Odaily report: On October 21, the American Bankers Association (ABA) and the Independent Community Bankers of America (ICBA) criticized the U.S. Office of the Comptroller of the Currency (OCC) over its final rules implementing the GENIUS Act, arguing that restrictions on stablecoin rewards are insufficient and could divert traditional bank deposits and weaken community lending capacity.

The ICBA stated that its economic analysis shows that if payment stablecoins become widely adopted, community bank lending could shrink by at least $850 billion in the future. This figure is a scenario projection put forward by the association, not an realized outcome.

The ABA said the OCC removed proposed safeguards for indirect yield arrangements involving stablecoins, which involve affiliates, exchanges, and other distribution partners. The OCC's final rules cover stablecoin reserves, redemption, custody, and risk management standards. (Bitcoin.com News)

Odaily reports that Coinbase announced on X that it has launched perpetual futures trading functionality for AI agents, calling it "AiFi²".

Odaily: Coinbase posted on X platform that its Midterm Election Dashboard is now live, available only within the Coinbase app in the United States, excluding Michigan and Nevada. The related futures and swaps products are offered by Coinbase Financial Markets, a member of the CFTC and NFA; trading may result in total loss, the related content does not constitute investment advice, and payouts depend on the specific event.

Odaily: Bitcoin News posted on X that BTCPay Server has updated its optional WooCommerce/WordPress deployment through its Docker installer in response to a recently disclosed severe PHP vulnerability. Users running WooCommerce through BTCPay Server should update immediately by simply clicking "Update" within BTCPay Server.

Odaily reports: A Fox Business crypto reporter posted on X platform that the U.S. Securities and Exchange Commission (SEC) stated that three companies have notified it of their plans to operate tokenized securities trading venues (TSVs) under the new innovation exemption policy. TSV LLC is held by Obsidian Systems co-founders Ali Abrar and Ryan Trinkle, with Ryan Trinkle also serving as a board member of the Canton Foundation; the platform plans to operate on Canton Network. OKXICE is a joint venture between OKX and ICE Markets, planning to operate on OKX's Ethereum Layer 2 network X Layer. Kephas Corp. is the U.S. subsidiary of Perpetuals.com, led by founder @PGruhnPDC, who previously served as head of FTX Europe; the platform plans to operate on Kronos X Public, a public, permissionless Layer 2 network that adopts permissioned trading pools. The SEC stated that inclusion on this list does not mean the relevant companies have met the conditions of the innovation exemption.

Odaily reports that according to Onchain Lens monitoring, PUMP FUN transferred 129,800 SOL worth $14.06 million from its fee wallet to Kraken.

Odaily reports: The UK Financial Conduct Authority (FCA) has announced the launch of two consultations, covering guidance for decentralized finance (DeFi) firms on compliance with anti-money laundering and financial crime rules, as well as arrangements to exclude certain cryptoassets from the regulatory perimeter under recent legislative changes.

The FCA stated that the proposed DeFi guidance is intended to clarify existing rules rather than create new policy. The FCA is also consulting on cryptoasset regulatory exemptions.

The UK Cryptoasset Business Council said that DeFi is one of the most innovative areas of financial services, and that the UK should establish clear and proportionate regulatory boundaries to keep responsible innovation developing domestically.

The FCA opened applications for firms under the new crypto regulatory regime on September 30, with applicant firms required to complete compliance by February 28, 2027. The regime covers stablecoin holding arrangements and reserve assets and is expected to take effect from October 2027. (Cointelegraph)

Odaily Report: Uniswap founder Hayden posted on X that the first UNI block trade executed through a regulated traditional finance channel has been completed, marking the first instance of a DeFi token executing a block trade through such a channel.

Odaily reports: PHP has issued a security advisory regarding two previously disclosed critical remote code execution (RCE) vulnerabilities, identified as CVE-2026-109618 and CVE-2026-109619. Attackers may exploit these vulnerabilities to execute malicious code without authentication, and PHP officially strongly recommends that all users upgrade immediately.

