Converge
@ConvergeDefiant
Decision makers' definitive information source on the intersection of DeFi and TradFi, by @DefiantNews
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WESTPAC TO CAP CRYPTO EXCHANGE PAYMENTS AT A$10,000 A MONTH—NO EXEMPTIONS
From Dec. 1, 2026, the limit applies to payments it identifies as exchange-bound. Withdrawals from exchanges into Westpac are unchanged.
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SHOPIFY EXTENDS SHOP PAY TO AI AGENTS BUYING OUTSIDE ITS PLATFORM
Supported agents use single-use credentials at existing card checkouts; retailers need no new integration. Buyers can authorize purchases within set budgets.
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13 LOOKALIKE TOKENS EMERGE AMID JPMORGAN’S ETHEREUM LAUNCH
The contracts use $JPMD but differ from @jpmorgan’s published address. A matching ticker does not confer a claim on the bank’s dollar deposits.
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EUROS AND $EURC NOW SHARE AN @okx ORDER BOOK
On supported markets, eligible EEA users can settle in either asset without switching liquidity pools. Euro-to-$EURC conversion is 1:1, but trading fees may apply.
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STANDARD CHARTERED SIGNS DEAL TO BUY 100% OF ZODIA CUSTODY
Custody will join @StanChart’s Securities Services; software will move to Zodia Solutions under SC Ventures. The deal is subject to regulatory approvals and closing conditions.
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BINANCE TO REPRICE STOCK-TOKEN COLLATERAL 24/7
@binance starts Oct. 23 at 8 p.m. ET. Off-hours bStocks price drops could shrink margin buffers and bring liquidation closer before U.S. shares resume trading.
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OCC FINALIZES STABLECOIN RULE
The issuer yield ban stays, but a proposed presumption against certain third-party payouts is out. The OCC will review arrangements case by case when the rule takes effect Jan. 18, 2027.
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.@bitwise launches self-custodied tokenized stock portfolio on Base, starting with the Mag7X strategy holding four @coinbase-issued stock tokens. Two additional models coming soon.
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Franklin Templeton manages $1.5 TRILLION.
Its Head of Digital Assets @FTDA_US just told us why blockchain "hugely threatens intermediaries" and why that's good news for investors.
New episode of Converge with Roger Bayston
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Circle says @arc is on track for a Sept. 16 public mainnet launch that would open its production blockchain to users and applications while keeping block production within a permissioned validator set.
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