world asset platform Ondo Finance (ONDO) said it plans to begin subscriptions next week for “OpenAI Private Market Note (OPAIPon),” a token product linked to unlisted OpenAI shares, for eligible Ondo Private Clients. The product tokenizes pre-IPO investment exposure to OpenAI, with the subscription period set to run for two weeks. Ondo said the tokenized asset will also be available for 24-hour trading on secondary markets, including the spot order book on Ondo Perps.

The number of stablecoin holder addresses worldwide has surpassed 300 million for the first time, Unfolded said. The Ethereum ecosystem accounted for 37% of the total, up eight percentage points from 29% two years earlier. Around 75% of stablecoin holder addresses within the Ethereum ecosystem were on layer-2 networks.

Bernstein expects prediction market revenue at Robinhood, the U.S. stock and cryptocurrency trading platform listed on Nasdaq under HOOD, to reach $1.7 billion in 2028, surpassing its projected crypto-related revenue of $1.6 billion, according to Cointelegraph. In a report, Bernstein projected Robinhood’s prediction market revenue will grow from about $650 million this year to account for roughly 18% of its total 2028 revenue forecast of $9.4 billion. It kept its price target unchanged at $160.