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 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.

OceanPal, Inc. (NASDAQ: OP) has completed a $120 million private investment in public equity transaction through common stock and pre-funded warrants. The proceeds will establish SovereignAI, a digital asset treasury company focused on commercializing NEAR Protocol and developing blockchain-native AI-cloud infrastructure using NVIDIA technology, according to a press release. Investors in the offering included Kraken, Proximity, Fabric Ventures, and G20 Group.

A new Ethereum technical standard, ERC-8004, aims to create an open marketplace for AI agents. The protocol enables users to mint and delegate AI agents using NFT infrastructure while maintaining reputation scores onchain. Engineers from MetaMask, Coinbase, Google, and the Ethereum Foundation developed the framework, which launched on Ethereum testnet this month.

The Trump Organization generated $864 million in income during the first six months of 2025, a sharp increase from $51 million in the same period the previous year, according to a Reuters investigation. Cryptocurrency token sales accounted for over 90% of total revenue, with World Liberty Financial tokens contributing $463 million and $TRUMP meme coins adding $336 million. World Liberty Financial, launched in September 2024 as a decentralized finance platform, has not yet delivered its promised peer-to-peer finance system.

Western Union will launch a stablecoin named USDPT on the Solana blockchain in early 2026, with Anchorage Digital Bank serving as the token issuer, the company announced Tuesday. The payments provider said the token will enable users to send, receive, spend and hold digital assets through its compliance infrastructure. CEO Devin McGranahan had indicated in July that the company was exploring stablecoin integrations for remittance services.

Nasdaq-listed shipping company OceanPal Inc. closed a $120 million private placement to establish SovereignAI Services LLC, a subsidiary focused on blockchain and AI infrastructure developed with the NEAR Foundation. Kraken, Proximity, Fabric Ventures, and G20 Group participated alongside the NEAR Foundation. The funds will support a NEAR Protocol-based digital asset treasury and a confidential AI cloud platform using NEAR and Nvidia technologies.

Circle Internet Group (NYSE: CRCL) launched the public testnet for Arc, a Layer-1 blockchain designed to integrate programmable money with real-world economic activity, on October 28, 2025. The testnet has attracted participation from over 100 institutions across global finance and technology sectors, including BlackRock, Visa, and Amazon Web Services. The network offers predictable dollar-based fees, sub-second transaction finality, and direct integration with Circle's platform.