SWIFT Goes Onchain as Consensys Builds Prototype – 30 Banks Eye 24/7 Settlement

Consensys has worked with SWIFT and more than 30 banks across 16 countries on a shared-ledger concept that has recorded, sequenced, and validated transactions in tests. The design has prioritized real-time 24/7 cross-border payments, interoperability with public and private networks, and coexistence with CBDCs, tokenized assets, and commercial bank money, while engaging feedback from participating institutions at Sibos in Frankfurt.
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Binance Rolls Out Crypto-as-a-Service – Internalized Trading, Custody, Compliance

Binance has launched Crypto-as-a-Service for banks and brokerages, providing trading, custody, settlement, and compliance tools. The pilot has opened on September 30 with early access, while broader availability has been planned for later this year.
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Polkadot Community Backs Proposal for DOT-Backed Algorithmic Stablecoin pUSD

Polkadot pUSD stablecoin has progressed to a governance referendum using the Honzon approach on Asset Hub, prompting scrutiny over Acala’s legacy, and fit within Gavin Wood’s broader vision for DOT-collateralized and “stable-ish” instruments on the network.
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Turkey to Give Authorities Power to Freeze Crypto Accounts in New AML Rules

Turkey is set to grant its financial crime authority, Masak, the power to freeze and limit access to crypto accounts as part of efforts to combat money laundering following anti-money laundering standards established by the Financial Action Task Force (FATF).
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Jack Dorsey’s Bitchat Explodes in Madagascar as Protesters Ditch Government-Controlled Comms

Jack Dorsey’s decentralized messaging app Bitchat experienced a massive surge in downloads in Madagascar during violent protests over water and electricity shortages that forced authorities to impose dusk-to-dawn curfews across the capital.
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