The Financial Stability Board (FSB) sent a letter to G20 finance ministers and central bank governors warning that cross-border stablecoin oversight and crisis management remain immature, and flagging AI-driven cyber threats to critical financial institutions. In its 2025 review, 11 of 28 surveyed jurisdictions had finalized stablecoin regulatory frameworks. The accompanying report warns that stablecoin runs could spill into traditional markets through forced sales of reserve assets and bank deposit withdrawals, with multi-issuer stablecoins particularly exposed when reserves sit in different jurisdictions. The FSB has also finalized 12 practices for responsible AI adoption covering governance, development, cybersecurity and third-party risks, and urged G20 members to support them. FSB Chair Andrew Bailey said AI requires close attention and careful management by financial institutions.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/11/2026 | 83,773.12 |
| Change that session | +0.95% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/11/2026 | 2,536.94 |
| Change that session | +1.21% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- U . S . Spot Bitcoin ETFs Lost About $910 Million in Two Weeks as October Flows Turned Negative :
U.S. spot bitcoin ETFs posted net outflows of $228.6 million in the week ended October 16, following a $681.1 million drain the week before, bringing two-week redemptions to roughly $910 million. October has turned negative, with the funds down about $615 million for the month after opening with roughly $293 million in inflows. Wednesday's selling coincided with a September CPI reading of 3.7%, above the 3.6% forecast, which revived bets on further Federal Reserve rate increases. Bitcoin briefly fell below $80,000, nearly $950 million in leveraged crypto positions were liquidated over 24 hours, and the asset closed Friday near $81,590. Even so, cumulative net inflows since the January 2024 launch remain $57.3 billion, with total net assets of about $104 billion.
- Bitcoin ( BTC ), Asian Equities , Nasdaq Futures Rise After China GDP Exceeds Growth Forecasts
Bitcoin, Asian equities and Nasdaq futures rose together after China's third-quarter GDP grew 4.5% year-on-year, above the roughly 4.4% forecast. Bitcoin traded near $82,500, Nasdaq futures gained more than 1%, and Japan's Nikkei 225 rose 1.8%. September retail sales rose 1.1%, but fixed-asset investment fell 7.2% in the first nine months, pointing to an uneven recovery. Crude prices eased after the US reportedly waived some sanctions and tariffs on Russian energy exports, which the article describes as a partial rebound from last week's AI-led declines.
- Will the Fed Raise Rates This Month? Here's What Markets Say.
The latest CPI report showed September inflation came in hotter than expected: headline CPI rose 3.7% year over year and 0.6% from August, while core CPI rose 2.6% year over year and 0.3% monthly. This suggests the Fed could hike for a second straight time at its Oct. 27-28 meeting. However, futures traders price an 85.1% chance the Fed holds its rate at 3.75% to 4% in October and a 74.1% chance it resumes hiking in early December. The two-year Treasury yield has eased to 4.73% from 4.93% in September, signaling lower expectations for hikes, though it remains above the current rate. The author notes that stocks tend to perform better when the Fed moves slowly, and sees new Fed Chair Kevin Warsh, in the role since May, as an incrementalist.
- Michael Saylor's Strategy Boosts STRC Buyback Program To $3B, Keeps BTC Buying Muted
Strategy (MSTR), Michael Saylor's Bitcoin treasury company, expanded its digital credit securities repurchase program to $3 billion from $2 billion, even though its latest Bitcoin purchase was only 267 BTC, bringing total holdings to 848,517 BTC. It repurchased $193 million of its STRC preferred stock. VanEck's Matthew Sigel noted STRC briefly traded at $99.90 before slipping to $97.72 after MSCI finalized rules to remove MSTR from its indexes, with a return to the $100 par value seen as a key level to watch. Elsewhere, Bitmine (BMNR) bought $30.3 million of Ethereum, and Strive (ASST) bought 1,223 BTC, bringing its holdings to 36,818 BTC. Strategy has urged MSCI to withdraw its proposal, and the updated framework is scheduled to take effect with the November index review.
