The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk.

Thailand’s SEC has finalized rules for Bitcoin and Ether ETFs, with the framework taking effect October 16 and strict fund design limits.

Hashi, a cross-chain bridge project in the Sui ecosystem, has gone live. In its first phase, the project is bridging $500 million worth of Bitcoin to the Sui network. The goal is to make Bitcoin a yield-bearing collateral asset within DeFi protocols. The launch is intended to raise Bitcoin's capital efficiency in decentralized finance markets and expand Sui's on-chain locked value, while opening up non-custodial Bitcoin lending and yield use cases.

Volatility Shares won Cboe BZX approval for the first 3x leveraged Bitcoin and Ether ETFs in US history. The listing rule cleared Oct 2. The Federal Register published Oct 7. But the products cannot trade until the S-1 registration statement becomes effective.

Ledger said it has launched a new feature that lets users borrow stablecoins using bitcoin as collateral without giving up self-custody. The Crypto Loan feature allows Ledger Wallet users to post wrapped bitcoin and borrow USDC or USDT inside the app, with all loan actions confirmed on a Ledger hardware device. The tool is powered by the on-chain lending network Morpho and is integrated via Yield.xyz, Ledger said. Ledger also added direct access to Morpho’s lending markets and curated vaults across Ethereum and major layer-2 networks for depositing, borrowing and earning.