Bitwise launched the Bitwise Solana Staking ETF (BSOL), the first U.S. exchange-traded fund offering direct Solana exposure with staking rewards. The fund accumulated approximately $222.8 million in assets within its initial trading days, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas. BSOL provides investors access to Solana's staking yield, which averages above 7%, following SEC regulatory clarity on proof-of-stake mechanisms.

The Australian Securities and Investments Commission has issued guidance bringing stablecoins, wrapped tokens, tokenized securities, and digital wallets under existing financial product regulations. Service providers must obtain a financial services license by June 30, 2026, under a temporary no-action relief program. The move follows industry consultation and builds on national efforts to strengthen crypto market oversight.

Visa will integrate four new stablecoins operating on four blockchain networks, CEO Ryan McInerney announced during the company's fourth-quarter earnings call on October 28, 2025. The payment processor has facilitated over $140 billion in crypto and stablecoin transactions since 2020. Stablecoin-linked card spending grew fourfold year-over-year, with the company's stablecoin settlement network surpassing a $2.5 billion annualized volume run rate in the most recent quarter.

Circle launched the public testnet of Arc, a Layer 1 blockchain designed for global payment infrastructure using digital dollars, on October 28. BlackRock, HSBC, and Absa are participating as design partners in the testing phase. The network extends beyond payments to include on-chain foreign exchange and capital markets tokenization capabilities.

Australia's securities regulator has updated its digital asset framework as the country prepares mandatory licensing for crypto exchanges and stablecoin issuers by 2026. The Australian Securities and Investments Commission published revised guidance on October 29, 2025, clarifying how financial services laws apply to digital asset businesses. The update supports upcoming legislation that will introduce formal licensing requirements for crypto platforms and custody providers.

Bitwise's Solana Staking ETF (BSOL) recorded $55.4 million in trading volume on October 28, 2025, its first day on the market. The fund launched with over $223 million in assets, representing the strongest debut among crypto ETFs introduced in 2025. The performance exceeded initial projections and generated $10 million in volume within its first 30 minutes of trading.

Visa will support four stablecoins operating on four separate blockchains, CEO Ryan McInerney said during a Tuesday earnings call. Stablecoin-linked card spending in Q4 2024 quadrupled year-over-year. The company now operates over 130 stablecoin-linked card programs across more than 40 countries.

France's National Assembly has adopted a resolution opposing the European Central Bank's digital euro while supporting Bitcoin and euro-denominated stablecoins. The proposal, introduced on October 22, 2025, by Éric Ciotti and the Union of the Right for the Republic, calls for a national Bitcoin reserve equivalent to 2% of total supply and warns that CBDCs threaten privacy and economic freedom.

TRON processes 95.4% of stablecoin payments in Colombia and holds $78 billion in supply, data show. The network captures 80.7% of Brazil's stablecoin activity and 78.2% in Ecuador. Analysts project TRX could reach $0.45 as adoption expands across Latin America.

The Bitwise Solana Staking ETF (BSOL) began trading on the New York Stock Exchange, becoming the first US-listed solana exchange-traded product. The fund stakes 100% of its SOL holdings to target approximately 7% annual staking rewards. Bitwise CIO Matt Hougan projected the launch could achieve record flows relative to SOL's $110 billion market capitalization.