US banks argue that yield‑bearing stablecoins could trigger deposit flight, as lawmakers debate whether the CLARITY Act should restrict interest. According to Standard Chartered, US bank deposits might fall by one‑third of stablecoin market cap, which DeFiLlama lists at $308.15 billion, while Brookings and the EBA say evidence of outflows remains limited.

The Bank of Russia has submitted a draft policy to open crypto purchases to both qualified and non-qualified investors under strict limits. Retail buyers would be restricted to selected liquid assets, face a 300,000 ruble annual cap and must pass a knowledge test, while higher-tier investors would gain broader access excluding privacy coins.

The Hong Kong Insurance Authority is reportedly considering revisions to its risk-based capital regime that would permit insurers to allocate funds to cryptocurrencies with a 100% risk charge. The same proposal would open the door to infrastructure investments, while the regulator gathers industry feedback ahead of a planned public consultation.

On a Tuesday announcement, the Solana Foundation said it is working with post‑quantum security firm Project Eleven to prototype quantum‑resistant digital signatures on a dedicated Solana testnet. The pilot follows a full quantum threat assessment and claims to show that end‑to‑end quantum‑secure transactions can operate at scale, amid wider debate on when quantum computers may threaten existing cryptography. The initiative comes as NIST has endorsed several post‑quantum standards and industry figures, including Vitalik Buterin and Adam Back, offer differing timelines for when major networks like Bitcoin and Ethereum must migrate to quantum‑resistant schemes.

Ripple Payments has entered a partnership with Swiss crypto bank Amina to connect its fiat-to-stablecoin payment infrastructure to the FINMA-regulated lender. The collaboration, which follows Amina's integration of Ripple USD (RLUSD) in July, aims to make cross-border stablecoin transactions faster and cheaper while strengthening Ripple's presence in Europe.