Catch up on the biggest crypto news from October 7, 2026, covering major industry developments, company updates, regulation, partnerships, and market-moving announcements.
MoonPay said it gave every X account a Solana and EVM wallet through the PayBox app. Connect an X account, then others can send crypto to that handle from Claude, ChatGPT, or Grok.
Ledger launched self-custodial Bitcoin-backed loans. Users can borrow USDC or USDT against wrapped BTC through Morpho.
House Financial Services Committee Chair French Hill said the SEC and CFTC crypto rules “fall short” of the permanent changes in the CLARITY Act. He hopes Congress can pass the bill in the lame-duck session before the new Congress in 2027.
CFTC Chair Michael Selig said Congress could still modify the agency’s crypto framework later. That follows Monday’s Regulation CTX / CAM proposal for an optional federal path on leveraged retail crypto trading.
The SEC’s approval of 3x leveraged Bitcoin and Ethereum funds is still being recapped and discussed online.
Hong Kong is moving to file a bill by the end of 2026 that would extend licensing beyond exchanges into virtual-asset dealing, custody, investment advice, and asset management. It builds on existing rules for trading platforms and stablecoins. Viral posts cast it as a direct answer to the stalled U.S. Clarity Act; the narrower version is a licensing expansion, not a confirmed “largest Bitcoin bill.”