RBI cuts forex derivatives documentation threshold to $5 million
The new rupee derivatives rules tighten documentation and restrict rebooking cancelled contracts. A separate dollar window for three oil companies opens October 12.
Crypto economy and macro news · Page 3
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ESMA gives three months to resolve non-MiCA stablecoin holdings
The EU markets regulator wants authorised crypto firms to stop facilitating access to non-compliant stablecoins. Its expectations cover custody and transfers as well as trading.
Thailand sets Bitcoin and Ether ETF rules for October 16
Thailand has set the conditions for locally listed Bitcoin and Ether funds, including custody and investor checks. The announcement does not set a launch date for any individual ETF.
Greece proposes 10% tax on crypto gains
The proposal offers an exemption for small gains and a 12-month voluntary declaration window for earlier transactions. It has not yet become law.
Philippine reserves lose $4.85 billion in September
Gold and other reserve assets declined while cash, deposits and securities rose. The central bank says the remaining stock covers 6.3 months of imports and related payments.
Fed minutes signal another rate rise by year-end
September’s minutes show most participants saw another rate rise as appropriate by year-end. The next FOMC meeting is scheduled for October 27–28.
Prosecutors turn to Bitcoin Fog ruling in Roman Storm case
An October 5 filing draws a parallel between the two mixer cases. It is a prosecution argument, not a new ruling on Storm’s pending request for acquittal.
BaFin rejects MiCAR license for bitcoin.de operator
Bitcoin Group is preparing a partner-based operating model after the license refusal. Trading on bitcoin.de had already been largely suspended since June.
India raises rate to 5.5% and shifts to monetary tightening
India’s policy decision reflects mounting price pressures. The committee agreed on the rate increase, while two members opposed changing its monetary policy stance.
FinCEN withdraws crypto wallet and mixer proposals
Two proposals that would have added obligations for financial institutions have been withdrawn. FinCEN cited concerns that its broad mixing definition could also capture legitimate activity.
CFTC opens consultation on leveraged crypto trading rules
A new federal registration route for crypto markets is taking shape in the US. The initiative targets leveraged retail activity and remains an early consultation, with no final rules adopted.
Thailand renews forex warning over unlicensed platforms
Thailand’s central bank has reiterated its position on online currency speculation. Its latest warning concerns licensing and fraud risks, rather than a newly announced ban.
Seven OPEC+ producers hold November quotas as supply risks persist
An output target does not guarantee that oil will reach buyers. OPEC+ left quotas unchanged while its monitoring committee highlighted shipping routes and damaged energy facilities.
FCA opens crypto applications: Existing registration is not enough
The UK’s crypto regime has moved into the application phase. A firm’s current status and the timing of its filing will shape how it can keep serving customers.
Russia’s Finance Ministry starts voluntary digital ruble payroll
The digital ruble has entered the Russian Finance Ministry’s own payroll. The announcement confirms payments to employee accounts, following earlier trials of budget spending.
G7 sets 100M-barrel release, puts diesel first
Diesel deliveries take priority in the G7 plan to ease pressure on energy supplies. The overall release spans four months, alongside efforts to prevent simultaneous refinery shutdowns.
India’s reserve losses accelerate with $18.3 billion weekly fall
RBI data released on October 2 show the weekly fall widening to $18.3 billion. Gold holdings also fell in dollar terms, reversing the previous week’s small rise, while total reserves remained above their end-March level.
Turkey clears NXT for e-money issuance and five payment services
NXT Elektronik Para ve Ödeme Hizmetleri AŞ’s operating licence was published in Turkey’s Official Gazette on October 3. Its scope includes payment accounts, transfers, payment instruments, remittances and bill payments.
Turkey raises SME loan growth cap to 5%, eases reserve rules
Turkey’s central bank has adjusted two financing rules for banks and smaller businesses. The change expands room for SME lending and reduces the share of lira reserves that must remain blocked.
Philippine corruption probe freezes 25 crypto wallets
The trail of funds allegedly linked to public-project irregularities ran from bank accounts to crypto services. AMLC’s new statement does not disclose the value of the assets or the tokens involved.