Business Sandesh Indian Newspaper | Articles | Opinion Pieces | Research Studies | Findings & News | Sandesh News
Finance Minister François-Philippe Champagne just handed the $309B stablecoin market a rulebook: hold **100 % cash or cash-equivalent reserves**, redeem **1-for-1 in 24 hours**, and open your books monthly—or lose your license. Tabled Tuesday, Budget 2025 amends the Retail Payment Activities Act to drag every fiat-backed issuer (USDC, USDT, QCAD) under federal supervision for the first time. The Bank of …
Cryptocurrency News
November, 2025
-
5 November
Bybit Pay’s Sri Lanka Launch Poised to Ignite South Asia’s Crypto Payment Revolution
Bybit Pay fired the starting gun on South Asia’s crypto-payment race Wednesday, flipping the switch on **100 live merchants** across Sri Lanka in a single morning. Fifty Android POS terminals now blink in Colombo cafés, Kandy boutiques, and Galle surf shops, while 50 e-commerce sites quietly added USDT checkout buttons overnight. Scan, pay, done—settlements hit wallets in **3 seconds flat**, …
-
5 November
Trump White House Confirms ‘Thorough Review’ of CZ Pardon Request
The Trump administration doubled down Tuesday on its Oct 23 pardon of Binance billionaire Changpeng Zhao, insisting the clemency underwent a “thorough review” by DOJ lawyers and White House Counsel—hours after the president told 60 Minutes he has “no idea” who CZ is. “Every pardon moves through qualified attorneys with utmost seriousness,” Press Secretary Karoline Leavitt told reporters. “This was …
-
5 November
Asia Market Opens in Red: Bitcoin Hits 5-Month Low as Crypto Sell-Off Deepens
Asia’s markets opened in free-fall Wednesday, with Bitcoin smashing through the **$100,000 barrier** for the first time since June as a brutal risk-off wave erased **$1.4 billion** in leveraged bets overnight. The Nikkei 225 cratered **2.5%** to 50,212, SoftBank plunged 10%, and the Hang Seng clung flat at 25,935—mirroring Wall Street’s AI-led rout. Bitcoin hit an intra-Asia low of **$99,966** …
-
5 November
Gemini Set to Launch Prediction Market Contracts, Says Bloomberg
Gemini is quietly courting Wall Street quants and retail degens alike, drafting plans for **U.S.-regulated prediction contracts** that could let users wager on everything from Fed rate cuts to NFL playoffs, insiders tell CoinDesk. Three sources inside the Winklevoss-founded exchange say Gemini has hired two former Kalshi engineers and is stress-testing smart-contract logic on its private testnet. A launch teaser—code-named …
-
5 November
Elon Musk Revives Dogecoin Hype — But a Whale Bets Big on Its Spin-Off
Elon Musk lit a match under the meme-coin world Monday with three words: “It’s time 😀.” The Tesla billionaire was replying to a viral graphic declaring “No Highs, No Lows, Only DOGE,” instantly rocketing the post past 1.1 million views. Traders braced for the classic Musk pump—yet Dogecoin (DOGE) slid another 3% to $0.163, capping a brutal 45% retreat from …
-
5 November
Coinbase Exec Blasts Banks for Sabotaging Crypto Charter Push
A top Coinbase official fired a warning shot at America’s biggest banks Tuesday, claiming they are quietly lobbying federal regulators to **kill a proposed national crypto charter** that would let digital-asset firms operate like banks nationwide. “Every time we get close to a federal framework, the megabanks mobilize,” the executive told the D.C. Fintech Policy Summit. “They’re not protecting consumers—they’re …
October, 2025
-
31 October
After Retail Ban Lift, UK Crypto ETN Issuers Slash Fees to 0.05% to Win Investors
The UK’s cryptocurrency landscape is ablaze with competition as exchange-traded note (ETN) issuers slash fees to historic lows following the Financial Conduct Authority’s (FCA) October 8, 2025, reversal of its four-year retail ban. This policy pivot—allowing individual investors access to regulated crypto ETNs on approved exchanges like the London Stock Exchange—has unleashed a “cut-throat” fee war, with management costs dipping …
-
31 October
Nordea’s €648B Bet Sparks Bitcoin Buzz — Is the Next Major Rally Coming?
Scandinavia’s financial titan, Nordea Bank—managing €648 billion in assets—has dropped its long-held crypto skepticism, announcing Bitcoin-linked synthetic exchange-traded products (ETPs) for customers starting December 2025. This execution-only offering, partnering with CoinShares, lets experienced investors track BTC’s price via derivatives—without direct holdings—through standard banking accounts, bypassing crypto wallets. From Ban to Bullish: A Regulatory U-Turn Nordea’s shift marks a dramatic reversal …
-
31 October
Saylor Shifts $2.45B in Bitcoin — Strategic Move or Liquidation Ahead?
The crypto world is abuzz as on-chain sleuths uncover a colossal Bitcoin shuffle by Strategy (formerly MicroStrategy), the Michael Saylor-led firm synonymous with corporate BTC maximalism. Over nine hours on October 31, 2025, the entity transferred 22,704 BTC—valued at roughly $2.45 billion at current prices—to a cluster of fresh addresses, per Arkham Intelligence and Lookonchain data. Far from the article’s …