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India’s Madras High Court delivered a landmark verdict on October 25, 2025, blocking WazirX—once the nation’s top crypto exchange—from reallocating customer XRP to offset its $234.9 million July 2024 hack losses. Justice N. Anand Venkatesh ruled cryptocurrencies qualify as “property” under Indian law, held in trust by exchanges, granting an injunction to petitioner Rhutikumari’s 3,532.30 XRP holdings—purchased pre-hack for ₹1.98 …

Japan marked a pivotal moment in global finance on October 27, 2025, by debuting JPYC, the world’s first regulated yen-pegged stablecoin. Issued by Tokyo-based JPYC Inc., this blockchain token—fully backed 1:1 by yen bank deposits and Japanese government bonds (JGBs)—bridges traditional banking and Web3 under strict Financial Services Agency (FSA) oversight. The JPYC EX platform enables seamless minting and redemption …

Chinese fintech powerhouse Ant Group, the Alibaba-backed force behind Alipay’s 1.3 billion users, has quietly filed trademarks in Hong Kong for “AntCoin” and related blockchain services, hinting at a regulated re-entry into digital assets. The June 2025 applications, surfaced via IPD records, cover stablecoin issuance, virtual asset custody, crypto wallets, and tokenized payments—positioning Ant as a bridge between Asia’s payment …

Coinbase’s x402 protocol, an open-source standard for seamless stablecoin payments over HTTP, has erupted with a 10,780% spike in activity, processing nearly 500,000 transactions in a single week as of October 27, 2025. Reviving the dormant HTTP 402 “Payment Required” code, x402 empowers AI agents, apps, and developers to execute instant, intermediary-free USDC transfers—fueling a surge in autonomous Web3 commerce. …

Bitcoin (BTC) charged toward $116,000 on October 27, 2025, climbing 3% to a session high of $115,600 amid a global risk-on surge fueled by easing US-China trade frictions. The world’s top cryptocurrency, rebounding from last week’s $112,000 consolidation, mirrored gains in equities as investors piled into high-beta assets. Trade officials from Washington and Beijing advanced a tariff truce framework, extending …