- Strategy Buys $22M in Bitcoin, Buys Back $193M of STRC
Strategy bought 267 BTC for $22.1 million last week and repurchased $193.1 million of its STRC preferred stock, according to an SEC filing. Its board raised the digital credit securities repurchase program cap to $3 billion from $2 billion, leaving $1.16 billion available. The Bitcoin purchase was funded mainly by selling MSTR common stock, while the STRC buybacks came from cash reserves. The company now holds 848,517 BTC, acquired for a total of $64.02 billion at an average of $75,446 per coin. Strategy also faces possible removal from MSCI's indexes under a rule on 'non-operating companies'; MSCI will publish the affected list on November 11, and such companies are treated as ineligible from the close of November 30.
- Another interest rate hike may be ahead as Fed battles inflation
Related markets
Latest news
- Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
Saudi Arabia has postponed its major annual investor conference until 2027 as Iran-backed Houthi militants escalate missile and drone attacks on the kingdom. The Future Investment Initiative had been scheduled for Riyadh from October 26 to 29. The decision follows a Houthi attack on King Khalid International Airport in Riyadh on October 10, which left at least 12 people dead and more than 300 injured. Organizers said in an email that new dates will be announced soon.
- Russia fires mysterious weapon at Kyiv, shockwaves spread; President Putin appears in rare image, drawing global attention
On the night of 18 Oct, Russia launched a coordinated strike on multiple Ukrainian targets using ballistic missiles, cruise missiles and Geran UAVs, focused on Kyiv. According to TST, around 10 ballistic missiles of the Iskander-M, S-400 or KN-23 types may have been used in the first wave; an above-ground metro station on Kyiv's left bank was reported damaged, disrupting rail and metro services, and videos of blue flashes led observers to suspect a new weapon. In western Ukraine, a 330 kV transformer station near Kovel may have been targeted. Meanwhile, Putin, who rarely appears in military uniform, visited a command post and stressed establishing a “security zone” along the border; blogger Yuri Podolyaka argued Moscow no longer treats these areas as bargaining chips. Front-line correspondent Alexander Kots said the part of Donetsk still controlled by Ukraine is just over 2,700 km².
- Semiconductor Sell-Off: 5 Stocks to Buy on the Dip
The article attributes the semiconductor selloff to investor doubts about the durability of AI infrastructure spending, even as cloud companies report strong demand for AI chips. It highlights five stocks: Nvidia (forward P/E just above 13.5 on fiscal 2028 estimates), Broadcom (custom AI chips, with that revenue expected to quadruple to $230 billion over two years; forward P/E of 11), AMD (riding inference and agentic AI demand), Cerebras Systems (high risk-reward; the company claims 30 times the inference speed of GPUs) and TSMC (forward P/E of 18 on 2027 estimates).
- Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line
Bitmine bought another 12,535 ETH (about $30 million), lifting its holdings to 6,041,481 ETH, or 4.9% of supply and 99% of its 5% target. Chairman Tom Lee blamed the crypto selloff on a broad risk-off shift, including AI funding and safety worries, U.S.-Iran tensions, midterm jitters and rising bond yields, and called the dip a historically attractive risk-reward entry. Total holdings reached $15.1 billion as of Oct. 18, including 215 Bitcoin, $582 million in cash and marketable securities, and other investments. About 84% of its ETH (5,067,309 tokens) is staked via its MAVAN platform, with projected annualized revenue of roughly $309 million. The position is currently underwater on paper because much of it was bought at higher prices.
- Opinion: The Most Important Number in Taiwan Semiconductor's Earnings Report Was 68%
The author argues the most important figure in TSMC's Q3 report is 68%, the share of revenue from high-performance computing (HPC), which grew 22% from the prior quarter. Revenue reached $46.72 billion, up 41.2% year over year, net income rose 68.7%, and gross margin hit 66.4%. Processes at 7nm and below made up 79% of wafer revenue, with 3nm at 33% and 2nm at 8%. TSMC guided Q4 revenue to $52.3–54.3 billion and expects roughly 44% full-year growth in U.S. dollars. The author remains bullish, saying ongoing demand for advanced AI chips should keep profits rising.
- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.