These vulnerabilities affect PHP environments that handle web requests, including PHP-FPM, Apache mod_php, php-cgi, FrankenPHP, and LiteSpeed. Among these, Apache mod_php poses a particularly prominent risk, as attacks can be triggered before application code runs.

Official patched versions have been released: PHP 8.5.12, 8.4.27, 8.3.36, and 8.2.35. Users still running PHP 8.1 or earlier should contact their distribution or long-term support (LTS) vendor to confirm patch availability, or upgrade to a supported version. Officials emphasize that temporary mitigation measures cannot fully eliminate the risk—installing security updates immediately is the only complete way to address the vulnerabilities.

According to MSX.COM data, MSTU rose 14.8% in 24 hours and is now trading at 38.98 USDT.

Odaily reports that Dataline, a decentralized data network project for AI agents, has announced the completion of a $10.6 million seed round, with participation from Coinbase Ventures and Robinhood CEO Vlad Tenev. The project also plans to conduct a public token sale through Uniswap's auction platform, with specific details expected to be announced next week and the token planned for launch before the end of this year.

Odaily Report: A Fox Business crypto reporter posted on X that the American Bankers Association (ABA) has expressed dissatisfaction with the U.S. Office of the Comptroller of the Currency (OCC)'s final rule on the GENIUS Act, saying the rule "maintains the status quo for crypto platforms." Previously, the OCC removed proposed restrictions on stablecoin yields. ABA CEO @BankersPrez said, "Trying to respond after deposit flight and economic damage have already occurred is the wrong approach."

Odaily reports: According to White House officials, U.S. President Trump plans to highlight his administration's efforts to combat scams carried out by overseas criminal organizations using cryptocurrency at a cybercrime event held at the White House. Transnational criminal syndicates are said to have stolen funds from American citizens through romance scams, phishing, ransomware attacks, and other means. U.S. law enforcement agencies have frozen approximately $833 million in crypto assets linked to overseas fraud and, under a Department of Homeland Security task force operation, seized 503 fraudulent cryptocurrency websites, while notifying nearly 9,000 U.S. citizens that they were being targeted by scams. As the U.S. congressional midterm elections approach, Trump and his administration's ties to the crypto industry are also drawing scrutiny over conflict-of-interest allegations. (CoinDesk)

Odaily reports: Musk stated on SpaceX's Q3 earnings call that both the SpaceX and Tesla boards have established independent special committees of directors to evaluate the possibility of a merger between the two companies.

According to Tesla's latest quarterly filings and the S-1 filing submitted by SpaceX ahead of its IPO, the two companies hold 11,509 and 18,712 bitcoins respectively, totaling 30,221 bitcoins. At a bitcoin price of approximately $83,000, this is worth about $2.5 billion. The combined cost basis of the two companies' bitcoin holdings is approximately $1 billion, with an average purchase price of about $35,000 per coin. If the merger is completed, these bitcoins would be consolidated onto a single company's balance sheet, placing the combined entity among the publicly traded companies holding the most bitcoin globally. However, neither company has disclosed plans to increase or sell its bitcoin holdings, and the merger remains in the preliminary evaluation stage. (Decrypt)

Odaily reports that Bitcoin News posted on X that the St. Louis Fed Economic Research website is currently displaying a maintenance notice. The site hosts the widely used FRED economic database. The website outage comes amid reports of a severe PHP security vulnerability, but the Federal Reserve has not yet confirmed whether the two are related.

Odaily: Bonk Guy posted on X stating that Bitcoin has risen about 3% since yesterday, while ZEC, which focuses on privacy features, has surged 16% over the same period, adding over $3 billion in market capitalization, as the privacy sector becomes a market focal point. He noted that MASK currently has a market capitalization of only about $26 million, yet it is the highest-revenue privacy coin protocol, with protocol trading volume and fees continuing to hit all-time highs, and its Solana version expected to launch within days, which is poised to further boost usage, trading volume, and fee revenue. According to DeFiLlama data, MASK's revenue exceeds the combined revenue of the next 10 privacy protocols. Bonk Guy believes that MASK combines a real product, genuine user demand, growing adoption, and potential catalysts, and remains severely undervalued by the market.